Costco Anywhere Visa® Card by Citi
vs. Capital One QuicksilverOne Cash Rewards Credit Card

Both the Costco Anywhere Visa Card by Citi and the Capital One QuicksilverOne Cash Rewards Credit Card offer enticing cash back rewards, with no foreign transaction fees. The Costco Anywhere Visa edges out slightly with its higher cash back rates on gas, travel and dining, and no annual fee with a paid Costco membership. It's particularly beneficial for those who frequently shop at Costco.

The Capital One QuicksilverOne, with its lower credit score requirement, is more accessible and offers a flat cash back rate on all purchases, which is simple and straightforward. While the Costco card may be the better option for Costco loyalists, the QuicksilverOne shouldn't be overlooked by those who value ease of use and broader acceptance.

You might prefer the Costco Anywhere if you're a frequent Costco shopper and spend a lot on gas, dining and travel. This card maximizes rewards in these categories and offers benefits for Costco members, including no annual fee with your Costco membership and no foreign transaction fees.

You might prefer the QuicksilverOne if you value simplicity in your rewards and have fair to good credit. With a flat cash back rate on all purchases and the potential for a higher credit line after six months, this card is a solid option for those looking to build credit while earning rewards on everyday spending.

Evaluating the Costco Anywhere and QuicksilverOne cards across APRs, fees, credit requirements, rewards and other features will guide you to the right choice. This section breaks down each aspect, such as the Costco Anywhere's higher cash back on specific categories versus QuicksilverOne's flat-rate rewards, helping you decide which card suits your spending patterns and financial goals.

When it comes to rewards, the Costco Anywhere card stands out for those who frequent Costco or spend significantly on gas, dining and travel. With up to 4% cash back in these categories, it's tailored for the Costco loyalist.

However, the QuicksilverOne card offers a solid 1.5% cash back on all purchases, which is ideal for those with varied spending who prefer simplicity over category-specific bonuses. QuicksilverOne users benefit from 5% cash back on hotels and rental cars booked through Capital One Travel, a notable perk for frequent travelers.

While the Costco Anywhere card does not charge an annual fee with a paid Costco membership, it's important to consider the membership cost when evaluating the overall value. The QuicksilverOne card has a $39 annual fee, which could be offset by the cash back earned through its rewards program.

Below is a table of bonus categories to help you compare the rewards programs of both cards.

QuicksilverOne offers straightforward redemption; cash back can be used at any time since it doesn't expire. In contrast, the Costco Anywhere card issues an annual reward certificate, redeemable for merchandise or cash at Costco warehouses. This certificate must be used by December 31 of the year it's issued, adding a layer of scheduling to your redemption process.

MoneyGeek evaluates credit cards like the Costco Anywhere and QuicksilverOne for various use cases, including cash back, which is where both cards score highest. Our ranking process assigns scores based on factors such as the value of rewards and the return on investment for card offers.

The largest factors in our cash back score include the effective reward rate, which carries the most weight, and the return on investment for offers. For a detailed understanding of our scoring system, you can review our ranking methodology.