Nicola Katie/ Getty Images; Illustration by Austin Courregé/Bankrate
As of July 2025, Capital One announced the new Capital One SavorOne Rewards Credit Card*, not to be confused with the new Capital One Savor Cash Rewards Credit Card, which previously had the same name.
Key takeaways
- As of August 2025, Capital One offers a few versions of its popular Savor Card — the Capital One Savor Cash Rewards Credit Card with a $0 annual fee and the newly updated Capital One SavorOne Rewards Credit Card* with a $39 annual fee.
- The Capital One Savor Cash Rewards Credit Card is geared toward applicants with excellent credit, whereas the refreshed Capital One SavorOne is for those with fair credit.
- Both cards offer the same generous rewards rate for spending, although the Savor Cash Rewards Credit Card sweetens the pot with a welcome offer and intro APR offer for purchases and balance transfers.
If you’re looking for a rewards credit card that gives you more points on dining and entertainment, either the Capital One Savor Cash Rewards Credit Card or the Capital One SavorOne could be a good option. Both cards offer similar earning structures and allow you to redeem cash back in similar ways, but one is available to applicants with fair credit in exchange for a $39 annual fee.
The best card for you out of these two depends largely on your current credit profile and which option you can get approved for. Before you apply for a Savor card from Capital One, read on for a comparison of each card’s rewards rates, fees and features.
Main details
| Cards | Capital One SavorOne Rewards Card | Capital One Savor Cash Rewards Credit Card |
|---|---|---|
| Welcome bonus | N/A | For a limited time, enjoy a $100 credit to use towards flights, stays and rental cars booked through Capital One Travel during your first cardholder year. Plus, earn a $200 cash bonus once you spend $500 on purchases within the first 3 months from account opening |
| Rewards rate |
|
|
| Intro APR | N/A | 0% intro APR on purchases and balance transfers for 15 months, followed by an APR of 19.24% – 29.24% (Variable); Balance transfer fee applies |
| Annual fee | $39 | $0 |
| Recommended credit score | Fair | Excellent, Good |
Capital One Savor vs. Capital One SavorOne
It’s easy to see why the Capital One Savor and Capital One SavorOne would make your list, but which one stands out more? We compare these two Capital One cards side by side in several important categories so that potential cardholders can see their differences for themselves.
Welcome bonus winner
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With the Capital One Savor, you can earn a $200 bonus after spending $500 within the first three months from account opening. And, for a limited time, you can also enjoy a $100 statement credit toward flights, hotel stays and car rentals booked through Capital One during your first cardholder year.
The Savor is the clear winner in this category since the Capital One SavorOne does not offer a welcome bonus at this time.
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While these two cards are geared toward applicants with different credit profiles, they offer the same rewards rate for all types of spending. Cardholders with either the Capital One Savor or Capital One SavorOne can earn:
- 8 percent cash back on Capital One Entertainment purchases
- 5 percent cash back on hotels and rental cars booked through Capital One Travel
- 3 percent cash back on dining, entertainment, popular streaming services and grocery store purchases (excluding superstores like Walmart and Target)
- 1 percent back on all other purchases
Annual fee winner
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The Savor wins in this category because it doesn’t charge an annual fee. In contrast, the Capital One SavorOne for fair credit requires a $39 annual fee each year.
Foreign transaction fee winner
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Neither of these cash back cards charges a foreign transaction fee when making purchases outside of the United States or online with shops that involve a currency exchange. As a result, they tie in this category.
Intro APR offer winner
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An introductory annual percentage rate (APR) offer can help you pay off a large purchase or pay down transferred debt over a set period of time without paying interest. Since the Capital One SavorOne doesn’t come with an introductory APR offer, the traditional Savor for excellent credit comes out ahead in this category.
The Savor offers a 0 percent intro APR on both purchases and balance transfers for 15 months, followed by an APR of 19.24% – 29.24% (Variable). All balance transfers completed within the first 15 months from account opening will come with a 3 percent balance transfer fee. After 15 months, that fee rises to 4 percent as part of a promotion that Capital One may offer you at any other time.
