Capital One SavorOne Card Overview
The Capital One SavorOne Cash Rewards Credit Card is a low annual fee option that offers cash back on dining, entertainment and grocery purchases. While you can earn more cash with other cash back cards, SavorOne is a good choice for those with a limited credit history who want to earn cash back in popular bonus categories.
Card level*: ⭐⭐⭐
*Card ratings are based on the opinions of TPG editors and are not influenced by card issuers.
Capital One offers a variety of cards, including many cash back products within the same family. SavorOne, previously offered as a no-annual-fee cash back option, stopped offering it in October 2024 and was renamed the Capital One Savor Cash Rewards Credit Card.
SavorOne has relaunched with a $39 annual fee and is designed for individuals with good credit or rebuilding their credit scores. The annual fee is low enough to be easily recouped with minimum monthly payouts on popular bonus categories.
Typically, the “One” designation in the card name on most Capital One products (for example, SavorOne and QuicksilverOne) indicates that the card is intended for people with good credit. TPG recommends a fair credit score of at least 580 to have a chance of getting approved for these cards by that card issuer.
Here’s what else you need to know about this cash back card.
Capital One SavorOne Card Pros and Cons
| advantage | shortcoming |
|---|---|
|
|
Capital One SavorOne Card Welcome Offer
SavorOne does not offer a welcome bonus. If you want to earn bonuses with a new card, consider Capital One Savor Cash.
It’s worth noting that Capital One has specific application eligibility requirements, which may affect your chances of approval.
Reward your inbox with the TPG daily newsletter
Join over 700,000 readers and get breaking news, in-depth guides and exclusive offers from TPG experts
Related: Pros and Cons of Cash Back Credit Cards
Capital One SavorOne Card Offers
SavorOne offers limited benefits, the main one being that the card charges no foreign transaction fees.
Other benefits include automatic credit limit reviews, which are helpful when building credit. You also get free access to your FICO score and $0 in fraud liability protection.
Finally, as a cardholder, you receive 50% off beverages at Capital One Café every day.
Related: Best Entertainment Cards
Earn cash back with the Capital One SavorOne Card
Capital One SavorOne offers a wide range of bonus categories. What you will get:
Capital One defines entertainment broadly, so if you want to earn bonus cash back, you’ll be covered in many ways. Its terms state:
“Tickets purchased at movie theaters, sporting event promoters (professional and semi-professional live events), theatrical promoters, amusement parks, tourist attractions, aquariums, zoos, dance halls, record stores, billiards alleys or bowling alleys. This does not include golf courses, college athletic events and non-industry entertainment business codes such as cable television, digital streaming and membership services.”
Related: How credit card issuers classify travel and dining purchases
Redeem Cash Back with the Capital One SavorOne Card
It’s easy to redeem cash back with this card. Your redemption options include:
- Amazon
- Cash back via PayPal
- gift card
- letter of credit statement
However, if you pair this card with a Capital One mile-earning card, such as the Capital One Venture Rewards Credit Card, you can redeem the cash you earn back into miles. This gives you access to Capital One’s list of more than 15 transfer partners, including Air Canada Aeroplan, Air France KLM Flying Blue and I Prefer Hotel Rewards.
Transferring miles to a partner often provides the highest redemption value, often well over 1 cent per mile.
Considering SavorOne’s bonus earning rate, this could be a great avenue for rewards, especially if you can take advantage of any of Capital One’s remaining transfer sweet spots.
RELATED: How to Redeem Capital One Miles for Maximum Value
Which cards compete with the Capital One SavorOne card?
If you’re debating whether this card is worth adding to your wallet, consider these other options that may also suit your needs:
- If you don’t want to track bonus categories: The Capital One QuicksilverOne Cash Rewards Credit Card is another option for those with limited credit history, and has the same annual fee of $39 as SavorOne. It has a simple earning structure that offers unlimited 1.5% cash back on all purchases, which is great if you have a lot of spending outside of the Savor bonus categories. To learn more, read our full review of the QuicksilverOne Cash Rewards Card.
- If you prefer rotating categories by quarter: The no-annual-fee Discover it® Cash Back Credit Card is one of our top starter cards and offers 5% cash back on your first $1,500 in purchases at select merchants each quarter. Additionally, you’ll earn 1% cash back on all other purchases, and Discover will match all cash back earned in the first year. To learn more, read our full review of the Discover it card.
- If you have no credit history: The Capital One Quicksilver Secured Cash Rewards Credit Card is a secured version of the Quicksilver Cash Rewards Card that allows you to build credit. It offers the same rewards earning structure with no annual fee. To learn more, read our full review of the Quicksilver Secure Card.
Information for the Discover it Cash Back Credit Card is independently collected by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.
For other options, check out our full lists of the best starter credit cards and the best cash back credit cards .
Related: Cash Back vs. Travel Rewards: How to Choose a Credit Card
Is the Capital One SavorOne Card Worth It?
If you have good credit and want to earn bonus rewards, this card is a good choice. However, there are other options for those with less than ideal credit who don’t have to pay an annual fee. If you have established credit, you should choose Savor Cash Rewards with no annual fee. I currently hold Savor Cash Rewards and get good value from it.
Related: How to Maximize Cash Back with a Credit Card
bottom line
SavorOne offers a solid cash back yield across a variety of everyday spending bonus categories. However, its lack of benefits and popular offers is a drawback. Even if you have a limited credit score and history, there are credit card products that offer similar bonus income and even more benefits without the annual fee.
Learn More: Capital One SavorOne Cash Rewards
For the Capital One products listed on this page, some offers may be provided by Visa® or Mastercard® and may vary by product. Please see the appropriate benefits guide for details as terms and exclusions apply.
