Capital One Savor Cash Rewards Credit Card
vs. Capital One Walmart Rewards® Mastercard®

Updated: June 18, 2024

Advertising & Editorial Disclosure

Shield Insurance

MoneyGeek partners with leading industry experts and advertisers to help you get to your financial happy place. Our content is accurate when posted but offers may change over time. We may receive compensation for partner advertisements, but our editorial team independently reviews and ranks products. Learn more about our editorial policies.

Both the Capital One Savor Cash Rewards Credit Card and the Capital One Walmart Rewards® Mastercard® offer enticing cash back rewards, making them strong contenders for anyone looking to optimize their credit card benefits. The Savor card edges ahead with its higher cash back on a broad range of everyday categories, making it a compelling choice for those who frequently spend on dining and entertainment. While the Savor card may have an annual fee, its generous sign-up bonus and high reward rates on popular spending categories can offset that cost for many users.

As a store card, the Walmart Card offers high cash back rates on Walmart.com and is particularly rewarding for avid Walmart shoppers. With its lower credit score requirement, the Walmart Card is also more accessible to a wider range of consumers.

Credit Card logo for Capital One Savor Cash Rewards Credit Card
Capital One Savor Cash Rewards Credit Card
Credit Card logo for Capital One Walmart Rewards® Mastercard®
Capital One Walmart Rewards® Mastercard®
MoneyGeek Rating
4.3/ of 5
MoneyGeek Rating
4.3/ of 5

  • Regular APR
    19.99%–29.99% Variable
    19.48%, 19.48%, or 29.99% variable
    0% APR Offer
    -
    -
    Intro Offer
    Earn $300 Cash Bonus
    Earn 5% Cash Back
    Rewards Summary
    Earn 1 to 4% cash back
    -
    Balance Transfer Offer
    -
    -
    Balance Transfer Fee
    None
    3% of the amount of each transferred balance that posts to your account at a promotional APR that we may offer you
    Annual Fee
    $95
    $0
    Recommended Credit
    Good to Excellent (670–850)
    580-740 (Fair to Good)
    Penalty APR
    -
    -
    Not sure?

Which Card Is Better for You?

You might prefer the Savor card if you frequently dine out or spend on entertainment and streaming services. The 4% cash back in these categories and 3% at grocery stores can offset the $95 annual fee if these are your primary spending areas.

You might prefer the Walmart Card if you're a regular Walmart shopper, particularly online. With 5% cash back on Walmart.com and a generous 2% on Walmart in-store purchases when using Walmart Pay, this card maximizes rewards for loyal Walmart customers without charging an annual fee.

Head-to-Head Comparison: Card Details and Features

Evaluating APRs, fees, credit requirements, rewards, introductory offers, and additional features will help you determine which card best suits your spending. Specifics like Savor's $95 annual fee vs. Walmart Card's $0 fee or the 4% cash back on dining with Savor against Walmart Card's 5% on Walmart.com purchases are pivotal in this decision.

    discount icon

    Regular APR: Walmart Card

    For those prioritizing a lower regular APR, the Walmart Card edges out slightly with a minimum APR of 19.48%, compared to the Savor card's minimum of 19.99%.

    annualFee icon

    Annual Fee: Walmart Card

    The Walmart Card is better for those looking to avoid annual fees, as it has no annual fee compared to the Savor card's $95 annual fee.

    lowInterestAPR icon

    Introductory 0% APRs: Tie

    Neither the Savor nor the Walmart Card offers an introductory 0% APR on purchases or balance transfers. For those prioritizing introductory APR offers, consider exploring cards with 0% APR.

    coins icon

    Rewards: Walmart Card

    For rewards, the Walmart Card is better for frequent Walmart shoppers, offering 5% cash back on Walmart.com and an introductory 5% in store with Walmart Pay. The Savor card excels with 4% cash back on dining, entertainment and streaming services and 3% at grocery stores. Both cards cater to different spending habits, making the Walmart Card ideal for Walmart loyalists and the Savor card for those with broader spending.

    rewards icon

    Welcome Offers: Savor

    The Savor card offers a better welcome bonus, featuring a $300 cash bonus after spending $3,000 within three months, compared to the Walmart Card's 5% cash back in Walmart stores for the first 12 months when using Walmart Pay. The Savor's offer provides a clear, upfront value with a higher return on investment.

