Capital One offers cash back rewards with its Quicksilver cards and travel rewards with its Venture cards. As of 2015, there are two cards available through each program, with varying interest rates and perks, according to the Capital One website.
The Quicksilver cards are available for consumers with either excellent or average credit. Both the Quicksilver Rewards card and the QuicksilverOne Rewards card offer unlimited 1.5 percent cash back with no minimum requirement for redemption, notes Capital One. The cash rewards do not expire and are redeemable as an account credit, a gift card or a check.
The Venture cards require excellent credit. Unlimited miles are available with every purchase, and there are no blackout dates or airline restrictions. Cardholders can also redeem miles for car rentals, hotel bills and other travel costs, explains Capital One.