Table of Contents In this article

Why You Can Trust CNET Money

CNET Money’s mission is to help you maximize your financial potential. Our recommendations are based on our editors’ independent research and analysis, and we continuously update our content to reflect current partner offers. How we rate credit cards
Advertiser Disclosure

CNET editors independently choose every product and service we cover. Though we can’t review every available financial company or offer, we strive to make comprehensive, rigorous comparisons in order to highlight the best of them. For many of these products and services, we earn a commission. The compensation we receive may impact how products and links appear on our site.

Blue Cash Preferred Card From American Express vs. Capital One SavorOne Cash Rewards Credit Card

Either way, you can earn on food and entertainment.

CNET'S PICK
Blue Cash Preferred® Card from American Express
Learn More

Blue Cash Preferred® Card from American Express

8/10 CNET Rating CNET rates credit cards by comparing their offers to those of their categorical competitors. Each card is individually evaluated through a formula which reflects the standards and expectations of the contemporary market. Credit card issuers have no say or influence in our ratings. How we rate credit cards
Intro Offer
Earn $250 Earn a $250 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months.
Annual fee
$0 intro annual fee for the first year, then $95.
APR
19.24% - 29.99% Variable
Rewards rate
1% - 6% 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%); 6% Cash Back on select U.S. streaming subscriptions; 3% Cash Back on transit including taxis/rideshare, parking, tolls, trains, buses and more; 3% Cash Back at U.S. gas stations; 1% Cash Back on other purchases
Rewards
Card perks
6%
6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%)
6%
6% Cash Back on select U.S. streaming subscriptions
3%
3% Cash Back on transit including taxis/rideshare, parking, tolls, trains, buses and more
3%
3% Cash Back at U.S. gas stations
1%
1% Cash Back on other purchases
Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit.
Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more
Best for
Rewards
Card perks
Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit.
Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more
Capital One SavorOne Cash Rewards Credit Card
Learn More

Capital One SavorOne Cash Rewards Credit Card

7/10 CNET Rating CNET rates credit cards by comparing their offers to those of their categorical competitors. Each card is individually evaluated through a formula which reflects the standards and expectations of the contemporary market. Credit card issuers have no say or influence in our ratings. How we rate credit cards
Intro Offer
$200 Earn a one-time $200 cash bonus after you spend $500 on purchases within the first 3 months from account opening
Annual fee
$0
APR
19.99% - 29.99% (Variable)
Rewards rate
1% - 8% 8% Cash Back on Capital One Entertainment purchases; 5% Cash Back on hotels and rental cars booked through Capital One Travel (terms apply); 3% Cash Back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®); 1% Cash Back on all other purchases
Annual Fee
Welcome offer
Introductory APR
8%
8% Cash Back on Capital One Entertainment purchases
5%
5% Cash Back on hotels and rental cars booked through Capital One Travel (terms apply)
3%
3% Cash Back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®)
1%
1% Cash Back on all other purchases
Best for
Annual Fee
Welcome offer
Introductory APR

At a glance

Both of these cash-back cards can complement your everyday spending, but the better choice depends on your lifestyle.

Which card does it better?

It’s a close call between the Blue Cash Preferred Card from American Express* and the Capital One SavorOne Cash Rewards Credit Card*. The cards tie when it comes to rewards and perks. But the SavorOne Cash Rewards Card’s no annual fee, easier-to-earn welcome bonus and longer introductory APR period give it a leg up.

FeatureWinner
RewardsTie
Annual feeCapital One SavorOne Cash Rewards
Welcome bonusCapital One SavorOne Cash Rewards 
Introductory APRCapital One SavorOne Cash Rewards
Additional PerksTie 

Rewards

Winner: Tie

Blue Cash Preferred® Card from American Express
  • 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%)
  • 6% Cash Back on select U.S. streaming subscriptions
  • 3% Cash Back on transit including taxis/rideshare, parking, tolls, trains, buses and more
  • 3% Cash Back at U.S. gas stations
  • 1% Cash Back on other purchases
Capital One SavorOne Cash Rewards Credit Card
  • 8% Cash Back on Capital One Entertainment purchases
  • 5% Cash Back on hotels and rental cars booked through Capital One Travel (terms apply)
  • 3% Cash Back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®)
  • 1% Cash Back on all other purchases

Both of these cards offer ample rewards opportunities for everyday essentials, such as groceries and streaming services. But which card you choose will depend on your spending habits.

If you prefer staying home most nights, the Blue Cash Preferred may earn you more rewards. Even though the SavorOne Cash Rewards card offers boosted rewards at grocery stores (excluding superstores like Target and Walmart), the rewards rate isn’t as high as the Blue Cash Preferred for U.S. supermarkets. The Blue Cash Preferred Card may also be a better fit if you prefer home entertainment since it offers a higher return on select U.S. streaming subscriptions. For example, if you pay for HBO Max ($16 a month), Hulu ($15 a month) and Netflix Premium ($20 a month) each month, you could earn up to $36.69 with the Blue Cash Preferred Card, but only $18.35 with the SavorOne Cash Rewards Card for the popular streaming service category per year with each card. 

