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Capital One SavorOne Cash Rewards Credit Card: The Card That Caters to the Weekend

Whether you spend Friday nights out on the town or at home eating takeout, this card will help curb inflated costs.

Capital One SavorOne Cash Rewards Credit Card
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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
19.24% – 29.24% (Variable)
Rewards rate
1% – 10% Earn 10% cash back on purchases made through Uber & Uber Eats, plus complimentary Uber One membership statement credits through 11/14/2024; 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; Earn unlimited 3% cash back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®); Earn 1% on all other purchases
Rewards Rate
10%
Earn 10% cash back on purchases made through Uber & Uber Eats, plus complimentary Uber One membership statement credits through 11/14/2024
8%
Earn 8% cash back on Capital One Entertainment purchases
5%
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
3%
Earn unlimited 3% cash back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®)
1%
Earn 1% on all other purchases

You might be the kind of person who enjoys spending the weekend seeing new shows and checking out restaurants, or you might be someone who prefers ordering pizza and watching the new season of Stranger Things. Whatever your style, the Capital One SavorOne Cash Rewards Credit Card* will earn you good cash-back rates for no annual fee

The SavorOne’s claim to fame is its perks on dining, entertainment, streaming services and grocery stores. What’s more, the introductory APR will afford you some breathing room on purchases and balance transfers, making this a great card if you’re looking to ride out the economic turbulence as the Fed raises interest rates to contain inflation. The welcome bonus adds some extra incentive, as well.

The catch? You’ll need good to excellent credit -- so, a credit score of at least 670 -- to get approved.

Rewards

With the Capital One SavorOne, you earn unlimited 3% cash back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Target and Walmart). For other purchases, you’ll earn the typical 1%. 

Dining and grocery stores are a large part of most budgets, and 3% is a strong cash back rate for any card or rewards category. Entertainment is a bit more of a niche category, but could be lucrative for the right cardholder. Entertainment purchases include movie theaters, sports promoters (professional and semi-professional live events), amusement parks, tourist attractions, aquariums, zoos, dance halls, record stores, pool halls and bowling alleys.

Meanwhile, streaming services include Netflix, Hulu and Disney+, but exclude others like Prime Video and audiobook subscriptions. See our picks for the best streaming services credit cards for a wider selection.

There are a few other opportunities to earn boosted rewards rates, but they are less robust than these categories and come with stipulations. We’ll walk you through these in our “other perks and rewards” section.

Welcome offer

For the welcome bonus, you can earn a $200 cash bonus when you spend at least $500 in the first three months of having the account. This is one of the best values on the market for a welcome bonus when compared to its spending threshold, although higher nominal bonuses do exist among our picks for the best welcome bonuses.

Rewards redemption

The primary rewards redemption method with the Capital One SavorOne is for cash back in the form of a statement credit or check. A unique feature is that you can schedule regular cash-back redemptions ahead of time through your online account, either on a certain day each calendar year or every time you reach a certain rewards threshold. There is no minimum threshold for redeeming your rewards.

You can also redeem your rewards for previous purchases or gift cards, but redemption values may vary when doing so. But your SavorOne rewards never expire as long as your account remains open.

If the cash-back options aren’t right for you, you can use your rewards when you check out with PayPal or at Amazon.com -- you just have to have your card connected to the respective account.

Intro APR

This card can suit multiple needs simultaneously, as it also comes with a 0% introductory APR for 15 months, on both purchases and balance transfers (19.24% to 29.24% variable APR thereafter; 3% balance transfer fee on amounts transferred within the first 15 months). Thus, you can use this card to collect rewards and finance a large purchase at the same time -- or transfer a balance from a high interest credit card to save on interest and tackle debt more quickly.

Other perks and rewards

Capital One offers its own branded portals where you can book restaurant and travel experiences: Capital One Dining and Capital One Travel. Features and partners are still being rolled out with both programs, so options may be more limited than those of the competing American Express and Chase portals -- but you can earn additional cash back if you can make use of its current offerings.

If you do book a hotel or rental car through Capital One Travel, you’ll earn 5% cash back (terms apply). The same does not go for Capital One Dining, however. While you can book unique experiences through the platform, you won’t earn additional cash back.

And true to this card’s entertainment and dining focus, you can also earn extra cash back -- a whopping 8% -- on Capital One Entertainment purchases.

Like all other Capital One credit cards, the Capital One SavorOne Cash Rewards Credit Card comes with no foreign transaction fees.

