If you're looking for a cash-back rewards credit card that lets you earn more rewards on food, groceries, and streaming services, then look no further than the Capital One SavorOne Cash Rewards Credit Card.
Cardholders get to earn rewards on dining out and grocery shopping and receive one of the best welcome offers out of all credit cards out there. Whether you enjoy eating at a restaurant or buying a ticket for a concert, this is the right card for you.
Check out more details about the Capital One SavorOne Cash Rewards Credit Card and learn how to apply for the card in this article.
Why Choose the Capital One SavorOne Cash Rewards Credit Card?
Whether you want to dine out or buy groceries to cook at home, there will always be a specific credit card that will cater to your needs and provide you with rewards. This is what the Capital One SavorOne Cash Rewards Credit Card is all about.
This credit card is aimed at people who often go out for food or purchase groceries at grocery stores all over the country. Dining and entertainment is what this card is all about and you can use this credit card at different restaurants, stores, and other establishments everywhere.
Use this credit card at restaurants, nightclubs, fast-food restaurants, coffee shops, cafes, bars, and bakeries to earn rewards.
Cardholders also get a treat when they use this card at theme parks, aquariums, zoos, and many other entertainment establishments.
Interest Rate and Other Charges
Capital One SavorOne Cash Rewards Credit Cardholders will never have to worry about paying annual fees. Cardholders also get an introductory 0% APR offer for the first 15 months which then reverts to a variable rate of 19.74% to 29.74% depending on their creditworthiness.
There is also a 0% intro balance transfer APR for the first 15 months which revert to the same percentage as purchase APR. The balance transfer fee is 3% of the total transfer amount and a cash advance fee of 3% of the amount of the cash advance.
Cardholders are treated to no foreign purchase transaction fees for using other currencies.
Features and Benefits You Need to Know
The Capital One SavorOne Cash Rewards Credit Card is a great cashback rewards card where you get 8% cash back on eligible purchases through Capital One Entertainment and 5% cash back on hotels and rentals that are booked through Capital One Travel.
Get 3% cash back on dining, streaming services, and grocery store purchases as well as many other entertainment and leisure activities, and 1% on all other purchases made with this card.
You'll also receive a one-time $200 cash bonus after spending $500 within the first 3 months of your account opening.
Further, cardholders can get a complimentary Uber One membership and earn 10% cash back with Uber and Uber Eats.
Redeeming Your Rewards
As a cashback rewards credit card, you can redeem and claim your rewards at any amount and at any time. You can redeem your cashback rewards as a statement credit to use for your next bill or you can receive it as a giftcard or check.
You can also use the rewards that you have accumulated to pay using your PayPal account at the checkout screen as well as during your checkout at Amazon. There are certain restrictions when you use your rewards at Amazon though.
Any purchase for digital music, downloads, video titles, and Kindle eBooks will not be eligible. However, your rewards will not expire as long as your account is still open.
Discover the Eligibility Requirements of the Card
To be eligible for the Capital One SavorOne Cash Rewards Credit Card, you must have an excellent credit score of more than 700 points.
Applicants must be willing to use Capital One's pre-approval tool to evaluate whether or not they will have a better chance of getting approved.
This can mean that the provider will do a hard credit inquiry which can affect your credit score. You also need to be 18 years old and above and must have a good income to support the account.
Additionally, you must never have filed for bankruptcy, defaulted on a loan, or have not made any late payments of more than 60 days.
You can also contact them through their customer service number at 1-877-383-4802. A bank representative will be able to guide you through the eligibility tool to help you with your application.
You can also contact them for clarification regarding the process or if you want to apply for a credit card. Feel free to set an appointment at any Capital One branch near you if you want to personally talk to a bank representative.
You can also visit their main office at 1680 Capital One Dr, McLean, VA 22102, United States.
How to Apply for the Capital One SavorOne Cash Rewards Credit Card
If you want to enjoy a card with no annual fee and a lot of cashback rewards, apply for the Capital One SavorOne Cash Rewards Credit Card.
The best and most convenient method to apply for the card is online. This process will require you to have digital copies of the necessary documentation needed for the application.
You will also need to undergo an eligibility check before you can proceed with the application. To apply, head over to the official website, select the card, then click on “Apply”.
Fill out the application form and upload the required documents. Review the entire application form as well as the terms and conditions of the card before you hit Submit.
Visit Nearby Branch
You can also call a local Capital One branch near you and set a schedule or appointment. Bring all the necessary documents that are required for your application.
Fill out the application form and submit the requirements afterward. You will either receive a call from your local branch about your application immediately or after a few days depending on your application.
The Capital One SavorOne Cash Rewards Credit Card lets you enjoy great cashback rewards that you can redeem later.
Note: All credit products carry risks. Be sure to read the card's terms and conditions before applying.