Which card earns the most?
To figure out which card will help you earn more rewards, first determine how much you spend on dining, groceries, entertainment and streaming services. From there, you’ll want to subtract the cost of the $39 annual fee if you plan to apply for the Capital One SavorOne based on your current credit profile.
Capital One Savor vs. SavorOne spending example
Imagine for a moment that you dine out most days of the week, and you frequently spend money on purchases Capital One counts as entertainment. For example, entertainment purchases include:
- Movie tickets
- Theatrical promoters
- Sports promoters
- Amusement parks
- Tourist attractions
- Aquariums
- Zoos
- Dance halls
- Bowling alleys
- Pool halls
- Record stores
In any given month as a frequent spender, say you spend $1,000 on dining, entertainment and streaming services, $400 at grocery stores and $500 on all other spending with your credit card. Here’s what your cash back would look like:
| Spending category | Money spent monthly | Capital One SavorOne cash back earned | Capital One Savor Cash Rewards cash back earned |
|---|---|---|---|
| Dining, entertainment & streaming services | $1,000 | $30 | $30 |
| Grocery store purchases | $400 | $12 | $12 |
| Miscellaneous | $500 | $5 | $5 |
| Total per month | $1,900 | $47 | $47 |
At the end of 12 months, you’ll have earned $564 in cash back with either of these cards. However, your endgame result with the Capital One SavorOne would work out to $525 after you subtract the $39 annual fee.
Why should you get the Capital One SavorOne?
The Capital One SavorOne is best for applicants who have fair credit and need the chance to improve from there. This card lets individuals with fair credit start earning cash back for just $39 per year while qualifying for automatic credit line reviews in as little as six months.
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Capital One gives you access to the Capital One Entertainment portal, which provides exclusive tickets to concerts, sports games, comedy shows, plays and more.
You’ll also receive travel accident insurance, complimentary concierge services, emergency card replacement and other basic cardholder benefits.
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A true cash back credit card, the SavorOne lets you redeem cash back at any time and in any amount you want. You can redeem rewards for:
- Statement credits
- Checks
- Gift cards
- Purchases made on Amazon.com or PayPal
Plus, your rewards won’t expire for the life of the account.
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The Capital One SavorOne says it accepts applicants with fair credit. According to guidelines from the card issuer, this could mean you have defaulted on a loan in the last five years, or that you have limited credit history of less than three years across other credit cards or loan types.
Why should you get the Capital One Savor Cash Rewards?
The Savor doesn’t have an annual fee, so it’s worth considering if you’re adamant about not paying one. Since it’s geared toward applicants with excellent credit, however, you need to make sure you have what it takes to qualify.
Beyond its generous rewards, here are additional reasons to consider signing up for the Savor:
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The Savor offers a range of important benefits in addition to rewards. Perks you’ll get as a cardholder include an intro APR offer for purchases and balance transfers, extended warranty coverage, travel accident insurance, 24-hour travel assistance services and more.
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Like the Capital One SavorOne, you can redeem your Savor rewards for:
- Statement credits
- Checks
- Gift cards
- Purchases made on Amazon.com or via PayPal
Your rewards won’t expire as long as your account is open and in good standing.
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Capital One recommends that Savor applicants have excellent credit. According to Capital One’s Credit Level Guidelines, this means that applicants must never have declared bankruptcy, defaulted on a loan or paid a credit card bill, medical bill or loan more than 60 days late within the last year.
The bottom line
The card that’s best for you depends on your current credit rating and which version you can qualify for. The Capital One Savor is a good option if you don’t want to pay an annual fee, yet you’ll need to have excellent credit to get approved. The Capital One SavorOne has a lower credit threshold to qualify, but you’ll have to pay a $39 annual fee if you want it in your wallet.
Compare both of these cards to the best cash back credit cards on the market today to find an ideal fit with your budget and spending habits. You may find other card options that let you rack up even more cash back in the categories where you spend the most.
*Information about the Capital One SavorOne Rewards Credit Card has been collected independently by Bankrate.com. The card details have not been reviewed or approved by the card issuer.
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