The Capital One Savor Cash Rewards Credit Card offers $250 cash bonus once you spend $500 on purchases within the first 3 months from account opening.
Update 10/30/24: The Capital One SavorOne is now the Capital One Savor Cash Rewards Credit Card. For a limited time, earn a $250 cash bonus once you spend $500 on purchases within the first 3 months from account opening.
Capital One Savor Cash Rewards Credit Card Summary
The Capital One Savor Cash Rewards Credit Card offers a one-time $250 cash bonus once you spend $500 on purchases within the first 3 months from account opening. 0% intro APR on purchases and balance transfers for 15 months; 19.74% - 29.74% variable APR after that; balance transfer fee applies You'll earn: • 3% Cash Back at grocery stores (excluding superstores like Walmart and Target), on dining, entertainment and popular streaming services. • 5% Cash Back on hotels and rental cars booked through Capital One Travel (terms apply). • 8% Cash Back on Capital One Entertainment purchases. • 1% Cash Back on all other purchases. This card comes with no annual fee and no foreign transaction fees. |
Conclusion
The Capital One Savor Cash Rewards Credit Card is unique in its way to offer generous cash back rate with no annual fee. It’s a strong option in the cash back credit cards marketplace. The bonus categories it offers has very broad definitions, so there are plenty of places to use your card. Of course, there are other credit cards that offer better rewards but they generally come with an annual fee.
It also comes with World Elite Mastercard benefits that can be very useful when traveling. This is an upgrade from the standard World Mastercard benefits, so cardholders should be sure to take advantage of it.
Overall, the card is a good choice to earn a good amount of cash back on food at no annual fee. Thus, your rewards can potentially be all profit. In addition, if you’re interested in other earning categories or you don’t go out often, check out other credit card promotions and other Capital One credit cards you can find here on BCS!