June 18, 2024

Bank cards typically have their very own taste profile–their very own set of advantages that cater to particular spending patterns. The card_name does, too, because it rewards individuals for spending on experiences like going to live shows and eating out. It additionally sprinkles in some cash-back rewards for groceries to offer you some on a regular basis worth.

Capital One® SavorOne® Money Rewards Credit score Card

Credit score rating

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Welcome supply particulars

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Professionals:

  • Excessive cash-back fee on leisure, journey, eating, and groceries.
  • No annual charge or international transaction charges.
  • Features a welcome bonus.

Cons:

  • Should use Capital One’s portal for the very best cash-back charges.
  • Grocery class excludes superstores like Walmart and Goal.
  • Streaming class excludes Prime Video.

To make sure, this card is value utilizing provided that you frequently reap the benefits of its bonus classes. However on condition that it has no annual charge, it’s effectively value contemplating for many who wish to wine, dine, and entertain.

TIME’s Take

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The card_name is a superb no-annual-fee card should you typically spend on leisure, journey, and eating out. Its 8% cash-back fee on Capital One leisure purchases is among the many finest you’ll see amongst playing cards with no annual charge. That stated, you’re restricted to utilizing Capital One’s portals to purchase tickets if you would like the very best cashback charges. Different playing cards would possibly provide you with higher charges in sure classes or flat-rate money again, however it is a nice selection should you frequently spend on experiences.

Capital One SavorOne professionals & cons

Professionals

  • Excessive cash-back fee on leisure, journey, eating, and groceries.
  • No annual charge or international transaction charges.
  • Features a welcome bonus.

Cons

  • Should use Capital One’s portal for the very best cash-back charges.
  • Grocery class excludes superstores like Walmart and Goal.
  • Streaming class excludes Prime Video.

Who’s the cardboard for?

The card_name’s excessive cash-back charges are its signature profit, so this card is for you should you’ll reap the benefits of these classes. Here’s a have a look at every of these classes:

8% on Capital One Leisure

If live shows, meals festivals, sporting occasions, or stand-up comedy are your jam, this card is perhaps for you. These are the sorts of occasions obtainable via Capital One Leisure, which is able to internet you 8% money again.

Availability of close by occasions might range relying on the place you reside, and it’s possible you’ll discover common occasions are offered out. Nonetheless, many occasions can be found on the platform at any given second, making this a simple option to rating a excessive cash-back fee.

5% on Capital One Journey

Capital One Journey is a portal that permits you to guide flights, lodges, and rental vehicles. If you guide flights or rental vehicles via the portal along with your SavorOne card, you may earn 5% money again. Word that flights should not included within the 5% class.

3% cash-back classes

A number of classes earn 3% money again whenever you use the card_name. These embrace eating, leisure, streaming providers, and groceries. In different phrases, any purchases that code as one in every of these classes will earn 3% money again.

Not like some playing cards that put caps on their 3% classes, the card_name earns limitless 3% money again in these classes. Nonetheless, observe that the grocery class doesn’t embrace Walmart or Goal, and the streaming providers class doesn’t embrace Prime Video. Which means these purchases will fall into the 1% class, which you earn on all different purchases.

Word: Capital One recommends a superb credit score stage for candidates. This implies you must have a credit score rating of at the least 740 if you wish to apply.

Options

card_name’s cash-back classes are its essential profit, nevertheless it has another options value noting. Contemplate these options earlier than signing up:

Earn a welcome supply

The card_name features a bonus_miles_full. This bonus is typical of no-annual-fee playing cards, nevertheless it’s nonetheless a pleasant incentive, particularly since you may doubtlessly earn it with out paying any charges.

Low intro APR

This card comes with a intro_apr_rate,intro_apr_duration and balance_transfer_intro_apr,balance_transfer_intro_duration. For stability transfers, there’s a balance_transfer_fees stability switch charge for quantities transferred within the first 15 months or at a promotional APR that Capital One might supply to you at one other time.

Affordable common APR

The common APR for this card is reg_apr,reg_apr_type. A few of the finest no annual charge bank cards might supply decrease APRs. Nonetheless, most of those playing cards have a daily APR just like what you get with the card_name. If you wish to keep away from curiosity costs, your finest recourse is all the time to pay your invoice in full each month.

