Capital One Savor Cash Rewards Credit Card vs. Capital One SavorOne Cash Rewards Credit Card: Which Offers a Sweeter Deal?

Everybody loves a rewards card. Finding the right card and rewards program for your lifestyle is the challenge.

Capital One is a credit card issuer that is no stranger to offering specialized rewards cards, and the Capital One Savor Cash Rewards Credit Card card has made a name for itself in providing generous cashback for those who love dining out and entertainment experiences.

Capital One also offers another cash rewards credit card, the Capital One SavorOne Cash Rewards Credit Card card. This card is a slightly less robust option for those who don’t want to pay an annual fee but still want to earn rewards. This article gives you a head-to-head look at both credit cards so you can decide which might be best for your needs.

Capital One Savor vs. SavorOne Cash Rewards

There are very few differences between the Capital One Savor Cash Rewards and Capital One SavorOne Cash Rewards credit cards. The main variations between these two credit card offers come in the amount of cash back you get for dining and entertainment purchases, the annual fee, and exclusive offers. Take a look at the vital stats for each below.

	Capital One Savor Cash Rewards	Capital One SavorOne Cash Rewards
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 one-time $200 cash bonus after you spend $500 on purchases within the first 3 months from account opening of account opening
Earning rate	10% cash back on purchases made through Uber & Uber Eats (through 11/14/2024); 8% cash back on Capital One Entertainment; 4% cash back on dining, entertainment, and select streaming services; 3% at grocery stores (excluding superstores such as Walmart® and Target®), and 1% cash back on all other purchases	3% cash back on dining and at grocery stores (excluding superstores like Walmart® and Target®), popular streaming services, and entertainment; 5% back on hotels and rental cars booked through Capital One Travel; 8% cash back on Capital One Entertainment purchases; 10% cash back on purchases made through Uber & Uber Eats (through 11/14/2024); and 1% cash back on all other purchases
Redemption methods	Check Statement credit Gift cards	Check Statement credit Gift cards
Other benefits	Travel accident insurance Extended warranty protection Access to exclusive entertainment experiences Concierge service	0% intro APR for the first 15 months on purchases, then 19.99% - 29.99% (Variable) APR 0% intro APR for the first 15 months on balance transfers, then 19.99% - 29.99% (Variable) APR. Balance transfer fee applies. Travel insurance Extended warranty protection Access to exclusive entertainment experiences Concierge service
Foreign transaction fee	None	None
Credit needed	Excellent	Excellent, Good
	Learn More	Learn More

The Savor card has enhanced spending rewards and an early spend bonus that makes it the more lucrative credit card option. On the flip side, the SavorOne will be a better choice if you're opening a credit card to make large purchases and need an intro APR to finance those purchases.

What both Capital One Savor cards excel at

Both of these Capital One credit cards are great for earning cashback rewards for dining out, frequenting entertainment venues, and buying groceries. These valuable cashback cards share a few other strengths as well.

Bonus rewards potential

At a healthy 8%, the Savor card gives you an extra percent in Capital One Entertainment costs. However, the card also comes with a $95 annual fee, which could make the SavorOne a better choice if you’re looking to keep more of your cashback rewards.

Both cards offer strong rewards on dining, entertainment, and groceries. The Savor earns  4% back on purchases at dining, entertainment, and select streaming services, and 3% at grocery stores (excluding superstores such as Walmart® and Target®). The SavorOne splits the difference with 3% cash back on dining and at grocery stores (excluding superstores like Walmart® and Target®), popular streaming services, and entertainment. 

Additional credit card perks

The Savor and SavorOne Cash Rewards cards have a bunch of helpful extras, including extended warranty protection, travel accident insurance, security alerts, and instant purchase notifications so you can spot unauthorized purchases quickly.

The cards also come with access to Capital One Shopping, an online tool to help find the best prices for your purchases, and Capital One Shopping Price Protection, which can help you get money back if you missed a deal for a purchase you made online.

In addition, neither of these cards will charge you a foreign transaction fee. That means you can travel the world, dine globally, and attend world-class sporting events without ever paying a fee for your purchases. In that same vein, being a cardholder of one of these Capital One cards means you gain access to premium experiences. These experiences could include concerts, exclusive dining events, tourist attractions, and more.

4 important differences between Capital One Savor and SavorOne Cash Rewards Cards

Though both cards offer a ton of perks and benefits for customers, there are a few differences that are worth learning about before making the decision to apply. Here are four things for potential new cardholders to consider when researching both credit card options.

1. Rewards rate

The rewards rate between the two cards are similar but differ in some key ways when it comes to the bonus categories. 

The Savor Cash Rewards card, for example, gives you 10% cash back on purchases made through Uber & Uber Eats (through 11/14/2024); 8% cash back on Capital One Entertainment; 4% cash back on dining, entertainment, and select streaming services; 3% at grocery stores (excluding superstores such as Walmart® and Target®), and 1% cash back on all other purchases.

The SavorOne Cash Rewards, on the other hand, offers 3% cash back on dining and at grocery stores (excluding superstores like Walmart® and Target®), popular streaming services, and entertainment; 5% back on hotels and rental cars booked through Capital One Travel; 8% cash back on Capital One Entertainment purchases; 10% cash back on purchases made through Uber & Uber Eats (through 11/14/2024); and 1% cash back on all other purchases.

