Capital One Savor vs. Quicksilver: Which Cashback Card Is Better? [2020]

Both the Capital One Savor Cash Rewards Credit Card and Capital One Quicksilver Cash Rewards Credit Card provide lucrative cash back on everyday expenses — but which card offers you the most value?
Last updated Nov 19, 2020 | By Ben Walker
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Capital One’s credit card lineup includes a variety of personal and business credit cards designed to fulfill specific financial needs and goals. You can choose from travel rewards cards like the ever-popular Capital One Venture card, cashback cards, credit-building cards, and more. Some of the best cashback credit cards include cards like the Capital One Savor Cash Rewards Credit Card and Capital One Quicksilver Cash Rewards Credit Card.

In this Capital One Savor vs. Quicksilver matchup, we’ll compare these two cashback cards and see how their rewards and benefits stack up against each other. This will help you see which card is the more valuable option for you and decide which card to go for.

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Capital One Savor vs. Quicksilver card details

The Capital One Savor is a cashback card designed to reward cardmembers who often dine out and spend money on entertainment purchases. The Capital One Quicksilver is also a cashback card, but you can use it to earn rewards on every purchase, regardless of the category it falls under.

If you compare credit cards, you can see that both cards provide valuable earning potential, but the best one for you depends on what you’re looking for. Look at how Capital One Savor and Capital One Quicksilver compete in a side-by-side comparison to see whether any particular benefits might bring you additional value:

Capital One Savor Capital One Quicksilver
Annual fee $95 $0
Early spend bonus Earn a $300 cash bonus after spending $3,000 in the first 3 months of account opening Earn a $150 cash back bonus after spending $500 in the first 3 months of account opening
Earning rate 8% cash back on tickets purchased through Vivid Seats (through January 2022), 4% unlimited cash back on dining and entertainment, 2% at grocery stores (excludes superstores like Walmart and Target), and 1% cash back on all other purchases 1.5% cash back rewards on every purchase, every day
Redemption methods Redeem cash back for a statement credit or check, gift cards, or to cover previous purchases Redeem cash back for a statement credit or check, gift cards, or to cover previous purchases
Intro APR None 0% intro APR on purchases for 15 months
Annual credits None None
Travel perks
  • Travel accident insurance
  • Complimentary concierge service available at all times
  • 24-hour travel assistance services
  • Travel accident insurance
  • Complimentary concierge service available at all times
  • 24-hour travel assistance services
Other benefits
  • Extended warranty protection
  • Exclusive access to premium experiences like culinary, music, and sporting events
  • CreditWise alerts for Experian or TransUnion credit report changes
  • Eno alerts for potential duplicate purchases, recurring bill increases, and more
  • Extended warranty protection
  • Exclusive access to premium experiences like culinary, music, and sporting events
  • CreditWise alerts for Experian or TransUnion credit report changes
  • Eno alerts for potential duplicate purchases, recurring bill increases, and more
Foreign transaction fee None None
Credit needed Excellent Excellent

What both cards excel at

Because both Capital One Savor and Capital One Quicksilver earn cash back, their rewards and benefits are going to have some similarities. Here are the ways both cards overlap in what they offer to cardholders:

  • Redemption options: Many cashback cards offer different redemption options for the cash back you earn. With the Capital One Savor and Capital One Quicksilver, you can apply your cashback rewards as a statement credit on your card or receive a check in the mail for the cashback amount. You can also use your cash back to cover a recent purchase you’ve made on your card or redeem your cash back for gift cards.
  • Travel benefits: Neither of these cards are considered travel credit cards, but they still provide useful travel benefits. On both cards, you get travel accident insurance for covered losses when you use your card to purchase your travel fare. You can also take advantage of travel assistance services if your card is lost or stolen while traveling. For other travel assistance, use the free concierge services to get personalized help with anything you need, including dining reservations, concert tickets, or travel suggestions. Lastly, neither card has foreign transaction fees, so feel free to use your card while traveling abroad without having to worry about additional fees.
  • Additional benefits: Capital One Quicksilver benefits are nearly identical to Capital One Savor benefits. The extended warranty protection can help protect eligible purchases by extending their manufacturer’s warranties. If you want new experiences, be sure to check out the Capital One exclusive events made accessible for cardmembers. And to keep on top of your finances, alerts from both CreditWise and Eno can help you manage your recent transactions and credit report changes.

3 important differences between the Capital One Savor and Quicksilver cards

If you look at the differences between the Capital One Savor and Capital One Quicksilver cards, it’s easier to understand how one might suit you better than the other. These two cards are similar in many ways, but their differences highlight where you’d best find value from them.

Early spend bonuses

Although both cards come with early spend bonuses, their terms aren’t exactly the same. The Capital One Savor card offers a one-time $300 cashback bonus after spending $3,000 in the first 3 months, and the Capital One Quicksilver card offers a $150 one-time bonus after spending $500 in the first 3 months.

The better offer depends on your financial goals. If you’re looking for a bigger early spend bonus, the Savor is the clear winner. If you’d rather spend less money to earn your early spend bonus, the Capital One Quicksilver comes out on top.

