Capital One Platinum vs. Subscribe to get the week’s most important news in your inbox every week. CreditCards.com is an independent, advertising-supported comparison service. But if you don’t have the credit score for the Quicksilver, and your goal is to improve your credit profile while extending your credit line, then the Capital One Platinum is a great choice. Card Comparisons According to the U.S. Bureau of Labor Statistics, the average household expenditure was just over $61,000 in 2018. The company has made a good card for those who has a good credit score. Get essential reads every week with our newsletter. By providing my email address, I agree to CreditCards.com’s Get a 60,000-mile welcome offer after you spend $3,000 in your first 3 months. frais annuels 0 $ Récompenses Gagner. When you click on Since the Capital One Platinum doesn’t offer a welcome bonus, Quicksilver wins this hands down. For example, if you charge $1,000 a month, you’ll earn $180 over the course of the year, just by swiping your card. The Capital One Quicksilver card is a high-yield cash back card designed for cardholders with excellent credit. The Platinum card’s finance charges are high, so it’s not a great choice for carrying a balance. But with the Quicksilver, you’ll get 1.5 percent back on every dollar spent, so that’s a total of nearly $229. American Express Gold Card vs. Not only will the interest most likely be lower, but many of the perks – including no foreign transaction fees and no penalty APR rate – will be the same. But changes are coming to the card on August 5, 2020, and not for the better. If you have excellent credit, choosing the Quicksilver card over the Platinum card is a no brainer. $39 annual fee. Privacy Policy, Essential news and expert tips in your inbox every week. ADVERTISER DISCLOSURE CreditCards.com is an independent, advertising-supported comparison service. Here’s what else to consider when comparing the two cards: If you like the idea of earning rewards alongside your spending, then the Quicksilver Rewards card is a clear winner. All Rights Reserved. Capital One Quicksilver vs. Capital One Platinum. By providing my email address, I agree to CreditCards.com’s The Capital One® Platinum Credit Card offers a strong package of cardholder benefits and is marketed to applicants with average credit or better. Bear in mind though that you’ll need to repay any outstanding balance in full each month, otherwise the interest charges you’ll incur will wipe out any rewards you’ll earn. Capital One® Platinum Credit Card vs. Capital One® Quicksilver® Cash Rewards Card. 2 Malheureusement, les transferts de solde ne sont pas possibles pour le moment. Since larger credit limits are hard to get for consumers with damaged scores, that perk alone is worth a lot. Classic Platinum by Capital One. World MasterCard offers an extensive travel accident insurance and their lost luggage policy will reimburse you up to $100 a day for up to 3 days. Because many credit cards with a competitive rewards program require good or excellent credit for approval. For big-ticket items, the extended warranty feature will come in handy. The Capital One Platinum will help someone with average credit to access a higher credit line and potentially build a better credit score. Advertiser Disclosure, by back Capital One Classic Platinum. The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. The Capital One SavorOne card gives you a way to earn rewards on all the food you buy, including both restaurants and grocery stores. Connect with friends faster than ever with the new Facebook app. Although its cash bonus of $150 is not exactly top-of-the-market, it’s decent for a card without an annual fee, and the spending requirement of $500 within three months is relatively easy to reach too. If your credit score isn’t high enough to qualify for a Quicksilver card, but you’d like to earn cash back with your spending, you may want to consider the Capital One QuicksilverOne Cash Rewards Credit Card. Both these cards are meant for building credit, but the Capital One® Platinum Credit Card is an unsecured card that requires at least a fair credit score to apply. Citi® / AAdvantage® Platinum Select® World Elite Mastercard® vs. Capital One Venture Rewards Credit Card. Copyright © 2021 CreditCards.com a Red Ventures Company. for no credit or average credit. Kelly Dilworth Now, let’s say your expenditure is in line with the national average, and you use your credit card to pay for roughly one-quarter of your expenses, or $15,250. the "Apply Now" button, you can review the credit card terms and conditions on the issuer's web site. Privacy Policy. Fair to