Capital One Savor vs. SavorOne
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Since their names are so similar, the Capital One Savor Cash Rewards Credit Card and the Capital One SavorOne Cash Rewards Credit Card seem nearly identical at first glance. However, the Capital One Savor Cash Rewards Credit Card charges a higher annual fee and offers a larger bonus on dining, entertainment and streaming services, while the Capital One SavorOne Cash Rewards Credit Card provides generous rewards in the same categories without an annual fee. The choice between the two depends on whether you spend more or less than $9,500 per year (approximately $800 per month) in these categories.
Capital One Savor Cash Rewards Credit Card vs. Capital One SavorOne Cash Rewards Credit Card
| Capital One Savor Cash Rewards Credit Card | Capital One SavorOne Cash Rewards Credit Card | |
|---|---|---|
| Best for … | Cardholders who spend $9,500+ per year on dining, entertainment and streaming services | Cardholders who spend less than $9,500 per year on dining, entertainment and streaming services |
| Sign-up bonus | Earn a one-time $300 cash bonus once you spend $3,000 on purchases within 3 months from account opening | Earn $200 Cash Back after you spend $500 on purchases within 3 months from account opening |
| Rewards | Earn unlimited 4% cash back on dining, entertainment, and popular streaming services, 3% at grocery stores and 1% on all other purchases. | 3% Cash Back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®); 5% Cash Back on hotels and rental cars booked through Capital One Travel (terms apply); 8% Cash Back on Capital One Entertainment purchases; 1% Cash Back on all other purchases |
| Annual fee | $95 | $0 |
| Foreign transaction fee | 0% | None |
| Balance transfer intro APR | N/A | 0% intro on balance transfers for 15 months* |
| Purchase intro APR | N/A | 0% intro on purchases for 15 months |
| Regular purchase APR | 19.99%, 26.24% or 29.99% (Variable) | 19.99% - 29.99% (Variable) |
| Other benefits |
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How do the annual fees compare?
The Capital One Savor Cash Rewards Credit Card charges an annual fee of $95, while its counterpart does not. By choosing the Capital One Savor Cash Rewards Credit Card, you’ll need to spend enough on the card’s higher bonus categories to justify paying the annual fee.
- Capital One Savor Cash Rewards Credit Card: $95
- Capital One SavorOne Cash Rewards Credit Card: $0
You’d have to spend $2,375 on dining and entertainment alone just to recoup the Capital One Savor Cash Rewards Credit Card’s annual fee. This comes out to approximately $198 per month, or around $50 per week, which is fairly manageable, on average, for a household.
However, don’t base your decision solely on the annual fees — you need to consider the rewards as well.
How do the sign-up bonuses compare?
The Capital One Savor Cash Rewards Credit Card offers a new cardmember bonus that’s higher than the Capital One SavorOne Cash Rewards Credit Card, but you are required to spend six times as much on the card to earn it.
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- Capital One Savor Cash Rewards Credit Card: Earn a one-time $300 cash bonus once you spend $3,000 on purchases within 3 months from account opening
- Capital One SavorOne Cash Rewards Credit Card: Earn $200 Cash Back after you spend $500 on purchases within 3 months from account opening
If you tend to spend at least $1,000 a month, then you should be on track to earn the Capital One Savor Cash Rewards Credit Card’s bonus. But you shouldn’t solely choose a card based on its bonus — you need to consider if the annual fee, rewards and APR suit your spending habits.
How do the earning rates compare?
The earning rate is the key feature that distinguishes the Capital One Savor Cash Rewards Credit Card from the Capital One SavorOne Cash Rewards Credit Card, and the primary deciding factor between these cards. Both cards offer bonus cash back on dining, entertainment, popular streaming services and grocery stores. However, the Capital One Savor Cash Rewards Credit Card offers an additional 1% cash back on dining, entertainment and streaming services:
- Capital One Savor Cash Rewards Credit Card: Earn unlimited 4% cash back on dining, entertainment, and popular streaming services, 3% at grocery stores and 1% on all other purchases.
