Why People Love it
- No annual fee, no foreign transaction fee, and an introductory 0% APR period
- Earn unlimited 1.5% cash back on all purchases
- One of the easiest signup bonuses in the world—$150 after spending $500 in 3 months
Application Process: Online, quick and easy.
Annual Fee: None! And no foreign transaction fees either (obviously).
APR: Relish in the 0% introductory APR for purchases and balance transfers for your first 9 months. After reality sets in, you’ll be assessed a variable APR between 13.99% and 23.99%.
Rewards: Fairly straightforward, and redeemable as statement credit or as a cheque.
Bonus Offers: Receive a $150 one-time cash bonus upon spending $500 within 3 months of account opening.
If you aren't a big spender, the Capital One Quicksilver Cash Rewards card is a great credit card for earning on every dollar spent, both domestically and abroad. On that note, there are no minimums for redeeming the rewards you work so hard to earn, an easy to obtain signup bonus, and a nice introductory 0% APR period on both purchases and balance transfers. What more could you want from a card with no annual fees or foreign transaction fees?
If you want to nitpick, you could say that rewards redemption is pretty plain—your options are a statement credit or cheque.