Many of the credit card offers that appear on this site are from credit card issuers from which MillionMileSecrets.com receives compensation. Compensation does not impact the placement of cards on Million Mile Secrets other than in banner advertising. MillionMileSecrets.com does not include all credit card offers that might be available to consumers in the marketplace.

Editorial Note: We're the Million Mile Secrets team. And we're proud of our content, opinions and analysis, and of our reader's comments. These haven’t been reviewed, approved or endorsed by any of the airlines, hotels, or credit card issuers which we often write about. And that’s just how we like it! :)

The Capital One Savor Is the Best Cashback Credit Card for My Family – And Maybe for Yours, Too

Signing up for credit cards through partner links earns us a commission. Terms apply to the offers listed on this page. Here’s our full Advertising Policy.

The Capital One Savor Is the Best Cashback Credit Card for My Family – And Maybe for Yours, Too

Jasmin BaronThe Capital One Savor Is the Best Cashback Credit Card for My Family – And Maybe for Yours, TooMillion Mile Secrets Team

Signing up for credit cards through partner links earns us a commission. Terms apply to the offers listed on this page. Here’s our full Advertising Policy.

Most folks in our hobby focus almost exclusively on earning miles and points for travel, because this is typically the easiest way to earn the most rewards for spending.  Sometimes you can get a return of 10 cents or more per $1 you spend, especially if you redeem for fancy hotel stays or luxury Business and First Class flights.

But the best cash back credit cards have a place in your travel arsenal, too.  Earning cold hard cash gives you complete flexibility in how you redeem your rewards, and can help cover travel expenses you can’t redeem miles and points for – like meals, souvenirs, or activities.

That’s why I’m looking to add a new cash back credit card to my wallet.  And I’ve decided on the Capital One® Savor® Cash Rewards Credit Card because it fits well with my family’s spending habits (and not to mention comes with a very substantial welcome bonus)!

The Capital One Savor Is One of the Best Cash Back Credit Cards Because It Earns Unlimited 4% Cash Back on Dining. And These Girls Love to Eat, so Getting an Effective Discount at Restaurants Will Add Up

I’ll share why the Capital One Savor tops my list of the best cash back credit cards for my family.

The Capital One Savor Is the Best Cash Back Credit Card If You Have Hungry, Active Kids

Apply Here:   Capital One® Savor® Cash Rewards Credit Card

Read our review of the Capital One Savor  

I shared my new Chase credit card strategy now that I’m below Chase’s 5/24 rule – that is, I’ve only opened 1 credit card in the past 24 months so I’m eligible for up to 4 new Chase personal cards in the near future.

So why is the Capital One Savor on my list of cards to get this year?  It’s not a Chase card and will take up a valuable personal card slot in my 5/24 count – doesn’t it make more sense to apply for a Chase card instead?

For some, maybe.  But for me, the bonus and spending categories are too good to pass up!

With the Capital One Savor card, you’ll earn $300 cash back after spending $3,000 on purchases within the first 3 months of account opening.  That’s a very good deal for a card that waives the $95 annual fee in the first year.

And you’ll earn bonus points in certain categories, with NO limits:

  • 4% cash back on dining
  • 4% cash back on entertainment
  • 2% cash back at grocery stores
The Capital One Savor Earns 4% Cash Back on Entertainment, Including Museums Like the Glenn Curtiss Aviation Museum in Hammondsport, New York (That’s a Famed Curtiss Jenny, Used As a Training Aircraft in World War I)

Earning unlimited 4% cash back on dining is huge for our family.  My 2 middle-school daughters love to try new cuisines and we’re often checking out restaurants to try something different.  (This card is wasted on my endlessly-picky son, Mr. Vegetarian Who Doesn’t Eat Vegetables).

Right now I’m using my Citi Prestige Card (open to new applications later this month) to earn 5X points on dining, but I’d consider switching some purchases to the Savor just to earn a nice chunk of cash back.

