The Capital One Savor Cash Rewards Card offers 4% cash back on dining and entertainment purchases, with 2% back at grocery stores.
A large signup offer of $500 cash back can be earned by spending $3,000 in the first 3 months after account opening. Depending on creditworthiness, cardholders may get access to World Elite Mastercard benefits, including shopping and travel discounts.
The Savor card has a $95 annual fee, which is waived for the first year. There are no foreign transaction fees.
Capital One released a newer card in the Savor lineup, the Capital One® SavorOne® Cash Rewards Credit Card (Review). That new SavorOne card has similar rewards and terms as the original Savor card, which can make the names a bit confusing.
The new version the Savor card (this card page) offers more cash back for dining and entertainment than the SavorOne. But it also has the $95 annual fee.
If you had the original Savor card, before the new SavorOne was released, you’ll be automatically upgraded to the new Savor card. You’ll get the enhanced rewards program, and best of all you won’t need to pay the annual fee. So if you were already a Savor cardholder, you get the new card without having to pay anything at all.
There are now two cards in the Savor lineup: