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LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.
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Capital One Savor Cash Rewards for Good Credit Review: Great for Gourmets with Good Credit

Updated on:
Content was accurate at the time of publication.
Capital One Savor Cash Rewards for Good Credit
Rewards Rate
3% Cash Back at grocery stores (excluding superstores like Walmart® and Target®), on dining, entertainment and popular streaming services, 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
APRs
29.99% (Variable) on purchases and balance transfers
Annual Fee
$0
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It was not reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

Key Takeaway

The Capital One Savor Cash Rewards for Good Credit is a great choice if your top spending categories include dining, groceries and entertainment. But if you have excellent credit — or want more earning flexibility — there are even better options out there.

Pros and cons

  • Generous cash back rewards
  • Flexible redemption options
  • $0 annual fee
  • No foreign transaction fee
  • High regular APR
  • No intro APR
  • No sign-up bonus

Is the Capital One Savor Cash Rewards for Good Credit worth it?

The Capital One Savor Cash Rewards for Good Credit is worth it if you have good credit and want to earn a high rate of cash back on dining, groceries (excluding superstores like Walmart® and Target®), entertainment and streaming services. Your rewards don’t expire and can be redeemed for any amount. Plus, the card comes with a $0 annual fee, no foreign transaction fees and flexible redemption options.

First-year value: $452**
Ongoing value: $452**

**Based on LendingTree’s value methodology

But if you have good / excellent credit, you can apply for the higher-tier Capital One Savor Cash Rewards Credit Card. With this card, you’ll get the same great benefits and rewards, plus you can earn a valuable sign-up bonus and get an intro APR on purchases and balance transfers (see rates & fees). On the other hand, if you want something with more flexibility, a rotating or flat-rate cash back card might be a better option.

A balance transfer fee applies for promotional rates that Capital One may offer.

Not the right card for you? See the best cash back credit cards

Quick facts for the Capital One Savor Cash Rewards for Good Credit

    • Earn unlimited 3% cash back at grocery stores (excluding superstores like Walmart® and Target®), on dining, entertainment and popular streaming services, plus 1% on all other purchases
    • Earn 8% cash back on Capital One Entertainment purchases
    • Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options. Terms apply
    • No rotating categories or sign-ups needed to earn cash rewards
    • Cash back won't expire for the life of the account and there's no limit to how much you can earn
    • No foreign transaction fee
    • No annual fee
    • You're covered by $0 Fraud Liability for unauthorized charges
    • For Capital One products listed on this page, some of the benefits may be provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply
  • Recommended Credit
    Credit scores ranges may vary. Your individual chance at approval may vary due to factors such as creditors using a particular variation at their discretion
  • 660 720
    Good
  • Extended warranty
  • Access to Capital One Travel, Capital One Entertainment and Capital One Dining
  • No foreign transaction fees

Intro Purchase APR

N/A

Regular Purchase APR

29.99% (Variable)

Intro BT APR

N/A

Regular BT APR

29.99% (Variable)

Annual Fee

$0

Cash Advance Fee

5% of the amount of the cash advance, but not less than $5

Foreign Transaction Fee

None

Balance Transfer Fee

Balance Transfer Fee applies to balances transferred at a promotional rate

*To see rates & fees for Capital One Savor Cash Rewards for Good Credit, please click here.

What we like

  • Generous cash back rewards

    With the Capital One Savor Cash Rewards for Good Credit, you’ll earn 3% Cash Back at grocery stores (excluding superstores like Walmart® and Target®), on dining, entertainment and popular streaming services, 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.