However, the SavorOne Cash Rewards outshines the Blue Cash Preferred in other categories, such as dining out, select travel and entertainment outside the house redeemed through Capital One Entertainment. You also earn high rewards for Uber and Uber Eats services.

Annual fee

Winner: Capital One SavorOne Cash Rewards

Blue Cash Preferred® Card from American Express
  • $0 intro annual fee for the first year, then $95.
WINNER
Capital One SavorOne Cash Rewards Credit Card
  • $0

Both cards have a $0 annual fee for the first year. However, the Blue Cash Preferred card has a $95 annual fee after the first year. While this isn’t the highest annual fee compared to other rewards credit cards on the market, it falls short in comparison to the SavorOne Cash Rewards which is a no annual fee credit card

Welcome bonus

Winner: Capital One SavorOne Cash Rewards 

Blue Cash Preferred® Card from American Express
  • Earn a $250 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months.
WINNER
Capital One SavorOne Cash Rewards Credit Card
  • Earn a one-time $200 cash bonus after you spend $500 on purchases within the first 3 months from account opening

Both cards offer a welcome bonus after opening the card. The Blue Cash Preferred earns a $250 statement credit after the cardholder spends $3,000 within the first six months of opening the card -- requiring about $500 a month. The SavorOne Cash Rewards earns a bonus of $200 when you spend $500 within the first three months of opening the card -- equating to approximately $167 a month.

While the Blue Cash Preferred has a higher reward amount, the SavorOne Cash Rewards has a much lower threshold for earning the welcome bonus, offering a better benefit for your spending. For this reason, we’re calling the SavorOne Cash Rewards the winner, but if you regularly spend $500 a month on your credit card and can take advantage of the Blue Cash Preferred’s rewards, opt for that card instead. 

Introductory APR

Winner: Capital One SavorOne Cash Rewards

Blue Cash Preferred® Card from American Express
  • Intro balance transfer APR: 0% intro on balance transfers for 12 months from the date of account opening
  • Intro purchase APR: 0% intro on purchases for 12 months from the date of account opening
  • Regular APR: 19.24% to 29.99% variable
  • Balance transfer fee: Either $5 or 3% of the amount of each transfer, whichever is greater (see rates and fees)
WINNER
Capital One SavorOne Cash Rewards Credit Card
  • Intro balance transfer APR: 0% intro on balance transfers for 15 months
  • Intro purchase APR: 0% intro on purchases for 15 months
  • Regular APR: 19.99% to 29.99% variable
  • Balance transfer fee: 3% for the first 15 months or 4% at a promotional APR that Capital One may offer you at any other time. No fee for amounts transferred at the transfer APR.

The introductory 0% APR for both of these cash-back credit cards applies to new purchases and balance transfers. The big difference is the length of the introductory period. 

The Blue Cash Preferred has a 12-month introductory 0% APR period, and a variable APR of 19.24% to 29.99% after that. It also has a balance transfer fee of 3% or $5, whichever is greater. This is standard for balance transfer offers.

But the SavorOne Cash Rewards wins here because the introductory 0% APR period lasts longer -- clocking in at 15 months. There’s a variable APR of 19.99% to 29.99% after that, and a 3% balance transfer fee

Card perks

Winner: Tie

Blue Cash Preferred® Card from American Express
  • American Express Experiences
  • Up to $120 annual statement credit for Equinox+ when you pay for  an auto-renewing subscription (up to $10 a month in statement credits; enrollment required)
  • Up to $84 annual The Disney Bundle statement credit ($7 a month) when you spend $9.99 or more each month on an eligible subscription (subject to auto renewal; enrollment required)
  • Car rental loss and damage insurance**
  • Return protection on items you bought with the card if the vendor doesn’t take them back up to 90 days after the purchase**
Capital One SavorOne Cash Rewards Credit Card
  • Capital One Entertainment, Capital One Travel and Capital One Dining portals with additional rewards
  • Complimentary Uber One membership through 11/14/2024
  • No foreign transaction fees
  • Travel accident insurance***
  • Extended warranty protection on eligible purchases with no extra charge***

The Blue Cash Preferred offers savings with cardholder credits, but the SavorOne Cash Rewards lets you earn more rewards when you book via Capital One’s portals, making this category a tie. Both of these cards have additional travel, entertainment and dining perks.

Both cards can offer peace of mind when traveling. The SavorOne Cash Rewards offers travel accident insurance and no foreign transaction fees. The Blue Cash Preferred offers car rental loss and damage insurance.

