Capital One Savor Cash Rewards Credit Card Review

This low annual fee tiered cash back credit card is a great choice for those with an excellent credit score and who have greater insights into their day-to-day spending habits. Specifically, those who spend less time in the home and out enjoying entertainment may find the most benefit from this card.

Written by : Updated On: August 4

The basics

Reward Rate:






Streaming Services


Grocery Stores


All Other Spends


Earn 4% on purchases at restaurants, cafes, bars, lounges, fast-food chains, and bakeries.

Earn 4% on ticket purchases made at movie theaters, sports promoters (professional and semi-professional live events), theatrical promoters, amusement parks, tourist attractions, aquariums, zoos, dance halls, record stores, pool halls or bowling alleys. This excludes golf courses, collegiate sporting events and non-industry entertainment merchant codes like cable, digital streaming and membership services.

Earn 4% on streaming purchases made from eligible music and video streaming services including Netflix, Hulu, and Disney+. Some streaming services such as Prime Video, AT&T TV, and Verizon FIOS On Demand, are excluded, as well as audiobook subscription services and fitness programming.

Earn 3% on purchases at a supermarket, meat locker, freezer, dairy product store, and specialty market. Excludes superstores like Walmart and Target.

Earn 1% on all other purchases.

Key Features:

Annual Fee


Intro APR


Regular APR

20.74%, 25.74% or 28.74%, Variable APR

Signup Bonus


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

Redemption ways


Cash back redemption or using points for purchases on

Our Verdict

As far as other tiered cash back credit cards go, the Capital One Savor offers a lower average annual fee with a broad range of high earning categories. If you are an avid eater and attend entertainment events quite often, earning back the $95 annual fee shouldn’t be too big a challenge with the Savor card.

Best Suited for:



Travel is your middle name. When you aren’t taking advantage of transit for your daily commute in the form of cabs, rideshares and trains, you are looking for a weekend escape. And if there is an opportunity to go somewhere, you take it. You are into earning miles, getting hotel upgrades, eating out and making sure your car is always fueled.



If there is a new restaurant opening, you are there. You are all about the latest food fusion trend no one has heard of and putting it on the map. You love finding the best new restaurant but also like to go to your old standbys and earning cash back for all. And when you aren’t finding the best new restaurant, you are experimenting with recipes at home, so you also need a good card for reaping the rewards of grocery shopping.


Social butterfly

You are a person of the people and love to hang out with your friends whether it is a beautiful meal out, attending a sporting event or rocking out at a live concert. If something fun is happening, you want to be there and get rewarded for it.


Pantry stocker

You are not happy unless you have a kitchen full of food. You are the designated grocery person in your household, and you are good at it. But what you really like is getting cash back for spending in this category.

Hidden perks

The standout factor of the Savor card offered by Capital One is the ability to spend your cash back on purchases from Amazon. Additionally, card holders are allowed to redeem their cash back for any amount, rather than having to redeem the entire sum at once.

Pair this card with:

Citi Double Cash


Given that the Capital One Savor is a tiered card, there are two strategies you can use when pairing it to another card. First, consider a flat rate card that offers a higher percentage back on all other purchases. For example, the Citi Double Cash card offers 2% back on all purchases – 1% at the time of purchase and 1% for every dollar paid back each billing cycle. If pairing with the Savor, use your Double Cash card for all purchases outside of the tiered categories.

Apply for Citi Double Cash

Beyond the basics

Balance Transfer Intro APR


Cash Advance APR


Foreign Transaction fee


Late Payment fee

Up to $40

Penalty APR


Credit Score Required

Excellent – 750+ score

Other Offers

Benefits such as proactive account alerts, personalized payments, AutoPay, Automatic Credit Line Reviews, and a personal Capital One assistant robot help you keep track of expenses on your account.

Capital One card holders have $0 fraud liability, meaning you don’t need to stress if your card is lost or stolen. With virtual card numbers, you can shop online without giving your actual credit card number away. Also, card holders have the ability to lock their card with a few taps and receive security alerts via text.

Using the Capital One Mobile App or online platform, card holders can view their account balances and check their credit score quickly with Capital One’s CreditWise. Additionally, secure your Capital One Mobile login with a fingerprint or customized pattern.

Enjoy Capital One Shopping, Capital One Travel, and Capital One Lounge which allow you to apply coupon codes to purchases, receive extra rewards when booking travel through Capital One, and luxurious amenities in airports respectively.

Cashback Example

Say in a given month you spend $3,000. $1,000 was spent on groceries, $800 was spent at restaurants and fast-food, $1,000 was spent at various entertainment events, and $200 was on miscellaneous expenses. You will have earned 3% on the $1,000 you spent on groceries, 4% on both the $800 for dining and $1,000 for entertainment events, and 1% on the remaining $200. This would come to a sum total of $104 in cash back rewards for the month.

Tiered cash back system results in higher rewards$95 annual fee
Generous sign-up bonusNo intro APR or intro balance transfer APR
No foreign transaction fees
Multiple ways to redeem your cash back

Apply now