Why we like this card: this Capital One SavorOne Cash Rewards Credit Card If your spending habits lean toward food and entertainment, this may be top of mind for you. Plus, you can’t argue with unlimited 3% cash back on dining, entertainment, popular streaming services, and grocery stores (excluding supermarkets like Walmart® and Target®).
advantage
- Unlimited 3% cash back on dining, entertainment, popular streaming services and grocery stores (excluding supermarkets like Walmart® and Target®)
- 8% cash back on Capital One Entertainment purchases
- Get unlimited 5% cash back on hotel and car rentals with Capital One Travel, giving you access to Capital One’s best deals on thousands of travel options. (Terms apply.)
- Enjoy 0% introductory APR on purchases and balance transfers within 15 months
- No annual fee
shortcoming
- No bonus consumption categories
- There is a 3% fee for transferring balances during the introductory APR period.
- Streaming services do not include Prime Video, AT&T TV, Verizon FIOS On Demand, audiobook streaming services or fitness programs
Capital One SavorOne Cash Rewards Card: Overview
annual interest rate
- introduce: 0% introductory purchase APR for 15 months from account opening (thereafter, variable APR will be 19.99%–29.99%)
- Buy: 19.99%–29.99% variable
- Balance referral: 19.99%–29.99% variable
- Cash advance: 29.99% plus a $3 fee or 3% of each cash advance amount, whichever is greater
- punish: Late payment fees up to $40
annual fee: $0
Foreign Transaction Fees: 0%
this Capital One SavorOne Cash Rewards Credit Card is an impressive cash back card with no annual fee. It offers unlimited 3% cash back on dining, entertainment, popular streaming services and grocery stores (excluding supermarkets like Walmart® and Target®), 8% cash back on Capital One Entertainment purchases, and unlimited 5% cash back on hotels and rentals Book a car with Capital One Travel and you get the best deals with Capital One on thousands of travel options. (Terms apply.)
The reward categories are fixed, which means there’s no need to keep track of rotating offers, but it also means that if the majority of your spending doesn’t fall into one of these groups, this might not be the best cash back credit card for you.
Capital One SavorOne Cash Rewards: Rewards
this Capital One SavorOne Cash Rewards Credit Card Making earning cash back easy. Users can earn 3% back on select categories and 1% back on everything else, plus 8% back on purchases at Capital One Entertainment and through Capital One Travel (Capital One Travel) Get 5% back on car rentals and hotel bookings.
If you spend a significant amount on groceries, dining, or entertainment, this might be a cash back rewards credit card worth considering. There is a $0 annual fee and all rewards go directly into your pocket. But if you don’t spend much in the top reward categories or prefer to earn miles through travel rather than cash back, you may want to look elsewhere.
It’s also worth noting that the streaming service bonus category doesn’t include Prime Video, AT&T TV, Verizon FIOS On Demand, or any audiobook streamers. Grocery stores also exclude Walmart and Target.
Does Capital One SavorOne Cash Rewards offer bonuses?
New card members will receive a one-time cash bonus of US$200 when they spend US$500 within three months of account opening.
How to Redeem Capital One SavorOne Cash Rewards Rewards
Capital One SavorOne rewards never expire. So, as long as you keep your account open, you can redeem them through any of the options below.
Exchange cash
You can convert your rewards into actual cash by writing a check for the reward amount of your choice. Capital One also allows you to set up an automatic redemption schedule where your rewards are issued by check at specific times each year or when you reach a specified rewards balance.
Get statement credit
You can apply your rewards as statement credit to your outstanding balance. Just like redeeming cash by check, you can set up an automatic redemption schedule so that rewards are applied to your statement at a scheduled time or whenever you reach a designated rewards balance.
Redeem gift card
You can use your rewards to purchase gift cards from a variety of merchants, including retail stores, restaurants, and wellness brands. Available retailers may change, so you’ll need to log into your account to see which cards are available when you’re ready to redeem. Once you redeem your points for a gift card, you should receive the physical card in the mail within two to three weeks.
Redeem travel expenses
You can use your rewards to purchase flights, rental cars, or hotels through Capital One Travel.
