Capital One SavorOne Benefits Guide

The Capital One SavorOne Money Rewards Credit score Card is commonly marketed as a newbie card, however this card targets the foodie in all of us with boosted rewards in eating and at grocery shops. Cardholders get higher-than-usual money again charges in different in style bonus classes, too.

Total, this card earns:

• 10 p.c money again on Uber and Uber Eats purchases made by means of November 14, 2024
• 8 p.c money again on purchases made by means of the Capital One Leisure portal
• 5 p.c money again on motels and rental vehicles booked by means of Capital One Journey
• 3 p.c money again on purchases for eating, leisure, grocery retailer purchases (excluding superstores) and choose streaming companies
• 1 p.c money again on all different purchases

Plus, this card is mild on charges and comes with an introductory APR on purchases and stability transfers.

There are various different helpful advantages to this card, which is why we’ve damaged down a couple of inventive and useful methods to maximise the cardboard’s worth. Let’s take a better have a look at what the Capital One SavorOne has to supply.

Rewards advantages

The Capital One SavorOne’s greatest draw relating to rewards is its profitable rewards construction. Cardholders get boosted spending charges in eating, grocery shops, leisure and extra. However these rewards charges aren’t the one motive to like the Capital One SavorOne. Different rewards advantages embrace the next:

An attainable welcome bonus

New Capital One SavorOne cardholders can get a $200 welcome bonus after spending $500 inside three months of account opening. Whereas this bonus gained’t shatter any information, it’s remarkably simple to earn when in comparison with different high rewards bank cards, a few of which require spending 1000’s of {dollars} inside a couple of months.

Quite a few redemption choices

The Capital One SavorOne card gives a number of methods to redeem all of that money again you earn out of your welcome bonus and people bonus classes, together with as:

• Checks
• Assertion credit
• Reward playing cards
• Journey by means of Capital One Journey
• Pay with Factors by way of PayPal
• Store with Factors on Amazon.com

​No annual price

Many bank cards with profitable rewards buildings and perks include an annual price to offset the price of these perks — however not the Capital One SavorOne. Whereas it doesn’t include all of the bells and whistles of a luxurious bank card, it nonetheless has quite a bit to supply. Contemplating its glorious money again incomes charges, it’s arguably one of many finest no-annual-fee playing cards available on the market in the present day, particularly for individuals who are inclined to spend quite a bit on consuming out or cooking in.

0% intro APR gives

Some bank cards embrace introductory annual proportion charge (APR) gives that permit cardholders to hold a stability whereas paying little to no curiosity for a set time period.

The SavorOne card comes with a 0 p.c introductory APR supply on each stability transfers and purchases for 15 months from account opening, adopted by an ongoing variable APR of 19.99 p.c, 26.24 p.c or 29.99 p.c, based mostly in your creditworthiness. Stability transfers additionally include a stability switch price of three p.c for the primary 15 months.

An introductory APR supply of 15 months is superb should you’re trying to consolidate high-interest debt from different bank cards, or should you’re eyeing a brand new big-ticket buy. Simply be sure to repay your card’s stability earlier than your 0 p.c APR interval ends. In any other case, you’ll be caught paying your common variable rate of interest on the remaining stability.

​Journey advantages

The Capital One SavorOne isn’t a journey bank card, nevertheless it does nonetheless include some stable journey perks, together with these beneath:

Capital One Journey portal entry

In Could 2022, Capital One started providing Capital One SavorOne Money Rewards cardholders entry to the Capital One Journey portal, which beforehand was solely obtainable for premium Capital One playing cards.

The Capital One Journey portal gives predictive pricing fashions that may assist you to e-book journey when the worth is most favorable. Capital One claims that this characteristic can assist customers to save lots of a mean of 15 p.c per flight.

Plus, by means of the Capital One Journey portal, you’ll get free value drop safety — should you e-book a flight the platform recommends, you’ll get a partial refund as a journey credit score ought to the worth drop after the reserving. One other helpful profit is the choice to freeze a flight value for as much as 14 days for a small price. Within the meantime, you’ll be able to maintain on the lookout for a less expensive possibility, then come again and finalize your reserving should you don’t discover a higher value.

No overseas transaction charges

The Capital One SavorOne doesn’t cost overseas transaction charges, which makes it an excellent possibility to make use of whereas touring. You gained’t have to fret about spending extra if you swipe your card whereas overseas or whereas procuring by means of websites that embrace a foreign money change.

