What is the average credit score needed to get approved for Capital One SavorOne Cash Rewards Credit Card?

You need to have an excellent credit score to be eligible for this card.

Does Capital One SavorOne Cash Rewards Credit Card report to all three credit bureaus?

Capital One shares credit reports of its SavorOne Rewards customers with three major credit bureaus - Experian, Equifax, and TransUnion - and also Innovis.

Is the Capital One SavorOne Cash Rewards Credit Card application process lengthy? Can you prequalify?

It hardly takes 10 minutes to fill the Capital One SavorOne Cash Rewards Credit Card application. In most cases, Capital One will update your application status within a minute. However, there can be delays following which you may need to wait for up to 10 days to get it approved. You can also prequalify for the SavorOne Rewards card.

What information is needed to apply for Capital One SavorOne Cash Rewards Credit Card?

The company requires your basic personal information and contact information, as well as some critical financial information.

Does Capital One SavorOne Cash Rewards Credit Card have good customer service or satisfaction?

Capital One credit cards, notably the SavorOne Rewards card, provide 24-hour customer assistance. It is, however, difficult to determine how the card is rated by its users. Nonetheless, according to J.D. Power's credit card customer satisfaction study of 2021, Capital One is the third best national credit card issuer in the United States.

Does Capital One SavorOne Cash Rewards Credit Card have a mobile app or the option to pay or manage your account online?

The Capital One mobile app is available for both iOS and Android devices. You may manage your SavorOne Rewards card through the app or online banking.

Does Capital One SavorOne Cash Rewards Credit Card raise credit limits automatically or charge for limit increases?

You may be eligible for a [free credit line increase](https://www.moneygeek.com/credit-cards/advice/increase-credit-limit-with-capital-one/) if you use your SavorOne Rewards card wisely and pay responsibly. Those who pay their bills on time and in bigger amounts to clear their balances are usually considered for Capital One SavorOne Cash Rewards Credit Card credit limit upgrades.

Does Capital One SavorOne Cash Rewards Credit Card offer the options to freeze your credit/account or have other security features?

If your card is lost or stolen or if you find any suspicious activity in your card, you can freeze or lock it through the Capital One mobile app or online banking. The app also includes security features like alerting you on payment dates, transactions, fraudulent activities and more.

Does Capital One offer other credit cards besides Capital One SavorOne Cash Rewards Credit Card?

Yes. Venture Rewards, Spark Cash Plus, Journey Rewards for Students, Walmart Rewards Mastercard and QuickSilver are just a few of the credit cards available from Capital One for both business and personal clients.

MoneyGeek’s Take

Capital One SavorOne Cash Rewards Credit Card Review

Capital One SavorOne Cash Rewards Credit Card is a highly rewarding no-annual-fee dining and entertainment credit card that is ideal for bargain hunters. It provides an unlimited, flat 3% cash back on groceries, restaurants, entertainment and streaming services, as well as 1% cash back on all other purchases.

Advertising & Editorial DisclosureLast Updated: 1/17/2023

Reviewed By

The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.

The Capital One SavorOne Cash Rewards Credit Card is designed for people with excellent credit who want to earn unlimited cash back while eating out, buying groceries and paying for entertainment tickets and streaming services. Your credit score does have an impact on your APR. Nevertheless, you pay nothing for annual membership or foreign transactions. MoneyGeek’s Capital One SavorOne Cash Rewards Credit Card review takes a closer look at the features, benefits, disadvantages and other aspects of the card to determine if it's ideal for you.

Card Details to Know Up Front

Bonus, Fee or Feature
Has or Not
Has Annual Fee
Has Balance Transfer Offer
Has APR Offer
Cash Back Rewards
Travel Rewards
Hotel Benefits
Airline Benefits
Has Rewarding Welcome Offer
Has Foreign Transaction Fee
Recommended Credit
Good–Excellent

Click to see this card’s rates, fees and how they compare to other cards in our dataset.

OUR REVIEW AT A GLANCE

Credit Card Details at a Glance
Pros & Cons Explained
Bonuses & Rewards Explained
Our Verdict: Is This Card for You?

Capital One SavorOne Cash Rewards Credit Card at a Glance

You can earn a minimum of 1% cash back on all your purchases using the no-annual-fee SavorOne Rewards credit card, without worrying about a spending limit. By spending $500 on purchases in the first three months after account setup, you can earn a $200 cash bonus. For the first 15 months, you will also receive a 0% intro APR. Its lack of a foreign transaction fee is another praiseworthy feature.