No-Frills Cash Back

Benefits

  • $150 early spend bonus
  • No annual fee
  • 0% intro APR on purchases for 15 months
  • 1.5% cash back on every purchase, every day

Earning rates

The Capital One Savor earns 8% cash back on tickets purchased through Vivid Seats (through January 2022), 4% unlimited cash back on dining and entertainment, 2% at grocery stores (excludes superstores like Walmart and Target), and 1% cash back on all other purchases. So if you regularly make dining, entertainment, and grocery purchases, you can easily earn plenty of cash back with this card.

The Capital One Quicksilver earns 1.5% cash back rewards on every purchase, every day. You don’t have to worry about any bonus categories or rotating categories — every purchase you make earns the same rewards rate. If you make a wide range of purchases in different categories, the Capital One Quicksilver is an excellent low-stress option.

Overall, Capital One Savor has a higher earning rate than Capital One Quicksilver, though that doesn’t mean this credit card offers the best earning potential. The card that offers the most cash back depends on your typical spending habits.

Top Cash Back

Benefits

  • $300 cash back welcome offer
  • 4% cash back on dining and entertainment
  • No foreign transaction fees

Annual fees

The Capital One Savor has a $95 annual fee, and the Capital One Quicksilver has a $0 annual fee. With those details alone, the Quicksilver offers better value because you don’t have to worry about an annual cost.

However, it’s possible to still get more value out of the Capital One Savor if you often spend money on dining, entertainment, and groceries. Spend enough on purchases in these categories and it would be well worth it to pay an annual fee.

FAQs about the Capital One Savor and Quicksilver cards

Which is better, Capital One Savor or Quicksilver?

The better card between Capital One Savor and Capital One Quicksilver is the one that best fits your spending habits and financial goals. Both cards earn cash back, but the Capital One Savor is designed for use on dining and entertainment purchases. The Capital One Quicksilver, though, earns the same rate of cash back on any type of purchase, but it’s not as high of an earning rate as the bonus categories on the Capital One Savor. Ultimately, the right card for you depends on your personal finance goals and preferences.

Is the Capital One Savor a good card?

The Capital One Savor is a great card if you typically have a lot of dining, entertainment, and grocery purchases. Because the Capital One Savor earns bonus cash back in these categories, you can earn loads of cash back on purchases you already make. There’s no other credit card available that has quite the same unique earning rate as the Capital One Savor.

Is the Capital One Quicksilver a good card?

The Capital One Quicksilver is an excellent choice for a flat-rate, cashback rewards card. It doesn’t have bonus categories, so you earn the same rate of cash back on everything you purchase. In addition, it has a $0 annual fee and benefits like extended warranty protection and travel accident insurance. For a low-stress cashback card with helpful benefits, it’s hard to beat the Capital One Quicksilver.

What credit score do you need for the Capital One Savor?

You likely need an excellent credit score to qualify for the Capital One Savor. An excellent credit score typically starts around 800. Ultimately, approval is at the credit card issuer's discretion and will likely depend upon your credit profile as well as other factors.

What credit score do you need for the Capital One Quicksilver?

Sources say the Capital One Quicksilver typically requires an excellent credit score to be approved. If your credit score is around 800 or higher, your chances of qualifying for this card should be higher. Again, approval is at the credit card companies' discretion and will likely depend on your credit history and other factors. If you have a good credit score or a fair credit score, you may want to consider an alternative like the Capital One QuicksilverOne , which also offers generous cashback rewards. With this card, you also get benefits like automatic credit line reviews, which could result in automatic credit limit increases if you use your card responsibly.

Which card should you choose?

From how the earning rates are set up on each of these cards, it’s clear the Capital One Savor and Capital One Quicksilver are intended for different types of people or financial situations. The Capital One Savor has bonus categories that cater to people who spend a lot on dining, entertainment, and groceries. On the other hand, the Capital One Quicksilver earns a flat, unlimited 1.5% rate on everything. The Capital One Quicksilver also has a $0 annual fee, whereas the Capital One Savor has a $95 annual fee.

With a few calculations, you can more easily see how the earning potential lines up between both cards. For the Capital One Savor, if you spent $2,000 per year on dining and entertainment in your first year as cardholder, you’d earn $80 ($2,000 x .04 = $80) in cash back. If you also spent $2,000 per year on groceries, you’d earn another $40 ($2,000 x .02 = $40) in cash back, equaling $120 total in cash back. That’s a difference of $25 ($120 - $95 = $25) after you offset the annual fee.

Still, you have nothing to offset on the Capital One Quicksilver. So spending $4,000 in a year on any types of purchases equals $60 ($4,000 x .015 = $60) in cash back. You’d have to maximize your earnings more on the Capital One Savor to both offset the $95 annual fee and provide more value than the Capital One Quicksilver. That would mean either spending more money overall or spending more in the higher bonus categories.

Ultimately, the best Capital One card for you comes down to where you spend your money. If it’s frequently on dining and entertainment, the Capital One Savor is an excellent choice, as it’s one of the best credit cards for dining. If not, the Capital One Quicksilver provides plenty of value on all your purchases.

No-Frills Cash Back

Benefits

  • $150 early spend bonus
  • No annual fee
  • 0% intro APR on purchases for 15 months
  • 1.5% cash back on every purchase, every day