Capital One Savor Cash Rewards Credit Card

Quick Snapshot

• Annual Fee: $0
• APR: 0% intro for 12 months, then 19.24%–29.24% variable
• Rewards: 3% dining/entertainment/streaming/groceries, 5% hotels/rentals, 8% Capital One Entertainment, 1% everything else
• Bonus: $300 welcome bonus
• Best For: Foodies, entertainment lovers, grocery shoppers, streamers
• Credit Needed: Good to Excellent (700+)

Overview

The Capital One Savor Cash Rewards Credit Card is a powerhouse no-annual-fee card designed for those who spend heavily on dining, entertainment, groceries, and streaming services. Earning 3% cash back in four popular lifestyle categories with no spending caps, plus enhanced rewards through Capital One platforms, this card delivers exceptional value for everyday spending without requiring a premium annual fee.

What sets Savor apart from competing cards is its comprehensive coverage of lifestyle spending. While some cards excel in one or two categories, Savor delivers consistent 3% returns across dining (restaurants, delivery, takeout), entertainment (movies, concerts, sporting events), groceries (traditional stores), and streaming services (music, video, gaming). Add in 5% on travel through Capital One Travel and an impressive 8% through Capital One Entertainment, and you have a card that maximizes returns across a broad spectrum of popular spending.

The $300 welcome bonus provides strong initial value, while the 12-month 0% intro APR period makes it practical for large purchases or balance transfers. With no annual fee and rewards that never expire, Savor is positioned as a permanent keeper card that delivers year after year. For foodies, entertainment enthusiasts, and families spending significantly on groceries and streaming subscriptions, this card can easily generate $400-600+ in annual cash back.

Unlike cards with rotating categories that require quarterly activation, Savor's rewards are always on—automatic 3% earning in all bonus categories with no management required.

APR Breakdown

• Purchase APR: 0% intro APR for 12 months, then 19.24%–29.24% variable
• Balance Transfer APR: 0% intro APR for 12 months, then 19.24%–29.24% variable
• Cash Advance APR: 29.99% variable
• Penalty APR: None specified

Note: The 12-month intro period applies to both purchases and balance transfers. Balance transfer fee of 3% applies (minimum $3). This makes the card practical for large purchases or consolidating existing debt while earning strong category rewards.

Benefits Overview

Travel Benefits

• 5% cash back on hotels, vacation rentals, rental cars, and activities booked through Capital One Travel
• No foreign transaction fees when making purchases outside the U.S.
• Auto rental collision damage waiver (secondary coverage)
• 24-hour travel assistance services for emergencies
• Travel accident insurance for common carrier travel

Everyday Benefits

• 3% cash back on dining, entertainment, groceries, and streaming (no caps)
• 8% cash back on purchases through Capital One Entertainment
• 0% intro APR for 12 months on purchases and balance transfers
• Fraud coverage with zero liability protection
• Free Credit Score Access via Capital One CreditWise
• Extended warranty protection (adds one year to manufacturer's warranty)
• Cash back rewards never expire for the life of your account
• Multiple flexible redemption options

Lifestyle Benefits

• Priority access to tickets and exclusive experiences through Capital One Entertainment
• Redeem rewards for statement credits, direct deposit, Amazon purchases, gift cards, or travel
• Simple rewards structure with automatic 3% in bonus categories
• Mobile app with spending insights and reward tracking
• Purchase protection on eligible items

Rewards & Cash Back

• 3% cash back on dining (restaurants, fast food, takeout, and eligible delivery services)
• 3% cash back on entertainment (movies, concerts, sporting events, tourist attractions, amusement parks, and more)
• 3% cash back at grocery stores (excluding superstores like Walmart and Target)
• 3% cash back on popular streaming services (music, video, gaming subscriptions, and more)
• 8% cash back on purchases made through Capital One Entertainment
• 5% cash back on hotels, vacation rentals, rental cars, and activities booked through Capital One Travel
• Unlimited 1% cash back on all other purchases
• No caps or limits on earning 3% rewards in bonus categories
• Rewards never expire for the life of your account
• Redemption options: Statement credits, direct deposit, Amazon purchases, gift cards, and travel bookings

All rewards are automatic—no categories to activate, no quarterly rotations to track, no spending limits to worry about.

Welcome Bonus

Earn a $300 welcome bonus after spending $3,000 on purchases within the first 3 months from account opening.

This welcome bonus provides strong initial value and requires $3,000 in spending over three months (averaging $1,000 per month). For households with regular dining, grocery, and entertainment expenses, this threshold is typically achievable within normal spending patterns.

The $300 bonus effectively gives you 10% back on your first $3,000 in purchases, in addition to the 3% you'll earn in bonus categories during that period.

