Skip to Main Content

Capital One Savor vs. SavorOne

Person looking at credit card
Nicola Katie/Getty Images
Person looking at credit card
Nicola Katie/Getty Images
Bankrate Logo

Why you can trust Bankrate

At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict , this post may contain references to products from our partners. Here's an explanation for . The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired. Terms apply to the offers listed on this page. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

ON THIS PAGE Jump to Open page navigation

If you’re looking for a rewards credit card that gives you more points on dining and entertainment, then the Capital One Savor Cash Rewards Credit Card or the Capital One SavorOne Cash Rewards Credit Card could be an ideal option. Both cards have similar earning structures and allow you to redeem cash back in similar ways, but one offers a slightly less lucrative rewards scheme in exchange for no annual fee.

Should you pay more for the Capital One Savor in order to score a bigger bonus and more points on your spending, or would you rather skip the $95 annual fee and earn slightly less in cash back throughout the year? This card comparison should help you decide.

Main details

Capital One Savor Capital One SavorOne
Welcome bonus Earn a $300 bonus after spending $3,000 within your first 3 months Earn a $200 bonus after spending $500 within your first 3 months
Rewards rate
  • 4% cash back on dining, entertainment and popular streaming services (including Hulu, Disney+ and Netflix)
  • 3% cash back at grocery stores (excluding superstores like Walmart and Target)
  • 8% cash back on tickets at Vivid Seats through January 2023
  • 1% cash back on all other purchases
  • 3% cash back on dining, entertainment, popular streaming services and grocery store purchases
  • 8% cash back on tickets at Vivid Seats through January 2023
  • 1% on all other purchases
Intro APR N/A 0% intro APR on purchases and balance transfers for 15 months, followed by a variable APR of 16.49% to 26.49%
Annual fee $95 $0

Capital One Savor vs. SavorOne highlights

It’s easy to see why both of these Capital One credit cards might make your list, but which one stands out the most? We compared these cards side by side in several important categories.

Welcome bonus winner: Savor

The Capital One Savor is the clear winner in this category since you can earn $100 more compared to the SavorOne. You have to meet a higher spending requirement of $3,000 on your card within three months of account opening, but this bonus is worth pursuing if you can charge $1,000 per month in regular bills and purchases for three months in a row.

Rewards rate winner: Savor

The Savor also comes out ahead in this category since you’ll earn 4 percent back on dining, entertainment and popular streaming services instead of just 3 percent back with the SavorOne. Both cash back credit cards let you earn the same 3 percent back at grocery stores (excluding superstores like Walmart and Target), 1 percent back on all other spending and 8 percent back on tickets purchased via Vivid Seats through January 2023.

Introductory APR offer winner: SavorOne

The SavorOne comes out ahead in this category since you get an introductory 0 percent APR on purchases and balance transfers for 15 months, followed by a variable APR of 16.49 percent to 26.49 percent.

Annual fee winner: SavorOne

The SavorOne also wins in the annual fee category since it doesn’t have one. By contrast, the Savor comes with a $95 annual fee.

Foreign transaction fee winner: Tie

Neither of these cash back cards charges a foreign transaction fee when making purchases outside of the United States. As a result, they tie in this category.

Which card earns the most?

To figure out which card will help you earn more rewards, first determine how much you spend on dining, entertainment and streaming services. If you spend a lot in these three categories every month, then paying the $95 annual fee on the Savor could easily put you ahead.

Capital One Savor vs. SavorOne spending example

Imagine for a moment you dine out for work or leisure most days of the week, and that you frequently spend money on purchases Capital One deems as entertainment. For example, entertainment purchases could include:

  • Movie tickets
  • Theatrical promoters
  • Sports promoters
  • Amusement parks
  • Tourist attractions
  • Aquariums and zoos
  • Dance halls
  • Bowling alleys
  • Pool halls
  • Record stores

In any given month as a frequent spender, you may spend $2,000 on dining, entertainment and streaming services, $800 at grocery stores and $1,000 on all other spending with your credit card. At the end of 12 months, you’ll have earned $1,368 in cash back with the Savor, yet you would have paid a $95 annual fee.

In the meantime, the SavorOne would have left you with $1,128 in cash back rewards. When including the welcome bonuses you would earn with that spending, you’re looking at $1,668 in first-year cash back earned with the Savor and $1,328 in first-year cash back earned with the SavorOne. Even after paying the annual fee, which drops your Savor yield down to $1,573 ($1,368 in cash back plus $300 welcome bonus, minus $95 annual fee), you would earn $245 more in cash back rewards with the Savor during your first year than with the SavorOne.

Why should you get the Capital One Savor?

If you spend quite a bit on dining, entertainment and streaming services each year, then paying the $95 annual fee could be well worth it. After all, you could earn considerably more in rewards over time, which could make the annual fee a good investment. Here are some additional factors to consider before you sign up:

Additional benefits

Through January 2023, cardholders can earn 8 percent cash back on all Vivid Seats purchases. This platform lets you buy and sell tickets to sports, concerts and theater events, so you have the potential to earn a lot more in rewards if you spend frequently in this category.

You’ll also receive extended warranties, travel accident insurance, 24-hour travel assistance services and other basic cardholder benefits.

Redemption options

As a true cash back credit card, the Savor lets you redeem cash back at any time and in any amount you want. You can also redeem for statement credits or gift cards, or use your rewards to make purchases on Amazon.com. Also, your rewards won’t expire for the life of the account.

Recommended credit score

Consumers usually need good credit or better to qualify for rewards credit cards, which means having a FICO score of 670 or better. However, you may have a better chance for approval if your credit score is considered very good, or your score is 740 or higher.

Why should you get the Capital One SavorOne?

The SavorOne doesn’t have an annual fee, so it’s worth considering if you’re adamant about not paying one. Beyond its generous rewards, here are some additional reasons to consider signing up:

Additional benefits

The SavorOne doesn’t offer any standout perks, but you do get some benefits as a cardholder. Like the Savor, this card gives you extended warranties, travel accident insurance, 24-hour travel assistance services and more. You can also earn 8 percent cash back on all Vivid Seats purchases through January 2023.

Redemption options

Redeem your rewards for cash back in any amount, statement credits, gift cards or purchases made on Amazon.com. Your rewards won’t expire as long as your account is open.

Recommended credit score

Consumers usually need good credit or better to qualify for Capital One rewards credit cards, which means having a FICO score of 670 or better. You may have a better chance for approval if your FICO score is 740 or higher.

The bottom line

The card option that’s best for you really depends on how much you spend on dining, entertainment and streaming services, along with whether or not you’re comfortable paying an annual fee. The Savor could easily leave you ahead if you spend a lot and don’t mind paying $95 per year to earn more rewards, but the SavorOne is still a good option if you don’t want to pay an annual fee. Either way, make sure you compare both of these cards to the best credit cards on the market today. You may find other card options that let you rack up even more cash back in the categories where you spend the most.

The information about Capital One Savor Cash Rewards Credit Card has been collected independently by Bankrate.com. The card details have not been reviewed or approved by the card issuer.
Written by
Holly D. Johnson
Author, Award-Winning Writer
Holly Johnson writes expert content on personal finance, credit cards, loyalty and insurance topics. In addition to writing for Bankrate and CreditCards.com, Johnson does ongoing work for clients that include CNN, Forbes Advisor, LendingTree, Time Magazine and more.
Edited by
Associate Editor
up next
Part of  Introduction to the Capital One Savor Card