Capital One Savor (BT) Product Change: Upgrade & Downgrade Guide
The Capital One Savor (BT) from Capital One is one of the most competitive credit cards in the balance transfer cards category. With a rating of 7/10, it offers no annual fee and impressive rewards including 3% dining/entertainment.
In this comprehensive review, we break down everything you need to know about the Capital One Savor (BT): rewards structure, fees, APR, welcome bonus, and how it compares to competitors. Whether you are looking for your first rewards card or adding to your wallet, this guide covers it all.
Capital One Savor (BT) Overview
The Capital One Savor (BT) is issued by Capital One and is designed for consumers with Good-Excellent (690+). It carries a rating of 7/10 from our experts. For those with good to excellent credit, this card can be a valuable addition to your wallet.
| Feature | Details |
|---|---|
| Issuer | Capital One |
| Annual Fee | $0 |
| Intro APR | 0% for 15 months |
| Regular APR | 19.24% - 29.24% Variable |
| Rewards | 3% dining/entertainment |
| Welcome Bonus | $200 after $500 in first 3 months |
| Credit Score | Good-Excellent (690+) |
| Foreign Tx Fee | 0% |
Rewards & Benefits Breakdown
The Capital One Savor (BT) earns 3% dining/entertainment. Here is the detailed breakdown of earning rates:
| Category | Reward Rate |
|---|---|
| All Purchases | 3% dining/entertainment |
| Welcome Bonus | $200 after $500 in first 3 months |
| Intro APR | 0% for 15 months |
| Credit Score | Good-Excellent (690+) |
Since this card has no annual fee, you can keep it forever without cost. Use it for travel to maximize value.
Fees & APR Analysis
| Fee Type | Amount |
|---|---|
| Annual Fee | $0 |
| Purchase APR | 19.24% - 29.24% Variable |
| Balance Transfer APR | 0% for 15 months then 19.24% - 29.24% Variable |
| Foreign Transaction Fee | 0% |
Capital One Savor (BT) vs Competitors
See how Capital One Savor (BT) stacks up against similar cards.
| Card | Fee | Rewards | Bonus | Rating |
|---|---|---|---|---|
| Citi Simplicity | $0 | None | No late fees, no penalty APR | 8/10 |
| Wells Fargo Reflect | $0 | None | 0% intro APR extended 3 months with o... | 8/10 |
| US Bank Visa Platinum | $0 | None | N/A | 7/10 |
Pros & Cons
✅ Pros
- Competitive rewards rate: 3% dining/entertainment
- Welcome bonus: $200 after $500 in first 3 months
- No annual fee
- No foreign transaction fees
- Generous intro APR: 0% for 15 months
❌ Cons
- Higher than average APR
The Capital One Savor (BT) is best for consumers who want a simple, no-fee card with solid rewards. If you have Good-Excellent (690+) credit and spend $2303/month on average, this card could earn you significant value.
How to Apply for Capital One Savor (BT)
Applying for the Capital One Savor (BT) is straightforward. Here is the step-by-step process:
- 1
Check Your Credit Score
Before applying, check your credit score. You need Good-Excellent (690+) for the best approval odds.
- 2
Compare Your Options
Compare the Capital One Savor (BT) with similar cards from other issuers to ensure it is the right fit.
- 3
Gather Required Information
You will need your Social Security number, income information, and address to apply.
- 4
Complete the Online Application
Visit Capital One.com or the Capital One mobile app. The application takes about 5-10 minutes.
- 5
Await Approval Decision
Most applicants receive an instant decision. If approved, your card will arrive in 7-10 business days.
Frequently Asked Questions
You need Good-Excellent (690+) credit to be approved for the Capital One Savor (BT). Approval is not guaranteed and depends on your overall credit profile.
Yes, with no annual fee, this card is worth keeping in your wallet indefinitely. Plus, the welcome bonus alone covers the first year's value.
The purchase APR is 19.24% - 29.24% Variable. There is an introductory APR of 0% for 15 months.
No, the Capital One Savor (BT) does not charge foreign transaction fees, making it great for international travel.
Rewards can be redeemed through your Capital One online account. Options typically include statement credits, gift cards, travel bookings, and direct deposits.
Conclusion
The Capital One Savor (BT) is a solid choice in the balance transfer cards category. With no annual fee and competitive rewards, it offers good value for the right consumer.
We recommend this card for anyone with Good-Excellent (690+) credit looking for cash back on their everyday spending. Compare it with other cards in our list to find the best fit for your wallet.
The Capital One Savor (BT) earns 3% dining/entertainment. With a rating of 7/10, it is one of the better options in the balance transfer cards space. Recommended for consumers with Good-Excellent (690+) credit.