Capital One Quicksilver Secured Cash Rewards Credit Card review

Quicksilver Secured is the simplest rewards option for people who already have some credit history and want to repair it. Capital One pays unlimited 1.5% cash back on every purchase, with no categories to choose and no minimum to redeem: you can take a check, a statement credit, cover a recent purchase or buy gift cards. The account opens after a $200 minimum refundable deposit, which gives an initial credit line of at least $200, and you can deposit more before activating the card up to a maximum limit of $1,000 to $3,000 set at approval. There is no annual fee, no foreign transaction fee, no replacement card fee and no authorized user fee. With on-time payments you could earn the deposit back and move to an unsecured Quicksilver card. The trade-offs are a 29.24% variable purchase APR and Capital One's own fair credit label, which means applicants with very thin or damaged files may do better with Platinum Secured.

Who it is for

rebuilders who want flat cash back with nothing to activate

Price

$0 annual fee; $200 minimum refundable deposit.

Annual Fee $0
Quoted from the vendor pricing page on November 11, 2026.

Key features

• Unlimited 1.5% cash back on every purchase
• $200 minimum deposit opens a credit line of at least $200
• Maximum credit limit of $1,000 to $3,000 assigned at approval
• No foreign transaction, replacement card or authorized user fees
• Responsible use can earn the deposit back and an upgrade to an unsecured Quicksilver card

Strengths and weaknesses

• Strength: Flat 1.5% on everything with no categories
• Strength: No foreign transaction fees
• Strength: Cash back can be redeemed for any amount at any time
• Weakness: $200 minimum deposit is higher than Platinum Secured and Discover it Secured for some applicants
• Weakness: 29.24% variable purchase APR
• Weakness: Capital One lists it for fair credit, so it is not the easiest approval on its own lineup

Key facts

• Annual fee: $0
• Minimum deposit: $200
• Rewards: Unlimited 1.5% cash back
• Purchase APR: 29.24% variable
• Foreign transaction fee: None

Where it ranks

Capital One Quicksilver Secured Cash Rewards Credit Card is No. 2 in our Best Secured Credit Cards verdict.