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For folks who want to earn extra cash back on dining and entertainment purchases, the Capital One Savor credit cards deliver outstanding value. Both cards — one with an annual fee of $0, and one with an annual fee of $95 — feature robust ongoing rewards on food and fun, alongside other compelling perks.
Here's what to know about their benefits.
1. Bonus cash back on dining and entertainment
On both Savor cards, food-centric ongoing cash-back rewards are the stars of the show:
The Capital One Savor Cash Rewards Credit Card earns 4% cash back on dining, entertainment and streaming services, 3% cash back at grocery stores and 1% on all other purchases.
The Capital One SavorOne Cash Rewards Credit Card earns 3% cash back on dining, entertainment, streaming services and grocery stores and 1% on all other purchases.
As of May 2021, both the Capital One Savor Cash Rewards Credit Card and Capital One SavorOne Cash Rewards Credit Card earn 3% cash back at grocery stores (previously 2%). In addition, both cards got a boost in rewards for eligible streaming services, to 4% and 3%, respectively. Previously, streaming services did not count as entertainment and were classified with "everything else," earning just 1% back.
These bonus categories are especially tantalizing because Capital One's definitions of “dining and entertainment” are relatively broad. According to the issuer:
Dining includes purchases made at restaurants, cafes, bars, lounges, fast-food chains and bakeries.
Entertainment includes purchases made at movie theaters, certain live sports events, certain theater productions, amusement parks, tourist attractions, aquariums, zoos, dance halls, record stores, pool halls or bowling alleys.
The cards also don’t have any minimum redemption requirements. That means you can redeem cash back in any amount.
2. Bonus cash back on certain travel bookings
Both cards earn 5% cash back on hotels and rental cars booked through Capital One Travel. Terms apply.
3. Sign-up offers
Both Savor cards start off with decent sign-up bonuses. While they're not the most valuable on the market, these boosts could potentially cover dinner and a movie a few times over. The $0-annual-fee card also comes with a 0% APR offer, which could give you some extra time to pay down any major purchases, interest-free. Here's what you get on each card:
Capital One Savor Cash Rewards Credit Card
Sign-up bonus: Earn a one-time $300 cash bonus once you spend $3,000 on purchases within 3 months from account opening.
0% APR offer: None.
Capital One SavorOne Cash Rewards Credit Card
Sign-up bonus: Earn a one-time $200 cash bonus after you spend $500 on purchases within the first 3 months from account opening.
0% APR offer: You get 0% intro APR for 15 months on purchases and balance transfers, and then the ongoing APR of 19.24%-29.24% Variable APR; 3% fee on the amounts transferred within the first 15 months.
Travel- and shopping-friendly features
The Savor cards aren't marketed as travel cards, but they can still help you when you do travel.
4. No foreign transaction fees
Like all Capital One credit cards, these cards don’t charge foreign transaction fees. That means that you won’t have to deal with any 3% charges while making international purchases.
5. Travel protections and assistance
Both cards also offer travel accident insurance and complimentary concierge service.
6. Shopping protections and assistance
With either card, you'll also get an extended warranty perk on purchases, plus access to comparison shopping tools for online purchases.
Perks and other offers
7. Exclusive access
Both the Capital One Savor Cash Rewards Credit Card and the Capital One SavorOne Cash Rewards Credit Card can grant cardholder-only access to things like special dining experiences, music concerts and sporting events. Capital One Entertainment allows eligible Capital One cardholders to redeem credit card rewards for tickets and exclusive experiences at sports games, music performances and other events.
More about these cards
The information related to the Capital One Savor Cash Rewards Credit Card has been collected by NerdWallet and has not been reviewed or provided by the issuer of this card.