Capital One® Savor® Cash Rewards Credit Card Review – $300 Bonus and 4% Cash Back
If you frequently eat out in restaurants or go to entertainment events such as sports games or concerts, consider using the Capital One® Savor® Cash Rewards Credit Card. It offers unlimited 4% cash back on dining and entertainment. It also offers 2% at grocery stores and 1% on all other purchases. In addition, you can earn a rich bonus of $300 after qualified spending.
New card members will receive a welcome bonus of $300 cash after spending at least $3,000 on purchases within the first 3 months of account opening. The $300 bonus cash will be applied to your rewards balance within two billing cycles after you make qualifying transactions for the bonus. Existing or previous account holders may not be eligible for this one-time bonus.
You will earn 4% cash back on dining and entertainment, which means you will get 4% back at fine restaurants, fast food, Starbucks, local bakeries, concerts and sports games, etc. You will also earn 2% back at grocery stores and 1% on all other purchases. There is no cap on the cash back you can earn. Your cash rewards don’t expire as long as your account is open.
The Capital One® Savor® Cash Rewards Credit Card has no foreign transaction fees. For international travelers, this credit card can save you money when you use it abroad because other consumer credit cards may charge a typical 3% fee for purchases in foreign countries.
This credit card has no annual fee in the first year. It will have annual fee of $95 starting from the second year. If you are willing to consider less cash rewards, you can sign up for the Capital One SavorOne Cash Rewards Credit Card, which has no annual fee and offers 3% cash back on dining and entertainment.
Required Credit Rating
The Capital One® Savor® Cash Rewards Credit Card is for people with good or excellent credit rating. If you have a credit score of 700 or more, you may qualify for the credit card.
Is this the right card for you?
If you are looking to earn straightforward cash back with a generous welcome bonus, the Capital One® Savor® Cash Rewards Credit Card can be a very good choice. With this credit card, you can enjoy 4% cash back rewards in popular spending categories of dining and entertainment, and 2% cash back at supermarkets. The $300 bonus is a very lucrative cash bonus for a personal card.
Similar Credit Cards
If you are interested in the Capital One® Savor® Cash Rewards Credit Card, you may also consider a few other credit cards with similar benefits.
|Credit Card||Bonus and Rewards||Annual Fee|
|Citi Premier® Card||80,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening80,000 Points are redeemable for $800 in gift cards when redeemed at thankyou.com3 Points per $1 spent at Restaurants and Supermarkets3 Points per $1 spent at Gas Stations, Air Travel and Hotels1 Point per $1 spent on all other purchases||$95|
|Bank of America® Travel Rewards credit card||25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening - that can be a $250 statement credit toward travel purchasesUnlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don't expire||$0|
|Bank of America® Premium Rewards® credit card||Receive 50,000 online bonus points - a $500 value - after you make at least $3,000 in purchases in the first 90 days of account openingUnlimited 2 points for every $1 you spend on travel and dining purchases. Plus, earn 2 points for every $1 spent on grocery store purchases - now through 12/31/21.1.5 points for every $1 you spend on all other purchases. No limit to the points you can earn and your points don't expire.||$95|
|Chase Sapphire Preferred® Card||100,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,250 when you redeem through Chase Ultimate Rewards®.Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 100,000 points are worth $1,250 toward travel.Enjoy new benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining and 2X points on all other travel purchases, plus more.||$95|
|Citi Rewards+® Card||For a Limited Time, earn 20,000 bonus points after you spend $1,500 in purchases with your card within 3 months of account opening; redeemable for $200 in gift cards at thankyou.com2X ThankYou® Points at Supermarkets and Gas Stations for the first $6,000 per year and then 1X Points thereafter. Plus, earn 1X ThankYou® Points on All Other Purchases.||$0|
|Blue Cash Preferred® Card from American Express||20% back on Amazon.com purchases on the Card within the first 6 months of Card Membership, up to $200 back.Plus, earn $150 back after you spend $3,000 in purchases on the Card within the first 6 months of Card Membership. You will receive cash back in the form of statement credits.6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%).6% Cash Back on select U.S. streaming subscriptions.3% Cash Back at U.S. gas stations and on transit (including taxis/rideshare, parking, tolls, trains, buses and more).1% Cash Back on other purchases.||$0 introductory annual fee for the first year, then $95.|
|Blue Cash Everyday® Card from American Express||20% back on Amazon.com purchases on the Card in the first 6 months of Card membership, up to $150 back.Plus, earn $100 back after you spend $2,000 in purchases on your new Card within the first 6 months of card membership. You will receive cash back in the form of statement credits.3% Cash Back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%).2% Cash Back at U.S. gas stations and at select U.S. department stores.1% Cash Back on other purchases.||$0|
|Chase Freedom Unlimited®||A $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.Unlimited 1.5% cash back on all other purchases.5% on Chase travel purchased through Ultimate Rewards®, 3% on dining and drugstores, and 1.5% on all other purchases.||$0|
|Chase Freedom Flex℠||A $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter!5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.5% on Chase travel purchased through Ultimate Rewards®, 3% on dining and drugstores, and 1% on all other purchases.||$0|
|Citi® Double Cash Card||2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.||$0|
|American Express Blue Business Cash™ Card||A $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.||$0|
|Capital One Quicksilver Cash Rewards Credit Card||One-time $200 cash bonus after you spend $500 on purchases within 3 months from account openingUnlimited 1.5% cash back on every purchase, every day||$0|
|Capital One SavorOne Cash Rewards Credit Card||A one-time $200 cash bonus after you spend $500 on purchases within the first 3 months from account openingUnlimited 3% cash back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®), plus 1% on all other purchases. Plus, earn 8% cash back on tickets at Vivid Seats through January 2023||$0|
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