Capital One SavorOne Cash Rewards Credit Card review: No annual fees and easy-to-earn rewards for foodies

Be rewarded for dining out AND shopping at grocery stores. This no-annual-fee card is designed with foodies in mind. With a sweet bonus opportunity and top-shelf rewards, you'll be happy to try out the newest restaurants and recipes.
author Brooklyn Lowery

Capital One SavorOne Cash Rewards Credit Card

Capital One SavorOne Cash Rewards Credit Card
Our Rating:   
Excellent, Good

CardRatings Editor's Analysis: Pros & Cons

  • Not only is there no annual fee and no foreign transaction fees, but there is an introductory 0% interest rate on purchases and balance transfers for the first 15 months (then, RegAPR; 3% fee on the amounts transferred within the first 15 months).
  • The cash-back rewards can add up fairly quickly without too much effort. The rewards won't expire for the life of the account, and there is no cap on how much you can earn.
  • You can earn a tasty one-time $200 cash bonus after spending just $500 in the first three months after opening your account.
  • This is an excellent no-annual-fee card for people whose spending is largely on food, whether dining out or shopping at grocery stores. If that isn't you, you'll want to search for a cash-back card with higher earn rates in other categories.
Terms and Limitations Apply.

If you love food (and admit it, you know you do), CardName is a card you could really sink your teeth into. This new card was designed with foodies and people with hefty grocery bills in mind with rewards earned on dining out, entertainment, and grocery purchases.

There are no rotating categories or sign-ups needed to earn cash rewards, cash back won't expire for the life of the account, and there's no limit to how much you can earn.

Plus, this card also offers 0% introductory APR for purchases and balance transfers made in the first 15 months (then, RegAPR; 3% fee on the amounts transferred within the first 15 months), so it's a great option if you've got a large purchase on the horizon, or an existing credit card balance, and need a bit of extra time to pay it off.


With the CardName you'll earn unlimited 3% cash back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart and Target), and 1% on all other purchases. Plus earn 8% cash back on entertainment purchases when you book through the Capital One Entertainment portal, unlimited 5% cash back on hotels and rental cars booked through Capital One Travel (terms apply) and 10% cash back on purchases made through Uber & Uber Eats, plus complimentary Uber One membership statement credits through 11/14/2024. As an added sweetener, there is no expiration on your rewards as long as your account is open and there's no limit on how much you can earn!

The CardName even offers an appetizer in the form of a one-time $200 cash-back bonus when you spend just $500 in the first three months after you open your account. Anyone with children, in particular, knows how quickly you can spend $500 at grocery stores or on restaurant outings alone. Or if you just love dining out or have a taste for gourmet foods, the cash-back rewards can add up in a hurry.

If you like your rewards in the form of merchandise or travel miles, you may want to look at other card options; however, if you like cold, hard cash, this is a nice addition to your wallet.

When it comes to redeeming your rewards, the CardName makes it mouthwateringly simple. There is no enrollment needed and no rotating categories to keep track of. Best of all, you can set your account so that you automatically redeem your cash reward once a year or when it hits a certain threshold (as low as $25). Or just redeem your rewards on a whim in any amount you’d like as a statement credit or check.

Top Features

3% Cash Back on dining and entertainment. 3% Cash Back on popular streaming services. 3% Cash Back at grocery stores. 1% Cash Back on all other purchases. Earn 8% cash back on Capital One Entertainment purchases
 Bonus Rewards
Earn a one-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening
 Annual Fee


According to Capital One, you'll need excellent credit to be approved for the CardName. Definitions of excellent credit can vary, but credit agency Experian says those with excellent credit usually have FICO scores of at least 800. Please note that this number can vary between different bureaus.

However, your credit score isn't necessarily the only thing being considered during an application review. Capital One defines excellent credit as never declaring bankruptcy, defaulting on a loan or being more than 60 days late on a payment. What's more, the company is looking to see if applicants have had a loan or credit card with at least a $5,000 credit limit for three years or more.


