If you choose the best cash back credit card, the percentage you get back often outweighs the other features. For example, very few people would tell you that 1.5% cash back would be better than 2%. Why make $1.50, they would say, on every $100 spent, when you could make $2?

Of course, I’m all for more cash back. But I also know that cash back isn’t everything. That’s why I wouldn’t discredit the Capital One Quicksilver Cash Rewards Credit Card, which earns 1.5% cash back on all purchases, compared to credit cards that earn 2% back (see rates and fees). Here’s why.

1. No foreign transaction fees

The Capital One Quicksilver has No foreign transaction fees. Rest assured, you can use this credit card abroad without having to pay additional fees with each purchase.

For travelers, this might be reason enough to opt for the Capital One Quicksilver. Unlike many 2% cash back credit cards, which charge a 3% foreign transaction fee on foreign purchases, you’ll get 1.5% cash back abroad without paying additional fees. This will save you money, more than 2% credit cards could offer you.

That said, the Capital One Quicksilver is not the only credit card with no foreign transaction fees. In fact, it might not even be the best choice for you. Click here for our full list of the best credit cards that don’t charge foreign transaction fees. to maximize savings and cash back.

2. Get a free Uber One subscription

The Capital One Quicksilver is currently offering cardholders a free Uber One membership until November 14, 2024. As a cardholder, Uber One membership fees will be refunded to your card until this date. If you use Uber One frequently, this could save you $9.99 per month.

3. You don’t have to wait to receive cash back

The great thing about Capital One Quicksilver is that cash back is available to you shortly after you make purchases. Once the charge has passed the pending stage, the appropriate amount of cash back is deposited into your account.

Other cash back credit cards don’t offer this luxury. Many require you to wait until the end of a statement cycle to use your cash back. This deferral may seem harmless, but in times of higher inflation, it could devalue your income. If, like me, you follow a “earn and burn” strategy – using your cash back as soon as possible – then the Capital One Quicksilver might be the way to go.

On the other hand, if this doesn’t concern you, earning 2% cash back is mathematically better than 1.5%. To put things into perspective, you’ll earn $20 for every $1,000 spent on a 2% credit card, compared to $15 on the Capital One Quicksilver. Although it doesn’t seem like much, it can add up over time.

Take, for example, the Wells Fargo Active Cash® Card. This no-fee credit card earns unlimited 2% back on all eligible purchases. Click here to learn more about the benefits of this cardincluding a chance to win $200 in cash rewards in the first 3 months.

That said, depending on your spending, these cards might not be the best choice for you. That’s because many credit cards can earn 5% cash back or more on bonus categories including groceries, gas, dining, and travel. The best credit cards can take your credit card strategy to the next level.