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$150
Welcome offer
Up to 3%
Cash back
$0
Annual fee
0%
Intro Purchase APR
for the first 15 months (then 15.74%, 21.74% or 25.74% variable)
| Product Name | Capital One® SavorOne® Cash Rewards Credit Card |
|---|---|
| Card type | Mastercard |
| Annual fee | $0 |
| Purchase APR | 0% intro for the first 15 months (then 15.74%, 21.74% or 25.74% variable) |
| Balance transfer APR | 0% intro for the first 15 months (then 15.74%, 21.74% or 25.74% variable) |
| Balance transfer fee | 3% |
| Cash advance rate | 25.74% variable |
| Cash advance fee | $10 or 3% of the cash advance amount, whichever is greater |
| Foreign transaction fee | None |
| Interest free period | Up to 25 days |
| Late payment fee | Up to $39 |
| Rates & fees | rates & fees |
Review by
Kliment Dukovski is a credit cards writer. He's written over 600 articles to help readers find and compare the best credit cards. Kliment has also written on money transfers, home loans and more. Previously, he ghostwrote guides and articles on foreign exchange, stock market trading and cryptocurrencies.
The Capital One® SavorOne® Cash Rewards Credit Card comes with a $0 annual fee, a $150 signup bonus and 3% cash back on dining and entertainment purchases. You’ll also earn 2% cash back at grocery stores as well. This is a solid set of rewards, considering the card has no annual fee.
In addition, you get to use 15 months of 0% intro APR period on balance transfers and purchases, which can be handy if you’re looking to make a large purchase and carry the balance without interest, or if you’re looking to consolidate your debt.
Overall, all these cool perks make the Capital One® SavorOne® Cash Rewards Credit Card worth considering.
| Where you spend: | The amount you spend: | Cash back earned: |
|---|---|---|
| Dining | $2,000 | $60 |
| Entertainment | $2,000 | $60 |
| Grocery stores | $4,000 | $80 |
| Everything else | $5,000 | $50 |
| Total | $13,000 | $250 |
Let’s say your annual spending resembles the example above. In this case, you would earn $250 in cash back in a year. And if you clear the signup bonus, you’ll earn a total of $400 for the first year.
You must be at least 18 years old and a US citizen to apply for this card.
Also, in the application form you’ll need to provide the following:
At the end of your application, you can select to receive your further communication in English or Spanish.
Apply with a good to excellent credit score of 670 or higher.
Satisfied card members love the cashback rates they get on dining, entertainment and grocery stores. There’s also a large number of customers who are happy with the size of the credit line they received.
Customers mostly complain about the high APR rates that come with the card. But you could avoid this by paying your balance on time.
Capital One earns an A+ rating from the Better Business Bureau, which accredited the bank since 1995.
Capital One usually makes a decision in less than a minute. If they require additional information, you’ll get an email or a letter within 7 to 10 business days.
Upon approval, your card, your welcome materials and your credit line should arrive in seven to 10 business days.
Redeem your cash back as a statement credit or a check. If you prefer to receive your rewards automatically, set up your redemption preference for either:
To set up your automatic preference, log in to your online account or call the Rewards Center at 800-228-3001. If you don’t set up any redemption preference, you’ll get your cash back when you ask.
This can be an excellent card if you mostly spend your money on dining, entertainment purchases or at grocery stores where you’ll earn the highest cash back. You’ll get a long intro APR period on balance transfers and purchases, and you won’t pay an annual fee.
However, if you think you might do better with a different card, check out other credit cards and compare your options.
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