Capital One Quicksilver vs. Discover it Balance Transfer

The Capital One Quicksilver offers a 0 percent introductory APR on both purchases and balance transfers for the first 15 months from account opening. After that, a 9.74 percent to 29.74 percent variable APR kicks in. An intro balance transfer fee of 3 percent applies for the first 15 months, after which a 4 percent balance transfer fee will apply at a promotional APR that Capital One may offer you at any other time.

The Discover it Balance transfer used to offer a 0 percent intro APR on purchases for six months and on and balance transfers for 18 months, followed by a variable APR of 17.74 percent to 27.24 percent. Because it’s no longer accepting new applicants, cardholders can no longer take advantage of this promotion.