Comparable cards

Capital One Savor Cash Rewards Credit Card

The Capital One Savor Cash Rewards Credit Card* is an upgrade from the SavorOne -- while you’re on the hook for a $95 annual fee, you’ll net higher rewards rates and a better welcome bonus.

With this card you earn 4% on dining, entertainment and popular streaming services, 3% on grocery stores (excluding superstores like Target and Walmart) and 1% on all other purchases. So if you’re a big spender on nightlife and food, this card may offer a better value. You will get the opportunity to earn 8% cash back on entertainment bookings made through Capital One Entertainment, in addition to the extra cash-back opportunities that come with the SavorOne. It doesn’t offer an introductory APR, though.

U.S. Bank Altitude® Go Visa Signature® Card

The U.S. Bank Altitude® Go Visa Signature® Card offers the most similar spread of benefits to the SavorOne while maintaining no annual fee.

You earn 4x points on dining, takeout and restaurant delivery, 2x points on grocery stores, grocery delivery, streaming services, gas stations and EV charging stations and 1x point on all other eligible purchases. Points are generally worth 1 cent each when redeeming for a statement credit. You can also take advantage of the 0% introductory APR for 12 billing cycles for purchases and balance transfers (then a 19.74% to 28.74% variable APR). The welcome bonus offers 20,000 bonus points if you spend $1,000 in eligible purchases in the first 90 days from account opening.

How Capital One SavorOne Cash Rewards Credit Card compares to other cards

Capital One SavorOne Cash Rewards Credit Card
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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
19.24% – 29.24% (Variable)
Intro Purchase APR
0% intro on purchases for 15 months
Rewards rate
1% – 10% Earn 10% cash back on purchases made through Uber & Uber Eats, plus complimentary Uber One membership statement credits through 11/14/2024; 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; Earn unlimited 3% cash back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®); Earn 1% on all other purchases
Wells Fargo Active Cash® Card
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Wells Fargo Active Cash® Card
9.5/10 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 cash rewards Earn a $200 cash rewards bonus after spending $1,000 in purchases in the first 3 months
Annual fee
$0
APR
19.74%, 24.74%, or 29.74% variable APR
Intro Purchase APR
0% intro APR for 15 months from account opening
Rewards rate
2% Earn unlimited 2% cash rewards on purchases
Apply Now
On Wells Fargo’s secure website
Citi® Double Cash Card
Apply Now
Citi® Double Cash Card
7.25/10 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
No current offer
Annual fee
$0
APR
18.74% – 28.74% (Variable)
Intro Purchase APR
N/A
Rewards rate
2% Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.
Apply Now
On Citi’s secure website

FAQs

With so many excellent restaurant and dining credit cards on the market, it can be difficult to choose the best one for you. The fact is that many of the cards on our list offer comparable dining benefits, which means you may need to look a little closer at the rest of the terms and rewards. Pay attention to whether there’s a limit on the dining rewards you can earn and see what combination of rewards and terms best fits your lifestyle and spending habits.

Each credit card comes with different rules about what you can and cannot earn elevated rewards for. For example, some issuers only offer elevated rewards on money spent at actual restaurants, while others include takeout and delivery. Although bars are typically classified as restaurants, there may be a few instances where they are not.

Also, some cards may allow you to earn points at bars if they are also dining establishments, while others may allow elevated rewards at all establishments regardless of whether they serve food.

Cash-back credit cards offer cardholders rewards on their spending in the form of statement credits or cash. A statement credit is a reduction in the amount due to the credit card company on your monthly bill. Note that rewards are not always available the month you earn them -- they are usually applied to your balance by credit card issuers after one or two billing cycles.

The redemption process for cash-back credit cards is either automatic or very simple. Some cards automatically apply cash rewards to your statement balance each month. Others require you to log in and redeem available rewards points for statement credits. Most points don’t expire, but you will lose them if you close the account before redeeming them.

Our methodology

CNET reviews credit cards by exhaustively comparing them across set criteria developed for each major category, including cash-back, welcome bonus, travel rewards and balance transfer. We take into consideration the typical spending behavior of a range of consumer profiles -- with the understanding that everyone’s financial situation is different -- and the designated function of a card.

*All information about the Capital One SavorOne Cash Rewards Credit Card and Capital One Savor Cash Rewards Credit Card has been collected independently by CNET and has not been reviewed by the issuer. 

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.

Jaclyn is a CNET Money editor who relishes the sweet spot between numbers and words. With responsibility for overseeing CNET's credit card coverage, she writes and edits news, reviews and advice. She has experience covering business, personal finance and economics, and previously managed contracts and investments as a real estate agent. Her tech interests include Tesla, SpaceX, The Boring Company and Neuralink.