The Capital One Savor Cash Rewards Credit Card is built around everyday spending categories, delivering unlimited 3% cashback on dining out, entertainment, streaming subscriptions, and grocery store purchases (superstores like Walmart and Target don't count). Everything else earns a flat 1% back. Cardholders also get boosted rates of 8% on purchases through Capital One Entertainment and 5% on hotels and rental cars booked via Capital One Travel.
Strengths and Drawbacks
- Pros: Uncapped 3% cashback across popular everyday categories; no annual fee to worry about.
- Cons: Applicants need strong credit to be approved; the card offers little in the way of dedicated travel perks.
Card Snapshot
| Editorial score | 10/10 |
| Annual fee | $0 |
| Balance transfer fee | 3% during the first 12 months, then 4% on transfers made at any promotional APR Capital One may later extend |
| APR | 18.49%–28.49% (Variable) |
Overview
This no-fee cashback card rewards purchases at restaurants, grocery stores (excluding big-box superstores), entertainment venues, and streaming platforms at an unlimited 3% rate, while all other spending earns 1% back.
Who Should Consider This Card?
The Savor Cash Rewards card suits people who regularly spend on dining, groceries, streaming, or entertainment like movies and concerts. While its cashback rates in these categories aren't the absolute highest on the market, the absence of an annual fee means cardholders don't need to calculate whether the rewards justify a yearly cost — the value is straightforward.
An added draw is the introductory financing offer: new cardholders pay 0% APR on purchases and balance transfers for the first 12 months, after which a variable rate of 18.49%–28.49% applies. This makes the card useful either for paying down existing debt interest-free or spreading out payments on a larger purchase.
Approval typically requires good to excellent credit, generally a score of 700 or above.
Fees and Interest Rates
There's no annual fee and no foreign transaction fee. Balance transfers cost 3% during the first year, rising to 4% afterward for transfers that post at a promotional rate Capital One may offer. Cash advances carry a 5% fee, with a $5 minimum. Once the introductory period ends, the ongoing variable APR falls between 18.49% and 28.49%, with the exact rate set based on the applicant's creditworthiness at approval.
Cashback Structure
Cardholders earn an unlimited 3% back on dining, groceries (excluding superstores), entertainment, and streaming services — a category that covers restaurants, grocery bills, and subscriptions to platforms like Netflix and Disney+. Purchases made through Capital One Entertainment earn 8% back, and hotels or rental cars booked via Capital One Travel earn 5%. Every other purchase earns a flat 1%.
New applicants can currently earn a one-time $250 cash bonus after spending $500 within the first three months of opening the account, on top of the 12-month 0% intro APR offer on purchases and balance transfers.
Cashback rewards do not expire for as long as the account remains open.
Bottom Line
With no annual fee, strong 3% cashback across dining, groceries, streaming, and entertainment, plus a $250 welcome bonus and a year of 0% intro APR, this card is a compelling option for anyone whose spending is concentrated in those everyday categories.
Frequently Asked Questions
Is there a cap on how much cashback I can earn?
No. There's no limit on earnings, and accumulated cashback never expires as long as the account stays open.
Does this card come with travel perks?
It isn't a dedicated travel card, but the 3% cashback on dining and entertainment can still add meaningful value while traveling.