Capital One SavorOne Cash Rewards Credit Card
An excellent dining and entertainment card with generous unlimited rewards
- Good–ExcellentRecommended Credit
- $0Annual Fee
- 3% Cash Back*Rewards Rate
- 3xRewards Rate on Entertainment
- 2xRewards Rate on Groceries
Pros
No annual fee
No foreign transaction fee
3% cash back rewards on selected categories
1% flat cash back on all other purchases
Unlimited cash back earning potential

Cons
High regular APR for some cardholders
Purchases from superstores aren’t eligible for 3% cash back
No annual membership fee
3% cash back on grocery shopping, restaurant bills, entertainment expenses and streaming services
1% flat-rate cash back on all other purchases
$200 intro bonus for spending $500 in three months
0% intro APR for excellent credit, then a variable APR of 19.24% – 29.24% after that
Rewards redemption with PayPal
Virtual Card Numbers to make secure online payments
Travel accident insurance
Updated credit reports and credit scores from Creditwise
Set up automatic payments.
Automatic credit line reviews
Mobile app and online banking
Fraudulent activity alerts
Year-end itemized summaries for tax and budgeting purposes
Disclaimer: Credit card offers are constantly changing. We work hard to stay updated with the latest information, but the offers listed on our site may no longer be available.
Terms, rates and fees apply
Compare this credit card with other top-rated cards from our partners.

Pros & Cons Explained

Capital One's SavorOne Rewards card can be lucrative for eager deal-seekers. However, there are a few downsides that may affect your decision.

Pros

Benefits
Description
No Annual Fee
You will not pay an annual fee for the life of the card. This is quite advantageous, in addition to its great earning potential.
Generous Cash Back Rewards
The card offers excellent benefits in the form of unlimited cash back that never expires. You earn 3% cash back on grocery purchases, restaurant purchases (dine in, take out or delivery), entertainment tickets and streaming services. In addition, all other purchases are eligible for 1% cash back.
No Foreign Transaction Fees
You can make all the overseas purchases you want without incurring any foreign transaction fees. This is advantageous to those who want to travel abroad and keep earning rewards while on the go.

Cons

Drawbacks
Description
High Regular APR for Some Cardholders
New cardholders can take advantage of the 15-month interest-free period. After that, however, the usual APR applies, which is on the higher side for some cardholders. Based on your credit score, you will have a variable APR of 19.24% – 29.24% after the interest-free period.
Conditions Apply for Purchase Categories
Grocery purchases made at warehouses, discount stores, gas stations, convenience stores and superstores, such as Walmart and Target, are not eligible for the 3% cash back on grocery bills. Instead, you will receive 1% cash back. The same is true for entertainment expenses made through third-party sites or providers.

LOOKING FOR THE BEST CREDIT CARDS OF 2022?

The SavorOne Rewards card isn't one of our top rewards cards of 2022. You can compare the other cards on our list to see if one of those sounds better than this one. If you have excellent credit, you might be interested in one of our best credit cards for people with excellent credit.

Bonuses & Rewards Explained

The Capital One SavorOne Cash Rewards Credit Card's benefits are rather extensive compared to some competing cards. Take a look at some of the bonuses and rewards associated with this card.

Introductory Bonus and 0% APR

You can earn $200 for spending $500 in the first three months, which is a very low spending threshold for an introductory bonus. You are also entitled to 15 months of interest-free use.

Unlimited Earning Potential

Since there is no limit for earning cash back, it will be quite profitable for the user who spends on the 3% cash back categories. The cash back remains valid to redeem as long as your account is active. And all other purchases give guaranteed cash back of 1%. You can also earn 8% cash back on tickets purchased through Vivid Seats.

Easy Rewards Redemption

Your cash back can be redeemed as a statement credit or a check upon request. You can also set an automatic redemption option for a specified time of year or when the cash back value reaches a specified threshold. You can use your points to pay down your card balances, buy gift cards and more. There’s also the choice of linking the card to PayPal and redeeming the cash back to your PayPal account.

Other Features Explained

Aside from the Capital One SavorOne Cash Rewards Credit Card's benefits, there are a few other features that you should know about.

