If you're looking for a no-annual-fee card with introductory 0% APR offers, you may be considering the Capital One Quicksilver Cash Rewards Credit Card and the Wells Fargo Reflect Card. The Capital One Quicksilver is the better choice for cash back rewards, offering a $200 cash bonus after a $500 spend in three months and 1.5% back on everyday spending. In contrast, the Wells Fargo Reflect is superior for those needing a longer time for interest-free purchases or balance transfers, with a 21-month 0% APR introductory period. Your choice depends on whether you value rewards or a longer interest-free period more.
Capital One Quicksilver Cash Rewards Credit Card
vs. Wells Fargo Reflect® Card
Updated: November 4, 2024
Advertising & Editorial Disclosure
MoneyGeek partners with leading industry experts and advertisers to help you get to your financial happy place. Our content is accurate when posted but offers may change over time. We may receive compensation for partner advertisements, but our editorial team independently reviews and ranks products. Learn more about our editorial policies.
Capital One Quicksilver Cash Rewards Credit Card
Wells Fargo Reflect® Card
MoneyGeek Rating
5/ of 5
On Issuer's Site
On Issuer's Site
Capital One Quicksilver Cash Rewards Credit Card vs. Wells Fargo Reflect® Card: Which Is Better for You?
You might prefer the Capital One Quicksilver Cash Rewards Credit Card if: you're looking for a card that not only has a 0% APR intro offer but also rewards you for every purchase. With this card, you can earn 1.5% cash back on all purchases. This card is particularly appealing if you value straightforward rewards.
You might prefer the Wells Fargo Reflect Card if: your primary goal is to minimize interest on existing debt. This card stands out with its 0% intro APR for 21 months from account opening on purchases and balance transfers, which is one of the longest introductory periods available. While it doesn't offer rewards or cash back, it can be a powerful tool for managing debt and avoiding interest charges during its lengthy intro period.
MoneyGeek's Take on the Capital One Quicksilver Cash Rewards Credit Card
The Capital One Quicksilver Cash Rewards Credit Card receives a MoneyGeek rating of 3.7 out of 5 for balance transfers, indicating a solid option for those looking to manage existing debt. With no annual fee and an unlimited 1.5% cash back on every purchase, this card is well-suited for individuals who value simplicity and consistent rewards. Additionally, the card offers a 0% introductory APR for 15 months on both purchases and balance transfers, providing a window for large purchases or to pay down balances without accruing interest.
Capital One Quicksilver Cash Rewards Credit Card
MoneyGeek Rating
5/ of 5
On Issuer's Site
Regular APR
19.74% - 29.74% variable0% APR Offer
0% for 15 months on purchasesBalance Transfer Offer
0% for 15 months on balance transfersRewards Summary
Earn unlimited 1.5% cash backEarn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options. Terms apply Earn unlimited 1.5% cash back on every purchase, every day
Recommended Credit
670-850 (Good to Excellent)Moneygeek.com credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.
MoneyGeek's Take on the Wells Fargo Reflect® Card
The Wells Fargo Reflect Card earns a top MoneyGeek balance transfer score of 5.0, reflecting its standout feature: an extended 0% intro APR for 21 months on both purchases and balance transfers. With no annual fee, this card is a solid choice for individuals planning to finance large purchases or transfer existing balances from other credit cards. However, it's worth noting that the card does not offer rewards or cash back, making it less suitable for those seeking to earn points or cash rewards on their spending. The card's long introductory period can provide substantial savings on interest, which can be particularly beneficial for those with a clear repayment plan in place.
Wells Fargo Reflect® Card
On Issuer's Site
Regular APR
17.49%, 23.99%, or 29.24% variable0% APR Offer
0% for 21 months on purchasesBalance Transfer Offer
0% for 21 months on balance transfersRewards Summary
N/AThis card doesn't offer cash back, miles, or points
Recommended Credit
670-850 (Good to Excellent)Moneygeek.com credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.
Details Comparison: Capital One Quicksilver Cash Rewards Credit Card vs. Wells Fargo Reflect® Card
Our breakdown will help you compare APRs, fees, required credit, rewards, introductory offers and other features. For instance, if you're planning a big purchase, the longer 0% APR period on the Wells Fargo Reflect card might be appealing. On the other hand, if you're looking for ongoing rewards, the Capital One Quicksilver Cash Rewards credit card offers cash back on every purchase. Use this section to match your financial habits with the card that best meets your needs.
Regular APR
The Wells Fargo Reflect® Card offers a potentially lower APR starting at 18.24%, compared to the Capital One Quicksilver Cash Rewards Credit Card's APR range of 19.99% to 29.99% variable.
