Savor® Rewards from Capital One Review

If you're wondering whether Savor® Rewards from Capital One is the right card for you, read on. This is everything you need to know to make a good choice.

Pros & Cons of Savor® Rewards from Capital One

Pros	Cons
The partnership with Capital One allows Savor cardholders to earn 8% cash back on all Vivid Seats ticket purchases through May 31, 2020 When you pay for a monthly Postmates Unlimited membership using your Savor card, you'll receive a monthly statement credit of $9.99 through December 2019	Although there is no annual fee in the first year, there is annual fee of $95 to consider in the second year

Is there a Savor® Rewards from Capital One cash back or rewards program?

Savor® Rewards from Capital One is a cashback card. This means you earn a percentage of your purchase as a cash reward. With Savor® Rewards from Capital One you receive 1% cash back on every purchase. For example, if you buy a $1,000 laptop, you will receive $10 back in cash. However, you can earn up to 4% for purchases in a bonus category.

Savor® Rewards from Capital One Rewards

Rewards rate (all purchases)	1%
Max rewards rate	4%
Annual rewards limit	N/A
Signup Bonus ($)	$300
Signup Bonus Spend Requirement	$3000
Signup Bonus Spend Period (months)	3 months

What are the Savor® Rewards from Capital One benefits?

Savor® Rewards from Capital One provides the following benefits:

• Free Credit Score
• Auto Rental Collision Damage Waiver
• Emergency Support
• Extended Warranty Protection
• Fraud Liability
• Price Protection
• Travel Accident Insurance
• Travel Assistance
• Reports to major credit bureaus

What are the relevant APRs for Savor® Rewards from Capital One?

Savor® Rewards from Capital One is a charge card and therefore doesn't have interest charges. You must pay your balance in full every month.

What are the Savor® Rewards from Capital One fees?

The following fees apply to Savor® Rewards from Capital One:

Savor® Rewards from Capital One Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	0%
Balance Transfer Fee	3%
Late Payment Fee	up to $39

Does Savor® Rewards from Capital One report your account activity to credit bureaus?

Savor® Rewards from Capital One reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit score.

How to apply for Savor® Rewards from Capital One

• Visit the Capital One website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, annual income, and source of employment.
• Check the information is accurate and submit your application.
• If you're denied click here to find out why your application may have been rejected and what you can do about it.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.