The Savor Card from Capital One - Card Issuers News

Advertising Disclosure

Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » News » Card Issuers » The Savor Card from Capital One

The Savor Card from Capital One

Add to Favorites:
The Savor Card from Capital One
October
19

The Savor Card is the newest addition to the Capital One credit card portfolio offering enhanced cashback on all things related to food. With this card, people get 3% cash back when dining out and 2% back when buying groceries. All other purchases earn 1% back and there is no annual fee for getting this card.

There is no limit on how much people can earn in cash back, and there is no minimum amount needed to redeem rewards, so people can cash them in whenever they want or need to. People who apply for and get the Savor Card are eligible for a $150 bonus, which they receive once they spend $500 during the first three months they have the card.

“When we asked people to share what matters most to them, we heard repeatedly that food and dining are an important part of their lives,” said Emilia Lopez, managing vice president of US Card at Capital One.

“We created the Savor card to give customers a simple way to earn more when they are doing what we know they love. Whether it’s cooking a meal with family, enjoying coffee with friends, or celebrating a special occasion at a favorite restaurant, the Savor card helps make life’s moments more rewarding,” she said.

The perks

There are other perks that come along with this card, including no foreign transaction fees to deal with when traveling outside the U.S. People also get access to free concierge service, identify theft resolution service, trip cancellation/interruption insurance, travel accident insurance, and baggage delay insurance.

Cardholders also get access to a free alert service, which lets them know when odd patterns appear on their card. The service would check in with cardholders when they leave a bigger tip than usual, when a reoccurring charge is higher than the month before, and when there are double charges, along with other unusual occurrences.

People with the Savor card can also use contactless technology when checking out. This means that they can tap their cards at the register when they are using contactless-enabled credit card terminal.

Food spends are up

The Savor Card was designed with peoples evolving eating habits in mind, with Capital One pointing out that in the MasterCard SpendingPulse Report over the past three years, consumers have spent more on food, whether eating out (20%) or grocery shopping (5%).

And according to the report eating out is definitely experiencing an upswing, with spending in this area has increased by $100 billion, while spending on groceries is up by $30 billion.
For more information about this card, people can visit the website.

All credit cards terms, fees and rates mentioned in this article/post are actual on the posting date. See the current products’ Terms & Conditions on the issuing banks' websites.
Add to Favorites:

Related News:

Gen Z and Millennials Spending More This Holiday Season

Posted: November 23, 2017

Holiday shopping is in full swing, and while spending trends are on target to be on par with last year across the generations, Gen Z and Millennials are feeling more festive, and are on point to spend more this season whether that's on ... Continue reading
Hackers Are Not Dimming Holiday Cheer

Posted: November 22, 2017

Holiday shopping season can be a big draw for criminals, in both stores and online, and while consumers are worried, it's not going to get in their way this season, according to a new study by Discover. They found that 73% of people will ... Continue reading
Small Business Saturday Resonates With Consumers

Posted: November 21, 2017

If you know that November 25 is Small Business Saturday you are in good company because 61% of consumers know it is taking place too, according to the 2017 Small Business Saturday Consumer Insights Survey. Continue reading
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
We'll match all the Miles you've earned at the end of your first year. For example, if you earn 30,000 Miles, you get 60,000 Miles.
For Excellent, Good Credit
INTRO OFFER: Discover will match ALL the cash back earned at the end of your first year, automatically.
For Excellent, Good Credit
Our application is quick and easy with instant pre-qualification available
For Fair / Good Credit