Looking for a rewards credit card that will let you get paid to do the things you love? Check out this review of the savor one capitalone credit Card from Capital One, which gives 3% cash back on all your dining and grocery purchases, as well as on streaming services.
Rewards cards can be confusing, and it’s hard to know which one is the best for you.
With so many rewards cards on the market, it can be hard to decide which card is right for you. And even if you do find a card that fits your spending habits, there’s a good chance you’re not getting the most bang for your buck.
The savor one capital one is the perfect solution for anyone looking for a great rewards card with no annual fee. You’ll earn 3% cash back on dining, grocery stores, entertainment, and popular streaming services, plus 1% on all other purchases.
Plus, you’ll earn 8% cash back on purchases at Vivid Seats and Capital One Entertainment events. You’ll also get unbeatable rates on thousands of trip options, like 5% cash back on accommodation and car rentals booked through Capital One Travel, where you’ll get Capital One’s greatest on hundreds of trip alternatives.
So, whether you’re looking for a new rewards credit card or simply trying to get the most out of the one you have, read on for our full review of the Capital One SavorOne.
- After you spend $500 on purchases within the 3 months from account opening, you’ll get a one-time $200 cash bonus.
- You can earn 3% cash back on dining, entertainment, popular streaming services, and at grocery stores (excluding superstores like Walmart® and Target®), plus 1% on the back on everything purchases. There’s no limit to how much you can earn!
- Capital One offers its customers the option of receiving unlimited 5% cash back on hotels and rental cars booked through Capital One Travel. You’ll receive the best rates available from Capital One on thousands of travel options.
- Earn cash back of up to 8% on purchases and Vivid Seat ticket sales at Capital One Entertainment.
- You don’t need to sign up for anything or worry about occasional changes; you’ll earn cash rewards just by using your account. Additionally, the cashback won’t expire and there’s no maximum amount you can earn.
- APR of 0% on purchases and balance transfers for the first 15 months, then 16.49% 26.49% variable APR; 3% fee applied to amounts transferred in the first 15 months
Why should you have the Capital One SavorOneCredit Card?
Now that we’ve gone over the overview and some of the key features of the Capital One SavorOne Cash Rewards Credit Card, let’s discuss what is the credit card benefits.
#1. You’ll earn a high rewards rate on popular expenses.
The savorone rewards credit card is a great option for people who want to earn rewards on their everyday spending.
With this card, you’ll earn 8% cash back on Vivid Seats purchases, 5% cash back on hotel and rental car bookings through Capital One Travel, 3% on dining, 3% on entertainment, and 3% at grocery stores (excluding large retailers such as Walmart and Target), and 3% percent on popular streaming services.
You’ll also earn 1% cash back on all other purchases. There’s no limit to how much spending is eligible for the higher rewards rate, and no minimum amount for redeeming rewards.
So if you’re looking for a credit card that will help you save money on your everyday expenses, the capital one savorone card is a great option.
#2. You can get a one-time cash bonus after you spend $500 in the first three months.
Another great reason to consider the Capital One SavorOne Cash Rewards Credit Card is that you can earn a one-time cash bonus of $200 after you spend $500 on purchases within the first three months of account opening.
This is a great way to earn some extra cash to put towards your everyday expenses. And since there’s no annual fee, you can keep the card for as long as you like and continue to earn rewards on your spending.
So if you’re looking for a credit card with a great sign-up bonus, the Capital One SavorOne Cash Rewards Credit Card is a great option.
#3. You’ll get a 0% introductory APR on purchases and balance transfers for the first 15 months.
Another great perk of the Capital One SavorOne Cash Rewards Credit Card is that you’ll get a 0% introductory APR on purchases and balance transfers for the first 15 months.
This means that you can finance your everyday expenses interest-free for the first 15 months. And if you have any existing credit card debt, you can transfer it to this card and save on interest charges.
So if you’re looking for a credit card with a great introductory APR offer, the Capital One SavorOne Cash Rewards Credit Card is a great option.
#4. There are no foreign transaction fees.
If you travel abroad frequently, the Capital One SavorOne Cash Rewards Credit Card is a great option since there are no foreign transaction fees.
