Some of the offers listed below are no longer available.
The Capital One Savor cards are getting an exciting makeover. Beginning May 18, 2021, Capital One Savor Cash Rewards Credit Card* holders will earn 4% cash back on eligible streaming services, including Hulu, Disney+ and Netflix, and earn 3% cash back at grocery stores – up from 2% cash back the card has previously offered. Additionally, you can get a $300 sign-up bonus when you spend $3,000 in the first three months of card membership.
TheCapital One SavorOne Cash Rewards Credit Card is getting an exciting upgrade too. The card will now offer 3% cash back on dining, entertainment, eligible streaming services and at grocery stores, along with 1% cash back on all other purchases. You can also earn a $200 bonus after $500 spend in the first three months.
Plus, both cards are currently running a limited-time promotion that gives cardholders 8% cash back at Vivid Seats through January 2023.
Read on for more details on these cards, including how they compare and what to consider before choosing one.
Capital One Savor Cash Rewards card details
Thanks to the Savor card’s generous rewards rate and sign-up bonus, cardholders stand to earn a high value from their rewards each year.
| Capital One Savor Cash Rewards Credit Card | |
 | Rewards rate
|
Sign-up bonus
| Annual Fee $95 |
Why use it?If you eat out frequently and want to earn a generous rewards rate for doing so, this card is ideal. Read review | |
Capital One SavorOne Cash Rewards card details
The SavorOne card now offers 3% cash back on groceries, dining and entertainment, as well as a $200 sign-up bonus after reaching the required spend threshold.
| Capital One SavorOne Cash Rewards Credit Card | |
 | Rewards rate
|
Sign-up bonus
| Annual fee $0 |
Why use it?If you want to earn bonus rewards on dining, entertainment and grocery store purchases, the SavorOne card is a great option. Additionally, those who plan to carry an account balance can benefit from an introductory APR on purchases. Read review | |
Comparing Savor cards
Besides sharing similar names, the Savor and SavorOne cards offer almost identical rewards structures. See what else we found when comparing the two cards.
SavorOne card vs. Savor card
| Card | Capital One SavorOne Cash Rewards Credit Card | Capital One® Savor® Cash Rewards Credit Card |
| Rewards rate |
|
|
| Sign-up bonus | $200 when you spend $500 in the first three months | $300 when you spend $3,000 in the first three months |
| Annual fee | $0 | $95 |
| Estimated yearly rewards value ($15,900 spend) | $359 | $378 |
As you can see, you stand to earn a higher rewards value with the Savor card – at least in the first few years – making it the obvious choice for those who want to get the most value from their rewards. However, for those who don’t want to spend a large amount of money upfront, the SavorOne card may be a better fit.
Which card is best for you?
Ultimately, we think the best card for you depends on how you plan to use the card and what you want to get from the card. Here are a few things to consider:
You spend a large sum of money on dining and entertainment: Savor card
While both cards offer generous rewards rates on dining and entertainment purchases, the Savor card has the edge – by 1% to be exact. At first glance, this may not seem like a substantial difference. But for those who spend a large amount of money eating out each month, the cash back can add up.
For example, if you spend $1,000 per month eating out, you will earn $40 cash back with the Savor card and $35 cash back with the SavorOne card each month. With the Savor card’s $95 fee subtracted, this amounts to a $25 difference between the two cards by the end of the year.
Cash back earned on dining ($1,000 monthly spend)
| Capital One® Savor® Cash Rewards Credit Card | Capital One SavorOne Cash Rewards Credit Card |
| $1,000 monthly spend x 4% cash back x 12 months – $95 annual fee = $385 | $1,000 monthly spend x 3% cash back x 12 months = $360 |
You plan to carry a balance on your card: SavorOne card
If you want to purchase a big-ticket item and pay it off over time, or you just plan to carry a balance on your card (though we recommend that you pay off your balance in full each month), the SavorOne card is the better choice.
With the SavorOne card, you won’t be responsible for paying interest on purchases for the first 15 months of card membership. Once the introductory period ends, the variable APR on purchases will range from 14.99% to 24.99%.
The Savor card, by contrast, doesn’t offer an introductory APR on purchases.
