Editorial Review

Capital One Savor Review: Supersized Rewards on Food, Fun

This card pays an unlimited 4% cash back on dining and a wide variety of entertainment spending, plus 2% at the grocery store. Big spenders can easily capitalize.

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Capital One® Savor® Cash Rewards Credit Card

Capital One® Savor® Cash Rewards Credit Card

on Capital One's secure website

Our Take

4.0

Editor's overall rating

The Bottom Line: If you spend plenty on dining and entertainment, this card is well worth its annual fee.

Quick Facts

Annual Fee 
$95

Waived first year

Regular APR
16.24% - 25.24%

Variable

Alternate Pick: Travel and dining rewards

Chase Sapphire Preferred Credit Card

NerdWallet Rating

Chase Sapphire Preferred® Card

For travel perks

For frequent travelers, this card is a perfect match: It offers 2 points per dollar spent on dining and travel and 1 point per dollar spent on everything else, and the points can be transferred at a 1:1 ratio to several different loyalty programs or redeemed directly through Chase’s travel portal for 1.25 cents apiece.

Read our review

Pros & Cons

Pros
  • Bonus cash back categories
  • No foreign transaction fee
Cons
  • Has annual fee

recommended credit score

Full Review

Finally, there’s a dining and entertainment credit card that’s actually worth its annual fee.

The Capital One® Savor® Cash Rewards Credit Card offers an impressive — and unlimited — 4% cash back on dining and entertainment, 2% back at grocery stores, and 1% back on everything else, for an annual fee of $0 for the first year, then $95.

The sign-up bonus makes the card even more appetizing: Earn a one-time $500 cash bonus after you spend $3000 on purchases within the first 3 months from account opening.

It’s not a good card for those who prefer staying in. But for folks who spend plenty going out on the town, catching movies and frequenting favorite eateries, the card’s rewards make it well worth getting.

Key features

Here are some fast facts about the Capital One® Savor® Cash Rewards Credit Card:

Annual fee: $0 for the first year, then $95.

Sign-up bonus: Earn a one-time $500 cash bonus after you spend $3000 on purchases within the first 3 months from account opening.

Rewards:

  • 4% cash back on dining and entertainment.
  • 2% cash back at grocery stores.
  • 1% cash back on all other purchases.

Foreign transaction fees: None.

Minimum redemption requirement: None.

Here’s how this card defines “dining and entertainment” expenses:

  • Dining includes purchases at restaurants, fast-food places, coffee shops, cafés, lounges, bakeries, bars, nightclubs and more, according to the issuer.
  • Entertainment includes tickets purchased for a movie, play, concert, sporting event, tourist attraction, theme park, aquarium, zoo, dance club, pool hall or bowling alley, as well as purchases at record stores or video rental locations, the issuer confirms. (It doesn’t include purchases like cable, digital streaming or subscription services.)

» MORE: Capital One credit cards mobile app review

Why you might want the Capital One® Savor® Cash Rewards Credit Card

You spend a lot annually on dining and entertainment

This card comes with an annual fee of $95 — but if you spend at least $9,500 a year on dining and entertainment, it’s more valuable than its $0-annual-fee counterpart, the Capital One® SavorOne℠ Cash Rewards Credit Card. (More on that later.) That’s not too high of a bar to clear if you frequently cover dining and entertainment costs for a crowd — say, if you often pick up the tab at the restaurant when you’re out with friends, or you regularly buy annual passes to Disneyland for your whole family.

You want a big sign-up bonus

The sign-up bonus for the Capital One® Savor® Cash Rewards Credit Card comes supersized — especially compared with other cash-back cards. The bonus: Earn a one-time $500 cash bonus after you spend $3000 on purchases within the first 3 months from account opening. Although the ongoing rewards on this card are the main dish, the generous upfront offer makes the card even more appealing.

You’re all about that cash back

Several top-shelf dining cards come with travel-specific rewards. Not this one. While this card could be a great pick for a traveler who spends plenty on dining and entertainment, it could also be a solid choice for someone who just plans small weekend getaways and staycations, or dines out with friends or family frequently. The versatile cash-back rewards can be used however you want.

Why another card might be better

You prefer flat-rate or travel-related rewards

The unlimited bonus categories on the Capital One® Savor® Cash Rewards Credit Card are potentially quite lucrative. But if you don’t get the opportunity to use them much — say, for example, because you generally stay in or tend to buy groceries at wholesale clubs — you’d be better off with a card that offers flat-rate rewards.

Consider the Capital One® Venture® Rewards Credit Card. It offers 2 miles per dollar spent, worth 1 cent each when redeemed for travel purchases. The sign-up bonus is also generous: Enjoy a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel. It doesn’t charge foreign transaction fees and comes with an annual fee of $0 for the first year, then $95.

You want to avoid the annual fee

If you do spend on dining and entertainment, but less than $9,500 a year, the Capital One® SavorOne℠ Cash Rewards Credit Card is probably a better fit for you.

This card is the $0-annual-fee version of the Capital One® Savor® Cash Rewards Credit Card, and offers benefits that are a step down, but still generous. You’ll get 3% cash back on dining and entertainment, 2% back at grocery stores and 1% back on all other purchases. The sign-up bonus is easy to snag: Earn a one-time $150 cash bonus after you spend $500 on purchases within the first 3 months from account opening. The card comes with an annual fee of $0 and doesn’t charge foreign transaction fees.

Is the Capital One® Savor® Cash Rewards Credit Card right for you?

If you spend plenty on food and fun, this card has your name written all over it. For you, the hearty dining and entertainment rewards will easily outweigh the annual fee.

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