Capital One SavorOne Cash Rewards Credit Card Review

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.

Written by : Updated On: December 9

The basics

Reward Rate:






Streaming services




Capital One Travel


All other spends


Earn 3% on purchases at restaurants, cafes, bars, lounges, fast-food chains, and bakeries.

Earn 3% 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 3% 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

0% intro APR for 15 months

Regular APR

19.74%-29.74% Variable APR

Signup Bonus


Earn a one-time $200 cash bonus once you spend $1000 on purchases within the first 3 months from account opening.

Redemption Ways


For pure cash back, card holders can redeem through a statement credit or as cash rewards. Additionally, points can be redeemed for gift cards or for purchases on

Our Verdict

The SavorOne card is a great no annual fee, high earning cash back credit card for those with a credit score in the excellent range. For families and individuals, so long as your primary expenses fall into one of the main categories covered by this card, it can potentially be a nice addition to your wallet.

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.

No annual feeExcellent credit score required
0% introductory APR for 15 monthsOnly 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

Hidden perks

The current sign-up bonus is what sets the SavorOne Rewards card apart from the competition. By just spending $500 on the card in three months (relatively easy if used for grocery, restaurant, and entertainment purposes) you can earn an easy $200 in cash back.

Comparing Capital One SavorOne Cash Rewards with a similar card

Chase Freedom Unlimited®

Reward rate1.5% - 5%
Reward detailsEarn unlimited 1.5% cash back or more on all purchases, like 3% on dining and drugstores and 5% on travel purchased through Chase.
Intro Bonus:$200 Annual fee$0
Regular APR20.24% - 28.99%
Read full review

Capital One SavorOne Cash Rewards

Reward rate3.00%
Reward detailsEarn unlimited 3% cash back on dining, entertainment, popular streaming services and at grocery stores, plus 1% on all other purchases.
Intro Bonus:$200 Annual fee$0
Regular APR19.99% - 29.99%

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


Foreign Transaction fees


Late Payment fee

Up to $40

Penalty APR


Credit Score Required

Excellent – 750+ score

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:

1. 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.

2. 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.

3. The Capital One SavorOne Rewards card offers an appealing introductory bonus and new cardholders have the opportunity to earn a substantial cash back bonus.

4. 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:

1. 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.

2. 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.

3. The card can have a high APR after the 0% intro period, especially for those with lower credit scores.

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 can 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.

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:

1. 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.

2. 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.

3. 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.

4. 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.

5. 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.


Pair this card 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.

Apply now: Citi Double Cash

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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.