Versatile redemptions

The card_name provides you many redemption choices, together with money again, reimbursement for earlier purchases, and present playing cards. You can too convert rewards to one in every of Capital One’s airline switch companions. Factors switch to most companions at a 1:1 ratio. You received’t see the biggest U.S.-based airways right here; decisions embrace such airways as Air France KLM, British Airways, Singapore Airways, and Virgin Crimson.

The nice print

  • Common APR: reg_apr,reg_apr_type.
  • Money advance APR: cash_advance_apr.
  • Money advance charge: cash_advance_fee.
  • Stability switch charge: balance_transfer_fees.
  • Late fee charge: As much as late_payment_fee.

Extra hidden perks

The card_name contains a number of further hidden perks. They embrace a mixture of journey and procuring perks:

  • Prolonged guarantee: Get further guarantee safety on eligible gadgets bought along with your card.
  • Journey accident insurance coverage: Get computerized insurance coverage for a coated loss for no additional cost whenever you use your SavorOne card to buy a fare.
  • $0 fraud legal responsibility: You received’t be accountable for unauthorized costs made along with your card.
  • Capital One procuring: Entry to Capital One’s on-line procuring portal that robotically applies coupons to your purchases.
  • PayPal redemptions: You should utilize your Capital One rewards to make purchases at thousands and thousands of on-line retailers.
  • Complimentary concierge: Get 24/7 help making journey, eating, and leisure reservations.
  • 24/7 journey help: In case your card is misplaced or stolen, you may get an emergency substitute and a money advance.

Paired with doubtlessly excessive cash-back charges, these hidden perks might help you get essentially the most worth out of the card_name.

What might be improved

For essentially the most half, this card does what it does effectively, and there isn’t a lot left to be desired. Nonetheless, there are a couple of areas the place it will be good to see some adjustments.

For some individuals, the most important disappointment of this card might be the exclusion of Goal, Walmart, and Prime Video from their respective bonus classes. You possibly can nonetheless earn 1% money again on these purchases, however the incapability to earn additional money again is a little bit of letdown.

One other potential supply of frustration is you can solely get bonus money again on lodges and rental vehicles should you guide via Capital One Journey. At the very least with leisure, you may nonetheless earn 3% money again even whenever you don’t use Capital One’s portal. However with lodges and rental vehicles, you’re caught utilizing Capital One’s system if you would like bonus money again.

Card alternate options

intro_apr_rate,intro_apr_duration and balance_transfer_intro_apr,balance_transfer_intro_duration

intro_apr_rate,intro_apr_duration and balance_transfer_intro_apr,balance_transfer_intro_duration

Earn a further 1.5% money again

Backside line

In case you get pleasure from nights out in town going to live shows, consuming at eating places, and touring, the card_name would possibly simply be the cardboard for you. It additionally features a welcome supply, and you’ve got a number of redemption choices, together with transferring factors to airline companions. Whereas the exclusion of Goal, Walmart, and Prime Video could also be a disappointment, yow will discover loads of worth with this card, all with no annual charge.

Capital One® SavorOne® Money Rewards Credit score Card

Credit score rating

credit_score_needed

Welcome supply particulars

bonus_miles_full

Professionals:

  • Excessive cash-back fee on leisure, journey, eating, and groceries.
  • No annual charge or international transaction charges.
  • Features a welcome bonus.

Cons:

  • Should use Capital One’s portal for the very best cash-back charges.
  • Grocery class excludes superstores like Walmart and Goal.
  • Streaming class excludes Prime Video.

Steadily requested questions (FAQs)

Is the card_name a Visa or Mastercard?

The card_name is a Mastercard, that means it’s accepted anyplace Mastercard is accepted, worldwide. And there’s no international transaction charge, so you may take it with you when touring overseas.

Is card_name higher than card_name?

The card_name and the card_name card are each wonderful bank cards, albeit for various functions. The card_name earns excessive cash-back charges in a number of bonus classes, whereas the card_name earns 1.5% money again on each buy. The card_name solely earns 1% on non-bonus spending. Nonetheless, the card_name contains extra bonus classes with greater charges. Utilizing each playing cards in tandem can get you the very best cash-back charges general.

Does the card_name earn money again in any respect grocery shops?

The card_name earns 3% bonus money again in any respect grocery shops which are categorised as such. Nonetheless, this excludes superstores like Goal and Walmart. However, the card_name will nonetheless earn 1% money again even at grocery shops that don’t earn a bonus fee.

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