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Capital One Savor Cash Rewards: Get $250 Back on Your First $500
At a glance: $967 back in year one — from a card with no annual fee.*
June 9, 2026
At a glance: $967 back in year one — from a card with no annual fee.*
June 9, 2026
Most no-fee cards reward you in one category. The Capital One Savor Cash Rewards Credit Card (Rates and Fees) rewards you in four ways, and right now it's throwing in an extra $50 on top of the standard bonus.
For a limited time, the Capital One Savor Cash Rewards Credit Card is offering new cardholders a $250 cash bonus offer, up from the standard $200, after spending just $500 on purchases within 3 months of account opening. That's a 50% return on your initial spending, before counting any cash back you earn along the way.
+ 0% intro APR for 12 months on purchases and balance transfers
(0% intro APR on purchases and balance transfers for 12 months; 18.49% - 28.49% variable APR after that; balance transfer fee applies)
+ $0 annual fee. $0 foreign transaction fees. (Rates and Fees)
Earning the $250 bonus is only the starting point. The Savor earns unlimited 3% cash back on grocery stores, dining, entertainment, and streaming services, with no annual fee and no earnings cap. That means the card keeps paying you back long after you've pocketed the bonus.
Here's what it would look like:
Your spending | Cash back earned |
$600/mo groceries x 12 months (3%) | $216/year |
$400/mo dining out x 12 months (3%) | $144/year |
$50/mo streaming services x 12 months (3%) | $18/year |
$300 in concert tickets via Capital One Entertainment (8%) | $24 |
$1,500 hotel via Capital One Travel (5%) | $75 |
$2,000/mo other spending x 12 months (1%) | $240/year |
First-year total (including the $250 bonus) | $967 |
* The above is just an example based on hypothetical spending. Your earnings will differ.
That's an approximate $967 back in year one from a card with no annual fee. And the spending in this example isn't unusual. It's a household that buys groceries, eats out a couple of times a week, subscribes to a few streaming services, goes to a concert, and takes one trip.
The 3% categories cover what you already spend on. Groceries, restaurants, takeout, streaming, movie theaters, concerts, and sporting events. These aren't niche categories you have to chase. They're the purchases most people make every week.
No caps, no rotation, no activation. Unlike cards with quarterly rotating categories, the Savor's 3% rate stays the same all year. You don't have to remember to opt in, track which categories are active, or worry about hitting a spending ceiling.
The 0% intro APR adds flexibility (Rates and Fees). New cardholders get 0% APR for 12 months on both purchases and balance transfers (18.49% - 28.49% variable APR after that). If you need to finance a large purchase or want to consolidate existing credit card debt, you can do that while still earning cash back on everything you buy.
The $500 threshold is unusually low. Many premium cards require $3,000 to $4,000 in spending to earn their welcome bonus. The Savor asks for $500. Most households would hit that in the first few weeks without changing their spending habits at all.
It works abroad, too. No foreign transaction fees is a rare perk for a no-annual-fee card. If you travel internationally, you're saving the typical 3% surcharge on every purchase. A $2,000 trip abroad means $60 you didn't lose to fees.
The $250 limited-time bonus, paired with 3% cash back on everyday spending, no annual fee, and a 12-month 0% APR, makes this one of the strongest no-fee cash back offers available right now. Whether you're looking for a standalone card or a complement to an existing card setup, the Capital One Savor Cash Rewards (Rates and Fees) earns its keep from day one.
Read the full BestMoney Capital One Savor Cash Rewards review
Compare the top cash back credit cards
Is the $250 bonus offer permanent?
No. The standard bonus is $200. The $250 bonus offer is a limited-time offer. Once it ends, the threshold and standard bonus may revert, so applying sooner rather than later gets you the higher amount.
Does the Savor have a foreign transaction fee?
No. There's no foreign transaction fee (Rates and Fees), which is uncommon for a no-annual-fee card. You pay the same cash back rates on purchases abroad as you do at home.
What counts as "entertainment" for the 3% category?
Capital One's entertainment category includes movie theaters, concert venues, sporting events, tourist attractions, and select streaming services. It's broad enough that most people hit it without trying.
What happens after the 12-month 0% intro APR ends?
The APR adjusts to a variable rate between 18.49% and 28.49%, depending on your creditworthiness. If you're using the card for a large purchase or balance transfer, plan to pay it off before the 12 months are up.
Disclosure: The information related to the Capital One Savor Cash Rewards Credit Card has been collected by Bestmoney.com and has not been reviewed or provided by the issuer or provider of this product or service.
Editorial disclosure: The credit card offers and information presented on this page are current as of the published date. However, credit card terms, including APRs, fees, and promotional offers, are subject to change without notice. Some offers listed may no longer be available or may have expired. Please refer to the issuer's website for the most up-to-date terms and conditions.
The BestMoney editorial team is composed of writers and experts covering a full range of financial services. Our mission is to simplify the process of selecting the right provider for every need, leveraging our extensive industry knowledge to deliver clear, reliable advice.
