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Whether you wish to dine in or explore restaurants around town, the Capital One SavorOne Money Rewards Credit Card could also be ideal for you.

This card offers a high cash-back rate on dining and at grocery stores (excluding superstores like Walmart® and Goal®) plus other popular spending categories. And it doesn’t have annual or foreign transaction fees, which makes it a improbable addition to any wallet.

Read on for a deep dive into the cardboard’s benefits, features and potential drawbacks.

Pros and cons of the Capital One SavorOne Money Rewards Credit Card

Overview

The Capital One SavorOne Money Rewards Credit Card is taken into account one in every of the best cash-back bank cards around.

This no-annual-fee bank card offers a high bonus rate on six spending categories, including 3% a reimbursement on dining, entertainment and grocery stores (excluding superstores like Walmart® and Goal®). So, in case you spend a lot on groceries or are sometimes going to restaurants or concert events, that’s amongst the perfect bank cards to keep up handy in your wallet.

Moreover, the Capital One SavorOne Money Rewards Credit Card doesn’t charge foreign transaction fees, which might be common for bank cards with no annual fee. The cardboard also provides travel accident insurance and 5% a reimbursement on hotels and rental cars booked through Capital One Travel, making it considered one in every of the best travel bank cards around.

The Capital One SavorOne Money Rewards Credit Card is meant for excellent credit; nevertheless, in case your credit falls throughout the “good” but not excellent range, you’ll give you the chance to contemplate the Capital One SavorOne Money Rewards for Good Credit.

This version offers just concerning the equivalent rewards rate and benefits, just not the welcome bonus or an introductory APR. It can probably even have the following APR of as much as reg_apr,reg_apr_type.

There’s also a higher-end version of those cards, the Capital One Savor Money Rewards Credit Card. It has a $95 annual fee, but does offer the following reward rate — 4% a reimbursement on dining, entertainment, and select streaming services and three% back at grocery stores (excluding superstores like Walmart® and Goal®).

Rewards

Earning a reimbursement with the Capital One SavorOne Money Rewards Card

With the Capital One SavorOne Money Rewards Credit Card you’ll give you the chance to earn:

• 8% a reimbursement on Capital One Entertainment purchases

• 5% a reimbursement on hotels and rental cars booked through Capital One Travel

• 3% a reimbursement on dining, entertainment, popular streaming services and grocery stores (excluding superstores like Walmart® and Goal®)

• 1% on all other purchases

Furthermore, cardmembers can get 10% a reimbursement on qualifying Uber and Uber Eats purchases through November 14, 2024. (Offer valid throughout the U.S. only.)

It’s price mentioning that Capital One has broad definitions for its bonus categories, giving cardmembers outstanding cash-back earning potential at countless establishments, each here and internationally.

As an illustration, the dining category includes restaurants, cafes, bars, bakeries, food delivery services (corresponding to DoorDash), takeout services and more. The entertainment category will be quite comprehensive, including venues and events like movie theaters, expert sporting events, amusement parks and tourist attractions, amongst others.

More importantly, the cardboard doesn’t have quarterly or yearly reward caps or foreign transaction fees, so that you’ll give you the chance to earn unlimited rewards worldwide.

Nevertheless, you should review the cardboard’s improbable print as there are quite a few restrictions. As an illustration, the entertainment category excludes golf courses and college sporting events. And while the cardboard’s streaming service bonus includes popular names like Netflix and Hulu, it doesn’t cover Amazon Prime Video.

Redeeming your a reimbursement

With the Capital One SavorOne Money Rewards Credit Card, you’ll give you the chance to redeem your rewards for:

• Statement credits
• Checks
• PayPal
• Amazon
• Gift cards

You could redeem your a reimbursement as a physical check or as statement credits to reduce your outstanding balance. You could manually request the a reimbursement through your Capital One account or arrange automatic redemptions that will probably be scheduled for a set date annually or after accruing a set amount of rewards (starting at $25).

