- Permanent Increased Cash Back offers on 2 Capital One Cards. The Savor Card now has unlimited 4% cash back on popular categories & the SavorOne Card offering 3% cash back.
Capital One Savor One Rewards
Apply now Award System
Bank
Reconsideration Phone
800.227.4825
Breaking Points
April 15, 2021
Mini Points, April 2021
| Bonus Points | Minimum Spend | Point Value | Annual Value | Annual Fee | 1st Year Value |
|---|---|---|---|---|---|
| 20,000 | $500 | 1.0 ¢ | $0 | $0 | $205 |
| Best Value | Differentiating Perks | Rules |
|---|---|---|
| Cash Back | 3% Cash Back on Dining & Entertainment, 3% Grocery, $200 Cash Bonus. | 5/24 |
Card Type:
Personal, Cash
Spend Categories
All Other - »
1X points
1¢ Per Dollar Spent
Entertainment and Streaming + »
3X points
3¢ Per Dollar Spent
Grocery Stores = »
3X points
3¢ Per Dollar Spent
Hotels - »
5X points
5¢ Per Dollar Spent
Restaurants = »
3X points
3¢ Per Dollar Spent
Rideshare and Transit - »
5X points
5¢ Per Dollar Spent
Card Benefits
Car Rental Insurance »
Using this card gives you secondary car rental insurance on collision and theft, up to the cost of the vehicle for 15 days. Any international rentals are covered by primary insurance when using this card.
Using this card gives you secondary car rental insurance on collision and theft, up to the cost of the vehicle for 15 days. Any international rentals are covered by primary insurance when using this card.
No Foreign Transaction Fees »
You will pay no foreign transaction fees when you use your card for purchases made outside the United States.
You will pay no foreign transaction fees when you use your card for purchases made outside the United States.
Concierge »
Call 1-800-953-7392 to get complimentary assistance making dinner reservations, buying theater tickets, getting travel guides, sending gifts/flowers, and dozens of other specific requests.
Call 1-800-953-7392 to get complimentary assistance making dinner reservations, buying theater tickets, getting travel guides, sending gifts/flowers, and dozens of other specific requests.
Roadside Assistance »
Call 1-800-847-2869; a flat $69.95 charge for towing up to 5 miles, tire changing, jump starting, locksmith service, fuel delivery and standard winching; cardholder will be charged for any additional services or goods provided.
Call 1-800-847-2869; a flat $69.95 charge for towing up to 5 miles, tire changing, jump starting, locksmith service, fuel delivery and standard winching; cardholder will be charged for any additional services or goods provided.
Extended Warranty »
You can double the warranty up to 1 additional year on eligible purchases with warranties of 3 years or less.
You can double the warranty up to 1 additional year on eligible purchases with warranties of 3 years or less.
Price Protection »
If you find a lower price within 120 days of purchase, you can be reimbursed for the difference.
If you find a lower price within 120 days of purchase, you can be reimbursed for the difference.
Point Transfer Options
Transfer To Spouse/Partner Yes
Transfer To Friends Yes
Travel Partner Transfers
Outside Point System Cash in Cents
Transfers In From
Amex Member Rewards
1:1 71% value retained
Barclay Miles
1:1 100% value retained
Capital One Miles
1:1 91% value retained
Chase Ultimate Rewards
1:1 63% value retained
US Bank Flex Perks
1:1 83% value retained
Wells Fargo Go Far Rewards
1:1 67% value retained
Why You Might Want This Card
Show Me the Money
This is a cash back card, but not all cash back cards are created equally. Here are some positives, this particular one has no annual fee, there actually is a sign up bonus, it’s small but there, and you can get 3% cashback on dining and entertainment. Dining is broad, including cafes, bars and even take-out for those lock down kinda situations.
Spending my Cash Back Money
Capital One makes redeeming rewards surprisingly simple. This card is no exception. Get Cash Back in the form of a statement credit or a check with no minimum requirement. It does have some surprise perks along with the welcome bonus, you get Travel Accident Insurance, Extended Warranty and one of the best credit card mobile apps that is currently available. Even with all of these seemingly positive things, I have never had this card and never intend to, why? Let’s get down to the bottom line.
Bottom Line
While you do get a sign up bonus, it’s less than $200 and 3% back is pretty average, if not on the lower end, especially because it’s category specific. You could downgrade to this card if you have other Capital One cards with annual fees, downgrading doesn’t qualify as applying for a card so it won’t affect your credit. Overall, not a great card if it’s going to tip one of your rules, there are plenty of other ones with much better welcome bonus and / or don’t have specified categories, like the Citi Premier Card or the Capital One Spark Cash Business.
Application Rules
Your application will be declined if 5 new cards are reported on your personal credit report in the past 24 months
Ranking of Cards Offering Cash in Cents
What to Know Before Canceling
With no annual fee, unless there is a specific reason, we usually leave cards open to maintain the relationship with the bank.
Breaking Points
April 15, 2021
Mini Points, April 2021
- Permanent Increased Cash Back offers on 2 Capital One Cards. The Savor Card now has unlimited 4% cash back on popular categories & the SavorOne Card offering 3% cash back.
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