Capital One Quicksilver vs Bank of America Premium Rewards: Which Is Better In 2026?

Bank of America® Premium Rewards® Breakdown

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Why We Like It

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Here’s a closer look at why we’re fans of the Bank of America® Premium Rewards® Credit Card.

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• The card features a simple yet powerful rewards structure with bonus points on travel and dining purchases.
• Valuable annual credits for airline incidentals and security screening programs can help offset the annual fee.
• Existing Bank of America customers can unlock significantly higher earning rates through the Preferred Rewards program.

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Pros

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• You’ll earn bonus points on a wide definition of travel and dining, including purchases like rideshares, food delivery, and tourist attractions.
• Redeeming rewards is refreshingly simple, with several flexible options like cash back or statement credits without complex transfer rules.
• The card comes with a comprehensive set of travel protections, including coverage for trip delays, cancellations, and lost luggage.

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Cons

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• Points can’t be transferred to airline or hotel loyalty programs, which can limit redemption options for seasoned travelers.
• The card lacks premium travel perks like airport lounge access, a common feature on other travel cards.
• To unlock the card’s highest earning potential, you need to be an existing Bank of America customer with a qualifying account balance.

Bank of America® Premium Rewards® vs Capital One Quicksilver Cash Rewards

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Categories

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When deciding which is better, Capital One Quicksilver or Bank of America Premium Rewards, it's important to understand their core strengths. Each card caters to a different type of spender, with one focusing on straightforward cash back and the other on travel-related perks.

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• Capital One Quicksilver Cash Rewards Credit Card: This card is best for consumers who want a simple, flat-rate cash back card for everyday spending. It's ideal for those who prefer not to track different spending categories.
• Bank of America® Premium Rewards® Credit Card: This card is designed for frequent travelers and everyday spenders who want strong rewards. It's particularly beneficial for existing Bank of America customers who can unlock enhanced earnings.

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Redemption

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Capital One Quicksilver Cash Rewards Credit Card: Redeeming your cash back is straightforward, with flexible options that include a statement credit or a check.

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Bank of America® Premium Rewards® Credit Card: This card provides a variety of redemption choices, such as statement credits, travel rewards, or deposits into an eligible Bank of America account.

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Compare Top Rated Credit Cards with Kudos

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To make the right choice, a tool like Kudos can help you compare top-rated cards based on your own spending habits.

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• Test drive credit cards using your real spending data to see potential earnings before you apply, without impacting your credit score.
• Receive a detailed analysis of your approval odds for various cards based on your credit report.
• Earn Kudos Boost rewards when shopping at your favorite stores, which stack on top of your existing credit card rewards.
• Get a welcome offer guarantee, where Kudos will match a better public offer if you find one within three months of approval.
• Use the autofill feature at checkout to ensure you're always using the best card to maximize rewards for every purchase.

Who Should Choose the Capital One Quicksilver Cash Rewards?

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The Capital One Quicksilver Cash Rewards Credit Card is an excellent choice for the straightforward spender who wants to earn a flat cash back rate on every purchase without hassle. This card is ideal for individuals who prefer not to track rotating bonus categories or juggle multiple cards to maximize their earnings. Additionally, it's a strong contender for frequent travelers, thanks to its lack of foreign transaction fees, and for Uber users who can take advantage of the complimentary Uber One membership.

Who Should Choose the Bank of America® Premium Rewards®?

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The Bank of America® Premium Rewards® card is an excellent fit for moderate travelers and everyday spenders who want a solid rewards structure without a high annual fee. It's particularly valuable for existing Bank of America clients, as those enrolled in the Preferred Rewards program can earn a bonus of 25% to 75% on every purchase. Ultimately, this card appeals to individuals who value simplicity and flexibility, offering straightforward redemptions where every point holds a consistent cash-back value.

Alternatives to Consider

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If you've reviewed the Capital One Quicksilver vs. Bank of America® Premium Rewards comparison and found both options lacking, you're not out of luck. The credit card landscape offers a variety of alternatives that might be a better match for your spending patterns and reward preferences.

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_{Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by Amex Assurance Company.}

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Tips for Application Success

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Before You Apply

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• Check your credit score – Most rewards cards require a good to excellent credit history for approval.
• Plan your spending – Ensure you can naturally meet any minimum spend requirement for a welcome offer.
• Know the rewards system – Decide if you prefer simple cash back or a more complex travel points ecosystem.

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Application Strategy

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• Leverage existing relationships – Having a history with a bank can sometimes improve your approval odds.
• Be strategic with offers – Don’t be afraid to decline a subpar offer if the application process allows it without a hard credit inquiry.
• Align the card with your spending – Choose a card that rewards your habits, whether it’s a flat-rate card like the Capital One Quicksilver or one with category bonuses.

Our Methodology

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We evaluate nearly 3,000 credit cards across the U.S. market — far more than the ~150 cards commonly featured on sites that focus only on products tied to affiliate commissions. Our goal is to provide a comprehensive, unbiased view of the credit card landscape so you can make confident, data-driven decisions.

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Our editorial team combines deep industry experience with rigorous verification standards. While our experts surface the most relevant recommendations in our guides, you can also explore the full dataset yourself through our card explorer tool, which includes thousands of cards — more than 95% of which do not provide us with commissions.

Frequently Asked Questions

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What credit score is needed for the Capital One Quicksilver and Bank of America Premium Rewards cards?

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While specific credit score requirements are not published, both cards generally require a good to excellent credit score, typically 670 or higher. Your approval odds also depend on other factors like your income and existing debt.

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Can I have both the Capital One Quicksilver and Bank of America Premium Rewards card?

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Yes, you can absolutely hold both cards simultaneously, as they are issued by different banks. This can be a good strategy to maximize rewards across different spending categories.

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How do I redeem rewards on each card?

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Capital One Quicksilver rewards can be redeemed for cash back as a statement credit or check, while Bank of America Premium Rewards points can be redeemed for travel, cash back, or gift cards through the Bank of America Travel Center.

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