Capital One Savor Cards Boost Food-Related Rewards, Add Streaming

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In July 2024, the annual-fee version of the Capital One Savor card stopped accepting applications. In October 2024, the no-annual-fee "SavorOne" card was rebranded as just "Savor." As a result, card details in this article should be considered out of date. See our review of the current version of the Savor card for full details about the card's offerings.

Capital One's Savor credit cards are sweetening their rewards rates on food-related categories, while also incentivizing streaming purchases.

As of May 18, 2021:

The Capital One Savor Cash Rewards Credit Card ($95 annual fee) earns 4% cash back on streaming services like Netflix, Disney+ and Hulu, and 3% back on grocery store purchases.
The Capital One SavorOne Cash Rewards Credit Card ($0 annual fee) earns 3% back on streaming services and grocery store purchases.

Neither card's bonus rewards rate on "entertainment" is changing — but previously, streaming services did not count as entertainment and were classified with "everything else," earning just 1% back. Here's a closer look at what's changing:

	Savor	SavorOne
New rewards rates	• 4% back on dining, streaming services and entertainment. • 3% back at grocery stores. • 1% back on all other spending.	• 3% back on dining, streaming services, grocery stores and entertainment. • 1% back on all other spending.
Previous rewards rates	• 4% back on dining and entertainment. • 2% back at grocery stores. • 1% back on all other spending.	• 3% back on dining and entertainment. • 2% back at grocery stores. • 1% back on all other spending.
Annual fee	$95	$0

» MORE: NerdWallet's best credit cards for restaurants

🤓Nerdy Tip

For either Savor card, "entertainment" includes things like tickets for movies, sports events, concerts, plays, qualifying tourist attractions and theme parks, zoos and aquariums. It also includes dance clubs, pool halls, bowling alleys and record stores.

» MORE: NerdWallet's best credit cards for groceries

What does it mean for cardholders?

The addition of streaming as a bonus category is a welcome development, and both cards are now more competitive for the foodie audience, depending on whether that food is bought at a restaurant or a grocery store. And that's an important distinction.

For instance, the Savor cards' primary competitor is the U.S. Bank Altitude® Go Visa Signature® Card, which offers 4X back at restaurants — with a $0 annual fee. So it's still possibly a better choice if much of your budget goes toward dining out.

But the Altitude Go earns only 2X back at grocery stores and on eligible streaming purchases, and "entertainment" isn't a bonus category for the card at all (discount stores/supercenters and wholesale clubs excluded, effective Sept. 9, 2024).

Either Savor card could now be a more valuable choice when it comes to that kind of spending.

» MORE: Benefits of the Capital One Savor card