If you accidentally make less than the required minimum payment or you miss your Capital One SavorOne due date entirely, you can always ask customer service to waive the late fee by calling the phone number on the back of the card. This is much more likely to work if you have a great payment history with Capital One, but even if not, there's no harm in asking.
To avoid getting hit with late fees in the future, make sure to pay at least your minimum required payment each month. The best way to ensure that you never miss a payment is by setting up autopay.
The Capital One SavorOne Cash Rewards Credit Card interest rate is 15.24% - 25.24% (V), with the actual rate depending on factors such as your income, credit history and existing debt. The Capital One SavorOne card also offers new cardholders an introductory interest rate of 0% for 15 months on purchases and 0% for 15 months for balance transfers. After the card’s intro rate expires, the regular interest rate applies to any remaining balance. The regular Capital One SavorOne card interest rate is variable, meaning it can change based on certain economic conditions.… read full answer
Capital One SavorOne gives you a 25-day grace period to avoid paying interest on your purchases. The grace period runs from the end of the billing period until the card’s payment due date. You won’t owe any interest as long as you pay your balance in full during that timeframe. Should you decide to carry a balance on your Capital One SavorOne card, it will accumulate interest daily at the card’s regular APR. Interest is compounded, meaning you will owe interest on both the principal balance and any interest already accumulated.
In addition to the regular interest rate, Capital One SavorOne also charges a separate 25.24% (V) interest rate on cash advances. All Capital One SavorOne card interest rates will be listed on your statement and on your online account summary.
The Capital One SavorOne annual fee is $0. Having no annual fee means that you get to immediately benefit from any rewards or bonuses you earn with the card. These rewards include 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 tickets from Vivid Seats and on Capital One Entertainment purchases). There's also an initial bonus of $200 for spending $500 in the first 3 months. In addition to having a $0 annual fee, SavorOne also does not charge a foreign transaction fee.… read full answer
If you want to earn more rewards and don't mind paying an annual fee, you should apply for Capital One Savor. Its annual fee is $95. In return, it gives 4% cash back on dining, entertainment and popular streaming services, 3% back at grocery stores and 1% back on all other purchases (except for 8% back on tickets from Vivid Seats and on Capital One Entertainment purchases). You can also earn an initial bonus of $300 for spending $3,000 in the first 3 months.
You can get a Capital One SavorOne cash advance by using the card and PIN at any ATM that takes Mastercard. If you don’t have a PIN, call customer service at 1 (800) 227-4825 to request one. You can also get a cash advance at any Capital One branch with your card and a government-issued photo ID. Be sure to check your statement under “Available Credit for Cash Advances” to know how much you’ll be able to withdraw.… read full answer
Capital One SavorOne cash advances are very expensive. The cash advance fee is $10 or 3% of each transaction, whichever is greater. You may have to pay additional bank charges for withdrawals at non-Capital One ATMs. Capital One SavorOne cash advances also accumulate interest at a 25.49% APR. There’s no grace period for cash advances. So the interest starts to accumulate daily starting on the transaction date.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub.
Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.