Michael Battle, WalletHub Credit Card Analyst
@mikebattle
The Capital One Savor annual fee is $95. Capital One charges the fee to pay for the card’s benefits and rewards, but people who use the card regularly and always pay the bill in full by the due date can more than make up for the cost.
You can cover Capital One Savor’s annual fee for several years just by earning the card’s initial bonus of $300 for spending $3,000 in the first 3 months after opening an account. Capital One Savor’s substantial ongoing rewards will also help you pay future annual fees. You’ll get 1 - 5% cash back on purchases.
Alternative Credit Card Option with No Annual Fee
If you think the Capital One Savor’s annual fee is too high but you like the card’s rewards and features, you should consider applying for the Capital One SavorOne, instead. It has a similar rewards structure but offers less cash back, and its annual fee is $0.
With this card, you can earn 5% cash back on hotels and rental cars booked through Capital One Travel, 3% cash back on dining, entertainment, popular streaming services and grocery store purchases, along with 1% back on all other purchases (except for 8% back on Capital One Entertainment purchases and 10% back on purchases made through Uber & Uber Eats).
People also ask
What's the Capital One Savor credit limit?
The Capital One Savor credit limit will be based on your creditworthiness once your application has been approved. When determining credit limits, factors such as your debt-to-income ratio, repayment history, and the length of your credit history will play a significant role.
Note that there's no surefire way of knowing your Capital One Savor credit limit before applying and getting approved. Keep in mind that Capital One Savor requires at least good credit for approval. So, make sure you know where you stand before...
read full answerCan I use my Capital One Savor card anywhere?
Yes, you can use your Capital One Savor card pretty much anywhere in the world, as it is a Mastercard.
More specifically, your Capital One Savor is accepted by 10.7 million merchants in the U.S. and more than 210 countries, internationally.
In addition to that, Capital One Savor has $95 foreign transaction fees. That means you’ll be able to use this card abroad without having to pay a surcharge on everything you buy.
Cards with no foreign transaction fees will save you about 3% on international purchases.
read full answerWhat are the Capital One Savor benefits?
Capital One Savor benefits include a $300 initial bonus, generous ongoing rewards, travel insurance, extended warranty coverage and a $0 foreign transaction fee. Cardholders can also benefit from special savings through Uber & Uber Eats. You can learn more about the Savor Card’s delicious benefits below.
Here are the Capital One Savor benefits:
- Initial bonus: $300 for spending $3,000 in the first 3 months.
- Bonus cash back on various categories: You earn 5% cash back on hotels and rental cars booked through Capital One Travel, 4% cash back on dining, entertainment and popular streaming services, 3% back at grocery stores and 1% back on all other purchases (except for 8% back on Capital One Entertainment purchases and 10% back on purchases made through Uber & Uber Eats).
- Foreign transaction fee: $0 fee on purchases...
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