Capital One SavorOne Review: A Rewarding Card for Fair Credit
The Bottom Line
5.0
Get a solid cash-back rate in a variety of spending categories, but note the annual fee and lack of a welcome bonus.
Rates, fees and offers
Rates, fees and offers
Annual fee
$39
Rewards rate
1%-8%
Bonus offer
None
Intro APR
N/A
Ongoing APR
APR: 29.49% Variable APR
Cash Advance APR: 29.49%, Variable
Balance transfer fee
4% of the amount of each transferred balance that posts to your account at a promotional APR that Capital One may offer to you
Foreign transaction fee
0%
More details from Capital One
More details from Capital One
- Earn unlimited 3% cash back at grocery stores (excluding superstores like Walmart® and Target®), on dining, entertainment and popular streaming services, plus 1% on all other purchases with a $39 annual fee
- No rotating categories or limits to how much you can earn, and you can use your cash back for any amount–get gift cards, cover purchases or redeem for cash. Plus, rewards don’t expire for the life of the account
- Be automatically considered for a higher credit line in as little as 6 months
- Help strengthen your credit for the future with responsible card usage
- Enjoy unlimited access to your credit score and tools to help you monitor your credit profile with CreditWise from Capital One
- Enjoy peace of mind with $0 Fraud Liability so that you won't be responsible for unauthorized charges
- Earn 8% cash back on Capital One Entertainment purchases with your SavorOne Card and enjoy exclusive access and cardholder perks
- Earn unlimited 5% cash back on hotels, vacation rentals and rental cars booked through Capital One Travel
- Get access to exclusive reservations at award-winning restaurants and tickets to unforgettable culinary experiences with Capital One Dining
- Capital One SavorOne cardholders can pay with their rewards via PayPal Pay with Rewards and at Amazon.com
Pros and Cons
Pros
Bonus categories
Attainable with fair credit
No foreign transaction fees
Cons
Annual fee
No welcome bonus
No intro APR period
Detailed Review
If the name of the Capital One SavorOne Cash Rewards Credit Card sounds familiar, it’s because it existed before and has a circuitous history.
The card name shuffle is all a bit confusing, but here’s what you need to know: The current Capital One SavorOne Cash Rewards Credit Card is meant for those with fair credit, and it offers 3% cash back in several useful spending categories.
There is an annual fee, and fewer perks compared with the version of the card for those with good-to-excellent credit. Still, fair credit is an underserved market, so if you fall into that category, it's among the best options out there.
Capital One SavorOne Cash Rewards Credit Card: Basics
Card type: Cash back.
Annual fee: $39.
Sign-up bonus: None.
Rewards:
3% cash back at grocery stores.
3% cash back on dining.
3% cash back on entertainment.
3% cash back on popular streaming services.
5% cash back on hotels, vacation rentals and rental cars booked through Capital One Travel.
8% cash back on Capital One Entertainment purchases.
1% cash back on all other purchases.
Interest rate: The ongoing APR is 29.49% Variable APR.
Foreign transaction fees: None.
Minimum redemption requirement: None.
Credit score requirement: The Capital One SavorOne Cash Rewards Credit Card is available to applicants with fair credit. You can see whether you’d be eligible for the card with no impact to your credit scores.
How this card defines 'dining and entertainment'
Dining includes purchases at "restaurants, cafes, bars, lounges, fast-food chains and bakeries," according to the issuer's website for this card.
Entertainment is defined this way on the issuer's website for this card: "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." Note, however, that select streaming services are included in a separate 3% bonus category.
How this card defines eligible streaming services
Some issuers, such as American Express, maintain a comprehensive list of services that qualify for bonus rewards on streaming. But Capital One has yet to publish such a list. As of November 2025, its website was describing eligibility this way: "Streaming purchases made from eligible music and video streaming services, including but not limited to Netflix, Hulu and Disney+. Some services such as Verizon FIOS On Demand, audiobook subscriptions, and fitness programming are excluded."
Other Savor cards
In addition to the Capital One SavorOne Cash Rewards Credit Card, there's also the Capital One Savor Cash Rewards Credit Card for applicants with good or excellent credit, as well as a version for college students.
Compare to Other Cards
Benefits and Perks
Generous cash-back rewards
Cards for fair credit tend to offer limited rewards, if any. But the Capital One SavorOne Cash Rewards Credit Card stands apart with an impressive 3% cash back on groceries, dining, entertainment and select streaming services (plus, an even higher cash-back rate for eligible Capital One Travel and Capital One Entertainment purchases).
Redeem any amount
You don’t have to wait until you earn a specific minimum amount of cash back to redeem it. Redeem any amount for a statement credit, check or gift card. You can also set up automatic redemptions whenever you reach a certain amount of earned cash back, or at set times.
Credit limit increases
In as little as six months, Capital One may automatically consider you for a credit limit increase.
Drawbacks and Considerations
Annual fee
The Capital One SavorOne Cash Rewards Credit Card has a $39 annual fee, which could be a dealbreaker for some. You’d need to spend $1,300 in the card’s 3% cash-back categories to offset that fee (that’s about $108 per month on food).
The Capital One Platinum Credit Card is a $0-annual-fee option you could consider, but it doesn’t earn cash back (terms apply; see rates and fees).
No welcome bonus
The Capital One SavorOne Cash Rewards Credit Card offers no welcome bonus.
Meanwhile, the Capital One Savor Cash Rewards Credit Card has the following offer for those with good-to-excellent credit: LIMITED-TIME OFFER: Earn $300 in welcome bonuses. Enjoy a $100 credit to use towards flights, stays and rental cars booked through Capital One Travel during your first cardholder year. Plus, earn a $200 cash bonus once you spend $500 on purchases within the first 3 months from account opening.
Again, having fair credit can limit your options in this regard. Students can also consider the Discover it® Student Chrome, which earns 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter, plus 1% back on everything else.
It offers this sign-up bonus: INTRO OFFER: Unlimited Cashback Match for all new cardmembers – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. You could turn $50 cash back into $100. Or turn $100 cash back into $200.
No 0% intro APR promotion
Like other cards for fair credit, there isn’t a no-interest promotion for purchases or balance transfers. The ongoing APR is 29.49% Variable APR
How To Decide If It's Right For You
If you have fair credit and can easily offset the annual fee with your spending, the Capital One SavorOne Cash Rewards Credit Card offers impressive rewards across multiple useful spending categories. If you absolutely want to avoid an annual fee, you can opt for a different card as your steppingstone to a higher credit score, though you may have to do without rewards.
Fair credit option
There's no annual fee, but the card offers no cash-back rewards. Still, it's a contender for applicants with fair credit.
Looking For Something Else?
Methodology
NerdWallet reviews credit cards with an eye toward both the quantitative and qualitative features of a card. Quantitative features are those that boil down to dollars and cents, such as fees, interest rates, rewards (including earning rates and redemption values) and the cash value of benefits and perks. Qualitative factors are those that affect how easy or difficult it is for a typical cardholder to get good value from the card. They include such things as the ease of application, simplicity of the rewards structure, the likelihood of using certain features, and whether a card is well-suited to everyday use or is best reserved for specific purchases. Our star ratings serve as a general gauge of how each card compares with others in its class, but star ratings are intended to be just one consideration when a consumer is choosing a credit card. Learn how NerdWallet rates credit cards.
About the author
Sara Rathner
Senior Writer/Spokesperson
