Offers
Welcome Offer
Earn unlimited 2x cash back in your first year:
- As a new cardholder, you’ll get an unlimited dollar-for-dollar match of all the cash back you earned at the end of your first year. That works out to 6% / 6% / 2% in your first year.1
Cash back match is calculated at the end of your first 365 days and credited within 2 billing periods.
Earning Cash Back
The Capital One Quicksilver World Elite Mastercard® earns cash back for all purchases made on the card:
- 3% cash back at eligible grocery stores (excluding superstores like Walmart and Costco)
- 3% at eligible gas stations and EV charging stations
- 1% on all other purchases
Cash back earnings are unlimited and uncapped.
Redeeming Cash Back
You can redeem cash back rewards on the Capital One Quicksilver World Elite Mastercard® as a statement credit through online banking, the Capital One mobile app, or by calling customer service.
- Mobile App: Sign in to the app, tap More, select Rewards, choose Cash back, enter your desired redemption amount, and tap Continue and Redeem.
- Online Banking: Sign in to your account, select View Account, go to Explore Rewards, select Redeem for Cash, and enter the amount you want to redeem.
Each $1 of cash back rewards takes $1 off your card balance. Statement credits usually post within 2 to 3 business days. Note that a statement credit lowers your overall card balance, but it does not count toward your minimum monthly payment obligations, if applicable.
Cash back rewards never expire while your account is open.
Benefits
No Foreign Transaction Fees
The Capital One Quicksilver World Elite Mastercard® offers no foreign exchange fees when making purchases in other currencies, saving cardholders 2.5% on every transaction that is made in a currency other than Canadian dollars. Cardholders will pay only the exchange rate when completing foreign currency transactions.
This makes the Capital One Quicksilver World Elite Mastercard® a great card to use when traveling abroad since saving 2.5% on every foreign currency transaction can add up quickly.
Fees & Eligibility
| Personal Income | $80,000 |
| Household Income | $150,000 |
| Annual Fee | $0 |
| Foreign Exchange Fee | 0.00% |
| Purchase Rate | 20.90% |
| Cash Advance Rate | 20.90% |
| Balance Transfer Rate | 20.90% |
Insurance Coverage
The Capital One Quicksilver World Elite Mastercard® offers several insurance coverages:
- Common Carrier Travel Accident Insurance: You, your spouse, and dependent children are insured for up to $500,000 per person to a maximum of $1,500,000 for all persons
- Flight Delay Insurance: For delays of four hours or more, reimbursement of up to $250 per 24 hours (maximum of 48 hours and $1,000 per trip) for emergency expenses
- Baggage Delay Insurance: For delays of four hours or more, reimbursement of up to $100 per day for three days for emergency essential items
- Lost Baggage Insurance: For permanently lost or stolen property, reimbursement of up to $1,000 per trip
- Car Rental Collision/Loss Damage Insurance (up to consecutive 31 days, $65,000 MSRP)
- Purchase Assurance: Coverage for loss, theft or damage for 90 days from purchase or delivery date
- Extended Warranty: Doubles the original manufacturer’s warranty by up to 1 additional year
- Price Protection Service: For items discounted within 30 days of purchase, get refunded the different up to $100 per item and $500 per year
The card doesn’t include travel medical, trip cancellation, or trip interruption insurance. Refer to the Capital One Quicksilver World Elite Mastercard® insurance certificate for full details, including terms and conditions for eligibility.
Legal
Terms and conditions apply. For full and up-to-date product information and applicable terms and conditions, visit capitalone.ca.
Disclaimer: these responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.