This means that you can use your card for all of your purchases while you’re abroad without having to worry about any extra fees.
So if you’re looking for a credit card that’s ideal for travel, the Capital One SavorOne Cash Rewards Credit Card is a great option.
#5. It’s easy to redeem your cash back rewards.
Another great thing about the Capital Rewards Credit Card is that it’s easy to redeem your cash back rewards.
You can redeem your rewards for statement credits, gift cards, or merchandise. And you can redeem your rewards at any time and there’s no minimum amount required.
#6. Extended warranty protection.
Finally, the Capital One SavorOne Cash Rewards Credit Card comes with extended warranty protection.
This means that if you purchase an item with your card and it’s covered by a manufacturer’s warranty of three years or less, Capital One will extend the warranty by an additional year.
#7. 24-hour travel assistance services
The Capital One SavorOne Cash Rewards Credit Card also comes with 24-hour travel assistance services.
This means that if you run into any problems while you’re traveling, you can call the Capital One Travel Assistance Line and they will help you resolve the issue.
If you’re searching for a credit card with decent perks and benefits, the Capital One SavorOne Cash Rewards Credit Card is an excellent alternative.
The reasons you might want a different card
Here are a couple of reasons you might want to consider a different credit card:
#1. Limited cash back reward categories:
SavorOne Cash Rewards Credit Card from Capital One has great bonus categories that offer higher cash back. These include 3% back on dining and entertainment, 2% back at grocery stores, and 1% back on all other purchases. However, there are some limitations to these categories. For example, dining only applies to restaurants, fast-food places, coffee shops, cafes, lounges, bakeries, bars, and nightclubs.
Entertainment only applies to tickets purchased for a movie, play, concert, sporting event, tourist attraction, theme park, aquarium, zoo, or dance club.
But other Credit cards offer a more comprehensive list of services that qualify for their higher cash back categories.
So, if you’re looking for a card with more flexible cash-back categories, you might want to consider a different card.
#2. Need to more than 15 months 0% intro APR period:
If you’re looking for a credit card with a longer 0% intro APR period, you might want to consider a different card. The Capital One SavorOne Cash Rewards Credit Card offers 0% intro APR on purchases and balance transfers for the first 15 months. After that, the APR will vary based on your credit score.
There are other credit card options available that might be a better fit for you depending on your spending habits and needs.
#4. If you are a Big Spenders
If you spend a lot of money each month, you might want to consider a different credit card. The Capital One SavorOne Cash Rewards Credit Card only offers cash back on popular expenses like dining, entertainment, and grocery store purchases.
There are other credit cards available that offer rewards on all of your purchases, so you can earn more cashback each month.
#5. Rental cars must be booked through Capital One Travel to Get 5% cashback
If you want to earn cash back on your rental car purchases, you’ll need to book through Capital One Travel. This means that you won’t be able to use other travel portals like Expedia or Priceline.
So if you’re looking for a card that offers more flexibility when it comes to redeeming your rewards, you might want to consider a different card.
#6. An excellent credit score is required for approval
To assist applicants to determine their chances of approval, Capital One assigns credit grades to its cards. If you have decent or good credit, this card’s suggested credit level is “good to excellent credit,” which might make it more difficult to qualify.
Checking your credit report and score before applying may be worthwhile to see if your score falls in the “Excellent” range. Cards in the Capital One family that are recommended for excellent credit include the SavorOne Cash Rewards Credit Card, which offers cash back on every purchase, and the VentureOne Rewards Credit Card, which offers travel rewards.
If you have excellent credit, you may want to consider applying for one of these Capital One cards.
The Alternative of Savor one capital one Credit Card
Till now we have discussed some reasons why you should not go for Savor one capital one credit card. Now, it’s time to check the alternative of Savor one capital one.
Here are some best alternatives to Savor one capital savor card.
#1. Blue Cash Preferred Card from American Express
The SavorOne® cashback program might not be for everyone, in which case the Blue Cash Preferred® Card from American Express would be a more reasonable choice. With this card, you can earn up to 6% cash back at U.S. supermarkets on the spending of $6,000 or less per year (then 1%).
That’s an industry-leading rate that can help you rack up rewards quickly, especially if you spend a lot on groceries.
