<prompt> Human: Applying for my first CC Capitol One Quicksilver and the apr is pretty high but apparently people with nolimited credit history have a chance for approval. Is 24.99 high for my first cc? It has 1.5 cash back on all purchases which makes it a pretty good deal I guess  <response>: Effective interest rate is 0 if you pay the statement balance in full, on time, and every time.And dont use cash advance. 