Card Feature
Description
Account Managers
You can have an account manager added as a type of authorized user to your account so they can manage your account on your behalf.
Automatic Payments
To avoid missing payment due dates, you can set up auto-pay so you don't have to log in to your account every month for making payments.
Capital One Mobile App
The mobile app is available for both iOS and Android users. It is the one-stop app for all your account activities, including bill payments, viewing transaction history, locking and unlocking the card if it’s stolen or lost, receiving transaction alerts, managing your rewards and more.
Capital One Shopping
A web-based shopping tool that automatically applies available coupon codes to your orders.
CreditWise from Capital One
Capital One's CreditWise credit monitoring service keeps track of your account and accesses your credit reports and scores on a regular basis.
Eno
Capital One's assistant monitors your account 24 hours a day, seven days a week and warns you when unusual activity is detected to help prevent fraudulent transactions.
Extended Warranty
The card offers an extended warranty of at least one year for eligible items purchased.
Fraud Liability
You can get an emergency replacement card and a cash advance if your card is lost or stolen.
Purchase Records
All your purchase records are available to download in a variety of formats, including Excel and QuickBooks.
Roadside Assistance
If you run into an auto-related emergency, you are eligible for roadside assistance services, such as jump-starting, tire changing and towing.
Security Alerts
If potentially fraudulent transactions are detected on your account, you will be alerted using a text, email or phone call.
Travel Accident Insurance
When you purchase your travel ticket with the SavorOne Rewards card, you will automatically receive insurance for a covered loss at no additional cost.
Virtual Card Numbers
This option lets you use virtual card numbers to pay online without disclosing your credit card number to retailers.
Year-End Summaries
To make budgeting and tax time easier, you can receive an itemized breakdown of your purchases using the card.

MONEYGEEK EXPERT TIP

"If you’re looking for a good cash back card without any annual fees, you’ll want to look at this one. You can redeem your cash back rewards on both PayPal and Amazon with this card." - Alene Laney, Credit Card Journalist

Understanding the Fine Print

As a credit card user, you must have a good understanding of how credit cards function, along with the benefits, fees, interest rates and other details of the card you're using.

The table below contains information about the Capital One SavorOne Rewards credit card's fees, interest rates, rewards rates and more.

Card Feature
Amount or Rate
APR
19.24% – 29.24% variable
Annual Fee
$0
Cash Back Rewards
Rewards Rate
3% Cash Back*
Airline Benefits
Rewards Rate on Groceries
2x
Rewards Rate on Gas
1x
Rewards Rate on Dining
3x
Rewards Rate on Entertainment
3x
Rewards Rate on Online Shopping
1x
Rewards Rate on TV, Phone, Internet Services
1x
Rewards Rate on Air Travel
1x
Rewards Rate at Hotels
1x
Balance Transfer Fee
3%
Balance Transfer APR
19.24% – 29.24% variable
Late Fees
Up to $40
Cash Advance Fee
$3 or 3%, whichever is greater
Cash Advance APR
29.24% Variable
Foreign Transaction Fee
None

Some general credit card terms can be confusing. But you can use MoneyGeek's credit card glossary to understand the most commonly used terms.

Annual Fee
You pay no annual fee for using this card.
Foreign Transaction Fee
There is no surcharge on transactions in foreign currency or outside the United States, so you can earn cash back rewards when buying from anywhere around the globe.
Introductory APR
The SavorOne Rewards credit card comes with a 15-month interest-free period from the date of account opening.
Regular APR
The SavorOne Rewards Card from Capital One has a regular variable APR of 19.24% – 29.24% for purchases and balance transfers after the interest-free period of 15 months, depending on your credit rating. Cash advances will bear an APR of 29.24%. Your APR can vary in accordance with market rates.
Cash Back Rewards Rate
Every purchase you make with this card earns you at least 1% cash back. Furthermore, you will receive 3% cash back on certain categories and purchases, with no spending limit.
Cash Advance and Balance Transfer Fee
If you withdraw cash from your credit account, expect to pay a charge of $10 or 3% of the transaction amount, whichever is greater, in addition to the APR on the transactions. In addition, if your card has a promotional balance transfer APR, a transaction fee of 3% of the transaction amount is applied to every transaction. If not, the standard APR will apply without a balance transfer fee.

WHERE TO FIND THIS INFORMATION?

You should evaluate multiple cards and compare their annual fees, APRs, rewards, advantages and downsides to find the best card for you. If you want to compare Capital One's SavorOne Rewards card to another one you already have, look at your most recent monthly statements or go to your credit card company's website or mobile app. You can also verify these facts by searching for the card issuer and the card's data in the credit card agreement database maintained by the Consumer Financial Protection Bureau.

