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).
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