Capital One
Savor Rewards Card from Capital One
Cashback rewards card with unlimited 3% on dining, entertainment, and streaming; 5% on travel bookings; plus $250 sign-up bonus and no annual fee.
Annual fee
None
Top rate
0.05x hotels & car rentals
Welcome bonus
$250
Quick look
Food & Fun Rewards
Unlimited 3% cash back on dining, entertainment & streaming
3.6
out of 5
Rewards
Fees
Welcome bonus
Perks
Value
Overall score is a weighted average: Rewards 20% · Fees 20% · Welcome bonus 20% · Perks 20% · Value 20%.
Ideal for
Diners and grocery shoppers who pay off their balance monthly and want no-fee earning on their everyday spending.
The verdict
The Savor Rewards Card is a solid no-annual-fee card for diners and grocery shoppers. The 3% cash back on dining, groceries, and streaming hits three spending categories that overlap with most households' budgets, and the $250 welcome bonus arrives after a reasonable $500 spend-in-three-months window. The catch: Capital One caps unlimited rewards at these categories, dropping to a meager 1% on everything else—which undercuts peers offering 1.5% or 2% flat. The grocery earning excludes superstores like Walmart and Target, narrowing where you earn bonus rates. High post-intro APR (up to 28.49%) makes this a keep-it-paid-off card, and the 0% intro APR lasts only 12 months before regular rates kick in.
Best for: Diners and grocery shoppers who can avoid carrying a balance. Skip if: You spend more on gas, travel, or general merchandise than on food.
Pros
- No annual fee and no foreign transaction fees make it accessible and travel-friendly
- 3% cash back on dining, groceries, and streaming hits everyday spending for most households
- 0% intro APR for 12 months on purchases and balance transfers provides short-term breathing room
- $250 welcome bonus with realistic $500 spend-in-3-months spend threshold
Cons
- 1% base rate on non-bonus purchases lags competitors offering 1.5-2% flat cash back
- Grocery 3% excludes superstores (Walmart, Target), narrowing where the rate actually applies
- High regular APR (18.49-28.49%) after intro period; balance transfer fees (3% first 12 months) add costs
- Customer service complaints and merchant category miscoding reported by existing cardholders
Reward rates
| Category | Rate | Details |
|---|---|---|
| Hotels & car rentals | 0.05x | Unlimited 5% cash back on hotels, vacation rentals and rental cars booked through Capital One Travel |
| Dining & restaurants | 0.03x | Unlimited 3% cash back at restaurants and dining |
| Groceries | 0.03x | Unlimited 3% cash back at grocery stores |
| Streaming | 0.03x | Unlimited 3% cash back on streaming services |
| Everything else | 0.01x | Unlimited 1% cash back on all other purchases |
The 3% rate on dining, groceries, and streaming is competitive for a no-fee card, but Capital One's unwillingness to apply it beyond these three categories (plus 5% on Capital One Travel bookings) leaves broad spenders at a disadvantage. The 1% base rate ranks 140th in the catalog—most cash back cards in Capital One's own tier offer 1.5-2% flat. Grocery earning excludes superstores, which means Walmart, Target, and Costco shoppers won't hit the 3% rate at their primary grocer.
Fees and APR
Does it pay for itself?
As a no-annual-fee card in a 98-card peer group, the Savor holds its own on cost alone. The real fee burden emerges after the intro period: regular APR tops out at 28.49%, significantly higher than the broad card-issuer average, and balance transfer fees (3% first 12 months, then 4%) apply if you need liquidity. The card pays for itself only if you never carry a balance.
Welcome bonus
Is it worth chasing?
The $250 bonus requires $500 spending in three months, a threshold most cardholders hit within a month of everyday dining and groceries. The offer is solid for a no-fee card but doesn't rival premium card bonuses. Note: Capital One has occasionally approved applicants for the card but denied them the bonus—verify eligibility before applying.
Similar cards
Flat 1.5-3% cash back with customizable categories; no annual fee. Better for flexible spenders.
1.5% flat cash back everywhere; no annual fee. Simpler earning, but lower rates in Savor's bonus categories.
Frequently asked questions
Does the Savor Rewards Card have an annual fee?
No. The Savor Rewards Card charges no annual fee, making it accessible to those building credit or testing Capital One's ecosystem. The tradeoff is in its rewards structure—earning is concentrated in dining, groceries, and streaming rather than spread across multiple categories.
What credit score do I need to apply?
Capital One typically targets applicants with good to excellent credit (approximately 700+). Approval isn't guaranteed below this threshold, and Capital One's approval standards can be strict. Even approved applicants occasionally report being denied the welcome bonus.
Is there a foreign transaction fee?
No. The card charges no foreign transaction fees, making it suitable for travel outside the US. However, the 1% base rate on non-bonus purchases abroad may feel thin compared to cards offering 2-3% flat.
Does the 3% grocery rate apply at all supermarkets?
No. The 3% rate excludes superstores like Walmart, Target, and Costco. If your primary grocer is a superstore, you'll earn only 1% back on those purchases—a significant gap for a household earning 3% elsewhere.
Can I use the $0 balance transfer fee offer after the intro period ends?
No. The balance transfer fee is 3% for the first 12 months (during the intro period) and then 4% thereafter. Once the 0% intro APR expires, balance transfer fees apply at the standard 4% rate.
Reviewed by YoungerFinance Editorial · Last updated August 11, 2026