The Savor Card from Capital One - Card Issuers News

ADVERTISING DISCLOSURE

ADVERTISING DISCLOSURE:
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from most 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

The Savor Card from Capital One
October
19
The content is accurate at the time of publication and is subject to change.

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.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
Add to Favorites:

Related News:

Credit Card Companies and Banks Set the Tone for Mobile Apps
Credit Card Companies and Banks Set the Tone for Mobile Apps

Posted: June 19, 2018

Credit card companies and Banks in the United States are setting the bar when it comes to mobile apps according to a new study from J.D. Power. It found that more people are using these apps and are happy with their design—and they are... Continue reading
Revenues Are Up for Small Businesses
Revenues Are Up for Small Businesses

Posted: November 24, 2017

With sales up and business conditions improving, small businesses are feeling good about the future, according to Capital One's newest Small Business Growth Index, finding that 60% of small business owners (SBOs) believe that their current... Continue reading
Shopping Trended Upward in 2017
Shopping Trended Upward in 2017

Posted: December 28, 2017

Holiday shopping was trending with consumers in 2017, according to the U.S. Retail Holiday Shopping Mid-Season Update by MasterCard SpendingPulse, showing that along with holiday cheer there was strong growth in the market, with a 3.6%... Continue reading
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com, or wholesale clubs up to the quarterly maximum each time you activate.
For Excellent, Good Credit
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
0% Intro APR on Balance Transfers and Purchases for 18 months. After that, the variable APR will be 15.74% - 25.74% based on your creditworthiness*
For Excellent, Good Credit
You've successfully subscribed!

Please specify the following:All these fields are optional

Your Credit History
Themes you are interested in:

By providing this information you help us make our news letters more useful and informative. Thank you!