Can an existing CapitalOne card holder qualify, or are these new Quicksilver cards only for New customers ?

Dean

https://www.capitalone.ca/cred.....astercard/
https://www.capitalone.ca/cred.....astercard/

Main details:

• No annual fee
• 3% back at grocery stores
• 3% back at gas stations and EV charging stations
• 1% back everywhere else
• No foreign currency exchange fees
• Current sign-up promo of double the cash back for the first year

I've added it to our list of no-FX fee cards.

On the other hand, my friends all seem to lose or destroy their phones every 1-2 years. One woman I know has bought seven iPhones. But I secretly suspect she just wants an excuse to buy new ones. $3500 for an iPhone! Unreal. And when they came out, everyone was freaked out they wanted $300!

Briguy said

Capital One's new Quicksilver World Elite Mastercard with no fee, no FX, 3 percent cashback on gas and groceries and with travel insurance seems like better card now.

https://www.capitalone.ca/cred.....26TC02  

Yeah, that's a pretty impressive offering for a free card. We have a new winner for a no annual fee, no foreign exchange fee card.

Norman1 said

pentel said

Good to know that 1% cashback only applies to purchases in CAD. I thought I can get no FX fee as well as 1% cash back. Thanks for pointing that out.

It used to be like that. Home Trust removed the 1% cash back on foreign spending in January 2020.

The following year, in May 2021, Home Trust removed the rental car insurance and roadside assistance benefits from the card.  

Capital One's new Quicksilver World Elite Mastercard with no fee, no FX, 3 percent cashback on gas and groceries and with travel insurance seems like better card now.

https://www.capitalone.ca/cred.....092026TC02

JohnnyCash said

IDK, I've got the card and it has contactless capability, maybe I got lucky? Either way, it's a free card and I've got it loaded on a few Apple Pay devices so it's not much of any issue for me personally.

The Home Trust Preferred Visa had contactless capability since late 2019.

I have their current blue vertical-format card and have tapped it for contactless payment many times.

There's no indication that Home Trust removed the contactless capability from the card:

Worldwide acceptance

Accepted in more than 200 countries and territories, the Home Trust Preferred Visa offers you a secure and reliable method of payment, anywhere in the world. You can also shop safely with contactless payment technology wherever it’s available.

RetirEd said
What's so hard about inserting a card and gaining the extra security of a PIN and chip?  

Nothing, but I would argue a digital wallet like Apple Pay requiring biometric authentication is even more secure as it doesn't retain your actual card number; besides, you would be less likely to damage, lose or compromise your card using a digital wallet.

pentel said
@JohnnyCash , @Norman1

This Home Trust Preferred Visa is still in consideration as it is probably the only no-fee, no foreign transaction fee card, with a 1% cash back for CAD purchases.

I read that the older Home Trust Preferred Visa physical card does not have chip-and-pin and contactless payment (not the digital wallet).

Does the present Home Trust Preferred Visa physical card has chip-and-pin and RFID chip for contactless payment?  

I've had the card for years now, I don't recall if it has tap-to-pay on it, I believe it does, but I can confirm it does work on digital wallets, specifically Apple Pay.

pentel said
Sadly, according to Google, this Home Trust Preferred Visa credit card does not have tap-and-go functionality.

I don't want to use the phone, tap-and-go is faster than turning on the phone, locating the app, select the bank card and finally place the phone on the reader. Can the physical card pay by tap-and-go?

No, the physical Home Trust Visa card cannot pay by tap-and-go.

The physical cards (such as the Home Trust Preferred Visa) do not contain a contactless chip. To pay using only the physical plastic card, you must insert it into the terminal and enter your 4-digit PIN.

Because Home Trust did not build tap technology into the physical cards, using a digital wallet on a smartphone or smartwatch remains the only way to utilize contactless payment features with their accounts.

If you prefer not to use your phone for tapping, would you like to explore other no-foreign-transaction-fee cards that feature physical tap-and-go, or would you like assistance with how to change your PIN on your Home Trust card?

IDK, I've got the card and it has contactless capability, maybe I got lucky? Either way, it's a free card and I've got it loaded on a few Apple Pay devices so it's not much of any issue for me personally.

I don't want to use the phone, tap-and-go is faster than turning on the phone, locating the app, select the bank card and finally place the phone on the reader. Can the physical card pay by tap-and-go?

No, the physical Home Trust Visa card cannot pay by tap-and-go.

The physical cards (such as the Home Trust Preferred Visa) do not contain a contactless chip. To pay using only the physical plastic card, you must insert it into the terminal and enter your 4-digit PIN.

Because Home Trust did not build tap technology into the physical cards, using a digital wallet on a smartphone or smartwatch remains the only way to utilize contactless payment features with their accounts.

If you prefer not to use your phone for tapping, would you like to explore other no-foreign-transaction-fee cards that feature physical tap-and-go, or would you like assistance with how to change your PIN on your Home Trust card?

This Home Trust Preferred Visa is still in consideration as it is probably the only no-fee, no foreign transaction fee card, with a 1% cash back for CAD purchases.

I read that the older Home Trust Preferred Visa physical card does not have chip-and-pin and contactless payment (not the digital wallet).

Does the present Home Trust Preferred Visa physical card has chip-and-pin and RFID chip for contactless payment?

Norman1 said
Yes, there is a "Purchase Amount" alert that will alert by e-mail and/or SMS when a purchase is made greater than a specified amount.  

Thank you for the info. Will consider applying for this 1.5% cash back anything else card.