SavorOne Rewards for Good Credit from Capital One

SavorOne Rewards for Good Credit from Capital One Review

This is a credit card issued by Capital One. If you're wondering whether SavorOne Rewards for Good Credit from Capital One is the right card for you, read on. This review will provide you with with all the details you need to make a good choice.

• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR of 26.99%
• No annual fee*. This is a great option for people looking for a low-maintenance card. It gives you the benefits of a credit card, but you don't have to pay an annual fee for the privilege.
• 3% Balance transfer fee. SavorOne Rewards for Good Credit from Capital One charges a fee of 3% on balance transfers. For example, a balance of $1,000 could cost $30 in transfer fees.
• No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
• Multiple credit card benefits. Includes generous credit card perks, such as and fraud protection.
• Good or better credit required. You will have low approval odds if your credit score is below 700.

The Good

The Bad

Earn unlimited 3% cash back on dining and entertainment, 2% at grocery stores (excluding superstores like Walmart® and Target®) and 1% on all other purchases. You’ll earn the usual SavorOne dining and entertainment rewards, but won’t be eligible for bonus cash or 0% intro APR. No annual fee. Multiple credit card perks. No foreign transaction fee. SavorOne Rewards for Good Credit from Capital One reports to multiple credit bureaus.

Higher than average purchase APRs. Requires good to excellent credit. Does not offer a signup bonus. Does not offer rewards or cash back. You don't earn rewards on every purchase. Charges a 3% balance transfer fee. After the introductory period, the fee is 0% .

Does SavorOne Rewards for Good Credit from Capital One have a cash back or rewards program?

No, it does not offer a rewards program.

What are the SavorOne Rewards for Good Credit from Capital One benefits?

It provides the following benefits:

• Reports to major credit bureaus

What are the relevant APRs for SavorOne Rewards for Good Credit from Capital One?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has higher than average regular APRs.

SavorOne Rewards for Good Credit from Capital One has a variable purchase APR of 26.99%. The card has a variable balance transfer APR of 26.99% . It also has a variable cash advance APR of 26.99% .

What are the fees for SavorOne Rewards for Good Credit from Capital One?

The following fees apply:

SavorOne Rewards for Good Credit from Capital One Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	0%
Late Payment Fee	up to $40

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost card.

Does SavorOne Rewards for Good Credit from Capital One report your account activity to credit bureaus?

Yes, SavorOne Rewards for Good Credit from Capital One reports your account activity to the following credit reporting agencies:

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

How to apply for SavorOne Rewards for Good Credit from Capital One

• Visit the SavorOne Rewards for Good Credit from Capital One website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.

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.