Is the Capital One SavorOne FDIC Insured? This question is about the Capital One SavorOne Cash Rewards Credit Card

Is the Capital One SavorOne FDIC Insured?

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This question is about the Capital One SavorOne Cash Rewards Credit Card

Syd Jones, WalletHub Credit Card Analyst

@syd.jones • 08/06/21 This answer was first published on 07/08/21 and it was last updated on 08/06/21.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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No, Capital One SavorOne is not FDIC insured, as credit card accounts are not under FDIC coverage. FDIC is an independent agency of the U.S. government that insures balances held in different types of consumer and business deposit accounts.

You won’t have to worry about any unauthorized charges, though. Capital One SavorOne offers $0 Fraud Liability, so if your card is lost or stolen, you won’t be responsible for any unauthorized charges.

Capital One is a member of the FDIC so its customer deposits are insured. You can find out more about FDIC coverage and deposit accounts that benefit from it on Capital One’s dedicated web page.

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