Choosing between Capital One Savor One and Quicksilver boils down to your personal spending preferences. If you’re a big spender on dining, entertainment and groceries, the Savor One card is the easy overall winner. But if you don’t spend a lot in any particular category and prefer straightforward rewards on everything you buy, then go with the Quicksilver card.
Capital One Savor One and Quicksilver are popular cash back cards for a reason. They just happen to have a lot in common, except for their ongoing rewards rates. Savor One gives 3% cash back on dining and entertainment, 2% at grocery stores and 1% on all other purchases. Quicksilver offers 1.5% cash back on all purchases.
Other than that, not much separates the two offers. Both cards have a $150 cash back bonus for spending $500 within the first 3 months. And neither card charges an annual fee or foreign transaction fees. Furthermore, you’ll need at least good credit to have high odds of approval for either card. Each also offers an introductory APR of 0% for 15 months. Once the intro rate expires, a high regular APR applies regardless of which card you have.
You should also be aware that Capital One offers different versions of each card for different types of users. There’s the Quicksilver One card, which charges a $39 annual fee and is designed for people with fair credit. And there’s the Savor card, which offers 4% cash back on dining and entertainment and comes with a $95 annual fee. It’s better for high-spenders with good or excellent credit.