Annual Fee
Both the Capital One Quicksilver Cash Rewards Credit Card and the Wells Fargo Reflect® Card have a $0 annual fee. This makes them equally appealing for users looking to avoid yearly charges.
Introductory 0% APRs
The Wells Fargo Reflect® Card is better for those seeking a longer introductory 0% APR period, offering 0% for 21 months on both purchases and balance transfers, compared to the Capital One Quicksilver Cash Rewards Credit Card's 15 months.
Rewards
For rewards, the Capital One Quicksilver Cash Rewards Credit Card is the clear winner, offering unlimited 5% cash back on hotels and rental cars booked through Capital One Travel, and 1.5% cash back on all other purchases. In contrast, the Wells Fargo Reflect® Card does not provide any rewards on purchases. For those prioritizing cash back, the Capital One Quicksilver Cash Rewards Credit Card is the better choice. Explore more options with our best cash back credit cards.
Welcome Offers
The Capital One Quicksilver Cash Rewards Credit Card is better for welcome offers, offering a $200 cash bonus after spending $500 within 3 months of account opening. The Wells Fargo Reflect® Card does not offer a welcome bonus.
Recommended Credit Score
Both the Capital One Quicksilver Cash Rewards Credit Card and the Wells Fargo Reflect Card recommend a credit score range of 670 to 850 (good to excellent). This means neither card has an advantage based on the recommended credit score alone, as both are accessible to individuals with similar credit profiles.
Penalties and Fees
For penalties and fees, the Capital One Quicksilver Cash Rewards Credit Card is slightly better due to its lower minimum cash advance fee. Both cards charge up to $40 for late payments and do not apply a penalty APR. However, the cash advance fee for Capital One is 5% of the amount or $5 minimum, whereas Wells Fargo charges 5% or $10 minimum.
Issuer Satisfaction
Capital One has a higher issuer satisfaction rating at 4.2 compared to Wells Fargo Bank's rating of 4. This makes the Capital One Quicksilver Cash Rewards Credit Card better for issuer satisfaction.
Other Features & Perks
The Capital One Quicksilver Cash Rewards Credit Card offers a one-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening, making it better for those seeking immediate cashback perks. The Wells Fargo Reflect® Card, while offering a lengthy introductory APR, does not provide a direct perk comparable to the cash bonus.
FAQ: Capital One Quicksilver Cash Rewards Credit Card vs. Wells Fargo Reflect® Card
What are the main differences in rewards between the Capital One Quicksilver Cash Rewards and Wells Fargo Reflect Card?
The Capital One Quicksilver offers cash back rewards, while the Wells Fargo Reflect Card does not offer rewards.
How do the introductory APR offers for purchases compare between the two cards?
The Wells Fargo Reflect Card offers a longer 0% APR period for purchases at 21 months, compared to 15 months with the Capital One Quicksilver. Discover more about zero interest cards.
Are there foreign transaction fees associated with either card?
The Capital One Quicksilver has no foreign transaction fees, while the Wells Fargo Reflect Card charges 3%.
What credit score is needed for the Capital One Quicksilver Cash Rewards vs. Wells Fargo Reflect Card?
Both cards recommend a credit score range of 670 to 850. Understand the importance of credit scores.
Which card offers better terms for balance transfers?
The Wells Fargo Reflect Card has a higher balance transfer offer rating and a longer 0% APR period, which may provide better terms. You can find more details on balance transfer cards.
About Doug Milnes, CFA
Doug Milnes is a CFA charter holder with over 10 years of experience in corporate finance and the Head of Credit Cards at MoneyGeek. Formerly, he performed valuations for Duff and Phelps and financial planning and analysis for various companies. His analysis has been cited by U.S. News and World Report, The Hill, the Los Angeles Times, The New York Times and many other outlets.
Milnes holds a master’s degree in data science from Northwestern University. He geeks out on helping people feel on top of their credit card use, from managing debt to optimizing rewards.
*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, credit card issuer, hotel, airline, or other entity. Learn more about our editorial policies and expert editorial team.
Advertiser Disclosure: MoneyGeek has partnered with CardRatings.com and CreditCards.com for our coverage of credit card products. MoneyGeek, CardRatings and CreditCards.com may receive a commission from card issuers. To ensure thorough comparisons and reviews, MoneyGeek features products from both paid partners and unaffiliated card issuers that are not paid partners.
Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, credit card issuer, hotel, airline, or other entity. Learn more about our editorial policies and expert editorial team.
Advertiser Disclosure: MoneyGeek has partnered with CardRatings.com and CreditCards.com for our coverage of credit card products. MoneyGeek, CardRatings and CreditCards.com may receive a commission from card issuers. To ensure thorough comparisons and reviews, MoneyGeek features products from both paid partners and unaffiliated card issuers that are not paid partners.