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Mr. Loonie
Quicksilver World Mastercard®

Quicksilver World Mastercard®

Best for: People who want cash back on groceries and gas and no fee on foreign purchases

Your spending a month
What’s in each?
Light:
Groceries $400, restaurants $100, gas $100, recurring bills $100, everything else (base rate) $250, foreign currency $50
Typical:
Groceries $800, restaurants $250, gas $250, recurring bills $250, travel $150, everything else (base rate) $650, foreign currency $150
Big:
Groceries $1,200, restaurants $500, gas $400, recurring bills $400, travel $500, everything else (base rate) $1,600, foreign currency $400
Yours:
Your own amounts, saved on this device only
Every year
$657

Ranked #57 of 176 for year one. See the list

See how we worked it out
Annual fee
None
Apply now on Capital One’s site (opens in a new tab)
Needs $50,000 personal or $80,000 household income
We may get paid if you apply through this link. It never changes our score.

Have this card?

Details from Capital One’s site. Banks can update terms at any time, so give them a quick look before you apply. Source

Is it for me? What you’d earn Can I get it? Fees Similar cards
2 quick questions

Is it for me?

Is your personal income $50,000 or more, or your household’s $80,000 or more?

Do you pay your card off in full most months?

Answer the 2 questions to see if it fits.

From the numbers

The good and the bad

Stands out

  • Good: 3% back on groceries and gas
  • Good: No annual fee It costs nothing to keep.
  • Good: No foreign transaction fee Good for travel and shopping in other currencies.

Worked out from the card’s rates and fees.

Show your work

What you’d earn

With typical spending of $2,500 a month.

  • Groceries $288
    3% back $800 a month · $288 a year
  • Restaurants $30
    1% back $250 a month · $30 a year
  • Gas $90
    3% back $250 a month · $90 a year
  • Recurring bills $30
    1% back $250 a month · $30 a year
  • Travel $18
    1% back $150 a month · $18 a year
  • Everything else $78
    1% back $650 a month · $78 a year
  • Foreign currency $18
    1% back $150 a month · $18 a year
For you Year one Later years
Cash back you earn $552 $552
Annual fee $0 $0
Foreign currency feeNo fee on $1,800 a year $0 $0
Rental car damage cover1 rental of 3 days at $35 a day $105 $105
Total $657 $657

Rows are rounded to the dollar. Insurance counts at what the same cover costs on its own, and only pays when you charge the trip, rental or phone to the card.

What counts in each category
Groceries
3% back
Gas
3% back Including EV charging
Everything else (base rate)
1% back

These are example budgets to compare cards side by side, not averages. Your own spending will give a different number.

Checked on Nov 8, 2026. Source

Before you apply

Can I get it?

  • Age 18 or older 19 or older in BC, NB, NL, NS and the territories
  • Where you live Canada
  • Personal income $50,000 or more Issuer says
  • Household income $80,000 or more Issuer says
  • Credit score No minimum on record Most banks don’t publish one, and we don’t guess.

Checked on Nov 8, 2026. Source

Mr. Loonie’s tip Each application shows up on your credit file. Leave a few months between card applications.

What critics say

Other reviewers on this card

  • Rewards Canada (opens in a new tab) Oct 2026

    “Taking the Canadian market by storm, the Capital One Quicksilver World Mastercard is a strong rewards card with unlimted 1% to 3% cash back earn rates, no annual fees and no FX fees - along with some insurance benefits. If you want a no strings attached no fee, no FX fee card - then look no further than this card or the World Elite version if you meet the income requirements for the latter card.”

What cardholders say

Ratings from people with this card

No ratings yet. If you have this card, tell others what it’s like.

Applied and weren’t approved?

Insurance and perks

What comes with it

  • Car rental damage Included
  • Extended warranty Included
  • Purchase protection Included
  • Price protection Included
  • Travel accident Included
  • Flight delay Included
  • Baggage delay Included
  • Lost baggage Included
  • Emergency card replacement
  • Emergency cash advance
  • Flight Delay Insurance
  • Baggage Delay Insurance
  • Lost Baggage Insurance
Coverage limits

We haven’t recorded the coverage limits for this card yet. Read Capital One’s insurance certificate before you count on any coverage.

Not included

Not listed for this card: travel medical, trip cancellation, trip interruption and mobile device.

Fees and interest

What it costs

Annual fee
None
Purchase interest
21.9%
Cash advance interest
21.9%
Foreign currency fee
None
All fees and rates

Fees

Source
Issuer page

Interest rates

Balance transfer interest
21.9%

Read the card terms and conditions for the full terms.

Checked on Nov 8, 2026. Source

Before you decide

Similar cards for the same spending

With typical spending. This card: $657 year one, $657 every year after.

See all cards ranked for your spending

Some of these links pay us when you apply, at no extra cost to you. Most don’t, and pay never changes our score. How we make money

Common questions

Questions people ask

What is the annual fee on the Quicksilver World Mastercard®?

There is no annual fee.

What income do I need?

Capital One asks for $50,000 in personal income.

Does it charge a foreign transaction fee?

No. Purchases in other currencies have no extra fee.

What is the interest rate?

21.9% on purchases. Cash advances are 21.9%.

Does it include insurance?

It lists extended warranty, purchase protection, price protection and flight delay insurance. Read the insurance certificate for the limits.

Rates, fees and offers come from the card issuers and change often. We work to keep this page accurate and current, but it may contain mistakes, so always check the issuer’s terms before you apply. This page is general information and isn’t financial advice.

Spot something wrong? We’ll check it with the bank. Suggest a correction

Card names, logos and trademarks belong to their owners. No issuer wrote, paid for or approved what we say about this card. Our scores and opinions are our own.

Mr. Loonie is independent and supported by affiliate links. We may earn a commission when you apply through some links, at no cost to you. How we make money

$657
a year for you
Apply now on Capital One’s site (opens in a new tab)
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