Is the Capital One QuicksilverOne Cash Rewards Worth the $39 Annual Fee?
On rewards alone, the Capital One QuicksilverOne Cash Rewards never out-earns the no-fee Alliant Cashback Visa® Signature Card — its $39 fee has to be justified by credits and perks, not the earn rates.
Rates verified 2026-05-12.
Method: we compare what the Capital One QuicksilverOne Cash Rewards earns against the best no-annual-fee card in the same category — the Alliant Cashback Visa® Signature Card — because the alternative to paying a fee is not earning nothing, it is a good free card. Full methodology.
Three spending levels
| Profile | Capital One QuicksilverOne Cash Rewards | Alliant Cashback Visa® Signature Card | After the $39 fee |
|---|---|---|---|
| Light spender ($1,200/mo) | $216/yr | $360/yr | −$183 behind |
| Typical spender ($2,400/mo) | $432/yr | $720/yr | −$327 behind |
| Heavy spender ($4,500/mo) | $810/yr | $1,350/yr | −$579 behind |
The breakeven curve
| Monthly spend | Margin vs. Alliant Cashback Visa® Signature Card (after fee) | Verdict |
|---|---|---|
| $500 | −$99 | keep the free card |
| $1,000 | −$159 | keep the free card |
| $1,500 | −$219 | keep the free card |
| $2,400 | −$327 | keep the free card |
| $3,500 | −$459 | keep the free card |
| $5,000 | −$639 | keep the free card |
| $7,500 | −$939 | keep the free card |