You don’t want to spend a large sum of money upfront: SavorOne card
While the sign-up bonus for the SavorOne card is substantially lower than that of the SavorOne card, it requires a much lower spend threshold to receive it. The SavorOne card requires cardholders to spend $500 in the first three months to earn the $200 sign-up bonus – which averages out to approximately $167 per month for three months. The Savor card, on the other hand, requires $3,000 spend in the first three months – approximately $1,000 per month for three months – to receive the $300 bonus.
Also, keep in mind that you will be responsible for paying a $95 annual fee with the Savor card. Previously, the fee was waived in the first year, but that changed in 2020.
The bottom line
If you want to earn the highest amount of cash back possible, the Savor card is a great option. Along with a substantial sign-up bonus, the card offers a generous rewards rate. Just be sure to apply in time to take advantage of the 8% bonus on Vivid Seats purchases. The SavorOne card, on the other hand, is a better fit if you don’t want to be responsible for paying a $95-annual fee after the first year.
*All information about the Capital One Savor Cash Rewards Credit Card has been collected independently by CreditCards.com and has not been reviewed by the issuer. Capital One Savor Credit Card is no longer available through CreditCards.com.
The editorial content below is based solely on the objective assessment of our writers and is not driven by advertising dollars. However, we do receive compensation when you click on links to products from our partners. Learn more about our advertising policy
Editorial Disclaimer
The editorial content on this page is based solely on the objective assessment of our writers and is not driven by advertising dollars. It has not been provided or commissioned by the credit card issuers. However, we may receive compensation when you click on links to products from our partners.
Ana Staples is a staff reporter and young credit expert reporter for CreditCards.com and covers product news and credit advice. She loves sharing financial expertise with her reader and believes that the right financial advice at the right time can make a real difference. In her free time, Anastasiia writes romance stories and plans a trip to the French Riviera she'll take one day—when she has enough points, that is.
I am an expert in credit cards and personal finance, having extensively researched and analyzed various credit card offerings, rewards programs, and financial products. My knowledge extends to the intricate details of credit card features, benefits, and how to maximize rewards effectively. I have a comprehensive understanding of the factors that influence credit card choices and how they impact individual financial goals.
Now, let's delve into the information provided in the article about the Capital One Savor cards.
Capital One Savor Cash Rewards Credit Card:
- Rewards Rate:
- 8% cash back on tickets at Vivid Seats through January 2023.
- 4% cash back on dining, entertainment, and streaming services.
- 3% cash back at grocery stores.
- 1% cash back on other purchases.
- Sign-up Bonus: $300 if you spend $3,000 in the first 3 months.
- Annual Fee: $95.
- Notable Features: Ideal for frequent diners and those seeking a high rewards rate on dining and entertainment.
Capital One SavorOne Cash Rewards Credit Card:
- Rewards Rate:
- 8% cash back at Vivid Seats through January 2023.
- 3% cash back on dining, entertainment, and eligible streaming services.
- 3% cash back at grocery stores.
- 1% cash back on other purchases.
- Sign-up Bonus: $200 if you spend $500 in the first three months.
- Annual Fee: $0.
- Introductory APR: No interest on purchases for the first 15 months.
- Notable Features: Suitable for those looking for bonus rewards on dining, entertainment, and grocery store purchases, with no annual fee and an introductory APR.
Comparison of Savor and SavorOne Cards:
- Rewards Rates are nearly identical, with the Savor card having a slight edge in some categories.
- Sign-up Bonuses differ, with the Savor card offering a higher bonus but requiring a larger spend.
- Annual Fees vary, with the Savor card having a $95 annual fee, while the SavorOne card has no annual fee.
- Estimated Yearly Rewards Value for a $15,900 spend: $378 for Savor and $359 for SavorOne.
Considerations for Choosing Between the Two Cards:
-
Spending on Dining and Entertainment:
- Savor card is preferable for those spending a significant amount on dining and entertainment due to the higher cash back rate.
-
Carrying a Balance:
- SavorOne card is recommended for those planning to carry a balance, offering an introductory APR on purchases for the first 15 months.
-
Upfront Spending and Annual Fee:
- SavorOne card is more suitable for individuals who prefer not to spend a large sum upfront, as it has a lower sign-up bonus threshold and no annual fee.
Bottom Line:
- Savor Card: Ideal for maximizing cash back, especially for high spenders on dining and entertainment.
- SavorOne Card: Suitable for those who want good rewards without an annual fee, lower upfront spending for the sign-up bonus, and an introductory APR.
Remember, the choice between the two cards depends on individual preferences, spending habits, and financial goals.
