Capital One Cuts Savor Credit Card’s Sign-Up Bonus

Capital One Cuts Savor Credit Card’s Sign-Up Bonus

May 21, 2019         Written By Bill Hardekopf

The is one of the best rewards cards on the market. But it lost a bit of its appeal today when the company cut its early spend bonus by 40%.

New cardholders who spend at least $3,000 in the first three months now receive a bonus of $300. Previously, that bonus was $500.

The still has tremendous appeal to those consumers who have good credit, which is considered a score between 700 and 749. In addition to the early spend bonus, the ongoing rewards can really add up: card members earn unlimited 4% cash back on dining and entertainment, 2% on purchases at grocery stores, and 1% on all other purchases. Plus, consumers earn 8% cash back on tickets at Vivid Seats through May 2020.

The card has an interest rate that ranges from 15.99% - 24.99% (Variable), depending on the cardholder’s credit. There are no foreign transaction fees, and the $95 annual fee is waived in the first year.

The information contained within this article was accurate as of May 21, 2019. For up-to-date information on any of the terms, cards or offers mentioned above, visit the issuer's website. Many of the offers on this article are from our affiliate partners, and may be compensated if you take action with any of our affiliate partners.


About Bill Hardekopf

Bill Hardekopf is the CEO of and covers the credit card industry from all perspectives. Bill has been involved with personal finance for over 15 years. He is a frequent contributor to Forbes, The Street and The Christian Science Monitor.
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