Blue Cash Preferred® Card From American Express
vs. Capital One QuicksilverOne Cash Rewards Credit Card

Both the Blue Cash Preferred® Card From American Express and the Capital One QuicksilverOne Cash Rewards Credit Card entice with cash back rewards, but they cater to different credit ranges. If you have good to excellent credit, the Blue Cash Preferred stands out with its high cash back rates on supermarket and streaming purchases.

But the Capital One QuicksilverOne is still solid, especially if you have fair to good credit, offering the simplicity of flat-rate cash back on all purchases and the potential for a higher credit line. While the Blue Cash Preferred may have an edge with its rewards, the QuicksilverOne's accessibility makes it a worthy contender.

You might prefer the Blue Cash Preferred if you're a frequent shopper at U.S. supermarkets and streaming services. The card's high cash back rates in these categories can significantly offset the annual fee after the first year. Plus, the introductory APR offers and additional benefits like the Disney Bundle Credit can be valuable if you can take full advantage of them.

You might prefer the QuicksilverOne if you value simplicity and a consistent rewards rate across all purchases. With a lower annual fee and the potential for a higher credit line after six months, this card is solid if you have fair to good credit and want to earn cash back without tracking spending categories.

Evaluating features like APRs, fees, credit requirements, rewards and introductory offers will clarify which card is for you. For instance, if you spend heavily on groceries, the Blue Cash Preferred may offer more value despite its annual fee, while the QuicksilverOne could be a better fit if you have a lower credit score and seek flat-rate cash back.

The Blue Cash Preferred leads if you spend a lot on groceries and streaming services, with an impressive 6% cash back in these categories. It also offers a solid 3% back at gas stations and on transit, which can add up quickly for commuters.

On the other hand, the QuicksilverOne offers a flat 1.5% cash back on all purchases, making it a straightforward choice if you prefer simplicity over category bonuses. It does shine with 5% back on hotels and rental cars booked through Capital One Travel, appealing to frequent travelers who book through this portal.

The table shows a visual comparison of the rewards programs offered by both cards.

The Blue Cash Preferred allows you to apply rewards as a statement credit or use them directly at Amazon.com checkout, offering a straightforward way to reduce your balance or save on purchases. Notably, these rewards do not expire, ensuring you can use them at your convenience.

The QuicksilverOne also offers non-expiring rewards, with the added flexibility of redeeming cash back in any amount. This means you're not restricted by minimum redemption thresholds and can access your earned cash back whenever you need it.

MoneyGeek analyzes credit cards like Blue Cash Preferred and QuicksilverOne using a scoring system that reflects their performance in various use cases. This approach ensures that the score reflects the card's performance in the scenario where it provides the most value.

For cash back cards, the primary factors we consider are the effective reward rate and the return on investment for offers. These elements — along with annual fees, introductory purchase rates and issuer satisfaction — contribute to a card's overall score.

For rates and fees of the Blue Cash Preferred® Card From American Express, please click here.