Capital One Venture Card vs. Capital One Savor Card [Detailed Comparison]

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First-time credit card applicants may be drawn to credit card issuer Capital One due to the wide variety of cards the company offers, the simplicity of the card structures, and the fact that the issuer has a card option for every level of credit history.

For our comparison today, we’ve selected 2 of the most popular Capital One cards that are designed for consumers with excellent credit who want to earn rewards on every purchase they make.

However, that’s where the similarity ends when comparing the Capital One Venture Rewards card and the Capital One® Savor® Rewards card. Each of our featured cards has its own earning and redemption structure and as a result, one could prove to be a better fit depending on your spending mix and redemption priorities.

Join us as we dig deeper into the attributes of these 2 Capital One cards and compare how the cards earn rewards, your options at redemption time, and the benefits you can expect to receive on each card.

Minimum Qualification Requirements

You are recommended to have an excellent credit score (generally 740 to 850) to qualify for either of our featured cards. Capital One clarifies this requirement further by stating that applicants for these cards “have never declared bankruptcy or defaulted on a loan, not been more than 60 days late on any credit card, loan, or medical bill, in the last year, and have had a loan or credit card for 3 years or more with a credit limit above $5,000.”

Fortunately, you can find out in advance if you may be targeted for a Capital One credit card offer by utilizing the CardMatch tool. This risk-free tool is easy to use, requires minimal information, and there’s no hard inquiry done on your credit report. You’ll know immediately if you have card offers available to you.

Capital One also offers its own risk-free inquiry tool but it does require you to submit a lot more information.

These pre-qualification tools do not guarantee that you will be approved for a card but do give you an idea of cards for which you are more likely to be approved.

Prior to applying for any card, you’ll want to obtain a (free) copy of your credit report to find out where you stand currently and to check it for any potential errors.

You may also find value in reviewing this article on the pre-qualification process and how to find card offers.

Bottom Line: You are recommended to have excellent credit to qualify for the CapOne Venture card or the CapOne Savor card. Use the CardMatch tool or Capital One pre-qualification tool to see if you have card offers available to you prior to submitting a card application and review your credit report for accuracy. 

The Value of a Welcome Bonus

You’ll have a unique opportunity after card approval to secure an initial welcome bonus worth hundreds of dollars with either of our featured cards.

The CapOne Venture card has the most generous bonus after completing the minimum spending requirements in the first 3 months after card approval. We value Capital One miles around 1.4 cents each, but at redemption time they could be worth more if you utilize the option to transfer miles to travel partners. We’ll elaborate on this option shortly.

The CapOne Savor card offers a cash bonus after completing spending requirements in the first 3 months after card approval.

Welcome offers do change, so be sure to confirm the current offer before submitting an application. We’ve provided a snapshot above of the current offers for each of our featured cards.

Bottom Line: If you can complete the minimum spending requirement in the first 3 months after card approval, the CapOne Venture card offers a superior welcome bonus over the CapOne Savor card. 

Earning Rewards

Couple with menu
With the right rewards card, every purchase you make can earn rewards. Image Credit: cottonbro via Pexels

Every purchase you make with either of our featured cards will earn rewards. However, let’s take a closer look at how the cards differ when it comes to the level of rewards you’ll earn on each purchase.

CapOne Venture CardCapOne Savor Card
  • 2 miles per dollar spent on every purchase

If you spend a lot on dining, entertainment, streaming services, and at grocery stores, you’ll likely come out ahead with the CapOne Savor card. If your spending mix is mostly in categories other than those bonus categories, however, the CapOne Venture card may be the better earning card for your situation.

For example, if you spent $20,000 each year in 4% cash-back categories on the CapOne Savor card, you would earn $800 in cash-back but only $560 worth of Capital One miles on the CapOne Venture card (using a value of 1.4 cents per mile).

If however, your greatest spending is at gas stations, on school tuition, or other non-bonus categories, you may fare better with the CapOne Venture card at 2 miles per dollar spent on those (and all other purchases) versus 1% cash-back on the CapOne Savor card.

Bottom Line: The better card for earning rewards will depend on your spending mix. If you spend a lot on dining, entertainment, streaming services, and at grocery stores, the CapOne Savor card may offering greater earnings. If your greatest expenses are in other categories, you could fare better with the CapOne Venture card.

Redemption Options

Paris France Eiffel Tower
Whether you want to use rewards for travel or you’d rather earn cash-back, there’s a Capital One card to fit your preferences. Image Credit: Elina Sazonova via Pexels

When it comes time to redeem your hard-earned rewards, you’ll want to select an option that delivers the best value and matches your preferences. Here are the choices for redeeming rewards earned on our featured cards, in order of the best potential value.

CapOne Venture CardCapOne Savor Card
  • Transfer miles to airline or hotel loyalty programs to purchase award flight tickets or hotel stays
  • Erase previous travel purchases with a statement credit via the Purchase Eraser option
  • Redeem for travel via Capital One Travel for 1 cent per mile in value
  • Shop at Amazon, redeem via PayPal, purchase gift cards, or request a statement credit (may result in less than 1 cent per point)
  • Redeem miles for a check or statement credit
  • Use miles for shopping at Amazon, redeem via PayPal, or purchase gift cards (may result in less value than a check or statement credit)

 

If you want to redeem your rewards for travel, the CapOne Venture card would be the better card option as you have several choices to receive 1 cent in value, or better, for each mile redeemed. You may also receive greater value when transferring miles to travel partners, a travel redemption option you won’t have with the CapOne Savor card.

