Intro Offer
$200 Earn a one-time $200 cash bonus after you spend $500 on purchases within the first 3 months from account opening
Rewards Rate
1% – 8% 8% Cash Back on Capital One Entertainment purchases; 5% Cash Back on hotels and rental cars booked through Capital One Travel (terms apply); 3% Cash Back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®); 1% Cash Back on all other purchases
Rec. Credit
670 – 850 Good – Excellent Recommended Credit: Credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application. A credit score is used to indicate an applicant’s credit worthiness and may provide guidance about account eligibility. It does not necessarily guarantee approval for any financial product.
APR
19.99% – 29.99% (Variable)
Rating Breakdown 3.6
Welcome Bonus 3.5
Rewards Program 3.5
Value for Money 4.0
Benefits 3.0
Fees and APR 3.5
How We Rate Rewards / Travel Cards
We rate credit cards using our Rewards / Travel methodology for cards tailored to earning rewards. We focus on each card’s reward potential, the value you get compared to the card’s cost, the benefits and the card’s rates and fees. Credit card issuers have no say or influence in our ratings. How we rate credit cards
Card Details
Rewards Rates
8%
8% Cash Back on Capital One Entertainment purchases
5%
5% Cash Back on hotels and rental cars booked through Capital One Travel (terms apply)
3%
3% Cash Back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®)
1%
1% Cash Back on all other purchases
Rating Breakdown 3.6
Welcome Bonus 3.5
Rewards Program 3.5
Value for Money 4.0
Benefits 3.0
Fees and APR 3.5
How We Rate Rewards / Travel Cards
We rate credit cards using our Rewards / Travel methodology for cards tailored to earning rewards. We focus on each card’s reward potential, the value you get compared to the card’s cost, the benefits and the card’s rates and fees. Credit card issuers have no say or influence in our ratings. How we rate credit cards
Card Details
Rewards Rates
8%
8% Cash Back on Capital One Entertainment purchases
5%
5% Cash Back on hotels and rental cars booked through Capital One Travel (terms apply)
3%
3% Cash Back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®)
1%
1% Cash Back on all other purchases
The Capital One SavorOne Cash Rewards Credit Card starts new cardholders off with a $200 cash bonus when they spend $500 on purchases within three months of account opening. Once you’ve earned its bonus, stick around for the dining rewards.
You could earn 3% cash back on dining, entertainment, popular streaming services and at grocery stores and 1% back on other purchases. Plus, 5% for hotels and car rentals booked through Capital One Travel.
There’s no annual fee, and members even get 10% back on Uber and Uber Eats purchases along with Uber One membership fees covered through Nov. 14 (enrollment required).
That makes this card a good option for both dining in and ordering out from your favorite restaurant. Lastly, the SavorOne doesn’t charge foreign transaction fees, so it’s a good option for trips all over the world.
CNET’S PICK
4.1/5
Rating Breakdown 4.1 Welcome Bonus 3.0 Rewards Program 5.0 Value for Money 5.0 Benefits 3.0 Fees and APR 3.5 How We Rate Rewards / Travel Cards We rate credit cards using our Rewards / Travel methodology for cards tailored to earning rewards. We focus on each card’s reward potential, the value you get compared to the card’s cost, the benefits and the card’s rates and fees. Credit card issuers have no say or influence in our ratings. How we rate credit cards
8.2/10
CNET rates credit cards by comparing their offers to those of their categorical competitors. Each card is individually evaluated through a formula which reflects the standards and expectations of the contemporary market. Credit card issuers have no say or influence in our ratings. How we rate credit cards
Intro Offer
$200 Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening
Rewards Rate
1% – 5% 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter!; 5% cash back on travel purchased through Chase Travel℠.; 3% cash back on dining and drugstores.; 1% cash back on all other purchases.
Rec. Credit
670 – 850 Good – Excellent Recommended Credit: Credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application. A credit score is used to indicate an applicant’s credit worthiness and may provide guidance about account eligibility. It does not necessarily guarantee approval for any financial product.
APR
20.49% – 29.24% Variable
Rating Breakdown 4.1
Welcome Bonus 3.0
Rewards Program 5.0
Value for Money 5.0
Benefits 3.0
Fees and APR 3.5
How We Rate Rewards / Travel Cards
We rate credit cards using our Rewards / Travel methodology for cards tailored to earning rewards. We focus on each card’s reward potential, the value you get compared to the card’s cost, the benefits and the card’s rates and fees. Credit card issuers have no say or influence in our ratings. How we rate credit cards
Card Details
Rewards Rates
5%
5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter!