Considering the Savor card also has a $95 annual fee, those added rewards may only pay off if you spend enough on dining and entertainment to recoup the fee. If not, SavorOne might be a better choice.

Neither of these cards will frustrate you by making you keep track of rotating categories.

2. Early spend bonus

Both cards have an early spend bonus available. The SavorOne Cash Rewards card offers new users the chance to earn a one-time $200 cash bonus after you spend $500 on purchases within the first 3 months from account opening after account opening. The Savor Cash Rewards card, however, allows you to earn a $300 cash bonus after spending $3,000 in the first 3 months.

Though the Savor Cash Rewards bonus is larger, you also must spend more to earn it. Those with smaller budgets may prefer the easier-to-earn SavorOne bonus.

3. Annual fee

The Savor Cash Rewards card does have an annual fee of $95, which places it among the least expensive out there in the rewards category. The SavorOne card has a $0 annual fee, making it free to use if you pay your bill in full each month.

4. Introductory APR

If you plan on making a large purchase and want a little extra time to pay it off, then the Capital One SavorOne is the clear winner. The Savor card has no intro APR offer, while the SavorOne Cash Rewards card offers a 0% intro APR for the first 15 months on purchases and balance transfers. To make the most of this benefit, you'll want to make sure your balance is paid off before the regular APR of 19.99% - 29.99% (Variable) kicks in.

Do note that a balance transfer fee applies.

Which cashback credit card should you choose?

The SavorOne Cash Rewards card could be a good choice for the budget-conscious consumer who is looking to keep expenses down while maximizing rewards for entertainment, dining, and grocery purchases. With a $0 annual fee, a $200 cash bonus cashback early spend bonus, and healthy cashback percentages in popular spending categories, this card delivers lots of value for cardholders with certain spending habits.

For example, if you spend $400 on groceries and $300 on dining and entertainment monthly, you would earn $204 in cashback rewards your first year. Add in the early spend bonus and that saving goes up to $354. Those are healthy rewards for a no-annual-fee card.

If you’re looking for more benefits from your dining and entertainment rewards card, the Savor Cash Rewards might be a good fit. The annual fee is low at $95, but it will come out of your annual overall rewards. You’ll also have to spend $3,000 in your first 3 months to get the $300 cash bonus.

This means the Savor card is best for those who plan to spend big in the top three rewards categories to make the most of the cashback, especially with the extra rewards you foodies will earn with dining and entertainment spending.

Let’s look at how the Savor card measures up against the previous example, adding in the 8% Capital One Entertainment, then adding the bonus. If you spent the same $400 a month on groceries and $300 on dining and entertainment, then earned the early spend bonus, you’d net $540 in total rewards.

These savings are markedly higher, but only for the first year. The second year of owning the card brings the $95 annual fee and no bonus, which leaves you with fewer rewards than you would have with the SavorOne card.

With the same spending as the examples above, year two with the SavorOne card would earn you $204 in cashback rewards. Year two with the Savor card would earn you $240, but after subtracting the $95 annual fee you’d be left with $145‬.

While this all might seem like a lot of math, if you are trying to decide among the best cashback credit cards, it's important you look at your spending habits and compare them to the rewards rates for each card. How much cash you earn back could be very different over the life of the account depending on which card you choose.

Capital One Savor vs. SavorOne Cash Rewards FAQs

The bottom line

If you are comparing credit cards and considering the Capital One Savor Cash Rewards and SavorOne Cash Rewards cards, the right card for you will depend upon your unique situation and preferences. Both cards offer similar benefits, but they also have some important differences.

If you're looking for a higher early spend bonus or you can take advantage of the 8% on Capital One Entertainment, the Capital One Savor could be a good choice for you. On the other hand, if you prefer a $0-annual-fee card that also offers generous cashback rewards, the SavorOne may be the better option of the two. Take the time to weigh the pros and cons of each card to choose the best credit card for your wallet.

Lucrative, Flat-Rate Cash Rewards

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Rates and fees

Current Offer

$200 cash rewards bonus after spending $500 in purchases in the first 3 months

Annual Fee

$0

Rewards Rate

Earn 2% cash rewards on purchases

Benefits and Drawbacks

Benefits

• $200 cash rewards bonus after spending $500 in purchases in the first 3 months
• Earn unlimited 2% cash rewards on purchases
• Intro APR on purchases and qualifying balance transfers
• $0 annual fee

Drawbacks

• Has foreign transaction fee
• No bonus categories

Card Details

• Select “Apply Now” to take advantage of this specific offer and learn more about product features, terms and conditions.
• Earn a $200 cash rewards bonus after spending $500 in purchases in the first 3 months.
• Earn unlimited 2% cash rewards on purchases.
• 0% intro APR for 15 months from account opening on purchases and qualifying balance transfers. 20.24%, 25.24%, or 29.99% Variable APR thereafter; balance transfers made within 120 days qualify for the intro rate and fee of 3% then a BT fee of up to 5%, min: $5.
• $0 annual fee.
• No categories to track or remember and cash rewards don’t expire as long as your account remains open.
• Find tickets to top sports and entertainment events, book travel, make dinner reservations and more with your complimentary 24/7 Visa Signature® Concierge.
• Up to $600 of cell phone protection against damage or theft. Subject to a $25 deductible.