good credit, which is around 580-740. CreditCards.com credit ranges are derived from FICO® Score 8, which is one of many different types of credit scores. Like all Capital One credit cards, the Platinum card also waives foreign transaction fees – a rare perk for a card aimed at consumers with imperfect credit. Since the Capital One Platinum doesn’t come with a rewards program, the Quicksilver is again the winner. Privacy Security AdChoices Terms & Conditions Security AdChoices Terms & Conditions She began her career in journalism at The Atlantic in 2007, then detoured into nonfiction book publishing for several years. The Capital One Platinum Card is a Mastercard, so you’ll still get useful Mastercard Platinum benefits, such as extended warranty, roadside assistance and travel accident protection. Unlimited 1.5 percent cash back on every purchase. These include two new versions: World and Platinum. The Capital One Venture Rewards Credit Card is an excellent choice if you want a travel rewards credit card without restrictions and don't care so much about a particular airline. August 24, 2015 Written By Jason Steele . Capital One(R) Quicksilver(R) Cash Rewards Card. If you meet the spending prerequisite of $500 in your first three months, you’ll also qualify for the $150 one-time welcome bonus. Redemption is flexible too, so you can redeem when you want and in ways that suit you. You’ll get zero percent APR on both purchases and balance transfers for 15 months (15.49 and 25.49 percent variable thereafter). But aside from their affiliation with Capital One, these two cards are a world away in terms of the benefits they offer and the reasons why a cardholder might choose them. There are no minimum redemption requirements, and your rewards won’t expire as long as your account is open. Keep an eye on your inbox—we’ll be sending over your first message soon. BMO Air Miles World Elite. Otherwise, travelers who can realize just one of the other tour, cruise, or limo discounts available with World Elite Mastercard will find the Citi / AAdvantage Platinum or the JetBlue Plus Card to be well worth the annual fee. Deciding which card is best for you depends on how high your credit score is and what you’re looking for in a credit card: Do you want a cash back card that rewards you for spending? That breaks down to only around $167 a month in purchases during the promotional period. Carte Platine MasterCard de Capital One détails. But if you’re trying to build credit or just want a plain, no-frills card, the Platinum card has some appealing features. Reasonable efforts are made We're more than just a bank. Other factors, such as our own proprietary website rules and the likelihood of applicants' credit approval also impact how and where products appear on this site. The Capital One® Secured Mastercard®, on the other hand, is a secured card where you … Both are purely cash-back cards, with no tiers, earning limits, minimums, or annoying restrictions that many other cards have. Earn $150 cash bonus when you spend $500 in your first three months. This card offers opportunities for establishing or rebuilding credit. You can also get 24-hour travel assistance services and roadside assistance for auto emergencies. According to the U.S. Bureau of Labor Statistics, the average household expenditure was just over $61,000 in 2018. The information for the Capital One Savor cards has been collected independently by The Points Guy. The editorial content on this page is based solely on the objective assessment of our writers and is not driven by advertising dollars. The New World Card, despite the look and feel and everything was carried over from the Platinum Card is STILL a NEW card with a NEW Number. The Capital One Platinum card is a plain vanilla credit card designed for cardholders who want to build or rebuild credit with responsible use. It doesn’t offer a rewards program, nor does it offer a sign-up bonus. Chase’s new Ink business card offers a $500 bonus and 1.5 percent back on every purchase. Capital One Quicksilver Cash Rewards Credit Card, Capital One QuicksilverOne Cash Rewards Credit Card. This low maintenance cash back card is ideal for cardholders who want to earn a significant amount back, but don’t want to put of a lot of effort into their earnings. It offers: 60,000 miles ($600 in travel) once you spend $3,000 on purchases within the first 3 … World MasterCard partners with Fairmont, Mandarin Oriental, and Relais & Chateaux properties, so you get discounts in luxury hotels all over the world. Capital One Platinum does not have any rewards—it functions more as a gateway to credit building. Your credit cards journey