Capital One SavorOne Cash Rewards Credit Card review

Capital One SavorOne Cash Rewards Credit Card review

Updated: November 15, 2022

Partner Offer: carefully review product terms on Capital One's site before applying

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Updated: November 15, 2022

Partner Offer: carefully review product terms on Capital One's site before applying

Apply now
Ratings Policy
Cash Back Rating:
4.9 rating
4.9 rating
4.9 / 5
Rewards Value:4.3
Annual Percentage Rate:1.0
Rewards Flexibility:4.8
Issuer Customer Experience4.0

In a Nutshell:

The SavorOne card offers a good rewards rate for cardholders who spend a heavy amount on food, but most cardholders are probably better off searching for a card with a flat 2% rate.

Learn more about this card

Rewards Rate

  • 5% cash back on hotels and rental cars booked through Capital One Travel
  • 3% cash back on dining
  • 3% cash back on entertainment
  • 3% cash back at grocery stores
  • 3% cash back on popular streaming services
  • 8% cash back on Capital One Entertainment purchases
  • 1% cash back on other purchases
Very Good

Sign-up Bonus
$200 if you spend $500 in first 3 months


Annual Bonus


Annual Fee


Average Yearly Rewards Value ($1,325 monthly spend)


17.99% - 27.99% (Variable)


Rewards redemption

  • Rewards don’t expire for the life of the account
  • No cash back limits
  • Redeem cash back for statement credit, check or gift cards
  • Redeem any amount at any time
  • Convenient automatic redemption options: annually, or when you reach a specific threshold ($25, $50, $100 or $200)
  • May be eligible to transfer rewards between some accounts


  • Not redeemable for merchandise or airline travel

Capital One Customer Service Ratings

  • J. D. Power 2020 customer satisfaction rating: 808 (40% of issuers in this category ranked higher)
  • 24/7 customer service?: Yes
  • Online chat available?: Yes
  • Google Play Store mobile app rating: 4.8/5
  • Apple Store mobile app rating: 4.7/5
Very Good

Other Notable Features: No foreign transaction fee, car rental insurance, roadside assistance, complimentary concierge service, extended warranty, price protection, ID theft services, emergency card services, contactless card technology

Capital One SavorOne Cash Rewards Credit Card review: More Details

The Capital One SavorOne card is a top pick for foodies, rewarding both dining in and eating out with a generous rate of cash back on both restaurant and grocery store purchases. Plus, it doesn’t charge an annual fee.

Earning rate

The earning rate on the SavorOne card is clearly designed with foodies in mind. Cardholders earn 3% cash back on dining and entertainment purchases (such as concerts or movie tickets), 3% cash back at grocery stores (excluding superstores like Walmart® and Target®), 3%back on popular streaming services and 1%cash back on other purchases. Plus, you can earn 5% cash back on hotels and rental cars booked through Capital One Travel and 8% back on Capital One Entertainment purchases. For users who spend a lot in these categories, this is a great rewards rate for a card with no annual fee. It also makes a great pair to a flat rate card for users who don’t mind weighing their spending to different bonus categories.

Tip: For cardholders who are less worried about paying a high annual fee who want to maximize dining rewards, the Citi Prestige card offers the highest rewards rate currently available on those purchases. However, its high $495 annual fee means it might be out of reach for some.

See Related: Capital One Savor cards compete with top grocery cards

However, more modest spenders – or cardholders who want to put all of their purchases on one card – might get a bit more value out of a card that offers a flat rate of cash back or different bonus categories. Based on average consumer spend (determined by the Bureau of Labor Statistics), we estimate the SavorOne earns an average of 2.41% cash back, one of the best rates you can find. This could even beat out the Citi® Double Cash Card, which earns up to 2% cash back on every purchase – 1% when you buy and an additional 1% for paying your bill on time.

Many of these cards with a higher average rewards rate charge a higher annual fee, so you’ll have to consider how that fits into your budget before jumping at an impressive rate.

See relatedBest fixed bonus category cash back cards

Sign-up bonus

For cardholders who spend at least $500 in the first three months, the SavorOne card comes with a $200 sign-up bonus. This is a solid  introductory offer given the relatively low spending requirement and matches competitive offers from other no annual fee cash back cards like the Chase Freedom Flex.

The current SavorOne sign-up bonus is also up $50 from the card’s previous offer, making now a great time to apply.

Redeeming cash back

The SavorOne card has one of the most flexible redemption setups available among cash back cards. There is no minimum required to redeem, and you can opt for a statement credit, check or gift card. You can also set up automatic redemptions, either once per year or at a set threshold.