- Capital One SavorOne Cash Rewards Credit Card: Earn 3% Cash Back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®); 5% Cash Back on hotels and rental cars booked through Capital One Travel (terms apply); 8% Cash Back on Capital One Entertainment purchases; 1% Cash Back on all other purchases
You may think it’s a no-brainer to choose the Capital One Savor Cash Rewards Credit Card with its higher cash back rate, but you must take the annual fee into consideration. With the annual fee included, the Capital One Savor Cash Rewards Credit Card only earns more cash back if you spend at least $9,500 a year (around $800 a month) on dining and entertainment. If you spend less than $9,500 a year on dining and entertainment, then the Capital One SavorOne Cash Rewards Credit Card is a better option.
Below, we show the value of rewards earned on different increments of spending in the cards’ dining/entertainment/streaming category with the annual fee included. As you can see, you would have to spend heavily in these categories with the Capital One Savor Cash Rewards Credit Card to see a significant return on value:
How do the other benefits compare?
The benefits of these cards are nearly identical, including no foreign transaction fees on international purchases. The only difference is that the Capital One SavorOne Cash Rewards Credit Card offers an intro APR on purchases and balance transfers, while the Savor Card does not.
- 0% foreign transaction fees: Take one of these cards with you when you travel outside the U.S., and you won’t have to worry about the pesky 3% foreign transaction fee many other cards charge.
- Premier culinary experiences: Cardholders can access dinners, food festivals and more dining experiences in select cities. Some past events included Tastemaker Chicago and the Food Network & Cooking Channel New York City Wine & Food Festival.
- Entertainment access: For various music and sporting events, you can access VIP packages, discounts, lounges and more when you use your card. Past events have included the iHeartRadio Music Festival and iHeartRadio Jingle Ball and ongoing benefits include special discounts and perks at the Capital One Arena in Washington, D.C.
- Complimentary concierge service: Whenever you have a question about travel, dining, entertainment or something else, a personal assistant is available 24/7 to help provide recommendations and answers.
- Price protection: If you purchase an item with your card and find the same item at a lower price advertised in print or online, you may receive a credit for the difference within 120 days of the original purchase.
- Extended warranty: Eligible purchases made with your card may qualify for an extended warranty double the original manufacturer’s warranty, up to a maximum of 24 months.
- Travel accident insurance: When you pay for an eligible fare (e.g., bus, plane, train) with your card and suffer a covered loss, you may receive coverage.
- Auto rental collision damage waiver: Paying for an eligible rental with your card and declining the rental company’s insurance qualifies you to receive reimbursement in the event of damage due to collision or theft.
Who should get the Capital One Savor Cash Rewards Credit Card ?
The Capital One Savor Cash Rewards Credit Card is the best choice for people who spend more on dining, entertainment and select streaming services. In general, you’ll need to spend at least $800 per month or $9,500 per year in these bonus categories to justify the card’s $95 annual fee.
If you’re on the fence about choosing between the Capital One Savor Cash Rewards Credit Card versus Capital One SavorOne Cash Rewards Credit Card, this card includes a higher welcome bonus the first year which more than covers the annual fee. This gives you a chance to test drive the card to determine if you’ll actually spend that much each year.
Who should get the Capital One SavorOne Cash Rewards Credit Card ?
The Capital One SavorOne Cash Rewards Credit Card is the ideal card for consumers who want to earn bonus cash back on dining, entertainment, groceries (excluding superstores like Walmart® and Target®) and more without paying an annual fee. It comes with a generous welcome bonus that most households can easily meet in the first month. While it earns a slightly lower cash back rate on dining, entertainment and streaming services, you don’t have to worry about paying an annual fee or overspending to try to cover that higher cost.
Apply Now Additionally, the Capital One SavorOne Cash Rewards Credit Card is the only one that offers an intro APR offer. New customers get an APR of 0% intro on purchases for 15 months and 0% intro on balance transfers for 15 months* before the APR increases to 19.99% - 29.99% (Variable). This benefit helps to eliminate interest on existing debt and allows cardholders more time to pay off their purchases.