The Capital One Quicksilver Secured Cash Rewards Credit Card is a different type of credit card than most unsecured credit cards. Because the Quicksilver Rewards credit card is a secured deposit, you simply pay a minimum of $200 upfront and then you receive a line of credit in that amount.
As you make payments, your credit score improves, and Capital One will monitor that for you with automatic credit lines. On top of that, you can earn 1.5% cashback on all purchases. There is no annual or transaction fee, but the APR is quite high, given that it is a card meant for those with poor credit.
To get started, you can complete the pre-approval period without impacting your credit to see if the Quicksilver Secured Rewards card is right for you.
- Accepts bad credit
- No expiration for rewards
- Helps with credit-building
No bonus offer