    These are very competitive earning rates on popular categories, making the Capital One Savor Cash Rewards for Good Credit one of the best cash back credit cards available. In the table below, you can see how it compares to other top picks:

    Rewards earned per $1 spent*
    Capital One Savor Cash Rewards Credit Card$0.023
    Capital One Savor Cash Rewards for Good Credit$0.023
    Chase Freedom Flex℠$0.022
    Wells Fargo Active Cash® Card$0.020
    *Based on LendingTree’s value methodology
  • Flexible redemption options

    The Capital One Savor Cash Rewards for Good Credit lets you redeem your rewards for any of the following:

    • Cash back (in the form of checks or statement credits)
    • Gift cards
    • Payment for PayPal or Amazon.com purchases
    • Tickets for sporting events, concerts and more through Capital One Entertainment
    • Travel through Capital One Travel

    And unlike some other rewards cards, the Capital One Savor Cash Rewards for Good Credit doesn’t have a minimum redemption amount for cash back. Further, your rewards won’t expire as long as your account is open and in good standing.

  • No annual fee or foreign transaction fee

    The Capital One Savor Cash Rewards for Good Credit has a $0 annual fee, so you won’t have to pay to carry it. Plus, you won’t have to worry about a foreign transaction fee being tacked on each time you use the card abroad (see rates & fees).

What to watch out for

  • High interest rate

    The Capital One Savor Cash Rewards for Good Credit has a 29.99% (Variable) APR, which is well above the average credit card interest rate (see rates & fees). This means you could rack up some serious interest charges if you don’t pay your balance off each month.

    If you think you may carry a balance on your card, you should check out our list of the best low-interest credit cards.
  • No intro APR

    Unlike its big sibling, the Capital One Savor Cash Rewards for Good Credit doesn’t offer an intro APR on purchases or balance transfers. The Capital One Savor Cash Rewards Credit Card, however, comes with a 15-month intro APR on both purchases and balance transfers (see rates & fees). This could net you over $1,200* in additional savings.

    *Based on LendingTree’s value methodology. Your savings will vary depending on account usage and behavior.
    A balance transfer fee applies for promotional rates that Capital One may offer.
  • No sign-up bonus

    Unfortunately, the Capital One Savor Cash Rewards for Good Credit doesn’t come with a sign-up bonus. This brings down the card’s first-year value, which is notably lower than some of its competitors. For example, see how it compares to the Chase Freedom Flex℠:

    Capital One Savor Cash Rewards for Good CreditChase Freedom Flex℠
    Annual rewards value*$452$441
    Sign-up bonusNoneEarn a $200 bonus after you spend $500 on purchases in the first 3 months from account opening.
    Annual fee$0 (see rates & fees)$0
    First-year value*$452$641
    *Based on LendingTree’s value methodology

Capital One Savor Cash Rewards for Good Credit vs. Capital One Savor Cash Rewards Credit Card

| Disclosures
Capital One Savor Cash Rewards Credit Card
Capital One Savor Cash Rewards Credit Card
apply-now-icon Apply Now
on Capital One's secure site
Rates & Fees
0% intro on purchases for 15 months
19.74% - 29.74% (Variable)
$0
3% Cash Back at grocery stores (excluding superstores like Walmart® and Target®), o
  • For a limited time, earn a $250 cash bonus once you spend $500 on purchases within the first 3 months from account opening
  • Earn unlimited 3% cash back at grocery stores (excluding superstores like Walmart® and Target®), on dining, entertainment and popular streaming services, plus 1% on all other purchases
  • Earn 8% cash back on Capital One Entertainment purchases
  • Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options. Terms apply
  • No rotating categories or sign-ups needed to earn cash rewards; plus cash back won't expire for the life of the account and there's no limit to how much you can earn
  • 0% intro APR on purchases and balance transfers for 15 months; 19.74% - 29.74% variable APR after that; balance transfer fee applies
  • No foreign transaction fee
  • No annual fee
  •  For Capital One products listed on this page, some of the benefits may be provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply
660 720 850
Good / Excellent

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.


If you have an excellent credit score, the Capital One Savor Cash Rewards Credit Card is a better option than the Capital One Savor Cash Rewards for Good Credit. You’ll get the same great rewards rate and benefits with the addition of the chance to earn a generous sign-up bonus and get a 15-month intro APR on purchases and balance transfers*. To top it off, the Capital One Savor Cash Rewards Credit Card comes with the same $0 annual fee as the stripped-down version (see rates & fees).

