Capital One® SavorOne® Cash Rewards Credit Card Review

Capital One® SavorOne® Cash Rewards Credit Card is a cashback credit card issued by Capital One. 

This card is designed for people with good credit. The minimum credit score to apply is 700. If you're wondering whether Capital One® SavorOne® Cash Rewards Credit Card is the right card for you, read on. This is everything you need to know to make a good choice.

Pros & Cons of Capital One® SavorOne® Cash Rewards Credit Card

The Good

The Bad

Lower than average purchase APRs. No annual fee. Has an introductory APR rate on balance transfers of 0%. Multiple credit card perks. Offers auto rental collision damage waiver. Includes emergency support. Extended warranty protection on purchases. Free access to your credit score. Travel Accident Insurance. Travel Assistance. No foreign transaction fee. Earn rewards on every purchase. Capital One® SavorOne® Cash Rewards Credit Card reports to multiple credit bureaus.

Does not offer rewards or cash back.

Is there a Capital One® SavorOne® Cash Rewards Credit Card cash back or rewards program?

Capital One® SavorOne® Cash Rewards Credit Card is a cashback card. This means you earn a percentage of your purchase as a cash reward. With Capital One® SavorOne® Cash Rewards Credit Card 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 3% for purchases in a bonus category.

Capital One® SavorOne® Cash Rewards Credit Card Rewards

Rewards rate (all purchases)	1%
Max rewards rate	3%
Annual rewards limit	N/A
Signup Bonus ($)	$150
Signup Bonus Spend Requirement	$500
Signup Bonus Spend Period (months)	3 months

What are the Capital One® SavorOne® Cash Rewards Credit Card benefits?

Capital One® SavorOne® Cash Rewards Credit Card provides the following benefits:

• Free Credit Score
• Auto Rental Collision Damage Waiver
• Emergency Support
• Extended Warranty Protection
• Zero fraud liability
• Travel Accident Insurance
• Travel Assistance
• Reports to major credit bureaus

What are the relevant APRs for Capital One® SavorOne® Cash Rewards Credit Card?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. Capital One® SavorOne® Cash Rewards Credit Card has lower than average purchase APRs.

Capital One® SavorOne® Cash Rewards Credit Card has a variable purchase APR that ranges from 15.74% up to 25.74%. The card has a variable balance transfer APR that ranges from 15.74% up to 25.74%. It also has a variable cash advance APR of 25.74% .

Capital One® SavorOne® Cash Rewards Credit Card Balance Transfers

Description
Balance Transfer APR	15.74% - 25.74%
Introductory Rate	0%
Intro APR period (months)	15

Capital One® SavorOne® Cash Rewards Credit Card Rates & Terms

Description
Balance Computation	average daily balance (including new transactions)
Purchase APR	15.74% - 25.74%
Credit Limit	N/A
Penalty APR	N/A
Cash Advance APR	25.74%
Security Deposit	N/A
Introductory Rate	0%
Intro APR period (months)	15

What are the Capital One® SavorOne® Cash Rewards Credit Card fees?

The following fees apply to Capital One® SavorOne® Cash Rewards Credit Card:

Capital One® SavorOne® Cash Rewards Credit Card Fees

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

Does Capital One® SavorOne® Cash Rewards Credit Card report your account activity to credit bureaus?

Capital One® SavorOne® Cash Rewards Credit Card 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 Capital One® SavorOne® Cash Rewards Credit Card

• Visit the Capital One® SavorOne® Cash Rewards Credit Card 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 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.