Bottom Line

The Capital One SavorOne Card is a standout choice for individuals who relish dining out, attending events, and grocery shopping. With no annual fee, it offers compelling cash back rewards, particularly in key spending categories. The card’s impressive perks, coupled with its straightforward rewards structure, make it an appealing option for those seeking to maximize their cash back without the burden of an annual fee. Whether you’re a food enthusiast or someone who enjoys entertainment, the SavorOne Card provides a rewarding experience for everyday spenders.

At a glance

	Capital One® Savor One
Annual Fee	– $0
Sign up bonus	– Earn $200 as a one-time cash bonus once you spend $500 within 3 months of account opening.
Ongoing rewards	– Earn 5% Cash back on hotels and rental cars booked through Capital One Travel. – Earn 3% cash back on dining, entertainment, popular streaming services and at grocery stores. – Earn 1% cash back on every purchase and rewards don’t expire for the life of the account.
Foreign transaction fees	– No foreign transaction fees in any country outside of the U.S.
APR	– 0% Intro APR for 15 months on purchases and balance transfers; 19.99% – 29.99% variable APR after that.
Value of points redeemed	– 1 cent per dollar spent, while we estimate the value of miles redeemed with Capital One transfer partners at 1.4 cents.
Balance transfer fee	– Introductory fee of 3% of the amount of each transferred balance that posts to your account during the first 15 months that your account is open. After that, 4% of the amount of each transferred balance that posts to your account at a promotional APR that we may offer you at any other time. – None for transferred balances at the Purchase APR after the first 15 months that your account has been open.
Additional benefits	– Complimentary Concierge Service: Enjoy comprehensive, personalized assistance in dining, entertainment and travel—24 hours a day, 365 days a year. – Capital One Travel: Enjoy comprehensive, personalized assistance in dining, entertainment and travel—24 hours a day, 365 days a year.  Explore Capital One Travel. – 50% off Handcrafted Beverages: Capital One cardholders enjoy 50% off all handcrafted beverages everyday at any Capital One Café nationwide. Find your Café.

Detailed overview

The Capital One SavorOne Card presents an enticing option for individuals seeking robust cash back rewards, particularly in the realms of dining, entertainment, and grocery spending. With a generous 3% cash back on dining and entertainment, 2% cash back at grocery stores, and 1% cash back on all other purchases, this card caters to those who enjoy a diverse range of experiences. Boasting a no annual fee structure, it provides a cost-effective means of accumulating rewards.

Potential cardholders may benefit from an introductory 0% APR offer on purchases or balance transfers during the initial period. The card may feature a sign-up bonus, offering an additional incentive for new members. With the flexibility to redeem cash back through various avenues, and additional perks such as extended warranty protection and travel accident insurance, the Capital One SavorOne Card is designed to elevate the financial experience for those with good to excellent credit scores. Always check the latest terms and conditions for the most accurate information.

Benefits and Perks

5% cash back on travel + 3% cash back on dining

Whether your culinary preferences lean towards fine dining or fast food, the Capital One SavorOne Cash Rewards Credit Card offers extensive value. With expansive interpretations of “dining” and “entertainment,” this card stands out by not imposing limits on qualifying spending for higher rewards rates.

Moreover, there’s no minimum threshold for redeeming your rewards, setting it apart from some competitors. The determination of what qualifies as a “restaurant” or “theme park” is based on the merchant classification code assigned to the establishment where your card is used. If the merchant falls under Capital One’s defined codes for dining or entertainment, you’re eligible for a rewarding 3% cash back.

No annual fee

Seeing as most cashback cards that allow cash back for restaurants and travel come with steep annual fees, the benefit isn’t there if you aren’t spending thousands of dollars in the selected bonus categories.

Thankfully, with the Capital One SavorOne card, there is no annual fee. So, the monetary stress of spending enough to make the card worth it is non existent. Take a breath of fresh air and reap the rewards of this card freely!

Drawbacks and considerations

If dining is one of your main expenses, you can do better than the SavorOne card.

• If you’re a big spender : Amex Gold Card
• If you don’t cook much at home: U.S. Bank Altitude® Go Visa Signature® Card.
• If fast food is a major expense: U.S. Bank Cash+® Visa Signature® Card.
• If you spend most at grocery stores: Blue Cash Preferred® Card from American Express

How to decide if it’s right for you

Foodies and chasers of culinary experiences might consider reserving a spot in their wallets for the Capital One SavorOne Cash Rewards Credit Card. When it comes to earning rewards at restaurants and grocery stores, it stands out as a top choice among $0-annual-fee options.