is officially underway. Additionally, if you have average credit, you’ll often get low limits on credit products even when you’re approved for them. The offers that appear on this site are from companies from which CreditCards.com receives compensation. The Capital One Mastercard, Exclusively for Costco is a cash back reward card, which is one of the things that’s most attractive about the card. Secured. However, all credit card information is presented without warranty. Platinum Card from American Express, 1.5 percent cash back on general purchases, $200 cash back when you spend $500 in the first 3 months, $300 x 1.5% cash back x 12 months – $39 annual fee =, Rewards don’t expire as long as account is active, No limit on the amount of cash back you can earn, You can use your cash in any way you want, Account reviewed for a higher credit line after you pay on time six months in a row, You can’t transfer cash to other rewards programs, Someone who is building or rebuilding credit. You’ll get 1.5 percent cash back for every purchase, a lengthy introductory APR to save on interest, and a $150 one-time cash bonus to sweeten the deal. Enjoy extra protection when you travel, like auto rental collision damage waiver and travel accident insurance. The Platinum card is a better pick for someone who may be tempted to charge more than they can afford or who doesn’t use their card regularly. Platinum Card from American Express. Platinum card from American Express: Which card is best?, American Express Gold Card vs. Given there are no bonus categories or maximum spending limits to worry about, you can earn cash back from everyday spending effortlessly. Kelly Dilworth. D’autres conditions s’appliquent. has a $0 annual fee, a $0 fraud liability (which is pretty standard), and all of the traditional Platinum MasterCard benefits, such as: Extended warranty on purchases made on your credit card. Capital One is a dominant issuer and suits folks with excellent, good, or average credit. If you apply for a credit card, the lender may use a different credit score when considering your application for credit. The Capital One Platinum Credit Card is designed for people with average, fair or limited credit, making it a good alternative to secured credit cards as a tool to build credit. Earn an unlimited 2x miles on all purchases. However, we may receive compensation when you click on links to products from our partners. Zero percent APR for 15 months on both purchases and balance transfers, then regular APR between 15.49 and 25.49 percent variable. Capital One Venture Rewards Credit Card. It offers a flat 1.5 percent cash back rate that can add up to big savings for cardholders who use it regularly. So the fact that you can extend your credit line with the Capital One Platinum after making your first five monthly payments on time is highly appealing to anyone with fair credit or a thin credit history. Although the Quicksilver comes out on top in many ways, it’s important to bear in mind that the main benefit offered by the Capital One Platinum is the opportunity to improve your credit profile and access a higher credit line. compare. Platinum card from American Express: Which card is best? The 15-month zero percent APR (15.49 to 25.49 percent variable thereafter) will save you a lot of money in interest if you have an existing balance to transfer, or if you have a big purchase coming up. Show full articles without "Continue Reading" button for {0} hours. to maintain accurate information. So if you run into a stretch of bad luck and repeatedly miss payments, you won’t be surprised with a higher interest rate than you were expecting. Other factors, such as our proprietary website's rules and the likelihood of applicants' credit approval also impact how and where products appear on the site. See related: Citi Prestige vs. In effect, the Capital One Platinum gives you the opportunity to improve your credit profile, then rewards you with a bigger and more useful credit limit for future use. Its 1.5 percent flat-rate cash back is not the highest, but there isn’t a cap on the rewards you can earn. However, Uber Eats purchases earn 5x miles per $1 spent through January 31, 2020. CreditCards.com does not include the entire universe of available financial or credit offers. For cardholders who are just starting to use credit or who are rebuilding their credit scores, the Platinum card is a good option. Compare Capital One Venture vs American Express Platinum and see which is better. The grandfathered Capital One Aspire World Elite Mastercard has been popular with its members, even after it was no longer available to new customers. The