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For many credit cards, dining rewards are an afterthought. Sure, you might earn bonus points, but you still earn more points on other purchases. The Capital One Savor Cash Rewards Credit Card prioritizes dining, entertainment, and select streaming service purchases. If you want to earn cash back on your daily purchases, you might want to add this credit card to your wallet.

The information for the Capital One Savor Cash Rewards Credit Card has been collected independently by Johnny Jet. The card details on this page have not been reviewed or provided by the card issuer.

Capital One Savor Credit Card Review 

There are two reasons why you should consider the Capital One Savor:

  • Want maximum dining and entertainment rewards
  • Prefer cash rewards

This card does have a $95 annual fee. Honestly, the annual fee is the biggest drawback to the Savor credit card. But, if the rewards and card benefits below are worth it for you, you will enjoy this card.

Get 4% Back on Dining, Entertainment, and Select Streaming Services

With the Savor credit card, you can earn 8%, 4%, 3%, or 1% back, depending on the purchase.

The main reason to get the Capital One Savor Cash Rewards Credit Card is for dining, entertainment, and select streaming services. If you find yourself ordering in and streaming movies on weekends, you’re a prime candidate for this card.

Many people spend more on these two categories than groceries each month, so you might earn more points than you think. If you spend roughly $3,000 a year on dining (like the average American), you earn $120 a year in dining rewards.

Plus, you also earn 4% back on all entertainment purchases, great for cardholders as the country begins to open up again. 

What Are Dining Rewards?

Capital One defines the following purchases as dining rewards:

  • Restaurants
  • Cafes
  • Bars
  • Lounges
  • Fast Food Chains
  • Bakeries

What Are Entertainment Rewards?

In a nutshell, entertainment rewards are things you do outside the home:

  • Movie theaters
  • Sports promoters
  • Theatrical promoters
  • Amusement parks
  • Aquariums
  • Zoos
  • Dance halls
  • Record stores
  • Pool halls
  • Bowling alleys
  • Tourist attractions

Golf courses, collegiate sporting events, and non-industry entertainment merchant codes like cable, digital streaming, and membership services are not included.

This bonus category is pretty broad. If you like having fun around town, you won’t have a problem getting 4% back. Plus, you can 8% cash back on tickets at Vivid Seats (through January 2023). That can be a pretty sweet deal!

Streaming Services

The streaming services category is a Capital One Savor Card new perk added in 2021. These purchases earn an unlimited 4% back:

  • Eligible music and video streaming services, including Netflix®, Hulu®, and Disney+

Some services, such as Prime Video, AT&T TV, and Verizon FIOS On Demand, are excluded, as well as audiobook subscription services and fitness programming.

Earn 3% Back on Grocery Purchases

When you’re hungry, you have two options. First, you can go to a restaurant. Second, you go to the grocery store and cook your own meal.

The Capital One Savor Cash Rewards Credit Card covers both of these options with bonus points. We already know about the 4% back on dining. Now, you get 3% back at the grocery store. It’s nice to know you earn bonus cash on food purchases. Earn unlimited 3% back at:

  • Supermarkets
  • Meat lockers, freezer, and dairy product stores
  • Specialty markets.

This excludes superstores like Walmart® and Target®. The reason why you must go to a supermarket to get 3% back is that these stores’ primary focus is selling food. Other grocery credit cards have the same policy as the Savor credit card on this topic.

Signup Bonus

As a new cardholder, you also earn a one-time $300 signup bonus after spending $3,000 in the first three months. This bonus is a bit lower than other rewards credit cards with a similar annual fee of $95.

Redeeming Your Rewards Points

Your only redemption option is cash back. Unlike many other cash back credit cards, there isn’t a redemption minimum. This means you can redeem your balance when it’s only $1.

Additional Capital One Savor Cash Rewards Credit Card Benefits

Cash rewards credit cards usually don’t have the most lavish additional card benefits. It’s a tradeoff for earning larger purchase rewards. But, you can still enjoy some of these additional card benefits.

Discount Entertainment Access

As a Capital One cardholder, you receive discount access to Capital One-sponsored events. If you visit Washington D.C., you get discount access to games and concerts in the Capital One Arena.