These features make it easy to use your cash back. While you can’t use rewards for travel purchases, you can always redeem for a statement credit to cover the cost.

Intro APR for new purchases and balance transfers

The SavorOne offers a generous interest-free period on new purchases and balance transfers: Get a 0% intro APR on purchases and balance transfers for 15 months, with a 17.99% to 27.99% variable APR thereafter. With balance transfers there is typically a fee associated and the SavorOne charges a 3% fee on the amounts transferred within the first 15 months. This 15 month intro period makes the card a great option for cardholders looking to finance a large purchase with time to pay it down or pay down a large debt. You’ll have over a year to make steady payments before accruing interest. Just be sure not to charge more than you can pay off and have a plan to pay off that debt in the introductory period, as the ongoing APR can be high.

Other benefits

For a card with no annual fee, the SavorOne comes with a decent set of additional perks that can help users save money while shopping and traveling. Here’s a quick look at some of the most valuable benefits:

  • No foreign transaction fee – Less common among cash back cards, the SavorOne doesn’t charge a fee on foreign transactions, boosting its appeal for travelers.
  • Car rental insurance – For car rentals booked and paid with your card, you can receive secondary coverage in the case of damage or theft.
  • Extended warranty –Double qualifying manufacturer’s warranties of 24 months or less.
  • Price protection – If you purchase an eligible item with your SavorOne and find a better price in the next 120 days, you can be reimbursed for the difference.

All of these benefits can save you a lot of money when you travel or shop, so you should put major purchases on the card to take advantage of its protections.

Capital One SavorOne vs. Capital One Savor

If you are looking to maximize your food rewards, Capital One offers what could be an even more rewarding card for food purchases – the Capital One Savor Cash Rewards Credit Card*. Compared with the SavorOne, the Savor card offers a larger intro bonus, a slightly higher rate of cash back and a few additional perks, but it comes with a $95 annual fee.

The Savor card offers 4% cash back on dining, entertainment and popular streaming services, 3% cash back at grocery stores and 1% cash back on other purchases. Like SavorOne card, the card also offers 8% cash back on purchases through Capital One Entertainment. It also comes with a $300 sign-up bonus for users who spend $3,000 in the first 3 months. While the bonus on the Savor is certainly more generous than the SavorOne, the cash back rate is not much higher, and any extra cash back you earn would need to be weighed against the card’s cost.

To decide which of these two cards is best for you, you’ll need to consider how much you spend on dining and entertainment each year as well as the value of additional perks. For more modest spenders, the SavorOne card’s lack of an annual fee means you’ll probably still earn more in rewards.

For example, a cardholder who spends $15,900 total on their card each year, with $2,862 on dining and entertainment purchases and $3,657 at grocery stores is better off with the SavorOne.

Estimated rewards on $15,900 annual spend

Capital One SavorOne cardCapital One Savor card
(3% x $2,862 on dining and entertainment) + (3% x $3,657 at grocery stores) + (1% x $9,381 on other purchases) = $289(4% x $2,862 on dining and entertainment) + (3% x $3,657 at grocery stores) + (1% x $9,381 on other purchases) – $95 annual fee = $223

Approval odds

The SavorOne card is designed for users with good to excellent credit (above 670), so you’ll want to ensure you meet those qualifications before you apply. If you are worried about meeting the criteria and want to avoid a hard pull on your credit score, you can take advantage of tools like CardMatch™ to see if you pre-qualify for the offer.

Capital One also limits the number of cards you can have open at a time, so if you already have 5 or more open credit cards with the bank, you might not be eligible for this card. Additionally, you cannot apply for a Capital One credit card more than twice in a 30-day period.

Customer service

Among major issuers, Capital One has a good – but not great – customer service reputation. In J.D. Power’s 2020 customer satisfaction survey, the bank scored 808, ranking fifth out of 11 credit card issuers. While Capital One does offer 24/7 customer service and an online chat feature, the chat service is difficult to find on the website.

On the plus side, the Capital One app rates well among users, rating 4.8 out of 5 in the Google Play Store and 4.7 out of 5 in the Apple App Store.

How does the SavorOne compare to other cash back cards?

