Best Capital One Cash-Back Credit Cards for January 2023
Capital One’s cash-back credit cards reward you for the purchases you make every day. Each of the four cards in this roundup offers unlimited rewards, so you earn more as you spend more, with no caps.
Choose a card with benefit levels that pay the highest rewards for the categories you shop most or earn the same on all your purchases. Either way, your rewards won’t expire as long as your account remains open, and you can redeem them whenever you want, with no minimum required.
The cards listed below fall into two product lines: Savor and Quicksilver. Savor offers one full-featured card with an annual fee and one with fewer perks but no annual fee, and Quicksilver has a fuller-featured card with no fee and a card designed for fair credit that does have a fee. All of the cards come with 24/7 customer service, free credit monitoring and Eno, a digital assistant that monitors your account for security issues and answers your account questions via the mobile app or text.
Keep reading to learn more about the best Capital One credit cards for cash-back rewards.
| Credit Card | Features |
|---|---|
| Capital One SavorOne Rewards Card |
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| Capital One Quicksilver Rewards Card |
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| Capital One Savor Rewards Card |
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| Capital One QuicksilverOne Rewards Card |
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Capital One SavorOne Rewards Card
Who it’s best for: Customers who spend more modestly on food and entertainment
The SavorOne Rewards card from Capital One has a top cash-back rewards level of 3%, good for dining, entertainment, select streaming services and at grocery stores. You also get a 0% introductory APR on purchases and balance transfers for 15 months — after which a APR applies — and the opportunity to earn a one-time new cardmember bonus of $200 when you spend $500 on purchases in the first three months.
Pros
- 3% cash back on four popular spending categories and 1% back on all other purchases
- 10% cash back on purchases with Uber and Uber Eats
- Introductory APR on purchases and balance transfers
- Easy-to-earn bonus offer for new cardmembers
- No annual fee
- Can use rewards to pay for Amazon.com purchases
- No foreign transaction fees
Cons
- Maximum APR is high
- Need excellent credit to qualify
Capital One Quicksilver Rewards Card
Who it’s best for: Moderate credit card users who want a straightforward approach to rewards
You’ll get 1.5% cash back on all your purchases when you use Capital One’s Quicksilver Rewards credit card, plus a 0% APR on purchases and balance transfers for the first 15 months, followed by a APR. Double your earnings with unlimited 3% cash back on all purchases made in the first year of card membership. Plus, through Nov. 14, 2024, Quicksilver cardholders can get up to six months of Uber One membership for free.
Quicksilver lets you spend your rewards when you shop online and pay for your purchases via PayPal Checkout, which securely stores your shipping and billing information so you don’t have to enter it each time you shop.
Pros
- Simple cash-back rewards — no keeping track of your spending categories
- Offer for new cardmembers
- Introductory APR on purchases and balance transfers
- Can spend rewards online at Amazon.com and when using PayPal Checkout
- No annual fee
- No foreign transaction fees
Cons
- Low cash-back reward level
- Need excellent credit to qualify
Capital One Savor Rewards Card
Who it’s best for: Those who spend significantly on dining and entertainment and use their card to pay for purchases
The Capital One Savor Rewards card offers the highest cash-back level of any Capital One cash-back card listed here — 4% on dining, entertainment and select streaming services. It also offers 3% cash back at grocery stores. The new cardmember offer is also the most generous, earning you a one-time $300 cash bonus when you spend $3,000 on purchases within the first three months after account opening.
Pros
- 3%-4% cash back on popular spending categories; 1% back on all other purchases
- 10% cash back on purchases with Uber and Uber Eats
- Generous cash bonus offer for new cardmembers
- Can use rewards to pay for Amazon.com purchases
- No foreign transaction fees
Cons
- $95 annual fee
- No introductory APR
- Need excellent credit to qualify
Capital One QuicksilverOne Rewards Card
Who it’s best for: Customers with a limited credit history or a default within the last five years
The QuicksilverOne Rewards card from Capital One gives those with fair credit the chance to earn unlimited rewards in the form of statement credits or checks. Additionally, through Nov. 14, 2024, QuicksilverOne cardholders can get up to six months of free Uber One membership.
Pros
- Easier to qualify for than other cards
- 1.5% cash back on all purchases
- Higher credit line possible in as little as six months
Cons
- $39 annual fee
- High APR
- No introductory rate
Which Is the Best Capital One Cash-Back Credit Card?
All of the cards listed here reward you with a percentage back on all your purchases. Review the credit requirements for each. Once you’ve identified the cards that best meet your credit profile, examine your spending to see where most of your money goes, and select the card with the best rewards for those purchases.
Remember to keep annual fees and sign-up bonuses in mind to make sure the card you select offers good value.
Cynthia Measom contributed to the reporting for this article.
Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of Jan. 19, 2023.
Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.