Have we mentioned the CardName annual fee yet? No? That's because there isn't one. That's right. Unlike other rewards cards which charge annual fees for the privilege of being a cardholder, Capital One isn't going to make you pay just to have this card in your wallet.

However, don't confuse the CardName with the Capital One® Savor®. There is an annual fee for the Savor® card after the first year, although you get enhanced benefits in exchange for the fee. We have more about how these cards stack up to each other in the comparison section below.


One valuable perk of the CardName is that it doesn't charge foreign transaction fees. Other cards may assess a fee that can tack on as much as 3% to your total bill if you pay in a foreign currency. However, foreign transactions come at no additional cost with this card.

While you can find plenty of other cards offering this benefit, many of those charge annual fees. The Capital One SavorOne card is notable because it doesn't charge an annual fee and still allows customers to make foreign transactions without it costing extra. That means foodie travelers can enjoy biryani in India, pastries in France and kimchi in Korea without supplmental fees. Plus, with the card's rewards program, there’s cash back earned on every meal.


If you are a person who tends to carry a substantial balance on your card, remember that the APR will jump to RegAPR after the 15-month 0% interest intro period; paying interest at that rate will dull the flavor of your cash-back rewards for sure.

Additionally, if you like to accumulate miles for travel or like to redeem your rewards for merchandise, the CardName is likely not the card for you. It's technically possible to redeem your rewards for things like gift cards, but it's really designed as a cash-back card and the value of redemption changes when you start looking at other redemption options.

Lastly, if you tend to spend quite a lot dining out or at the grocery store, paying the annual fee for the Savor® card might be worth it given that you’ll earn 4% back on your dining and entertainment purchases.


CardRatings conducts a survey annually to learn what actual cardholders think of their cards. Here are the results:

Current Scores Past Scores
Overall Score 84.5 78.3
Rewards Program Satisfaction 8.0 7.8
Customer Service 8.0 7.6
Website/App Usability 9.0 8.1
Likelihood of Continuing to Use 8.5 8.4
Recommend to a Friend/Colleague 8.4 7.9


CardName vs. CardName


If straightforward rewards earning is your forte, the CardName is worth your consideration. This card earns at least 1.5% cash back on every purchase, everywhere; plus, cardholders earn 5% on travel through Chase, 3% on dining at restaurants and 3% at drugstores. Additionally, new cardholders earn an extra 1.5% cash back on every purchase (up to $20,000 spent) during the first year, which is worth up to $300. And the Freedom Unlimited® card is able to provide all of this value with no annual fee.

The CardName also earns tiered rewards at a rate of 3% cash back on dining, entertainment, popular streaming services, and at grocery stores, and 1% on all other purchases. There's no annual fee, but the welcome bonus is the lower than the potential value offered by Freedom Unlimited®'s offer.

Both cards offer intro 0% APR on purchases for 15 months (then regular APR applies - RegAPR for Freedom Unlimited® and RegAPR for SavorOne).

CardName vs. CardName


If you prefer a no annual fee card that offers excellent cash back for dining, the CardName is a good option. Unlike the CardName, which has a $95 annual fee (the fee is waived in the first year of card membership), the SavorOne card has no annual fee. The SavorOne card earns 3% cash back on dining and entertainment purchases, on select streaming services, and at eligible grocery stores, and 1% on all other purchases. With a new cardmember bonus of $200 cash back after you spend $500 on purchases within the first three months from account opening, the SavorOne offers a lot of value for a no annual fee card.

On the other hand, the cash-back earning potential of the SavorOne on dining and entertainment is less than the Savor® card which earns 4% in these categories. The new cardmember bonus offered by the Savor® card is also higher than the SavorOne, with a one-time $300 cash bonus after you spend $3,000 on purchases within the first three months from account opening. For higher cash back earning potential and a larger new cardmember bonus, the Savor® card has the advantage.

