The
Capital One Savor Cash Rewards Credit Card is a very good card that’s worth applying for if you have a 700+ credit score and a big dining-and-entertainment budget. One of the best things about Capital One Savor is that it gives 4% cash back on dining, entertainment purchases and popular streaming services. It also gives 3% back at grocery stores and
1% on all other purchases. Plus, the Savor Card from Capital One has an initial bonus that amounts to much more than an appetizer:
$300 cash back for spending
$3,000 in the first three months.
If you’re worried about high fees leaving a bad taste in your mouth, don’t be. Savor charges a very reasonable
$95 per year. And like all other
Capital One credit cards, it doesn’t charge foreign transaction fees.
You can learn more about how Capital One Savor’s key terms compare to the rest of the market below.
Capital One Savor Review Highlights
$300 initial bonus
This amounts to as much as 10%, considering the spending requirement of
$3,000 in the first
3 months. The average cash back credit card bonus is roughly
$242, according to WalletHub’s latest
Credit Card Landscape Report.
3% cash back at grocery stores
That’s triple what the average cash rewards card offers, and the difference can add up to a whole lot over the course of a year.
1% cash back in non-bonus categories
This is the standard base earning rate for a rewards card.
4% cash back on dining, entertainment and popular streaming services
This earning rate is elite, but it’s not always clear when you’ll earn it. That depends on
merchant category codes. Things like restaurants and festivals definitely qualify, though. Netflix®, Hulu® and Disney+ also qualify, but some services, such as Prime Video, AT&T TV and Verizon FIOS On Demand, are excluded, as well as audiobook subscription services and fitness programming.
$0 foreign transaction fee
You can enjoy dining and entertainment experiences with Savor all around the world without paying an international surcharge. All Capital One credit cards give you this freedom.
Unlimited rewards that don’t expire
There are no earning caps or other “gotcha” tactics with Capital One Savor. Your cash back rewards won’t expire as long as your account is open, either.
$95 annual fee
Savor’s
$95 yearly charge kicks in from the first year on. That is roughly four times higher than the
average credit card’s annual fee. But Savor’s rewards more than cover the cost.
19.99% - 29.99% (V) APR
Financing isn’t the Savor card’s strong suit. Despite requiring at least good credit for approval, Savor’s APR could be well above average even for cards you can get with fair credit (
26.59%). So it’s best to pay your bill in full every month to avoid seeing your rewards earnings erode away.
Easy rewards redemption
Savor lets you redeem your cash back for a statement credit or a check at any time. You can also schedule redemption for a particular date or when you’ve earned a certain amount.
Good credit or better required
We recommend a credit score of 700+ for good Savor card approval odds.
If you want to see whether your credit is good enough for Capital One Savor approval, you can
check your latest credit score for free on WalletHub.
Below, you can see exactly what kinds of scores WalletHub’s editors give different aspects of the Capital One Savor offer..
Capital One Savor Ratings
| Category | Rating |
| Rewards Value | 4.9/5 |
| Rewards Flexibility | 5.0/5 |
| Features | 4.4/5 |
| Annual Percentage Rate | 1.0/5 |