    creditApproved icon

    Recommended Credit Score: Walmart Card

    The Walmart Card is more accessible, catering to those with credit scores from 580 to 740 (fair to good), compared to the Savor card's requirement of 670 to 850 (good to excellent).

    autopay icon

    Penalties and Fees: Walmart Card

    The Walmart Card edges out slightly better for penalties and fees, with a lower late fee of up to $39 than the Savor's fee of up to $40. The Walmart Card also has a more favorable cash advance fee structure. Both cards do not charge foreign transaction fees.

    points icon

    Issuer Satisfaction: Tie

    Since both cards are issued by Capital One, they share the same issuer satisfaction rating of 4.2. This makes issuer satisfaction a tie between the two.

    airplane icon

    Other Features & Perks: Tie

    Both the Savor and Walmart Card offer unique perks. The Savor card provides access to Capital One’s premium services like 24/7 customer service, complimentary concierge and exclusive access to dining, travel, shopping and entertainment portals. On the other hand, the Walmart Card offers $0 Fraud Liability, which means you are not liable for unauthorized charges.

Rewards Comparison

The Savor card offers a robust 4% cash back on dining and entertainment, plus 3% cash back on groceries. With an expected reward value of $580 and a 4.76 effective reward rate, it's a strong contender for those expenses. While the Savor card has a $95 annual fee, its higher reward rates in key categories might offset that cost for some users.

However, the no-annual-fee Walmart Card is not to be overlooked, especially for loyal Walmart shoppers. Its most compelling bonus category is the 5% cash back on Walmart.com, which includes pickup and delivery, making it a solid choice for online Walmart purchases. The card also offers 2% cash back on in-store Walmart purchases, restaurants and travel, which can add up for frequent Walmart customers. The Walmart Card's additional perks for shopping at Walmart, such as the introductory offer of 5% cash back in Walmart stores when using Walmart Pay for the first 12 months, enhance its appeal for those who prioritize shopping at this retailer.

Review the table below to compare the bonus categories of both cards.

Category
Savor
Walmart Card

Dining

4%

2%

Entertainment and Streaming Services

4%

1%

Grocery Stores

3%

1%

Walmart.com Purchases

1%

5%

Walmart Stores and Fuel Stations

1%

2%

Redeeming Rewards

The Savor card offers cash back redemption via check or statement credit, with the assurance that rewards do not expire as long as the account remains open.

The Walmart Card extends redemption options to include purchases on Walmart.com, travel and gift cards, in addition to cash back and statement credits.

Both cards offer flexibility without the worry of losing rewards due to expiration.

Methodology

MoneyGeek's ranking process evaluates credit cards like the Savor and Walmart Card for various use cases, including cash back, where both cards score highest.

The evaluation considers factors such as the effective reward rate and the return on investment for offers. Other considerations include annual fees, introductory purchase rates and issuer satisfaction. For a detailed understanding of our ranking process, you can explore our ranking methodology.

FAQ: Savor vs. Walmart Card

What are the annual fees for the Savor card and Walmart Card?
Which card offers better cash back rewards for dining out?
Can I earn cash back on Walmart purchases with both cards?
What are the sign-up bonuses for each card?
Are there foreign transaction fees for either card?

About Doug Milnes, CFA


Doug Milnes, CFA headshot

Doug Milnes is a CFA charter holder with over 10 years of experience in corporate finance and the Head of Credit Cards at MoneyGeek. Formerly, he performed valuations for Duff and Phelps and financial planning and analysis for various companies. His analysis has been cited by U.S. News and World Report, The Hill, the Los Angeles Times, The New York Times and many other outlets.

Milnes holds a master’s degree in data science from Northwestern University. He geeks out on helping people feel on top of their credit card use, from managing debt to optimizing rewards.


*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, credit card issuer, hotel, airline, or other entity. Learn more about our editorial policies and expert editorial team.
Advertiser Disclosure: MoneyGeek has partnered with CardRatings.com and CreditCards.com for our coverage of credit card products. MoneyGeek, CardRatings and CreditCards.com may receive a commission from card issuers. To ensure thorough comparisons and reviews, MoneyGeek features products from both paid partners and unaffiliated card issuers that are not paid partners.