Syd Jones, WalletHub Credit Card Analyst
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.
Capital One SavorOne Cash Rewards Credit Card
Did we answer your question?