Bottom Line: The best value for miles earned on the CapOne Venture card may be realized by transferring miles to airline frequent flyer programs. For the CapOne Savor card, you’ll receive full value when requesting a check or statement credit. 

Travel Benefits and Protections

Car driving near ocean
You won’t pay extra for the travel benefits and protections that come complimentary with your card. Image Credit: Simon via Pexels

Both of our featured cards come with useful travel benefits and protections, however, because the cards are issued by different networks, coverages will vary depending on whether your card is a Mastercard or Visa. Fortunately, you’ll enjoy worldwide acceptance with either card.

Here is an overview of the travel benefits/protections you can expect with each card.

  • Car Rental Insurance — Use your card to reserve and pay for your entire car rental, decline the rental agency’s collision damage waiver coverage, and receive secondary car rental coverage in your country of residence. If you do not have car insurance or your policy does not cover you out of the country, the coverage on the card may be primary. Terms and conditions apply.
  • Luggage Insurance — Receive up to $3,000 per trip ($2,000 for NY residents) in reimbursements if your checked or carry-on luggage is lost when your trip is paid for with your CapOne Venture card. The CapOne Savor card offers luggage delay coverage up to $100 per day, up to 3 days, for delays over 4 hours.
  • Roadside Assistance — Receive assistance 24/7 and pay 1 low fee for a roadside assistance service call that can include tire-changing, emergency fuel, jumpstarting, lock-out service, and limited towing.
  • Travel Accident Insurance — Both of our featured cards come with coverage of up to $250,000 (CapOne Venture card) or up to $1,000,000 (CapOne Savor card) for loss of life or covered severe injury while traveling.
  • Travel and Emergency Assistance Services — Get help when traveling with referrals for translation services, medical and legal referrals, emergency currency, and more. Cardholders are responsible for the actual services received.

The CapOne Savor card has this additional benefit:

In addition to the above benefits, the CapOne Venture card comes with access to these hotel collection benefits:

  • The Luxury Hotel Collection — Receive complimentary breakfast for 2, room upgrades when available, a $25 food/beverage credit, late checkout, free Wi-Fi, and a best available rate guarantee at Luxury Hotel Collection properties.

This is just an overview of some of the key travel benefits and protections and not an all-inclusive list. The actual benefit/protection descriptions, limits, terms, and conditions will be spelled out in the specific card’s Guide to Benefits.

Bottom Line: Both the CapOne Venture card and the CapOne Savor card come with several valuable travel benefits and protections that can save you money or provide help when you need it. The level of benefits will vary, depending on whether your card is a Visa Signature or World Elite Mastercard.

Shopping Benefits and Protections

Shopping benefits and protections can save you money or provide coverage should you experience a covered loss to an eligible item purchased with your card. Here are some of the coverages you can expect to find on our featured cards.

  • Extended Warranty — Both of our featured cards come with extended warranty protection for eligible products purchased with your card that have manufacturer’s warranties of 3 years or less (CapOne Venture card), or 2 years or less (CapOne Savor card). Warranties are extended up to 1 year with the CapOne Venture card and up to 2 years with the CapOne Savor card.
  • Purchase Security Protection — Should an eligible item, purchased with your card, be stolen or damaged within 90 days after purchase, you could receive up to $1,000 per item to a limit of $25,000 per 12-month period (CapOne Savor card), or $500 per item with a limit of $50,000 per 12-month period (CapOne Venture card).
  • Capital One Shopping Tool — Save money when shopping online as applicable coupons are added during your purchase. You do not have to be a Capital One cardholder to use the tool.

Additionally, the CapOne Savor card comes with price protection coverage:

  • Price Protection — Purchase a qualifying item with your card and if you find the item advertised for less within 120 days from the date of purchase, you could receive up to $250 per item. There is a limit of 4 claims for each 12-month period.

Bottom Line: While both of our featured cards come with extended warranty, purchase security, and the Capital One Shopping tool, the CapOne Savor card comes with hard-to-find price protection.

CapOne Venture Card vs. CapOne Savor Card — Summary

Let’s bring all of the information we’ve covered on our 2 featured cards into 1 side-by-side comparison that will help you sort out the best features and benefits of both cards.

Here’s how the CapOne Venture card (issued as a Visa Signature card), compares overall to the CapOne Savor card (issued as a World Elite Mastercard).