While the SavorOne card is a great choice for users who spend a lot on restaurant and grocery store purchases, it might not make sense for every kind of spender. Here are a few popular cash back alternatives:

Citi Double Cash Card
Citi® Double Cash Card
Citi Custom Cash card

Citi Custom Cash℠ Card

Bank of America Cash Rewards Card

Bank of America® Customized Cash Rewards credit card

Rewards rate

  • 1% cash back on general purchases
  • 1% additional cash back as you pay for those purchases
Rewards rate

  • 5% cash back on purchases in your top eligible spend category each billing cycle, up to the first $500 spent, 1% cash back thereafter
  • 1% cash back on all other purchases
Rewards rate

  • 3% cash back on category of your choice (gas, online shopping, dining, travel, drugstores or home improvements and furnishings)
  • 2% cash back on grocery store and wholesale club purchases
  • $2,500 combined limit on 2% and 3% categories each quarter
  • 1% cash back on other purchases
Sign-up bonus


Sign-up bonus

$200 cash back after you spend $1,500 on purchases in the first 6 months of account opening (fulfilled as 20,000 ThankYou® Points, which can be redeemed for $200 cash back)

Sign-up bonus

$200 online cash rewards if you spend $1,000 in first 90 days

Annual fee


Annual fee


Annual fee


Other things to know

  • Long intro APR on balance transfers
  • Rewards expire if not used over 12 months
Other things to know

  • No minimum for most cash back redemptions
  • Can pool rewards with other Citi ThankYou cards
  • Includes cellphone protection
Other things to know

  • No rewards options besides cash back
  • Change your choice category once per calendar month
  • View spending snapshot each month to help choose a bonus category
  • Redeem cash back as a deposit, statement credit and more

Citi Double Cash Card

For cardholders who prefer to earn a flat rate of cash back on every purchase, the Citi Double Cash Card is one of the highest earning options available. Users earn 1% cash back on every purchase, plus an additional 1% cash back as they pay for those purchases. That means each purchase can earn you up to 2% cash back.

If you only spend a moderate amount on dining out, putting all your purchases on one great flat rate card might make more sense for you. You won’t have to worry about keeping track of bonus categories or weighing spending.

Citi Custom Cash℠ Card

Several of the Citi Custom Cash card’s eligible bonus categories overlap with the SavorOne card’s, but depending on your spending habits, the Custom Cash could give you even more rewards value and flexibility. That’s because this card automatically gets you 5% back in whichever category you’ve spent the most in each billing cycle (on up to $500 in spending per billing cycle, then 1%). Eligible categories include restaurants, gas stations, grocery stores, select travel, select transit, select streaming services, drugstores, home improvement stores, fitness clubs and live entertainment. Since your cash back automatically adjusts based on your spending each billing cycle, you can be a bit more strategic about when you make certain purchases to maximize your rewards. It makes for an especially good card to pair with another cash back card and fill any gaps in your rewards strategy.

Bank of America Customized Cash Rewards credit card

A popular choose-your-bonus-category rewards card, the Bank of America Cash Rewards credit card offers 3% cash back in a category of your choice (including gas, online shopping, dining, travel, drugstores or home improvements and furnishings) and 2% cash back on grocery store and wholesale club purchases (on up to $2,500 in combined purchases each quarter on 2% and 3% categories). While this card’s rate on groceries is lower than the SavorOne card’s it offers extra flexibility by allowing you to switch your 3% cash back category once per month.

Why get the SavorOne card?

  • You frequently dine out and want to take advantage of the card’s bonus on dining purchases.
  • You prefer cash back to points or miles.
  • You are looking for a decent intro APR on new purchases and balance transfers.

How to use the SavorOne card:

  • Spend at least $500 in the first three months to earn the sign-up bonus.
  • Use the card to pay for all dining, entertainment, popular streaming services and grocery store purchases.
  • If you take advantage of the intro APR to finance a large purchase or transfer a debt, be sure to make a plan to pay it off in the first 15 months to avoid interest.
  • Pair the SavorOne card with the Capital One Quicksilver Cash Rewards Credit Card to earn extra cash back on purchases that don’t fall in the SavorOne’s bonus categories.

Is the SavorOne card worth it?

If you spend a lot of money on food, whether eating out or cooking for yourself, the SavorOne card has a great cash back rate on those purchases. Plus, it comes with generous travel benefits for a card with no annual fee. However, cardholders who prefer to put all their spending on one card might be better off opting for a card with a flat rate of cash back.

Our reviews and best card recommendations are based on an objective rating process and are 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

All reviews are prepared by staff. Opinions expressed therein are solely those of the reviewer and have not been reviewed or approved by any advertiser. The information, including card rates and fees, presented in the review is accurate as of the date of the review. Check the data at the top of this page and the bank’s website for the most current information.

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Partner Offer: carefully review product terms on Capital One's site before applying

Apply now