Use rewards on Amazon.com
By linking your Capital One Rewards Card to your Amazon account, you can use your rewards to lower the cost of shopping on Amazon.com. Please note that you cannot use bonus points to pay for the following items:
- Amazon Fresh
- whole foods market
- Subscribe and save items
- Buy now or order with one click (except Kindle e-books)
- Amazon App Store App
- Personal digital music works
- digital download
- Cell phone with service
- textbook rental
Redeem using PayPal
You can use Capital One Rewards to make purchases through PayPal. Simply connect your rewards card to your PayPal account to use your rewards when checking out through PayPal.
extra benefits
the benefits of Capital One SavorOne Cash Rewards Card Don’t stop cash back. You also get the following benefits for free:
- No foreign transaction fees: Spend with confidence abroad knowing there will be no foreign transaction fees on purchases made outside the United States
- extended warranty: Use your Capital One SavorOne card to purchase items with manufacturer’s warranty. Capital One will then cover you for a certain period of time after the manufacturer’s warranty expires.
- Travel accident insurance: When you book travel with your Capital One SavorOne card, you’re automatically covered.
- capital one travel: Visit Capital One’s Travel Reservation Center, where you can pay with rewards, card, or a combination of both. Plus, you’re guaranteed to get the lowest price available.
- 24-hour travel assistance service: If your card is lost or stolen, get an emergency replacement card.
- Free concierge service: Your card offers 24/7 personalized assistance to help you book dining, entertainment or travel reservations.
Are Capital One SavorOne Cash Rewards right for you?
The annual fee is $0, Capital One SavorOne Cash Rewards Card Easily fits into your wallet and budget. This is a great option for those who spend most of their money on restaurants, grocery stores, entertainment, or streaming services—all of which earn 3% cash back. It can become an even better travel companion, thanks to Capital One Travel’s 0% foreign transaction fee and 5% hotel and car rental rewards.
However, if you don’t spend much in the card’s top bonus categories, it might not be a good fit since you’ll only earn 1% back on all other purchases. Other $0 cash back rewards cards apply higher interest rates to all purchases.
Credit cards similar to Capital One SavorOne Cash Rewards
Capital One Savor Rewards and Capital One SavorOne Cash Rewards
If you want to earn more on dining, streaming services, and entertainment, you might prefer the Capital One Savor Cash Rewards Credit Card. It offers 4% back on dining, entertainment and popular streaming services, as well as 3% back at grocery stores, while Capital One SavorOne Cash Rewards offers 3% back on every category.
The Savor Rewards card also offers higher one-time bonuses for new card members; you can earn up to $300, but you have to spend $3,000 within the first three months to get it. Meanwhile, new card members with a SavorOne card can only earn up to $200, but only after spending $500 within the first three months.
That means the Capital One Savor Rewards card has a $95 annual fee, while the Capital One SavorOne Cash Rewards card has no annual fee. To make the Savor Rewards card worthwhile, you need to earn more than $95 in reward points.
Wells Fargo Active Cash® Card and Capital One SavorOne Cash Rewards
The Wells Fargo Active Cash® Card is another 0 annual fee cash back card with a simpler rewards structure. Cardholders receive a flat 2% rebate on all purchases. So no matter where you spend, you’ll get 2% back.
The Capital One SavorOne Cash Rewards and Wells Fargo Active Cash® Card both offer 0% APR for 15 months, but the Capital One card may be better suited for frequent travelers. Wells Fargo cards charge a 3% foreign transaction fee. It also offers fewer travel deals than Capital One, but you can access Visa’s selection of upscale hotels through Wells Fargo.
frequently asked questions
How much cash back is SavorOne?
The Capital One SavorOne Cash Rewards Card offers 3% cash back on dining, grocery stores, entertainment and some streaming services. Cardholders also receive 8% cash back on air tickets purchased through Capital One Entertainment and 5% cash back on hotel and car rental purchases through Capital One Travel.
Is the Capital One SavorOne card hard to get?
You need good credit to qualify for the Capital One SavorOne Cash Rewards Credit Card. This means you can’t be more than 60 days past due on any other credit card, bill, or loan, and you must have had at least one credit card or loan with a credit limit of $5,000 or more for 3 years. You also must never declare bankruptcy or default on your loan.
What kind of card is the Capital One SavorOne Cash Rewards Credit Card?
The Capital One SavorOne Cash Rewards Card is a Mastercard.
Please note that card details are accurate as of the date of publication but may be changed by the card issuer at any time. Before applying, contact your card issuer to verify rates, fees and benefits.
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