In addition, you can also earn 6% cash back on select U.S. streaming subscriptions and 3% cash back at U.S. gas stations and transit.
Plus, you’ll earn 1% cash back on all other purchases. There’s a $95 annual fee for this card, but it could be worth it if you take advantage of the high earning potential.
#2. U.S. Bank Altitude Go Visa Signature Card
If you’re looking for an alternative to the SavorOne capital one Credit Card, the U.S. Bank Altitude® Go Visa Signature® Card is a great option.
With 4 points per dollar on takeout, food delivery, and dining, and 2 points per dollar at grocery stores, grocery delivery, gas stations, and streaming services, it’s easy to earn rewards on your everyday purchases.
Plus, with a 0% intro APR on purchases and balance transfers for the first 12 billing cycles followed by a regular variable APR of 17.24% – 26.24%, it’s easy to keep your finances in check.
With great rewards and a competitive APR, the U.S. Bank Altitude® Go Visa Signature® Card is a clear winner.
#3. Citi Double Cash Card
If we try to decide which cash back credit card is right for you? If you’re torn between the Capital One SavorOne Cash Rewards Credit Card and the citi® double cash card, here’s a breakdown of the pros and cons of each card.
The SavorOne offers to earn unlimited cash back in the category of food and dining, making it a good choice for those who spend often in this area. However, the Citi Double Cash Card earns 2% cash back on all purchases—1% when purchases are made and another 1% when they’re paid off—so it could be a better option for maximizing rewards if you don’t spend primarily on the dining category.
In addition, the Citi Double Cash Card comes with other benefits that the SavorOne doesn’t have, such as 0% intro APR on balance transfers for 18 months and no annual fee.
However, only the SavorOne card waives foreign transaction fees—so if you travel often outside the U.S., that may be a deciding factor for you.
Ultimately, the best credit card for you will depend on your spending habits and priorities.
How to redeem your rewards
So, you’ve racked up some rewards points and you’re ready to redeem them. Great job! But what exactly can you do with your rewards? And how do you go about redeeming them? Read on for everything you need to know about redeeming your rewards.
Rewards can be redeemed for a statement credit, check, gift card, or merchandise. There is no minimum amount of cash back required to redeem.
With automatic redemption, you can select to redeem rewards either on a certain date or once you reach a specific dollar amount. Unlike other gift card options that are electronic or have expirations, our physical gift cards through the mail are 1:1–for every dollar of reward, you get one full dollar on the card to use. Our current partners for this program include Amazon, Target, Walmart, Sam’s Club, and Best Buy.
So whether you want to use your rewards for some new clothes or just get a little cash back, there are plenty of options available to you. Redeeming your rewards is easy and can be done entirely online.
What Is the Credit Score required for Savor one capital one Credit Card?
Excellent credit (750+) is required for the SavorOne Cash Rewards Credit Card. If you don’t have excellent credit, you may still be able to qualify for the Capital One Savor Cash Rewards Credit Card, which has the same rewards structure but requires good credit (700-750). Both cards come with a $95 annual fee and offer unlimited cash back in the categories of dining and entertainment.
Credit Card Cardholder Experience
Credit card companies are constantly trying to one-up each other with perks and rewards, but at the end of the day, what really matters is the customer experience. And in that department, Capital One ranks a solid third out of 11 national card issuers, according to J.D. Power’s 2021 U.S. Credit Card Satisfaction Study.
That puts them just two points below the average score. So what exactly does Capital One offer that makes them so satisfying to their credit cardholders? For starters, they have Autopay set up so you can always stay on top of your payments. They also offer 24/7 customer service access in case you need help with anything, plus online and mobile banking access for your convenience.
And if you’re worried about identity theft or fraud, they have a credit monitoring service that will keep an eye on things and send you regular credit updates. So if you’re looking for a great all-around credit card experience, Capital One is worth considering.
Credit Card holders are always curious about the company they are doing business with. So I decided to take a look at what people are saying about Capital One on Reddit.
The vast majority of posts seem to be positive views about their experience with Savor one capital one Credit Card. There are a lot of people talking about how much they love the cashback rewards, especially in the dining and entertainment categories. And many people mention that they’ve had great experiences with customer service.
