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The Capital One SavorOne card is a well-known variation of their annual fee card known as the Savor Rewards. For those who seek no annual fee and have groceries, restaurants, and entertainment as their primary expenses, the SavorOne cash rewards credit card can be an excellent choice.
Capital One SavorOne Cash Rewards
3.00%
Dining
3%
Entertainment
3%
Streaming services
3%
Groceries
3%
Capital One travel
5%
All other purchases
1%
Fees and APR
Other features
$200
Rewards don't expire for the life of the account, and you can redeem cash back for any amount.
Our Verdict
Best Suited for:
Always-on-the-road 
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.
Foodie
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.
| Pros | Cons |
|---|---|
 No annual fee |  Excellent credit score required |
| 0% introductory APR for 15 months | Only 1% cash back for purchases not included in bonus categories |
| No foreign transaction fees | |
| $200 cash bonus sign-up bonus | |
| Multiple redemption options for rewards | |
| Unlimited 3% rewards on dining, entertainment, streaming services, and grocery stores |
Comparing Capital One SavorOne Cash Rewards with similar cards
Capital One SavorOne Cash Rewards
Wells Fargo Active Cash®
Discover it® Cash Back
Beyond the basics
| Balance transfer intro APR | 0% intro APR for 15 months, 3% fee on the amounts transferred within the first 15 months |
| Cash advance APR | 25.24% |
| Foreign transaction fees | None |
| Loan APR | N/A |
| Late payment fee | up to $40 |
| Penalty APR | None |
| Credit score required | 750+ |
Other offers
Account managementBenefits 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.
Fraud coverageCapital 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 can lock their card with a few taps and receive security alerts via text.
Mobile app and digital servicesUsing 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.
Travel and retail benefitsEnjoy 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.
What we like about this card
The top features that stand out about the Capital One SavorOne Rewards credit card are the generous rewards program, attractive cash back offerings, and consumer-friendly features:
Unlimited cashback
Cardholders earn unlimited cash back on everyday purchases, with a particular emphasis on dining and entertainment expenses. This is perfect for those who enjoy dining out, attending events, and making the most of their leisure time.
No annual fee
There’s no annual fee or foreign transaction fees, enhancing the card's accessibility and making it an attractive option for a broad range of consumers.
Introductory bonus
The Capital One SavorOne Rewards card offers an appealing introductory bonus and new cardholders have the opportunity to earn a substantial cash back bonus.
Simple rewards redemption
The simplicity and flexibility of redeeming rewards in hassle-free ways adds an extra layer of convenience.
Drawbacks and considerations
While the Capital One SavorOne Rewards credit card offers a range of appealing features, it's important for potential cardholders to be aware of certain drawbacks and considerations before committing to this credit card:
Reward structure
The rewards structure heavily emphasizes dining and entertainment purchases. Individuals with different spending patterns may find the rewards less lucrative. If a substantial portion of one's expenses falls outside these categories, the overall cash back earnings might be lower compared to cards with broader rewards structures.
Lack of premium rewards
There are no premium rewards tiers. While the Capital One SavorOne Rewards card offers competitive benefits, it lacks the premium features found in some other credit cards. Cardholders who desire exclusive perks such as airport lounge access, travel credits, or concierge services may find other cards better suited to their needs.
High APR
The card can have a high APR after the 0% intro period, especially for those with lower credit scores.
How to decide if this card is right for you
Deciding if the Capital One SavorOne Rewards credit card is the right fit for you involves a thoughtful evaluation of your spending habits, lifestyle, and financial goals. Here are key considerations to help determine if this card aligns with your needs:
Assess your spending patterns
This card is tailored for people who frequently dine out and participate in entertainment activities. If a significant portion of your monthly expenses falls into these categories, the 3% cash back on dining and entertainment could prove highly rewarding. However, if your spending habits are more diverse and extend beyond these specific areas, you may want to explore cards with broader rewards structures to maximize your overall cash back earnings.
Consider your preference for simplicity and flexibility in rewards redemption
For example, this card offers straightforward redemption options, allowing you to easily convert your cash back into statement credits, checks, or gift cards. However, if you prefer to redeem your rewards for travel, there may be better cards out there.
Evaluate your appetite for an annual fee
One of the notable advantages of the Capital One SavorOne card is its fee-free structure. If you prefer to avoid the cost of an annual fee while still enjoying cash back rewards, this card stands out in the market. However, if you are willing to pay an annual fee for additional premium benefits, you may want to explore cards with a tiered rewards system and enhanced perks.
Assess your ability to meet the intro spending requirement
While the card offers an attractive sign-up bonus, it's essential to evaluate whether you can comfortably meet the required spending within the specified timeframe. If the spending threshold aligns with your regular expenses or planned purchases, the introductory bonus becomes a compelling incentive. However, if reaching the required spending amount poses a challenge, you might want to explore cards with more attainable bonus requirements.
Consider your credit score and interest in premium benefits and features
The Capital One SavorOne Rewards card is accessible to individuals with good to excellent credit scores. If your credit history aligns with this criterion, and you're content with a card that doesn't offer premium features like airport lounge access or concierge services, the SavorOne card may be a practical choice. If, however, you prioritize premium benefits, you may want to explore higher-tier credit cards.
Found a perfect pair
Pair your Capital One SavorOne Cash Rewards with Citi Double Cash
An effective way to pair the SavorOne Rewards card is to look into a flat rate card that offers a higher percentage back for miscellaneous purposes. Any expenses outside the 3% categories will only earn you 1% back, so consider a card such as the Citi Double Cash credit card that will pay you 2% back on all purchases – 1% per dollar when you buy and 1% per dollar when you pay the card off.
Methodology
Credello’s credit card reviews aim to provide readers with clear and unbiased information to help them choose the right credit card that aligns with their financial goals and needs. Our methodology emphasizes transparency, disclosure of any potential biases, and regular updates to ensure the information remains relevant and accurate for readers.The methodology used to review the best Wells Fargo Credit Cards relied on a number of factors, with the most prominent of those being:
- Assess the interest rates charged on outstanding balances.
- Evaluate the cost of owning the credit card, including any annual fees.
- Examine rewards programs, cashback offers, travel perks, and other cardholder benefits.
- Analyze introductory APR, balance transfer offers, and sign-up bonuses.
- Consider the card’s credit limit and its suitability for different financial needs.
- Review late fees, foreign transaction fees, and other charges.
- Determine the credit score needed to qualify for the card.
- Research the quality and accessibility of customer support.
- Assess security measures such as fraud protection and chip technology.
The product information provided here is based on research conducted up to a specific date and may have changed. For the latest and most accurate information, we recommend you to visit the respective card’s website before proceeding.
FAQs
No, the Capital One SavorOne Rewards credit card does not have foreign transaction fees.
This card is designed for people with excellent credit scores, so if you have a fair or poor score, it may be more difficult to get approved.
The main difference between the Capital One SavorOne and Capital One Savor lies in their rewards structures and annual fees. While both cards emphasize dining and entertainment, the Savor offers higher cash back rates (4% on dining and entertainment) but comes with an annual fee. In contrast, the SavorOne provides slightly lower cash back rates (3% on dining and entertainment) but has no annual fee.
Typically, Capital One allows product upgrades, but it’s subject to approval based on your creditworthiness. If eligible, you may request an upgrade from the SavorOne to the Savor card. However, it’s essential to note that this decision depends on various factors, and Capital One will determine your eligibility based on your credit history and financial standing. It’s recommended to contact Capital One directly to inquire about the possibility of upgrading from the SavorOne to the Savor card.
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