You can also enjoy other unique member-only experiences including:

  • iHeartRadio Music Festival
  • Tastemaker Chicago
  • Food Network and Cooking Channel New York City Wine and Food Festival

Besides these events, you also get access to ticket presales.

Whether you want to enjoy culinary, sports, or music events, this is a fun way to earn 4% back.

Price Protection

If you buy an item and the price drops with 120 days of purchase, Capital One can refund you the difference. This is a benefit that other rewards cards have been removing. It’s something to keep in mind with your big-ticket purchases.

Extended Warranty

On select purchases, Capital One extends your purchase warranty when the original warranty ends.

No Foreign Transaction Fee

When you travel abroad, you won’t lose your bonus rewards to foreign transaction fees.

Also, you can also use Capital One’s complimentary travel concierge service. With this service, they help you research and book dining, entertainment, and travel.

Capital One Savor Cash Rewards Credit Card: Is It Worth It?

The Savor credit card is worth it if you spend a lot of money on dining and entertainment each year. After all, you have to earn enough to offset the $95 annual fee. As this is a cash reward credit card, annual fees can be harder to justify. After all, you already know how much you earn in rewards with each purchase.

With travel rewards cards, you have the potential to make your points worth more. But, the bonus rewards have to match your most common purchases.

Because the Capital One Savor Cash Rewards Credit Card is a cash reward credit card with an annual fee, this card needs to be your primary credit card if you get it. If it’s not your primary card, you may be better off using another card that still earns bonus points on dining and entertainment. But, you have more flexible earning and redemption options.

Pros of the Capital One Savor

  • Unlimited bonus rewards on dining, entertainment, select streaming services, and groceries
  • No foreign transaction fee
  • Discount access to Capital One dining, sports, and entertainment events
  • No redemption minimum for cash rewards

Cons of the Capital One Savor

  • $95 annual fee
  • Only good if you spend a lot on dining and entertainment

Alternatives to the Capital One Savor Cash Rewards Credit Card

If you don’t want the Capital One Savor, you might try one of these three alternatives instead.

It’s worth noting that there is the Capital One SavorOne Cash Rewards Credit Card that doesn’t have an annual fee. It earns an unlimited 3% back on dining, select streaming services, entertainment, and at grocery stores, and 1% on all other purchases. New cardholders can earn $200 after spending $500 on purchases within 3 months of account opening.

Wells Fargo Propel American Express Card

The information related to Wells Fargo Propel American Express® Card has been collected by Johnny Jet and has not been reviewed or provided by the issuer or provider of this product or service.

The Wells Fargo Propel American Express® Card is probably the most similar card in terms of bonus categories. You earn 3x points on dining, travel, and streaming services. And, it doesn’t charge an annual fee or foreign transaction fee.

Plus, you can redeem your rewards points for travel, cash, or gift card rewards. Whether you want a primary or secondary credit card, this is a solid contender.

Capital One Venture Rewards Credit Card

The Capital One Venture Rewards Credit Card earns 2x miles on every purchase. Like the Savor credit card, it has a $95 annual fee. You might prefer this card if you want to earn travel rewards.

Additionally, you get up to a $100 fee credit for Global Entry or TSA PreCheck that helps take the bite out of the $95 annual fee. You can either redeem your miles for travel statement credits or future award travel.

New Capital One Venture Rewards Credit Card cardholders can earn 60,000 miles after spending $3,000 on purchases in the first 3 months.

Learn more: Travel Rewards Credit Cards


As explained, the Capital One Savor Cash Rewards Credit Card is a good choice if you are looking to earn cash rewards for large or frequent dining, entertainment, and grocery purchases. However, if you are looking for more than cash rewards or don’t spend enough to earn much back, perhaps you might consider alternatives.  


Chase Sapphire Preferred® Card

  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.
  • Enjoy new benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining and 2X points on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.

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Editorial Note: The editorial content on this page is not provided by any bank, credit card issuer, airlines or hotel chain, and has not been reviewed, approved or otherwise endorsed by any of these entities.

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