Feature or BenefitCapOne Venture CardCapOne Savor Card
Annual Fee$95$95
Earning Rewards
  • 2 miles per dollar spent on every purchase
  • 4% cash-back on dining, entertainment, and select streaming services
  • 3% cash-back at grocery stores
  • 1% back on all other purchases
  • 8% cash-back on ticket purchases at Vivid Seats
Redemption Options
  • Transfer miles to airline and hotel partner programs to purchase award flights, free hotel nights
  • Erase previous travel purchases with a statement credit using Purchase Eraser
  • Purchase travel via Capital One with miles worth 1 cent each
  • Shop at Amazon, redeem via PayPal, redeem for gift cards, or statement credits
  • Redeem rewards for a check or statement credit
  • Shop on Amazon, redeem via PayPal, or redeem for gift cards

 

Travel Benefits and Protections
  • Car rental insurance
  • Roadside assistance
  • Lost luggage reimbursement
  • Travel accident insurance
  • Travel and emergency assistance
  • Luxury Hotel Collection benefits
  • Global Entry or TSA PreCheck fee reimbursement up to $100
  • Car rental insurance
  • Roadside assistance
  • Luggage delay insurance
  • Travel accident insurance
  • Trip interruption or cancellation coverage
  • Travel and emergency assistance
Shopping Benefits and Protections
  • Extended warranty
  • Purchase security protection
  • Capital One Shopping tool
  • Price protection
  • Extended warranty
  • Purchase security protection
  • Capital One Shopping tool

Alternative Cards To Consider

You’ll generally need excellent credit to qualify for either of our featured cards. With excellent credit, you’ll be in a position to have choices when it comes to rewards-earning cards.

While either of our featured cards may be a good choice for your situation, here are 2 additional recommended rewards cards, for comparison, that require excellent credit.

Chase Sapphire Preferred® Card

We like that the Chase Sapphire Preferred card comes with a generous welcome bonus and that the card earns valuable and flexible Ultimate Rewards points. Additionally, when you redeem points for travel via the Chase travel portal, your points will be worth 25% more. You can also transfer points to airline and hotel loyalty programs for even greater potential value.

The Chase Sapphire Preferred card is also one of the best cards for travel benefits including primary car rental insurance, trip cancellation/interruption, luggage insurance, and more. Read more about the associated travel insurance benefits of the card.

American Express® Gold Card

If your spending centers more around everyday purchases such as those made at U.S. supermarkets or at restaurants (including takeout and delivery), you’ll find rewards will add up quickly with the Amex Gold card.

This dual-purpose card is also great for earning Amex Membership Rewards points on travel purchases. Membership Rewards points, in turn, can be redeemed for travel or transferred to airline/hotel partners for the possibility of greater value.

Hot Tip: Learn more about these 2 popular cards in our detailed comparison of the Chase Sapphire Preferred card and the Amex Gold card.

Final Thoughts

If you travel and prefer a card that earns rewards you can redeem for travel purchases, the CapOne Venture card may be the better choice of our 2 featured cards.

The CapOne Savor card, however, is an excellent everyday spending card that helps you earn cash-back quickly. If you spend a lot in everyday categories such as dining out, groceries, entertainment, and streaming services, you could fare better with this card.

The better of the 2 cards for you will, of course, depend on your spending mix, redemption preferences, and which benefits you will be able to utilize.

If you own a business, regardless of size, you may also want to explore some of the best business cards Capital One has to offer.


The information regarding the Capital One Venture Rewards Card and Capital One® Savor® Rewards card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.

For rates and fees of the American Express® Gold Card, click here.


Frequently asked questions

Which is better, the CapOne Venure card or the CapOne Savor card?

The better card for you will depend on your spending mix. If you spend a lot on dining, entertainment, streaming services, and at grocery stores, the CapOne Savor card could offer higher earnings.

If your greatest spending is in other categories and you want a good-value redemption option for travel, the CapOne Venture card could be the better choice.

Regardless of which card you select, you’ll have worldwide acceptance with Visa and Mastercard networks.

Is the Capital One Venture card a Mastercard or Visa?

The CapOne Venture card is a Visa Signature card and therefore comes with several Visa Signature benefits such as car rental insurance, Luxury Hotel Collection benefits, and more.

Which is better, cash-back or Capital One miles?

The better rewards structure for you will depend on your redemption preferences.

Cash-back rewards are simple to redeem and it is possible to receive 1 cent in value for 1 cent in rewards earned. Some redemption options for your cash-back will yield less than 1 cent in value.

Capital One miles may have greater potential value when transferred to frequent flyer programs and used to purchase award ticket flights. There are several travel redemption options for your miles that yield 1 cent per mile or greater.

If you travel, you may want to earn and redeem miles. If you travel seldomly you may prefer cash-back.

Can I redeem Capital One miles for flights?

Capital One miles are not frequent flyer miles and cannot be redeemed directly with an airline for flights. Capital One miles are more like flexible points that can be transferred to airline and hotel partner loyalty programs and then redeemed for award flights or hotel nights.

In addition, you can redeem Capital One miles for a statement credit to wipe out flight purchases (and other travel purchases) with Purchase Eraser.

You also have the option to purchase travel using your Capital One miles via Capital One Travel.

Christine Krzyszton

About Christine Krzyszton

Christine, who lives in Northern Michigan, travels about 300,000 miles a year despite her remote location. Her expertise is traveling the world on a weekend with no pre-determined destination in mind, letting the cost of the airfare determine where she will go. She has over four million flown miles and elite status on all three major domestic carriers.

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