The SavorOne is a strong no annual fee card from Capital One that will let you earn cash back on dining and groceries. It has fixed rewards categories and earns some on all purchases, no matter what.

There’s an intro bonus too.

Read on for more.

The Details

Bonus
  • $200 cash 
Requirements
  • Spend $1000 or more with your new card within the first 3 months of opening the account
Exclusions
  • The bonus might not be available for previous cardholders
Rates & Fees
  • Annual Fee: $0
  • APR: 19.99%-29.99%
Benefits
  • 0% intro APR on purchases and balance transfers for the first 15 months
  • 3% back on dining, grocery stores, entertainment, and some streaming services
  • 1% back everywhere
  • 5% back on hotels and rental cars through Capital One Travel
  • 8% back on entertainment through Capital One Entertainment
  • 10% back on Uber and Uber Eats, free Uber One membership (until November 14, 2024)
  • Free authorized users
Deadlines
  • No deadline known
Notes
  • The cash back is technically credited as points, but the points are redeemable at a rate of 1 point = 1 cent, so it amounts to the same thing as direct cash back if you pick a statement credit or a check.

Thoughts About the SavorOne Card

If a significant amount of your spending is on groceries or dining and you don’t already have a good rewards card for those categories, the SavorOne is a good choice.

The lack of an annual fee makes the card easy to keep around and use occasionally if you need it. The rewards categories are fixed instead of rotating, so you don’t have a lot to remember. It’s called savor, it’s for foodsmile. Redemptions for the rewards are straightforward as well.

Finding a way to earn cash back on dining and groceries is an important part of your overall cash back strategy because food is a constant expense.

If you spend a lot on dining and entertainment, you might be better off with the annual-fee version of the card, the Capital One Savor, as it offers boosted cash back rates.

Capital One has a pre-approval tool on their website and it’d be a good idea to try that first and see if the card is suggested.

What do you think about it? Do you have the SavorOne? Do you think it’s a good deal? Let me know in the comments.

Apply for the SavorOne Card

This link will take you to the Capital One site page for the SavorOne card. The pre-approval tool is on the page.

Click Here