Details about the 2024 Savor family changes:
  • The original Capital One Savor Cash Rewards Credit Card was closed to new applicants July 16, 2024 and is now referred to as "legacy".
  • On October 22, 2024, the no-annual-fee Capital One SavorOne Cash Rewards Credit Card was renamed the Capital One Savor Cash Rewards Credit Card, replacing the original, but keeping the same earning rates and $0 annual fee as the SavorOne.
  • Those with the (legacy) Capital One Savor Cash Rewards Credit Card still earn at the increased 4% cash back rates and still pay whatever fee they originally had (either $95 or the grandfathered $0).

Earning Rates

The Capital One Savor Card earns cash back at the following rates:

  • 5% cash back on hotels and rental cars booked through Capital One Travel.
  • 3% cash back on dining.
  • 3% cash back on entertainment.
  • 3% cash back on popular streaming services.
  • 3% cash back at grocery stores (excludes stores like Target and Walmart).
  • 1% cash back on all other purchases.

Key Benefits

Here are the main benefits of the Capital One Savor Card:

  • Travel & Purchase Coverage: Travel Accident Insurance and Extended Warranty.

Transfer Partners & Conversion Calculator

Cash back earned with the Savor Card can be converted into Capital One miles if you have an eligible Venture Rewards or Spark Rewards credit card. Every 1 cent in cash back from Savor equals 1 Venture mile or Spark mile.

Venture miles and Spark miles are typically worth 1 cent per mile when redeemed for travel purchases or bookings through Capital One Travel. In these cases, $1 in cash back is equivalent to 100 miles.

However, the real value comes when you convert Capital One miles to airline miles or hotel points through Capital One’s travel partners, where miles can be worth up to 2 cents each—doubling your cash back's value.

For travel enthusiasts, maximizing your Savor rewards by pairing it with a Venture Rewards or Spark Rewards card is highly recommended.

Fees

Annual Fee

The Capital One Savor Card has no annual fee which is fantastic since it earns unlimited cash back at un-capped earning rates.

Authorized User Fee

There's no fee to add authorized users to the Capital One Savor Card. Adding family and friends can help you earn cash back faster — especially since there's no cap on how much you can earn.

Foreign Transaction Fee

The Capital One Savor Card has a 0% foreign transaction fee. That means you can use the card to make purchases outside of the United States with no penalty.