Calling attention to all foodies, if you have ever thought to yourself that someone should pay you for all the food you eat out, then you’re going to want to check out the Capital One Savor Rewards Credit Card. You can get 4% cash back on all the money you spend in restaruants, cafes, bars and lounges. And if you’re a foodie, you might also be one for a whole lot of entertaining too. You can get that 4% cash back on things like tickets to shows and more.
This card is definitely for people with an expendable income that are able to enjoy the pleasures of dining and entertainment out on the regular. So if that isn’t you, this card might not be the best one for you. If you are looking for somethng that’s going to help you out of a financial crunch, there are a ton of options out there that offer easy balance transfers and 0 interest on transfers for a year or more.
This card won’t charge you an annual fee for the first year and the interest is reasonable. But Capital One Savor expects an awesome credit score before they will give you the perks. Our editors have closely examined the details of this card, and even if you aren’t just looking for rewards it could help you out. Read the information below to make an informed decision on whether or not you want to keep this on your credit card wish list or not.
What are the Benefits of a Capital One Savor Rewards Credit Card?
Users of Capital One Savor Rewards Credit Card enjoy the signup bonus, and you get subsequent $400 in money back when you burn through $3,000 in the initial 3 months after opening the account. With the money back, you benefit from the boundless 4% back on entertainment purchases and dining, 1% back on everything purchased, and 2% on grocery store purchases.
This Capital One Credit Card has no foreign exchange charges when you charge it abroad. Some cards through other companies have a maximum of 3% expense for every exchange. With Capital One, you won’t have to deal with that. Users can also get instant purchase notifications by email, phone, and text. In case you lose your card, you can lock and unlock it if need be. You also benefit from the $0 fraud obligation coverage and more.
Fare bought with your card offers automatic travel protection. Pay your vehicle rental using your card and get protection against burglary and collision destruction.Whenever you pay late, you’ll just pay a late installment punishment expense. Different cards charge a punishment APR that may apply after a solitary late installment that could screw you over thanks to uncertainty, but not with the Savor Rewards card.
What are the Fees for the Capital One Savor Rewards Credit Card?
You might be totally enamored with those cash back rewards, but there are other things you need to take into consideration. There are fees associated with the card and you can check out the synopsis of those fees below before you decide on whether or not it is for you.
- Annual Fee: $95
- Variable APR: 16.74%, 22.24% or 25.74%, based on your creditworthiness
- Variable Balance Transfer Rate: 16.74%, 22.24% or 25.74%, based on your creditworthiness
- Cash Advance Fee: $10 or 3%, whichever is greater
- Foreign Transaction Fee: None
- Late Payment Fee: Up to $39
The Capital One Savor Rewards Credit Card could be your ideal card if, for the most part, you dine out and plan on making recreational purchases often. Likewise, users enjoy generous sign-up bonuses after they hit some spending limits. As usual, analyze various Visa alternatives before settling on the correct card for you. You can find out more on eligibility and how to apply below.
How to Apply for a Capital One Savor Rewards Credit Card
To apply for the Capital One Credit Card, you should be 18 years and above and a U.S. resident. The information you’ll have to give incorporates your complete name and contact data, your SSN and date of birth, and money-related data, including salary, work status, and home loan or lease.
For more information on how to apply, visit the official Capital One website. From there, you can fill out an online application.
If successful in your application, you’ll be assigned a credit limit based on your circumstances and creditworthiness.
How to Contact Capital One
1680 Capital One Dr.
McLean, VA 22102, USA.
Telephone: 1-800-695-5500 or 1-804-934-2001 if you not from the US.
Note: There are risks involved when applying for and using a credit card. Please see the bank’s Terms and Conditions page for more information.