Capital One Savor Student Application: Requirements & Approval Tips
The Capital One Savor Student from Capital One is one of the most competitive credit cards in the student credit cards category. With a rating of 7/10, it offers no annual fee and impressive rewards including 3% dining/entertainment, 1% else.
In this comprehensive review, we break down everything you need to know about the Capital One Savor Student: 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 Student Overview
The Capital One Savor Student is issued by Capital One and is designed for consumers with Limited/No Credit. 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, 1% else |
| Welcome Bonus | N/A |
| Credit Score | Limited/No Credit |
| Foreign Tx Fee | 0% |
Rewards & Benefits Breakdown
The Capital One Savor Student earns 3% dining/entertainment, 1% else. Here is the detailed breakdown of earning rates:
| Category | Reward Rate |
|---|---|
| All Purchases | 3% dining/entertainment, 1% else |
| Welcome Bonus | N/A |
| Intro APR | 0% for 15 months |
| Credit Score | Limited/No Credit |
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 Student vs Competitors
See how Capital One Savor Student stacks up against similar cards.
| Card | Fee | Rewards | Bonus | Rating |
|---|---|---|---|---|
| Bank of America Customized Cash Student | $0 | 3% category choice, 2% grocery, 1% else | $100 after $500 in first 90 days | 7/10 |
| Discover it Student Cash Back | $0 | 5% rotating categories up to $1,500/quarter | $20 statement credit each year GPA >3.0 | 8/10 |
| Capital One Quicksilver Student | $0 | 1.5% unlimited | N/A | 7/10 |
| Chase Freedom Student | $0 | 1% unlimited | $50 after first purchase, $20/year go... | 7/10 |
Pros & Cons
✅ Pros
- Competitive rewards rate: 3% dining/entertainment, 1% else
- Welcome bonus: N/A
- No annual fee
- No foreign transaction fees
- Generous intro APR: 0% for 15 months
❌ Cons
- Higher than average APR
The Capital One Savor Student is best for consumers who want a simple, no-fee card with solid rewards. If you have Limited/No Credit credit and spend $1266/month on average, this card could earn you significant value.
How to Apply for Capital One Savor Student
Applying for the Capital One Savor Student is straightforward. Here is the step-by-step process:
- 1
Check Your Credit Score
Before applying, check your credit score. You need Limited/No Credit for the best approval odds.
- 2
Compare Your Options
Compare the Capital One Savor Student 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 Limited/No Credit credit to be approved for the Capital One Savor Student. 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.
The purchase APR is 19.24% - 29.24% Variable. There is an introductory APR of 0% for 15 months.
No, the Capital One Savor Student 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 Student is a solid choice in the student credit cards category. With no annual fee and competitive rewards, it offers good value for the right consumer.
We recommend this card for anyone with Limited/No Credit 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 Student earns 3% dining/entertainment, 1% else. With a rating of 7/10, it is one of the better options in the student credit cards space. Recommended for consumers with Limited/No Credit credit.