Capital One Savor Cash Rewards Credit Card Review
Our Review
The Capital One Savor Cash Rewards Credit Card is one of the strongest no-annual-fee cash back cards for people who spend often on food, groceries, entertainment and streaming. At GuideForCards, we like that it keeps rewards simple while still offering high-value bonus categories that fit everyday spending. Cardholders can earn unlimited 3% cash back at grocery stores, dining, entertainment and popular streaming services, plus 1% back on other purchases. Grocery rewards exclude superstores like Walmart® and Target®.
New cardholders can earn a one-time $200 cash bonus after spending $500 on purchases within the first 3 months from account opening. The card also has a $0 annual fee and no foreign transaction fees, which makes it easier to keep long term without worrying about offsetting a yearly cost.
The card’s biggest strength is how well it covers common lifestyle categories. Dining, grocery stores, entertainment and streaming are all areas where many households spend regularly, and earning 3% cash back across these categories gives the Savor card broad everyday value. Unlike some cash back cards, there are no rotating categories or activation requirements to manage.
Travelers can also find extra value through Capital One Travel, where the card earns unlimited 5% cash back on hotels, vacation rentals, and rental cars booked through the portal. Entertainment fans get an even higher rate, with 8% cash back on Capital One Entertainment purchases.
The card also offers a 0% intro APR on purchases and balance transfers for 12 months, followed by a 18.49%–28.49% variable APR. A balance transfer fee applies, so it is still important to review the cost before moving a balance.
At GuideForCards, we recommend the Capital One Savor Cash Rewards Credit Card for food lovers, families, streaming subscribers and entertainment spenders who want strong cash back without paying an annual fee. It may not be the best fit if most of your spending is on gas, transit or general travel outside Capital One Travel, but for everyday dining, groceries and entertainment, it is one of the most practical cash back cards available.
Pros & Cons
Pros
- Earn unlimited 3% cash back on dining, groceries, entertainment and popular streaming services.
- Strong category coverage with unlimited rewards potential, especially when paired with a Capital One travel card.
- Get 8% cash back on Capital One Entertainment purchases.
- Earn 5% cash back on hotels, vacation rentals and rental cars booked through Capital One Travel.
- $0 annual fee, no foreign transaction fees, plus solid intro APR and welcome bonus offers.
Cons
- Everyday purchases outside bonus categories earn just 1% cash back.
- Missing some useful bonus categories, including gas, general travel and transit.
- Grocery rewards exclude wholesale clubs and superstores like Walmart®, Target® and Costco.
Reward Breakdown
Card Features
- Earn a $200 one-time cash bonus after spending $500 in the first 3 months.
- $0 annual fee and no foreign transaction fees.
- Earn unlimited 3% cash back on dining, entertainment, popular streaming services and grocery stores, excluding superstores like Walmart® and Target®.
- Earn 1% cash back on all other purchases.
- Earn 8% cash back on Capital One Entertainment purchases.
- Earn 5% cash back on hotels, vacation rentals and rental cars booked through Capital One Travel.
- No rotating categories or sign-ups required, and cash back does not expire while the account is open.
- 0% intro APR for 12 months on purchases and balance transfers, then a variable APR applies.
- Access a top-rated mobile app.
Capital One Savor Cash Rewards Credit Card