CardName vs. CardName


If you have constant wanderlust and are looking for a card to help you to achieve your next dream vacation, the CardName could be just the right credit card for you. The Venture earns two miles on every purchase and has a one-time bonus of 75,000 miles once you spend $4,000 on purchases within three months from account opening, equal to $750 in travel. There's also the added travel perk of a $100 credit toward Global Entry or TSA PreCheck® membership when you use your Venture card to make the purchase. With all of the miles and perks offered by the Venture card, you can practically feel the tropical sand between your toes.

Unlike the CardName, the Venture card has a $95 annual fee, but it has no foreign transaction fees. Where SavorOne sets itself apart from Venture is in the dining and entertainment cash-back category. With 3% cash back earned on all dining and entertainment purchases, the SavorOne card has an edge if you're someone who goes out often. If you are more of a foodie and less of a traveler, the SavorOne card may be the better fit for you.


The CardName is designed for people who spend a good deal of money on food, either dining out or at the grocery store. If you dine out frequently, have a big family or enjoy gourmet foods, this is the card for you. That said, if you’re someone who REALLY likes to dine out, you could likely offset the annual fee of the Savor® card pretty quickly and earn at a higher rate while you do it.

But if you’re looking for a great no-annual-fee option and if you can see yourself spending at least $500 in the first three months, you can start to think about how you'd like to spend your one-time $200 cash bonus.

The CardName is well suited for people who like their rewards programs to be as simple as possible. There is no enrollment process and no rotating categories or complicated redemption process. Just set your account to your desired redemption preferences and start earning your rewards with each purchase.

Survey Methodology: CardRatings commissioned Op4G in September and October 2022 to conduct surveys among 1,554 cardholders nationwide. CardRatings website analytics from Jan. 1, 2022-Aug. 31, 2022 were used to determine a selection of the most popular cards and additional cards were included to add survey breadth. Responses to each of nine questions were given on a scale of 1-10 and respondents' scores were then averaged under broad topics. To determine the overall score, responses from questions 1-8 were summed and the answer to "How likely are you to recommend this card to a friend, coworker or family member?" was double weighted. "Current Scores" reflect scores from the most recent survey (2022); "Past Scores" reflect scores from the 2021 survey.

For Capital One products listed on this page, some of the above benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.

Capital One SavorOne Cash Rewards Credit Card Compared to Other Reward points Cards

Apply online for Citi Rewards+® Card
Citi Rewards+® Card
Apply online for American Express® Gold Card
American Express® Gold Card
3% Cash Back on dining and entertainment. 3% Cash Back on popular streaming services. 3% Cash Back at grocery stores. 1% Cash Back on all other purchases. Earn 8% cash back on Capital One Entertainment purchases 
Earn 2X ThankYou® Points at Supermarkets and Gas Stations for the first $6,000 per year and then 1X Points thereafter. Plus, earn 1X ThankYou® Points on All Other Purchases. 
Earn 4X Membership Rewards® Points at Restaurants, plus takeout and delivery in the U.S., and earn 4X Membership Rewards® points at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1X). Earn 3X Membership Rewards® points on flights booked directly with airlines or on 
Bonus Rewards
Earn a one-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening 
Bonus Rewards
Earn 20,000 bonus points after you spend $1,500 in purchases with your card within 3 months of account opening; redeemable for $200 in gift cards at  
Bonus Rewards
Earn 60,000 Membership Rewards® Points after you spend $4,000 on eligible purchases with your new Card within the first 6 months of Card Membership.  
Regular APR
19.24% - 29.24% (Variable) 
Regular APR
17.99% - 27.99% (Variable)  
Regular APR
See Pay Over Time APR  
Apply Now
Terms and Limitations Apply

Disclaimer: The information in this article is believed to be accurate as of the date it was written. Please keep in mind that credit card offers change frequently. Therefore, we cannot guarantee the accuracy of the information in this article. Reasonable efforts are made to maintain accurate information. See the online credit card application for full terms and conditions on offers and rewards. Please verify all terms and conditions of any credit card prior to applying.

This content is not provided by any company mentioned in this article. Any opinions, analyses, reviews or recommendations expressed here are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any such company. does not review every company or every offer available on the market.