Who Should & Shouldn’t Consider Capital One SavorOne Cash Rewards Credit Card?

Other Considerations for Capital One SavorOne Cash Rewards Credit Card

When applying for a credit card, it's important to know everything there is to know about the card. Before applying for the Capital One SavorOne Cash Rewards Credit Card, keep the following factors in mind. The card’s utility can vary depending on whether it will be your only card or an addition to your wallet.

Things to Consider if This Will Be Your First or Only Credit Card

As your first or only credit card, you can earn significant cash back by spending regularly in the card’s bonus categories. However, many competing cards can beat SavorOne Rewards’ offer of 1% cash back on all other purchases. With the introductory interest-free period of the SavorOne Rewards card, you have a significant amount of time to plan your purchases and pay up without paying interest.

Things to Consider if This Will Be an Additional Card in Your Wallet

You will benefit the most from using the Capital One SavorOne Cash Rewards Credit Card if you have maximum expenses in the 3% cash back categories. The best option is to pair it with another card that offers a higher flat-rate reward on all purchases. For instance, the Wells Fargo Active Cash credit card and Citi Double Cash card both offer unlimited 2% cash back.

Pairing it with a highly rewarding travel card, such as the Chase Sapphire Preferred Card, is another excellent choice. Using this card, there’s a potential to earn up to five points per dollar on travel purchases and a minimum of two points for all other purchases. While the Chase Sapphire Preferred Card gives you elevated rewards for travel purchases, the SavorOne Rewards card complements it nicely with its 3% cash back categories.

WHY TRUST OUR REVIEWS

MoneyGeek conducts in-depth research on credit card companies by employing a comprehensive ranking methodology. The technique includes gathering data from the Consumer Financial Protection Bureau's database, standardizing data points for card comparison, calculating average expenditure profiles, factoring annual and promotional incentives of each card and calculating the three-year value of maintaining the card. The process also includes monthly re-ranking of the cards and revising each list every six months.

How Capital One SavorOne Cash Rewards Credit Card Compares to Other Cards

The Capital One SavorOne Cash Rewards Credit Card can be a great option for many individuals with strong credit scores. There are no spending caps, but you need to spend the maximum on the 3% cash back categories to maximize your earning potential. However, with its unlimited reward structure and intro bonus, this no-annual-fee card competes well with other rewards cards.

In-Depth Credit Card Comparisons:

Quick Comparison of Capital One SavorOne Cash Rewards Credit Card

Capital One SavorOne Cash Rewards Credit Card

Annual Fee: None
Regular APR: 0% for 15 months, then a variable APR of 19.24% – 29.24% thereafter
Rewards Rate: 1%–3%
Credit Requirement: Excellent
Foreign Transaction Fee: None
Best for: Rewards strategists looking for a no-annual-fee card

Credit One Bank® Platinum X5 Visa®

Annual Fee: $95
Regular APR: 27.74% variable
Rewards Rate: 1%–10%
Credit Requirement: Fair to Excellent
Foreign Transaction Fee: 3%
Best for: Individuals wanting to earn very high rewards on specific categories

Other Helpful Decision-Making Q&As

If you still have questions regarding the Capital One SavorOne Cash Rewards Credit Card after reading this review, please see the questions we answered below. More information about the card is available on the Capital One official website.

Still not sure about this card? Consider these options.

If you're still debating whether to get the Capital One SavorOne Cash Rewards Credit Card, consider some of the alternative cards that offer significant benefits. You can easily find a better choice from Capital One or its competitors that provide comparable or greater perks than the Savor One Rewards credit card.

View All Credit Cards

Learn more about credit cards in general

sources

Capital One. "SavorOne Rewards from Capital One." Accessed September 6, 2021.
Capital One. "SavorOne Rewards for Good Credit from Capital One." Accessed September 6, 2021.
J.D. Power. "While Many U.S. Credit Card Issuers Struggle to Meet Evolving Customer Expectations, Some Bright Spots Exist, J.D. Power Finds." Accessed September 6, 2021.
Capital One. "Credit Card Frequently Asked Questions." Accessed September 6, 2021.
Capital One. "Credit Line Increase FAQ." Accessed September 6, 2021.
Capital One. "Pre-Qualified vs. Pre-Approved Credit Card Offers." Accessed September 6, 2021.

*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.
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