You could also transfer your rewards to a Capital One card that earns miles, corresponding to the card_name. This might convert your rewards into miles, which you’ll give you the chance to then transfer to any of Capital One’s 17 travel partners. These include:

• Aeromexico Club Premier
• Air Canada Aeroplan
• Air France KLM Flying Blue
• Asia Miles
• Accor Live Limitless
• Avianca LifeMiles
• British Airways Executive Club
• Alternative Privileges
• Emirates Skywards
• Etihad Guest
• EVA Air Infinity MileageLands
• Finnair Plus
• Qantas Frequent Flyer
• Singapore Airlines KrisFlyer
• TAP Portugal Miles&Go
• Turkish Airlines Miles&Smiles
• Virgin Red

Lastly, you’ll give you the chance to redeem collected rewards for gift cards from retailers, restaurants and more or through Amazon or PayPal checkout.

Benefits and Perks

Insurance and warranties

• Travel accident insurance. You, your spouse (or domestic partner) and dependent children are covered as much as $1,000,000 against accidental lack of life, limb, sight, speech or hearing while riding, entering or exiting a licensed common carrier, corresponding to an airline, cruise or train. It’s essential to pay the passenger fare in full along together with your card to be eligible for coverage.
• Prolonged warranty. It doubles the unique manufacturer’s warranty (as much as a maximum of 24 months) on select items purchased along together with your card. When you occur to purchase an optional prolonged warranty of as much as 24 months, this policy will provide as much as 24 additional months of coverage once the unique and optional coverage periods end.

Statement credits

• Complimentary Uber One membership. Use your Capital One SavorOne Money Rewards Credit Card to enroll and pay for Uber One, and you’re going to get a monthly statement credit to cover the membership cost. Uber One includes $0 delivery on eligible food purchases, groceries and more on Uber Eats. You moreover mght get member pricing and access to top-rated drivers for Uber rides. This offer is accessible through November 14, 2024. Offer valid only throughout the U.S.

Other benefits

• Complimentary concierge service. Get personalized assistance with dinner reservations, travel bookings, entertainment experiences and more, 24/7, 300 and sixty five days a yr.

• 24-hour travel assistance services. Get an emergency substitute card and a money advance in case your bank card is lost or stolen while traveling.

• Capital One Travel. You need to utilize this platform to book flights, hotels and automotive rentals — and the reservations include a price match guarantee. When you occur to seek out a inexpensive itinerary elsewhere, notify Capital One inside 24 hours after making the reservation, and you can receive a travel credit for the difference. (Terms apply.)

• Capital One Dining. Cardholders can gain access to hard-to-book restaurants and exclusive dinners by acclaimed chefs.

• Capital One Entertainment. This ticketing platform provides access to exclusive events corresponding to celebrity meet-and-greets and premium seats at sporting and musical events.

Rates of interest and charges

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How we evaluated the Capital One SavorOne Money Rewards Credit Card

To guage the Capital One SavorOne Money Rewards Credit Card, we considered the following elements:

• Annual fee. The cardboard’s yearly fee is crucial when deciding if its rewards and benefits are well definitely worth the expense. It is usually essential when determining how a card compares to others within the equivalent price range.

• Additional rates and charges. We also considered other relevant rates and charges, including the cardboard’s foreign transaction, balance transfer and rates of interest.

• Rewards. We evaluated the cardboard’s bonus categories and the best way easy it’s for cardholders to maximise their rewards. We also looked into the cardboard’s redemption options, corresponding to a reimbursement or travel.

• Benefits. We reviewed the cardboard’s insurance policies and buy protections along with their coverage level. We also considered additional perks, corresponding to complimentary statement credits or memberships.

Summary of Money’s Capital One SavorOne Money Rewards Credit Card review

When you occur to often spend on dining and entertainment, or spend a lot on groceries, the Capital One SavorOne Money Rewards Credit Card is certainly price considering. The cardboard offers high rewards on several popular spending categories, including dining and entertainment. Pair this with its lack of annual and foreign transaction fees, and in addition you get a solid cash-back credit which will maximize your point-earning potential each at home and while traveling.