Quicksilver, on the other hand, charges 3 percent. Credit One vs. Capital One — what are the differences between these two credit card issuers? With this card, there are tools for managing credit responsibly, valuable benefits for cardholders and an annual fee of $0. Capital One Platinum: Pricing information including interest rates, rewards, benefits and fees was obtained on June 8, 2020 from published websites and is believed to be accurate, but not guaranteed. You’ll earn greater rewards with the Quicksilver because it has a cash rewards program. The Capital One Quicksilver Cash Rewards Credit Card and the Capital One Platinum Credit Card share the same issuer. Neither card charges an annual fee or foreign transaction fee, making them both low-cost additions to your wallet. Capital One Platinum Vs. Capital One Quicksilver spending example. Here are the details on the changes, and your alternatives to consider. The Capital One Venture Rewards Credit Card is a Visa Signature travel rewards credit card earning 2x miles for every $1 spent on purchases. This card offers the same 1.5% cash back rate on all purchases, but is designed for cardholders with average credit. 3 Les bons de remise en argent sont accordés uniquement aux titulaires de compte admissibles. The Quicksilver, on the other hand, is about getting no-fuss rewards for your everyday spending. $120 Annual fee (waived in the 1st year) Earn 1 Air Miles reward mile for … Capital One Platinum vs. QuicksilverOne spending example To offset the cost of the QuicksilverOne’s $39 annual fee, you’ll need to spend about $220 a month, or $2,600 a year, to break even. By providing my email address, I agree to CreditCards.com’s But if you factor in the annual fee, you’ll only earn around $15. Capital One® Venture® Rewards Credit Card. Without a rewards program, the Capital One Platinum will clearly earn you nothing by way of cash or travel rewards. This compensation may impact how and where products appear on this site, including, for example, the order in which they appear within listing categories. If you’ve got good to excellent credit and want to get something back for your day-to-day spending, then Capital One Quicksilver is a no-brainer. Receive cash back as a direct deposit or statement credit, apply to cover a recent purchase or spend on gift cards. Instead, its biggest selling point is its forgiving stance toward cardholders who are rebuilding their credit: If you pay your bill on time six months in a row, for example, your account is automatically reviewed for a credit limit increase. Meet Eno. In addition, your account is automatically reviewed for a credit limit increase after your first six months of on-time payments, which could have a beneficial impact on your credit score. Get various travel benefits, including a TSA PreCheck or Global Entry statement credit worth $100. Also, people who don’t use credit cards often tend to like plain, vanilla cards because they’re simpler than rewards cards. That said, since the Platinum card is designed for cardholders who have average credit, its finance charges are steep. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. Given the lack of rewards, why would anyone consider the Capital One Platinum? Avance de fonds 19,75 %. Articles on Capital One Platinum Credit Card. If you have had problems with your credit, then you need a tool to help you rebuild it, and one of the most important tools available is a credit card. The Capital One Platinum is one of a few cards on the market with no balance transfer fee. If your credit is excellent, the Quicksilver card is a great low-maintenance cash back card to use for everyday spending. Capital One Platinum Preferred Card is a new credit card product. Apply Now add a review intro purchase APR no intro offer: regular APR 20.90 - 20.90% (V) intro BT APR 20.9% no BT fee: no credit required. The Capital One(R) Platinum Credit Card and the Capital One(R) Quicksilver(R) Cash Rewards Card are both famously low in fees. Late summer 2011, Capital One added two new MasterCards to the Aspire family, to replace their old tiered cash-back reward cards. But which card is best depends on how much you travel. Like us on Facebook to see similar stories, BLM vs Capitol protests: This was the police response when it was Black protesters on DC streets last year, Ganguly leaves hospital as oil brand's 'heart healthy' ads pulled. Please review our list of best credit cards, or use our CardMatch™ tool to find cards matched to your needs. There are 5 Capital One Spark business credit cards but we will be focusing on two today – the Capital One® Spark® Cash for Business and the Capital One® Spark® Miles