PenFed Power Cash Rewards Visa Signature® Card
vs. Capital One Quicksilver Cash Rewards Credit Card

Both the PenFed Power Cash Rewards Visa Signature® Card and the Capital One Quicksilver Cash Rewards Credit Card offer appealing cash back rewards and no annual fees. The Capital One Quicksilver edges ahead with its higher cash back rate on all purchases and a lower required spend for its welcome bonus. It requires a credit score range of 670 to 850 (good to excellent).

Still a strong contender, the PenFed Power Cash Rewards card has a higher rewards tier for qualified cardholders. It also requires a good to excellent credit score.

You might prefer the PenFed Power Cash Rewards if you are looking for a card with a potentially lower non-variable APR after the introductory period. It offers a lower welcome bonus and could be a good fit if you're already a PenFed member or are willing to become one. Consider this card if you're interested in straightforward cash back rewards without worrying about variable rates.

You might prefer the Quicksilver card if you value a higher cash back rate on all purchases and a generous welcome bonus with a lower spending threshold. Its 0% introductory APR on both purchases and balance transfers for 15 months can be particularly appealing if you plan to make a large purchase or transfer balances from other cards.

Evaluating APRs, fees, credit requirements, rewards and introductory offers will clarify which card aligns with your financial needs. For example, the Quicksilver's longer 0% APR period may be advantageous if you plan to carry a balance. If you're a PenFed member, the Power Cash Rewards' higher cash back rate could yield more savings.

The PenFed Power Cash Rewards card provides a solid 1.5% back on all purchases, but PenFed Honors Advantage Members earn 2% on everything, which is a notable advantage for eligible members.

The Quicksilver card also offers 1.5% cash back on all purchases, with an added perk of 5% cash back on travel booked through Capital One. This makes it a strong contender for those who travel and prefer straightforward rewards.

The table below details the bonus categories for each card, allowing you to compare and decide which card best aligns with your spending habits.

PenFed Power Cash Rewards provides a straightforward cash back system without caps or limits. Rewards do not expire, ensuring your earnings remain available for use as long as your account is active.

Quicksilver offers a flexible redemption program, allowing you to redeem rewards for statement credits, checks or gift cards. No minimum amount is required, and you can opt for automatic redemption. Similarly, your rewards won't expire as long as your account remains open.

MoneyGeek evaluates credit cards like PenFed Power Cash Rewards and Quicksilver by assigning scores for various use cases, such as cash back, which is the highest scoring use case for both cards.

The evaluation considers factors like the effective reward rate and the return on investment for offers. Other considerations include annual fees, introductory purchase offers and issuer satisfaction. For a detailed understanding of our scoring system, you can review our ranking methodology.