If you’re interested in statement credits, the Blue Cash Preferred offers an annual Equinox+ membership credit and Disney Bundle credit. The SavorOne Cash Rewards offers a complimentary Uber One membership (through Nov. 14, 2024), but its biggest perk is the chance to earn additional rewards when booking experiences with Capital One. 

Both cards have experience portals with exclusive restaurant, travel and entertainment options. When you use your SavorOne Cash Rewards to book through the Capital One portal, however, you’ll get additional cash back on your purchases. You won’t get any additional cash back when you use your Blue Cash Preferred card to book through American Express Experiences. 

How the Blue Cash Preferred® Card from American Express and Capital One SavorOne Cash Rewards Credit Card compare

CNET’S PICK
Blue Cash Preferred® Card from American Express
Learn More

Blue Cash Preferred® Card from American Express

8/10 CNET Rating CNET rates credit cards by comparing their offers to those of their categorical competitors. Each card is individually evaluated through a formula which reflects the standards and expectations of the contemporary market. Credit card issuers have no say or influence in our ratings. How we rate credit cards
Intro Offer
Earn $250 Earn a $250 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months.
Annual fee
$0 intro annual fee for the first year, then $95.
APR
19.24% – 29.99% Variable
Intro Purchase APR
0% on purchases for 12 months
Rewards rate
1% – 6% 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%); 6% Cash Back on select U.S. streaming subscriptions; 3% Cash Back on transit including taxis/rideshare, parking, tolls, trains, buses and more; 3% Cash Back at U.S. gas stations; 1% Cash Back on other purchases
Capital One SavorOne Cash Rewards Credit Card
Learn More

Capital One SavorOne Cash Rewards Credit Card

7/10 CNET Rating CNET rates credit cards by comparing their offers to those of their categorical competitors. Each card is individually evaluated through a formula which reflects the standards and expectations of the contemporary market. Credit card issuers have no say or influence in our ratings. How we rate credit cards
Intro Offer
$200 Earn a one-time $200 cash bonus after you spend $500 on purchases within the first 3 months from account opening
Annual fee
$0
APR
19.99% – 29.99% (Variable)
Intro Purchase APR
0% intro on purchases for 15 months
Rewards rate
1% – 8% 8% Cash Back on Capital One Entertainment purchases; 5% Cash Back on hotels and rental cars booked through Capital One Travel (terms apply); 3% Cash Back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®); 1% Cash Back on all other purchases

The bottom line

Both the Blue Cash Preferred and the SavorOne Cash Rewards can be good additions to your wallet. It all boils down to your lifestyle and spending habits.

If you spend more time at home, you may earn more practical rewards with the Blue Cash Preferred. But if you frequently book Uber rides, order food with Uber and enjoy dining, travel and other experiences outside your home, you’ll find rewards and perks that suit your lifestyle with the SavorOne Cash Rewards Card. 

Overall, the Capital One SavorOne Cash Rewards Card offers more value for no annual fee. But, if you can’t take advantage of this card’s particular rewards or benefits, the Blue Cash Preferred may be a better fit.

FAQs

The best cash rewards credit cards help you earn rewards on everyday purchases.  Many rewards cards offer cash back on categories such as groceries, travel or gas. Before opening a rewards credit card, compare your current spending habits to rewards you’ll earn to help determine which credit card is best.

Depending on your credit card, it you may be able to earn rewards on essentials you’re already buying. The rewards you earn can help you save money or apply rewards to future purchases.  However, try not to use your credit card as a means of financing. Doing so can lead to accruing interest and other financial hardships if you’re unable to pay your bill in full and on time each month.

A 0% introductory purchase APR is a limited-time interest-free period, which some credit card issuers offer when opening an account to new account holders. During this time, you’ll still be required to make minimum payments to keep your account in good standing, but you won’t pay interest for any balance that rolls over during this period. When the introductory period ends, you’ll pay interest on any remaining balance so make sure your balance is paid in full before the 0% introductory offer ends.

For rates and fees of the Blue Cash Preferred Card from American Express, click here.

*All information about the Blue Cash Preferred Card from American Express and the Capital One SavorOne Cash Rewards Credit Card has been collected independently by CNET and has not been reviewed by the issuer.

**Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by Amex Assurance Company.

***Terms, conditions, and exclusions apply. Please refer to your Guide to Benefits for more details.

The editorial content on this page is based solely on objective, independent assessments by our writers and is not influenced by advertising or partnerships. It has not been provided or commissioned by any third party. However, we may receive compensation when you click on links to products or services offered by our partners.

Emma Woodward is a personal finance writer with a passion for simplifying tricky financial concepts. She has covered loans, budgeting and credit cards for Bankrate, The Financial Diet, Finch, Gusto and Human Interest. When she's not helping you balance your budget, you can find her writing about real estate, food and restaurant tech.