And the kids are now of the age where they like to hang out with their friends and go to concerts, movies, and theme parks.  With 4% cash back on entertainment (which also includes plays, sporting events, tourist attractions, aquariums, zoos, dance clubs, pool halls, bowling alleys, record stores, and video rental locations) is a nice boost when we’re going to spend money anyway.  Check out Harlan’s post on what exactly counts as entertainment with the Capital One Savor.

I Took the Girls to the Taylor Swift Concert a Few Years Ago – With the Capital One Savor I Would Have Earned 4% Cash Back on the Tickets (I’m Gonna Hear About Posting This Photo Because Ms. Swift Isn’t on Their “Cool” List Anymore)

And the Capital One Savor bonus ain’t too shabby, either.  Earning $300 cash back after spending only $3,000 on purchases in the first 3 months is easily attainable for our family.  Between groceries and dining out, it’ll be a cinch to knock out the spending requirement.

Note:   I probably won’t use the Savor for groceries, because I have other cards that earn more (or offer rotating quarterly bonus categories that earn more).  Here’s our post on the best credit cards for grocery stores.

Bottom Line

The Capital One Savor is on my short list of cards to get this year.  For our family, the bonus categories and welcome offer make it the best cash back credit card for our spending habits.

With the Capital One Savor, you’ll earn $300 cash back after spending $3,000 on purchases in the first 3 months – easy to do and a hefty offer for a card with the annual fee waived the first year.  But it’s the 4% cash back on dining and entertainment that really appeals about this card.  (You’ll also earn 2% cash back on groceries, and 1% back on everything else).

If you like dining out and attending things like concerts, plays, movies, or sporting events (like my kids do!), the Capital One Savor is a top card to consider.  But if those aren’t categories you spend in often, check out our list of the best cash back credit cards to find a card that better suits your needs.

You can apply for the Capital One Savor here.

Capital One® Savor® Cash Rewards Credit Card

Capital One® Savor® Cash Rewards Credit Card

  • Earn a one-time $300 cash bonus after you spend $3000 on purchases within the first 3 months from account opening
  • Earn unlimited 4% cash back on dining and entertainment, 2% at grocery stores and 1% on all other purchases. Plus, earn 8% cash back on tickets at Vivid Seats through May 2020.
  • No rotating categories or sign-ups needed to earn cash rewards; plus cash back won't expire for the life of the account and there's no limit to how much you can earn
  • No foreign transaction fees
  • Capital One cardholders get access to premium experiences in dining, entertainment and more
  • $0 intro annual fee for the first year, $95 after that

More Info

Editorial Note: We're the Million Mile Secrets team. And we're proud of our content, opinions and analysis, and of our reader's comments. These haven’t been reviewed, approved or endorsed by any of the airlines, hotels, or credit card issuers which we often write about. And that’s just how we like it! :)

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry that something went wrong, repeat again!

6comments

by Newest
by Best by Newest by Oldest

Nah, Barclays Uber Visa would be the best dining card for a family since it has other perks and it has NO FEE.
But Barclay doesn’t pay for referrals. I suppose that’s why you’re not pushing that card

I product changed to the Savor last year (from another Cap1 card I was no longer using). When they came out with the new fee card and upped the benefits they automatically changed my NF card to this one and are waiving all future fees.

This is a good card for earning solid cash back. I will be keeping for a long time so missing out on the $500 bonus will be recouped in 6 years with no AF charged.

This is the card that I really want, yet I was declined (second time I was declined for a Capital One card). The letter said I had too many revolving credits, not enough income (which is over $100k) and no balances on one report (not true). None of which have been a problem with any other credit card companies. I’ve called the reconsideration line, but they don’t really let you “plead your case”, they just say they will review it again and will send a card if approved. Confused and frustrated, but hoping for the best.

Author

Hi Julie – That sounds really frustrating. Capital One seems to be real hit or miss recently – I hope you’re able to get approved – please let us know.

You May Also Like

5 best Southwest credit cards
5 best Southwest credit cards
5 best hotels in Italy with Marriott points
5 best hotels in Italy with Marriott points