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Capital One Savor and SavorOne Now Earn Even More Rewards

Capital One is providing Savor and SavorOne Cash Rewards cardholders with even more value – effective immediately. Both cards now earn additional cash back on grocery store purchases and feature new cash back savings on select streaming services. Here are all the details of the new Capital One Savor bonus categories:

Capital One Savor Now Earns 4% Back on Streaming – and More

The Capital One Savor is one of the most popular premium cash back rewards cards on the market today. The card, which features a $95 annual fee, earns an unlimited 4% cash back on dining and entertainment, 2% back at grocery stores, and 1% back on all other eligible purchases.

Capital One is now increasing the value of the Savor Card by adding additional cash back on groceries and 4% back on popular streaming services.  Effective immediately, the Savor Cash Rewards Card now earns 3% back on groceries and 4% back on streaming services, including Disney+, Netflix, Hulu, and more.

SavorOne Cash Rewards Also Now Earns More

The Capital One SavorOne Card, the no annual fee version of the Savor, is also getting a facelift.  The SavorOne now earns 3% cash back on dining, entertainment, groceries, and streaming services. Previously, the SavorOne earned 3% back on dining and entertainment and 2% back on grocery store purchases.

Redeeming Capital One Cash Back Rewards

Thanks to the new cash back bonus categories, both Capital One Savor and SavorOne cardholders can enjoy even more value when redeeming their rewards. Capital One offers several redemption options for cash back cardholders, including the usual statement credits towards credit card bills, automatic direct deposits or checks, or gift cards from major retailers like Lowe’s Walmart, and more. Capital One cardholders can also use their rewards to make purchases through Amazon and PayPal simply by logging in and connecting their Capital One card account.

Related Article: Capital One Joins PayPal Pay with Rewards Program

Featured image by Tomáš Hustoles / Burst
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Cory Santos

Cory is BestCards.com's "Jack of all trades" and resident credit expert, covering all facets of the credit card space. In addition to credit cards, Cory finds that jogging, cats, and memes are essential parts of a balanced day.