New Capital One Savor Card; $150 Bonus, 3% Back On Dining, And No Annual Fee

Capital One has released a new credit card, called the Savor Card, with no annual fee that will earn you 3% back on dining and a small signup bonus. It also earn 2% cashback on groceries and 1% back on all other purchases.

Capital One Savor Card

Capital One Savor Card

The Capital Savor Card is product that is likely aiming foodies. offers unlimited cash back in standard categories like 2% back on groceries and 1% on all other purchases. But it’s the 3% cash back on dining that sets it apart from other cash-back rewards cards.

Over the past three years restaurant spending has grown 20% and grocery spending has grown 5%. While the emphasis on dining isn’t new, the card combines growth in that spending category with the preference for cash back over other rewards.

Signup Bonus

Earn a one-time $150 cash bonus once you spend $500 on purchases within 3 months from account opening.

Earning CashBack

  • Earn 3% cashback on dining
  • Earn 2% cashback on groceries
  • Earn 1% cashback on all other purchases

There’s no limit to the cashback you can earn. Rewards don’t expire for the life of the account, and you can redeem cash back for any amount.

Guru’s Wrap-Up

This is not a very exciting card for most readers but could be a good option to have in your wallet if you spend a lot on dining. You can definitely do better than 3% cash back through the Chase Sapphire Reserve card, which earns 3X Ultimate Rewards, but that card comes a hefty annual fee and not everyone can get it. Even the Chase Sapphire Preferred with 2x on dining could still be a better option for some. On the other hand Capital One Savor Card gives you 3% without an annual fee at all. The signup bonus is also decent at $150 and there’s no foregin transaction fees, so you can also use the card while traveling.

Is it worth it? Let us know your thoughts.


Offer Details

  • Apply Here
  • Earn a one-time $150 cash bonus once you spend $500 on purchases within 3 months
  • Earn 3% cashback on dining
  • Earn 2% cashback on groceries
  • Earn 1% cashback on all other purchases
  • No foreign transaction fees
  • No Annual Fee

 

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One thought on “New Capital One Savor Card; $150 Bonus, 3% Back On Dining, And No Annual Fee

  1. Pingback: Best Credit Cards For Supermarkets And Grocery Stores - Danny the Deal Guru

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