How to Maximize Rewards With the Capital One SavorOne Cash Rewards Credit Card
You’ll earn the most rewards with the Capital One SavorOne Cash Rewards Credit Card when you use the card on dining, entertainment, popular streaming services and groceries. Earn the card’s one-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening.
What Are the Fees Associated With the Capital One SavorOne Cash Rewards Credit Card?
- Annual fee: This card does not charge an annual fee.
- Foreign transaction fee: There is no foreign transaction fee with this card.
- Balance transfer fee: There is no fee for balances transferred at the transfer APR. Otherwise, it’s 3% of the amount of each transferred balance when you take advantage of a promotional APR.
- Cash advance fee: Capital One SavorOne Cash Rewards Credit Card charges a cash advance fee of either $3 or 3% of the amount of each cash advance, whichever is greater.
- Late payment fee: This card charges a late payment fee of up to $40.
Comparisons With Other Credit Cards
Annual fee: Neither card charges an annual fee.
Rewards: The Capital One SavorOne Cash Rewards Credit Card offers 3% cash back on dining, entertainment, popular streaming services and groceries and 1% on all other purchases. With the Citi Double Cash Card – 18 month BT offer, you will earn 1% cash back on purchases and 1% cash back when you pay off the purchases.
Sign-up bonus: With the Capital One SavorOne Cash Rewards Credit Card, after you spend $500 on purchases within 3 months from account opening, you’ll earn a $200 cash bonus. With the Citi Double Cash Card – 18 month BT offer there is no sign-up bonus.
Benefits: Capital One SavorOne Cash Rewards Credit Card holders have numerous travel and retail protection benefits, including 24-hour travel assistance services, travel accident insurance, extended warranty protection, zero dollar liability on unauthorized charges and complimentary concierge service. Citi Double Cash Card – 18 month BT offer benefits include exclusive access to event ticket sales and zero dollar liability on unauthorized charges.
Annual fee: Neither card has an annual fee.
Rewards: With the Capital One SavorOne Cash Rewards Credit Card, you will earn 3% cash back on dining, entertainment, popular streaming services and groceries and 1% on all other purchases. Chase Freedom Unlimited cardholders earn 5% on travel; 3% on dining, including takeout and eligible delivery services; 3% at drug stores; and unlimited 1.5% cash back on other purchases.
Sign-up bonus: The Capital One SavorOne Cash Rewards Credit Card offers a $200 cash bonus after you spend $500 on purchases within 3 months from account opening. The Chase Freedom Unlimited also offers a 1.5% cash bonus after you spend on everything you buy (on up to $20,000 spent in the first year) – worth up to $300 cash back. That’s 6.5% on travel purchased through Chase Ultimate Rewards®, 4.5% on dining and drugstores, and 3% on all other purchases.
Benefits: Capital One SavorOne Cash Rewards Credit Card benefits include travel accident insurance, extended warranty protection, 24-hour travel assistance services and complimentary concierge service. Benefits for Chase Freedom Unlimited cardholders include purchase protection and extended warranty protection. Both cards offer zero dollar liability protection.
Should You Get the Capital One SavorOne Cash Rewards Credit Card?
- Are looking for a rewards card with no annual fee.
- Want to earn 3% cash back for spending on dining, entertainment, popular streaming services and groceries.
- Plan to pay off the balance each billing cycle to avoid the potentially high APR.
For Capital One products listed on this page, some of the above benefits are provided by Visa(R) or Mastercard(R) and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.
