Capital One Savor vs. Venture pits a cash back card against a travel rewards card. Capital One Savor offers 4% cash back on dining and entertainment, 2% cash back at grocery stores, and 1% cash back on all other types of purchases. The Venture card gives 2 miles per $1 spent on all purchases. Venture’s miles are worth 1 cent each toward travel. Both cards charge a $95 annual fee.
Both cards come with an attractive signup bonus. Savor gives $300 after you spend $3,000 in the first 3 months. Venture offers 50,000 miles when you spend $3,000 in the first 3 months. That’s worth up to $500 when redeemed toward travel. Or you can get 100,000 miles for spending $20,000 within the first 12 months. There are no introductory 0% APR offers available for either card. The regular APRs are also pretty high.
Each card comes with a wealth of benefits such as travel accident insurance, roadside assistance, extended warranty protection and more. Neither card charges a foreign transaction fee. So you can use either card for purchases abroad without having to pay a surcharge.
At the end of the day, Capital One Venture is the obvious choice for frequent travelers. But if you’re a big spender on dining and entertainment and don’t travel much, then go with the Savor card.