for Business. She returned to journalism in 2010 and since then has written about everything from 20-somethings with Herculean credit scores to the Federal Reserve’s monetary policy decisions. Quicksilver’s regular APR is lower than the Capital One Platinum card too, which means lower interest charges in the event you can’t repay your outstanding balance in full. Moving on in this American Express Business Platinum vs Capital One Spark limited-time offer review, let’s talk about Capital One. Most personal items purchased are automatically insured against theft, loss or damage anywhere in the world for 120 days from the date of purchase when the full cost of the item is charged to your Capital One credit card. Capital One n’est pas responsable du code de catégorie utilisé par le marchand ni de tout code de catégorie erroné. Here's a side by side comparison of the card offerings. ©2020 Capital One. Although they sound alike, make no mistake that Capital One and Credit One offer very dissimilar credit cards. That makes this card stand out, because most reward credit cards will only offer cash back in one of those categories, not both. But here’s the thing: the two cards are actually designed to serve very different cardholder needs. Unlike some competitors, it doesn’t charge an annual fee, nor does it charge a penalty rate. Or would you rather stick to a simple, plain vanilla card you can use to improve your credit with responsible use? Auto rental insurance if you rent a car with your credit card. Considering the Platinum doesn’t have any intro APR periods, the Quicksilver wins yet again by default. Compare Credit Cards You can compare cards side-by-side, plus get info about rewards, points, interest rates, and how to apply — all in one … Its cash back program offers no-fuss, predictable rewards, and you’ll know exactly how much your benefits are worth. Earn an additional miles after spending on purchases within the first . In addition to offering unlimited 1.5 percent cash back on every purchase, the new Ink Business Unlimited card gives members a $500 cash back bonus after spending $3,000 in the first three months. To request a Capital One Platinum balance transfer, call 1 (800) 227-4825 or go online and select the balance transfer option. It has not been provided or commissioned by the credit card issuers. The Quicksilver is a clear-cut winner if uncomplicated rewards are what you’re after. Because rewards programs and 0-percent interest promotions can make overspending more enticing, a simple, no-frills credit card, such as the Platinum card, may encourage you to be more conservative with your spending. With an opportunity to extend your credit after just five on-time payments, it’s a practical card that will yield long-term benefits. The Capital One Platinum Credit Card. If your credit is excellent, you’d be better off looking for a low rate credit card, such as the U.S. Bank Visa Platinum card or PNC Bank’s Core Visa. The Capital One Venture Rewards Credit Card and its lesser known sibling the Capital One VentureOne Rewards Credit Card are both geared toward travelers.. Find tips for managing money and more from wherever you are. Capital One Platinum Credit Card. Read about topics that matter to you. The American Express Gold Card and Capital One Venture Rewards Credit Card rank as our top two travel and rewards credit cards. The only caveat: In addition to a higher minimum APR, it charges a $39 annual fee – which can significantly cut into your overall earnings. is a personal finance contributor and former staff reporter at CreditCards.com. Capital One Platinum. New cardholders are eligible to receive access to a higher credit line after making just five on-time monthly payments. Privacy Policy. With no annual fee and no foreign transaction fees, they won’t cost you anything to keep -- as long as you repay any outstanding balance you have each month. Eno is at work 24/7, looking out for charges that might surprise you and helping you fix them. Deciding which card is better for you depends on how high your credit score is and what you’re looking for in a credit card. Meet Eno ®, your Capital One Assistant. Aspire Cash™ World MasterCard® (Discontinued) Earn 50% extra cash … Citi Prestige vs. For example, if you charge around $300 a month, you’ll earn roughly $54 over the course of the year. If you’re already a Costco member, and shop inside the store and get gas there, adding this Costco Mastercard to your wallet is practically a no-brainer. The offers that appear on this site are from companies from which CreditCards.com receives compensation. Good to excellent credit, which is at least 670-850.