Fees Summary

• Annual Fee: $0
• Foreign Transaction Fee: 0%
• Balance Transfer Fee: Either $5 or 3% of the amount transferred, whichever is greater
• Cash Advance Fee: Either $10 or 3% of the amount, whichever is greater
• Late Payment Fee: Up to $40
• Returned Payment Fee: Up to $40
• Authorized User Fee: $0

Who This Card Is Best For

Ideal For

• Foodies and restaurant lovers who dine out frequently
• Entertainment enthusiasts who attend concerts, movies, and sporting events
• Grocery shoppers who spend heavily at traditional grocery stores
• Streaming subscribers with multiple music, video, and gaming services
• Families with significant spending in dining, groceries, and entertainment
• Balance transfer seekers needing 12 months of 0% APR
• Capital One ecosystem users who can maximize 5%-8% rewards through Capital One platforms
• Category spenders who want strong rewards without annual fees

Not Good For

• Walmart/Target grocery shoppers (superstores excluded from 3% grocery rewards)
• Minimal category spenders who won't benefit from 3% bonus categories
• Travel-focused rewards seekers (better options for primary travel spending)
• Those with fair/average credit (requires good to excellent credit for approval)
• Those unable to meet the $3,000 spending requirement for the welcome bonus
• Those seeking elevated gas or online shopping rewards

Key Pros & Cons

Pros

• No annual fee makes it accessible for long-term everyday use
• Strong 3% cash back in four popular categories (dining, entertainment, groceries, streaming)
• Impressive $300 welcome bonus after $3,000 spend in 3 months
• No caps or limits on earning 3% rewards in bonus categories
• Extended 0% intro APR period (12 months on purchases and balance transfers)
• Enhanced 5% and 8% rewards through Capital One platforms
• No foreign transaction fees for international purchases
• Rewards never expire for the life of your account
• Great value for foodies and entertainment enthusiasts
• Extended warranty protection on eligible purchases
• Free credit score monitoring via Capital One CreditWise
• Automatic category earning with no activation required

Cons

• 3% grocery rewards exclude superstores like Walmart and Target
• Limited value if you don't spend much in the bonus categories
• Variable APR can be high (up to 29.24%) after intro period if carrying a balance
• Balance transfer fee applies (3% or $5, whichever is greater)
• Requires good to excellent credit (700+) for approval
• Base earn rate of 1% on non-category purchases is modest
• $3,000 spending requirement for bonus may be challenging for some
• No elevated earning on gas, online shopping, or other categories

Alternatives to Consider

How the Rewards Add Up

Example Annual Value

If you spend $24,000 per year on typical expenses:

First Year Total Value: $855.40
Ongoing Annual Value: $555.40

With no annual fee, this entire value goes directly into your pocket. For heavy spenders in the 3% categories, the annual value can easily exceed $600-800, making this one of the most lucrative no-fee cash back cards available.

Category-Heavy Example: A family spending $8,000 on dining and $7,200 on groceries annually would earn $456 from just those two categories alone, plus additional earnings from streaming, entertainment, and other spending.

Should You Get This Card?

You Should Get It If...

• You spend heavily on dining, entertainment, groceries, and streaming
• You want strong category rewards without paying an annual fee
• You can meet the $3,000 spending requirement for the $300 welcome bonus
• You need a 0% intro APR period for purchases or balance transfers
• You have good to excellent credit (700+) and qualify
• You shop at traditional grocery stores (not Walmart/Target)
• You value no foreign transaction fees for international purchases
• You prefer automatic category rewards without activation hassles
• You attend entertainment events and can use Capital One Entertainment for 8% back
• You want a permanent keeper card with no ongoing costs

You Should Skip It If...

• You don't spend much in the 3% bonus categories
• You primarily shop at Walmart or Target for groceries
• You can't meet the $3,000 spending requirement for the welcome bonus
• You want a simple flat-rate card without category tracking
• You need premium travel benefits like trip insurance or lounge access
• You have fair/average credit and won't qualify
• You prefer maximizing a single spending category over multiple 3% categories
• You need elevated gas or online shopping rewards

Maximizing Your Rewards

Tips to Get the Most Value:

1. Use for all dining purchases — restaurants, delivery, takeout, fast food (3%)
2. Buy groceries at traditional stores — avoid Walmart/Target to earn 3%
3. Stream everything — music, video, gaming services all earn 3%
4. Attend events — movies, concerts, sports, attractions all earn 3%
5. Book travel through Capital One Travel for 5% instead of 1%
6. Buy event tickets through Capital One Entertainment for 8% cash back
7. Use the 0% intro period strategically for large purchases or balance transfers
8. Pay in full monthly (after intro period) to avoid interest charges
9. Add authorized users to multiply earning on family spending
10. Redeem strategically for statement credits or direct deposit for full value

Spending Strategy:

• Savor for dining, entertainment, groceries, streaming (3%)
• Savor for travel through Capital One Travel (5%)
• Savor for tickets through Capital One Entertainment (8%)
• Pair with Quicksilver for all other purchases (1.5% vs Savor's 1%)
• Use for all entertainment and dining abroad (no foreign fees)

Category Definitions:

• Dining: Restaurants, fast food, cafes, bars, food delivery services, caterers
• Entertainment: Movie theaters, concerts, sporting events, theme parks, museums, zoos, aquariums, tourist attractions
• Groceries: Supermarkets, grocery stores (excludes Walmart, Target, warehouse clubs, convenience stores)
• Streaming: Music streaming (Spotify, Apple Music), video streaming (Netflix, Hulu, Disney+), gaming subscriptions

Balance Transfer Strategy:

If using for balance transfers during the 0% intro period:

• Transfer within first 60 days for best terms
• Calculate 3% transfer fee into your savings calculation
• Create a payoff plan to eliminate balance within 12 months
• Continue using the card for 3% categories to earn rewards while paying down debt

Apply Now

Apply for Capital One Savor Cash Rewards Credit Card

Information accurate as of December 2025. Terms and conditions apply. Please visit the issuer's website for the most current information.