There are a few negative posts here and there, but for the most part, it seems like people are happy with their Capital One SavorOne Cash Rewards Credit Card.
Here are the screenshots of the comment I found on Reddit.
Overall, it seems like the SavorOne Cash Rewards Credit Card is a great option if you’re looking for cash back on your dining and entertainment expenses. And if you have good or excellent credit, you should consider this card.
Final Thought: is the savor one capital one Credit Card worth it?
Savor one capital one Credit Card Review: Get Paid to Eat and Stream! | The Savoring Strategy - May 2023
So, is the Capital One SavorOne credit card worth it? In short, yes. The card offers an excellent cashback rate for dining and entertainment, making it just as cost-effective as other cards that target the same categories.That said, if you're looking for a no-annual-fee card with great cash-back rewards on all types of spending, there are better options available.
Let me know in the comments which cash-back credit card you use and why you think it’s the best pick for you!
Is capital one savor card better than quicksilver?
There is no one-size-fits-all answer to this question, as the best credit card for you will depend on your individual spending and repayment habits. However, we can compare the key features of the Capital One Savor and Quicksilver cards to help you make a decision.u003cbru003eu003cbru003eBoth cards offer excellent rewards for everyday spending, with the Savor card offering 3% cash back on dining and entertainment, and the Quicksilver card offering 1.5% cash back on all purchases.u003cbru003eu003cbru003eIf you are a big spender on dining and entertainment, then the Savor card could be the better option for you. However, if you prefer a simpler card with no annual fee, then the Quicksilver card could be a better choice.u003cbru003eu003cbru003e
Can you downgrade capital one savor?
Yes, you can downgrade your Capital One Savor card to a Capital One SavorOne card. To do so, you will need to contact Capital One customer service and request the downgrade.
is capital one savor one a good card?
Yes, the Capital One SavorOne is a good credit card. It has a $0 annual fee and offers a decent rewards rate on purchases. Plus, it has some great perks like extended warranty protection and rental car insurance.
is capital one savor one metal?
No, Capital One SavorOne is not a u003ca href=u0022https://www.mycreditcardclub.com/custom-metal-credit-card/u0022 target=u0022_blanku0022 data-type=u0022postu0022 data-id=u002214330u0022 data-schema-attribute=u0022aboutu0022 rel=u0022noreferrer noopeneru0022u003emetalu003c/au003e card. It is a standard credit card made of plastic.
How to get approved for capital one savor
To get approved for the Capital One Savor card, you’ll need to have a good to excellent credit score. You can check your credit score for free on websites like Credit Karma or Credit Sesame. Once you know your score, you can apply for the Capital One Savor card online. u003cbru003eu003cbru003eThe application will ask for basic information like your name, address, and income. Once you submit your application, Capital One will likely give you a decision within a few days. If you’re approved, congratulations! If not, don’t worry – there are plenty of other great credit cards out there.u003cbru003eu003cbru003e
What is savor one capital one apr?
The Capital One APR of 0% on purchases and balance transfers for the first 15 months is a great way to save on interest. After the intro period, the variable APR will be 16.49% – 26.49%. There is also a 3% fee applied to amounts transferred in the first 15 months.
Does capital one savor have an annual fee
No, Capital One Savor does not have an annual fee.
is capital one savor a good credit card?
Yes, the Capital One SavorOne is a good credit card. It has no annual fee, a reasonable APR, and provides cash back on everyday purchases. It’s a good choice for people who want a simple cash-back card with no bells and whistles.
Does capital one savor one highest credit limit?
The Capital One SavorOne credit card starts at a $1,000 credit limit. However, the exact credit limit is based on a review of the applicant’s credit score. An applicant must have a credit score of 700+ in order to be eligible for the SavorOne card. The maximum credit limit for the SavorOne card is $10,000.
is capital one savor one a visa or MasterCard?
Capital One SavorOne is a Mastercard, not a Visa.
- As a personal finance and credit cards expert, I provide valuable insights and advice on budgeting, saving, investing, and debt management. I am also an expert on credit card rewards programs and help readers make informed decisions about which cards are right for them. My goal is to help people improve their financial literacy and make better financial choices.
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