24-hour journey help

Cardholders can name the Capital One Journey help line to get assist with bookings. In case your bank card will get misplaced or stolen whereas touring, you can too get an emergency alternative card and a money advance despatched out to you.

Journey accident insurance coverage

If you e-book your ticket together with your Capital One SavorOne, you’ll get journey accident insurance coverage for a lined loss.

Uber One assertion credit

Journey perks aren’t nearly flights and motels. The Capital One SavorOne helps you save with rideshares, too. You may get a press release credit score for an Uber One membership (supply lasts till November 14, 2024) should you cost the month-to-month subscription to your SavorOne. Uber One members get particular perks like $0 supply charges on eligible orders by means of Uber Eats, plus discounted member pricing by means of Uber.

Buy safety advantages

If you make a purchase order together with your SavorOne card, you’ll get the next protections:

Prolonged guarantee protection

The Capital One SavorOne comes with commonplace advantages discovered with many bank cards, together with prolonged guarantee protection. This protection offers extra protection previous the producer’s guarantee.

24-hour concierge companies

You too can get 24-hour concierge service together with your SavorOne card. This service will assist you to with eating, journey and entertainment-related questions.

$0 fraud legal responsibility

You gained’t be liable for any fraudulent costs in your bank card if it will get misplaced or stolen. To keep away from any points with card costs, nonetheless, it is best to report your card as misplaced or stolen to Capital One as quickly as potential.

Digital card numbers from Eno

In case you’re paying for purchases on-line, you should utilize a digital bank card quantity supplied by Eno, Capital One’s digital assistant. This may mean you can maintain your true card quantity safe and keep away from having it stolen from an unsecured web site.

CreditWise credit score monitoring

Together with your Capital One SavorOne, you get entry to CreditWise, the issuer’s credit score monitoring system. This useful instrument will be accessed by way of your cellular app and provides you with up-to-date details about your VantageScore. It additionally screens the web for suspicious exercise linked to your card and might warn you of safety points.

Capital One SavorOne cardholders get entry to unique experiences associated to eating, concert events, sporting occasions and extra — which is why it’s such a preferred card amongst live performance goers and foodies.

Capital One Eating

As a SavorOne cardholder, you additionally get entry to Capital One Eating, which permits cardholders to e-book unique eating experiences in cities all through the U.S. The eating portal additionally offers neighborhood guides and different data that can assist you take advantage of out of your eating experiences.

Capital One Café reductions

Capital One runs a lot of cafés throughout the U.S. in a number of cities. At these cafés, you will get an assortment of coffees and teas sourced from Verve Espresso Roasters, in addition to seasonal drinks and contemporary meals. The cafés additionally characteristic workspaces with free Wi-Fi for many who wish to deliver their pc or maintain a fast assembly.

Capital One cardholders get 50 p.c off all handcrafted drinks at these cafés.

Capital One Leisure

By means of the Capital One Leisure portal, cardholders can get tickets for a wide range of occasions, reminiscent of:

• MLB video games
• Live shows
• Comedy reveals
• Orchestra performances
• Performs and musicals

Capital One Procuring

Cardholders also can use the Capital One Procuring platform, which routinely applies reductions and coupons to eligible purchases. Whilst you don’t should be a Capital One cardholder to make use of the platform, you do get unique gives and reductions if you’re a cardholder.

​Maximizing the Capital One SavorOne Money Rewards Credit score Card

A very powerful method to maximize the Capital One SavorOne card’s worth is to make use of it for bonus class purchases with greater money again charges. The extra you employ the cardboard to pay for eating, groceries, journey and leisure, the extra cash again you’ll accrue. As for redeeming money again, all the time attempt to redeem your factors at a 1:1 ratio, or as near this ratio as potential.

In case you carry one of many high Capital One playing cards for journey — just like the Capital One Enterprise Rewards Credit score Card or Capital One Enterprise X Rewards Credit score Card — you’ll be able to switch your Capital One SavorOne rewards to considered one of these playing cards for extra profitable redemptions choices. For instance, you may switch your rewards to considered one of Capital One’s airline or resort companions, which might get you a redemption charge nicely past a 1:1 ratio.

​The underside line

The Capital One SavorOne Money Rewards features a stable welcome bonus that’s simple to realize, glorious incomes charges and a suite of different worthwhile advantages. Plus, this card can work simply as nicely for a newbie as for somebody with a thick credit score file. Simply bear in mind to repay your month-to-month invoice in full to reap the advantages of your bank card rewards program.