*A fee applies for balance transfers.

Capital One Savor Cash Rewards for Good Credit vs. Chase Freedom Flex℠

| Disclosures
Chase Freedom Flex℠*
Chase Freedom Flex℠
0% intro APR on purchases for 15 months
19.74% - 28.49% variable
$0
5% cash back on up to $1,500 in combined purchases in bonus
  • Earn a $200 bonus after you spend $500 on purchases in the first 3 months from account opening.
  • 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter!
  • 5% cash back on travel purchased through Chase Ultimate Rewards®, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more
  • 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1% cash back on all other purchases.
  • No minimum to redeem for cash back. You can choose to receive a statement credit or direct deposit into most U.S. checking and savings accounts. Cash Back rewards do not expire as long as your account is open!
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 19.99% - 28.74%.
  • No annual fee – You won't have to pay an annual fee for all the great features that come with your Freedom Flex℠ card
  • Keep tabs on your credit health - Chase Credit Journey helps you monitor your credit with free access to your latest score, real-time alerts, and more.
660 720 850
Good / Excellent
*The information related to the Chase Freedom Flex℠ has been collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.


If you’re looking for a more flexible option, the aptly named Chase Freedom Flex℠ may be a better choice. This card pairs tiered rewards on everyday purchases with rotating 5% bonus categories. You’ll earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter. Plus, earn 5% cash back on travel purchased through Chase Ultimate Rewards®, 3% on dining and drugstores, and 1% on all other purchases. You’ll also get a valuable sign-up bonus, an intro APR on purchases and balance transfers and solid purchase and travel protections — all for a $0 annual fee.

Capital One Savor Cash Rewards for Good Credit vs. Wells Fargo Active Cash® Card

| Disclosures
Wells Fargo Active Cash® Card*
Wells Fargo Active Cash® Card
0% intro APR for 12 months from account opening
19.49%, 24.49%, or 29.49% Variable APR
$0
Earn unlimited 2% cash rewards on purchases
  • 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 12 months from account opening on purchases and qualifying balance transfers. 19.49%, 24.49%, or 29.49% 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.
660 720 850
Good / Excellent
*The information related to the Wells Fargo Active Cash® Card has been collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.


If the bonus categories for the Capital One Savor Cash Rewards for Good Credit don’t match up with your spending, you may want to consider a flat-rate cash back card. The Wells Fargo Active Cash® Card could be a good option: It lets you earn unlimited 2% cash rewards on purchases, so you won’t have to worry about keeping track of categories or juggling multiple cards. It also comes with a $0 annual fee, an easy-to-earn sign-up bonus and intro APRs on purchases and balance transfers.

Is the Capital One Savor Cash Rewards for Good Credit right for you?

The Capital One Savor Cash Rewards for Good Credit is a great option for foodies and nightlifers with good — but not excellent — credit. It boasts a $0 annual fee and earns elevated rewards on dining, groceries and entertainment (see rates & fees). However, it lacks some of the valuable features found on other cash back cards, like a sign-up bonus and intro APR periods.

But if you have good / excellent credit, you should consider the more rewarding Capital One Savor Cash Rewards Credit Card. It comes with the same great rewards, the chance to earn a sign-up bonus, intro APR periods and a lower variable APR (see rates & fees). And if you’d like to earn bonus cash back on different categories, a rotating or flat-rate cash back card can offer even more value and flexibility.

apply-now-icon Apply Now
on Capital One's secure site
Rates & Fees

For Capital One products listed on this page, some of the above benefits are provided by third parties such as Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as certain terms, conditions, and exclusions apply.

The information related to the Chase Freedom Flex℠ and Wells Fargo Active Cash® Card has been collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply.

The content above is not provided by any issuer. Any opinions expressed are those of LendingTree alone and have not been reviewed, approved, or otherwise endorsed by any issuer. The offers and/or promotions mentioned above may have changed, expired, or are no longer available. Check the issuer's website for more details.