Capital One Savor Card: Higher Welcome Bonus Offer, Same Spending Requirement

If you’ve been sitting on the fence about the Capital One Savor Cash Rewards Credit Card*×Information collected independently. Not reviewed by Capital One., there’s a reason to act soon.

Capital One has rolled out a better welcome offer for new cardholders. The new offer is $250 rather than the $200 offer available previously, and the good news is that the spending requirement to unlock this offer hasn’t gone up.

Let’s check out the new offer and the other details of the Capital One Savor card to see if it’s a good fit for your wallet.

Capital One Savor Card’s New Welcome Offer

New applicants for the Capital One Savor card can earn a $250 cash bonus after spending $500 on purchases within the first 3 months of account opening. That’s a 50% return on spending.

The card’s previous welcome offer provided a $200 bonus after the same $500 in spending — meaning the bonus got bigger without requiring extra spending to achieve it.

Capital One Savor Card Benefits and Features

The Capital One Savor card is a cash-back credit card with bonus earnings across a solid range of categories:

• 8% back on Capital One Entertainment purchases
• 5% back on hotels, vacation rentals, and rental cars booked through Capital One Travel
• 3% back at grocery stores, dining, entertainment, and popular streaming services
• 1% back on everything else
• $0 annual fee

The 3% categories cover a lot of ground for most people. Groceries, restaurants, and streaming subscriptions are spending many of us can’t avoid. The 8% on Capital One Entertainment is a standout if you regularly buy event tickets through that portal.

On the travel side, the 5% rate on Capital One Travel bookings is competitive, though it does require going through a portal rather than booking direct. That’s worth noting for anyone who prefers booking directly with airlines or hotels.

The card has a $0 annual fee and no foreign transaction fees. That removes 2 common pain points right off the bat. There’s also a 0% intro APR on purchases and balance transfers for 12 months; after that, a 18.49% - 28.49% variable APR applies. BT fee applies

The introductory APR is helpful if you’re planning a larger purchase and want time to pay it off. Rewards from this card don’t expire for the life of the account, which is another nice feature.

Final Thoughts

The Capital One Savor card is a solid no-annual-fee, cash-back card for people who spend heavily on dining, groceries, and entertainment. The new $250 welcome offer is a modest but real improvement over the previous offer of $200 — and it’s available for the same introductory spending requirement.

If you’re in the market for a no-annual-fee card with strong everyday earning categories and the welcome offer bonus is part of your calculus, now could be the right time to apply.