Capital One® Savor® Cash Rewards Credit Card at a Glance
- You'll be handsomely rewarded – to the tune of 4% cash back – on your dining out purchases (also your entertainment purchases). Perfect for on-the-go families and foodie singles alike.
- You also earn 2% back on your grocery store purchases and 1% on all your other purchases. There's no cap on the cash back you can earn and rewards won't expire for the life of the account.
- Feel free to take this card on your next global food tour – you won't be charged foreign transaction fees.
Capital One® Savor® Cash Rewards Credit Card Essentials
(This card is not currently available on CardRatings)
Raise your hand if you eat. We certainly hope your hand is in the air now and, assuming that it is, you should take a moment to get to know the Capital One® Savor® Cash Rewards Credit Card, a rewards credit card designed with people who eat in mind.
As an appetizer to the main rewards course, the Capital One® Savor® Cash Rewards Credit Card offers new cardholders the opportunity to earn a $300 cash-back bonus after spending $3,000 on purchases in the first three months from account opening. Did you catch that? A $300 cash-back bonus is rare – like, white truffles rare – and it's just the beginning of the cash back you can earn with this card.
Here's a quick look at the rewards structure for the Capital One® Savor® Cash Rewards Credit Card:
- Earn an unlimited 4% cash back on your dining and entertainment purchases,
- earn an unlimited 2% cash back at grocery stores
- and earn 1% cash back on all your other purchases.
With this card, dinner and a movie earns you 4% cash back as does a family bowling outing. In other words, just about anyone can see their cash-back rewards accumulate quickly with the Capital One® Savor® Cash Rewards Credit Card. In fact, most people should see those rewards accumulate quickly enough to offset the annual fee of $0 intro for first year; $95 after that.
And, just in case you're someone who loves a good seat at a concert or other event, you'll be interested to read that cardholders will also earn a whopping 8% cash back on tickets at Vivid Seats through May 2020.
All in all, the card offers a well-rounded experience for a number of types of spenders, but foodies should especially give it a try.
What Our Editors Like Most about the Capital One® Savor® Cash Rewards Credit Card
The Capital One® Savor® Cash Rewards Credit Card provides good value for a number of different lifestyle and spending habits thanks to its high rewards rate in both dining out and entertainment (4% cash back on those purchases) and shopping at grocery stores (2% back there). That means your gastropub crawl and your five-course homemade feast can both bring in solid cash-back rewards. Furthermore, if your food adventures happen to take you abroad, you'll appreciate that you won't be paying foreign transaction fees on your croissant and coffee at a French cafe or on your baguette, cheese and wine for a picnic in the shadow of the Eiffel Tower.
The key with any good cash-back card is deciding whether the rewards you earn are enough to offset any annual fee, which involves assessing your spending habits to ensure they already align with the card's reward categories. The annual fee for the Capital One® Savor® Cash Rewards Credit Card is $0 intro for first year; $95 after that, which is nothing to sneeze at; however, if you spend just $100 each month dining out and $200 each month in groceries, you'll completely offset that fee. And, since you're taking the time to read about a credit card geared toward dining out, entertainment and grocery store purchases, we're guessing you probably spend a bit more than that.
Also, that amazing welcome bonus bears repeating: Earn $300 cash back after you spend $3,000 on purchases in the first three months from account opening. That, of course, is in addition to the cash back you'll earn just by spending that $3,000. It's not a bad way to start a relationship with a credit card.
When it comes to extras, you'll probably also like that you can earn 8 percent cash back on your Vivid Seats ticket purchases through May 2020. Plus, Capital One cardholders enjoy access to premium experiences in dining, entertainment and more, which means there's really no telling where your card can take you.
Who Should Get the Capital One® Savor® Cash Rewards Credit Card
Enjoy a good dinner with friends? How about happy hour drinks after work? Maybe you're all about experimenting with the latest cooking techniques in your own kitchen? Bottom line, you have to eat, and this card is equipped to reward you handsomely for doing that. The icing on the cake is that the Capital One® Savor® Cash Rewards Credit Card also rewards you with 4% back on your entertainment purchases, so dinner is really just the beginning of your rewarding experiences.
As long as you spend a fair amount of money dining out and on entertainment, as well as some money on grocery store purchases, you stand to benefit nicely from this card, and it shouldn't take any time at all to offset the annual fee.