That means with respect to your return on purchases, the Platinum card falls short of not only the Quicksilver card, but also other cards in its own class. A lack of rewards is also common among credit cards for fair credit, but not universal, as several competing card products offer cash-back rates of 1% or higher. The Capital One Platinum also has a simple, consistent rewards structure: It doesn't earn points, miles, or cash back of any kind for ongoing spending. Your rewards won't expire so long as your account remains open and in good standing, so you can save them up or cash them out as frequently as you'd like.

You can redeem rewards as a statement credit to your card account (among other options) with no minimum redemption threshold. You'll earn 5% cash back on hotels and car rentals booked through the Capital One travel portal, plus unlimited 1.5% cash back on all other purchases. The Quicksilver Cash Rewards Card has a simple, consistent rewards structure. The lack of a welcome bonus is just one of several ways the Platinum card fails to measure up to the Quicksilver card. This is common among credit cards for average or fair credit, though some cards in that class still come with incentives to apply (like an introductory 0% APR or cash back match).

In comparison, the Capital One Platinum does not offer a welcome bonus. The Quicksilver Cash Rewards Card offers a one-time $200 cash bonus once you spend $500 on purchases within three months of account opening. Plenty of credit cards come with more s ubstantial sign-up bonuses, but the Quicksilver welcome offer is on par with what you'll get from other top no-annual-fee credit cards. The contrast between these two cards is apparent from the outset due to their disparate welcome bonuses. Read Our Review A looong arrow, pointing right

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