Capital One Savor Rewards Credit Card Review

The Capital One Savor Rewards Credit Card is a cash back rewards card designed for people who want elevated rewards on dining and streaming and don’t mind an annual fee. Rewards are unlimited with no caps, which sets this card apart from other grocery reward cards. There’s also a nice welcome offer and you get your Uber One membership fee covered until November of 2024. If you don’t want to pay an annual fee, the Capital One SavorOne Cash Rewards Credit Card is a good option. We dive into the details and your approval odds in this Savor Rewards review.

Capital One Savor Cash Rewards Credit Card

Our Rating

4.5/5.0

Welcome Offer

$300 cash bonus

Annual Fee

$95

0% on Purchases

N/a

Reward Rate

1% – 5%

0% on Balance Transfers

N/a

Who is the Savor Card best for?

The Capital One Savor Cash Rewards card will attract those who go out to eat multiple times a week and enjoy frequent trips to the movies. These are the two stand-out categories of the card. The reward rate on streaming and groceries, while solid, is not best for either category (see below). At the same time, the card is not ideal as the primary everyday card. Why?

While the 4% reward rate is excellent, it applies to a limited number of categories. Most people will charge more to other category purchases. In addition, For this reason, we see the Savor card as best as a secondary card for those who spend enough in its 4% categories to justify the annual fee.

Who would do better with a different card?

Those looking for a primary, everyday card would do better looking elsewhere. We like 2% cash back cards for those wanting a single card solution.

For those looking for a second card, there may be better options. For supermarket spending, there are other cards that pay as much as 6% cash back on groceries. And the same goes with streaming serves.

What Are the Best Alternatives?

Welcome Offer

Earn a one-time $300 cash bonus once you spend $3,000 on purchases within 3 months from account opening.

Features & Benefits

SecurityCredit Score Monitoring, EMV Chip Enabled, Fraud Monitoring, Zero Liability, Alerts, Virtual Card Numbers, Card Lock
Contactless PaymentsGoogle Pay, Samsung Pay, Fitbit Pay, Garmin Pay, PayPal
BenefitsExtended Warranty Coverage, Free credit score access, 24/7 customer service
Travel PerksAccess to Special Events and Concerts, Concierge Services, Emergency Travel Assistance, Travel Accident Insurance

Rewards

1% cash back
On all other eligible purchases
Earn 1% cash back on all other purchases.
3% cash back
U.S. supermarkets
Earn 3% cash back at grocery stores. (Excludes superstores like Walmart® and Target®.)
4% cash back
Streaming services
Earn unlimited 4% cash back on popular streaming services.
4% cash back
Dining
Earn unlimited 4% cash back on dining.
4% cash back
Entertainment
Earn unlimited 4% cash back on entertainment.
5% cash back
Hotels
Earn unlimited 5% cash back on hotels booked through Capital One Travel.
5% cash back
Rental Cars
Earn unlimited 5% cash back on rental cars booked through Capital One Travel.
8% cash back
Entertainment
Earn 8% cash back on Capital One Entertainment purchases.
10% cash back
Select Categories
Earn 10% cash back on purchases made through Uber & Uber Eats, plus complimentary Uber One membership statement credits through 11/14/2024.

Interest Rates & Fees

Annual Fee$95
Foreign Transaction FeeNone
Regular APR19.99% - 29.99% (V) APR

Insurance

Extended Warranty

You’ll get additional warranty protection at no charge on eligible items that are purchased with your credit card.

What Credit Score Is Required to Get the Capital One Savor Rewards Credit Card

The following credit score data are based on publicly available information we have collected from various forums. We have no way to confirm the accuracy of this data. In addition, keep in mind that credit card issuers use a number of factors in their underwriting process, and these factors can change at any time.

App StatusDateCredit ScoreBureauCredit Limit
Approved09/22/2022
630
TransUnion
$3,000
Approved07/01/2021
674
Not Provided
$5,000
Denied12/01/2021
794
TransUnion
---
Denied08/20/2022
634
Not Provided
---

Pros & Cons

Pros
  • Welcome offer
  • No foreign transaction fee
  • Up to 5% cash back
Cons
  • Annual fee
  • High APR
  • Requires good credit

What Are the Best Alternatives?

Capital One SavorOne Cash Rewards Credit Card
Capital One SavorOne Cash Rewards Credit Card

Rating

4.5

Rewards Range

1% -10%

Annual Fee

$0

Blue Cash Preferred® Card from American Express
Blue Cash Preferred® Card from American Express

Rating

4.5

Rewards Range

1%-6%

Annual Fee

$0 intro annual fee for the first year, then $95.

Citi Custom Cash® Card
Citi Custom Cash® Card

Rating

4.7

Rewards Range

1% - 5%

Annual Fee

$0

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