Quicksilver cash back

[crazycatlady1975]

I was just updating my spreadsheets with balances, and noticed my husband has a really high cash back already? He's only had the card 3 months, and the balance is over $100. He would have had to run over 6k in charges to generate that and he is no where near? Any idea where it came from? Do QSs get a bonus after 3 months of use? Completely baffled (but in a good way!)

[Anonymous]

---

@crazycatlady1975 wrote:
I was just updating my spreadsheets with balances, and noticed my husband has a really high cash back already? He's only had the card 3 months, and the balance is over $100. He would have had to run over 6k in charges to generate that and he is no where near? Any idea where it came from? Do QSs get a bonus after 3 months of use? Completely baffled (but in a good way!)

---

Probably got an offer with a $100 bonus after $500 spend (in the first three months).  That's been their standard offer for a while

[Anonymous]

Your husband would have even more in cash back if he owned a Citi Double Cash card. I don't see the point of 1.5% cash back cards anymore. 

[Anonymous]

---

@Anonymous wrote:

Your husband would have even more in cash back if he owned a Citi Double Cash card. I don't see the point of 1.5% cash back cards anymore. 

---

Well, except he probably wouldn't, as the DC doesn't have a sign up bonus.   If he spend $500, with the DC he would have $10, with the Quicksilver $107.50

[ddemari]

capitalone sign up bonus usually posts pretty fast. Im sure that is the case as the card is so new. Nice to see some cashback! 

[RonM21]

The sign up bonuses can be a key difference in this. Good point.

[UncleB]

---

@Anonymous wrote:

---

@Anonymous wrote:

Your husband would have even more in cash back if he owned a Citi Double Cash card. I don't see the point of 1.5% cash back cards anymore. 

---

Well, except he probably wouldn't, as the DC doesn't have a sign up bonus.   If he spend $500, with the DC he would have $10, with the Quicksilver $107.50

---

+1

You have to spend over $20k before the Citi DC earns more cash back than the QS once you figure in the $100 bonus. 

[Anonymous]

I love my citi Double Cash, and my Quicksilver! But yeah, the sign up bonus definitely sold me on the quicksilver!

[Anonymous]

---

@UncleB wrote:

---

@Anonymous wrote:

---

@Anonymous wrote:

Your husband would have even more in cash back if he owned a Citi Double Cash card. I don't see the point of 1.5% cash back cards anymore. 

---

Well, except he probably wouldn't, as the DC doesn't have a sign up bonus.   If he spend $500, with the DC he would have $10, with the Quicksilver $107.50

---

+1

You have to spend over $20k before the Citi DC earns more cash back than the QS once you figure in the $100 bonus. 

---

That's a rather illogical way of looking at is, since his wife probably makes more than $20,000 in a lifetime. 

Spend $500,000 on the DC = $10,000 in cash back.

Spend $500,000 on the QS = $7,600 in cash back. 

[UncleB]

---

@Anonymous wrote:

---

@UncleB wrote:

---

@Anonymous wrote:

---

@Anonymous wrote:

Your husband would have even more in cash back if he owned a Citi Double Cash card. I don't see the point of 1.5% cash back cards anymore. 

---

Well, except he probably wouldn't, as the DC doesn't have a sign up bonus.   If he spend $500, with the DC he would have $10, with the Quicksilver $107.50

---

+1

You have to spend over $20k before the Citi DC earns more cash back than the QS once you figure in the $100 bonus. 

---

That's a rather illogical way of looking at is, since his wife probably makes more than $20,000 in a lifetime. 

Spend $500,000 on the DC = $10,000 in cash back.

Spend $500,000 on the QS = $7,600 in cash back. 

---

My statement isn't opinion, it's just math. 

It has nothing to do with how much one makes, it's how much will be spent on a particular card.  Most of us here, like myself, have various cards we use for various categories so it would take quite a while (in my case, years...) to spend $20k to pass the threshold where a DC would be more profitable. 

We each just have to do the math to see what makes the most sense for us.  Just because the Citi Double Cash works best for some doesn't mean it's necessarily the best fit for everyone.