Capital One Quicksilver Rewards for Good Credit vs SoFi Credit Card 2023
In head-to-head competition, which of these rewards credit cards wins out? Here’s what each has to offer and how they fare when put to the ultimate test — the cash back you’ll earn for using them.
Capital One Quicksilver Rewards for Good Credit
Earn unlimited 1.5% cash back on every purchase, and 5% cashback on hotels and rental cars booked through Capital One Travel . Requires “good credit” (as in no late payments in the past year or defaults in the past five) to qualify, according to Capital One.
SoFi Credit Card
Earn 2 reward points for every dollar spent on eligible purchases. Redeem points at a rate of 1 cent per point if you elect to redeem as cash deposited into your SoFi Money account, as fractional shares into your SoFi Invest account, as cryptocurrency into your SoFi Active Invest account, or as a payment toward your SoFi Personal or Student Loan. Points redeem at a rate of 0.5 cents per point if you elect to redeem them as a statement credit into your SoFi Credit Card account.