5%
5% cash back on travel purchased through Chase Travel℠.
3%
3% cash back on dining and drugstores.
1%
1% cash back on all other purchases.
Rating Breakdown 4.1
Welcome Bonus 3.0
Rewards Program 5.0
Value for Money 5.0
Benefits 3.0
Fees and APR 3.5
How We Rate Rewards / Travel Cards
We rate credit cards using our Rewards / Travel methodology for cards tailored to earning rewards. We focus on each card’s reward potential, the value you get compared to the card’s cost, the benefits and the card’s rates and fees. Credit card issuers have no say or influence in our ratings. How we rate credit cards
Card Details
Rewards Rates
5%
5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter!
5%
5% cash back on travel purchased through Chase Travel℠.
3%
3% cash back on dining and drugstores.
1%
1% cash back on all other purchases.
The Chase Freedom Flex®* is another no-annual-fee credit card that earns bonus rewards on dining out and in other everyday categories. It has the same welcome bonus as the SavorOne: A $200 cash bonus after spending $500 on purchases within three months of account opening.
It too offers 3% cash back on dining, and 5% cash back for travel booked through its issuer travel portal. But that’s where the similarities end. The Freedom Flex, somewhat uniquely, also provides 5% cash back (on up to $1,500 on combined purchases in quarterly bonus categories when you activate) for purchases that change quarterly, which gives it a good amount of earning power, especially considering its lack of annual fee.
While earning 3% back on dining with this card is always a sweet deal, Chase Freedom bonus categories typically include restaurants at least once yearly. For example, the Freedom Flex category for Q2 of 2024 (April through June) included Amazon.com, hotels and restaurants. This means that you could potentially earn up to 7% back on $1,500 in restaurant spending for three months per year.
If you plan on using a rewards credit card to offset the surging costs of dining out, you’ll want to pay your credit card balance in full each month to avoid paying credit card interest. Other ways to save money on dining out with or without a credit card include the following:
CNET’S PICK
60,000 bonus points Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $750 when you redeem through Chase Travel℠.
Annual fee
APR
Intro Purchase APR
Recommended Credit A credit score is used to indicate an applicant’s credit worthiness and may provide guidance about account eligibility. It does not necessarily guarantee approval for any financial product.
1x – 5x 5x on travel purchased through Chase Travel℠.; 3x on dining, select streaming services and online groceries.; 2x on all other travel purchases.; 1x on all other purchases.
$200 Earn a one-time $200 cash bonus after you spend $500 on purchases within the first 3 months from account opening
Annual fee
APR
Intro Purchase APR
Recommended Credit A credit score is used to indicate an applicant’s credit worthiness and may provide guidance about account eligibility. It does not necessarily guarantee approval for any financial product.
1% – 8% 8% Cash Back on Capital One Entertainment purchases; 5% Cash Back on hotels and rental cars booked through Capital One Travel (terms apply); 3% Cash Back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®); 1% Cash Back on all other purchases
$200 Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening
Annual fee
APR
Intro Purchase APR
Recommended Credit A credit score is used to indicate an applicant’s credit worthiness and may provide guidance about account eligibility. It does not necessarily guarantee approval for any financial product.
1% – 5% 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter!; 5% cash back on travel purchased through Chase Travel℠.; 3% cash back on dining and drugstores.; 1% cash back on all other purchases.
Restaurant prices won’t likely be going down anytime soon, yet we do have some power over what we pay for meals. We can dine out less often, search for meal deals and go out to eat during the day instead of the evening.
Having the right cash back or rewards credit card can also go a long way toward saving on dining out, whether you use your card to maximize rewards at restaurants or redeem points at restaurants after the fact. But the strategy only makes sense if you plan to pay your credit card off in full each month.
*All information about the Capital One SavorOne Cash Rewards Credit Card and the Chase Freedom Flex has been collected independently by CNET and has not been reviewed by the issuer.
The editorial content on this page is based solely on objective, independent assessments by our writers and is not influenced by advertising or partnerships. It has not been provided or commissioned by any third party. However, we may receive compensation when you click on links to products or services offered by our partners.
Source: cnet.com