Capital One Savor vs Citi Double Cash

Capital One Savor vs Citi Double Cash

January 17, 2018         Written By Bill Hardekopf

LowCards is a Citi partner. These offers, valid when the article was written, may have expired. View our full editorial disclaimer here.

One of the many benefits of paying for goods and services with a credit card is reaping the cash rewards. Two credit cards that offer unlimited cash rewards to those with excellent credit are the and the . While the Citi® Double Cash Card – 18 month BT offer offers consistent rewards on all purchases, the Capital One® Savor® Cash Rewards Credit Card gives enhanced rewards on food and restaurant purchases.

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The works in a unique way. Cardholders initially earn 1% cash back on all purchases. Then, they earn an additional 1% on the purchase when they pay it off—whether they do this immediately at the end of the billing cycle or over time. Rewards can be redeemed in the form of a check, statement credit, or gift card. Citi charges no annual fee on the Citi® Double Cash Card – 18 month BT offer.

In addition to these purchase rewards, Citi is offering new cardholders a 0% introductory APR on balance transfers for the first 18 months, but members must transfer the balance within the first four months of opening their account. After the introductory 18 months, the interest rate increases to 15.49% - 25.49% (Variable), depending on the cardholder’s credit. Know that balance transfers do not earn cash back. Additionally, there is a balance transfer fee of $5 or 3% of the amount transferred, whichever is greater.

In addition to balance transfers, cardholders do not earn rewards on cash advances, account fees, interest, or returned items.

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The  is marketed to foodies—people who love dining out or creating meals at home. Cardholders earn 1% cash back on all purchases, but the rewards are particularly good on dining out and entertainment (4% cash back) and grocery store purchases (2% cash back). There is one thing to keep in mind. Before you apply for the Capital One® Savor® Cash Rewards Credit Card, you will want to make sure your favorite store is properly coded as a grocery provider, as some warehouse clubs are not. You can check this out on Visa’s website.

New Capital One® Savor® Cash Rewards Credit Card cardholders receive a significant $300 cash bonus when they spend $3,000 within the first three months of being a card member. But the card does have a $95 annual fee, which is waived during the first year.

In addition to cash back rewards, the Capital One® Savor® Cash Rewards Credit Card offers a number of other benefits, including no foreign transaction fees, 24-hour travel assistance, extended warranties, price protection, and auto rental collision damage waivers.

Which is right for me? 

There are significant differences between these two cards.

One huge difference between the cards is Capital One® Savor® Cash Rewards Credit Card early spend bonus—new cardholders get a $300 cash bonus when they spend $3,000 within the first three months. The Citi® Double Cash Card – 18 month BT offer has no early spend bonus.

The annual fee can be a deciding factor for a number of people. The Citi® Double Cash Card – 18 month BT offer has no annual fee; the Capital One® Savor® Cash Rewards Credit Card has a $95 fee, but it is waived during year one.

Apart from these major differences, the decision will likely come down to the types of purchases you make.

If you are someone who spends a lot of money on eating out or going out, it would be hard to beat the 4% cash back offered by the . However, if you spend don’t eat much away from home, you may be better off with the . Not only will you earn more in cash back rewards, since you are earning 1% cash back on the initial purchase and another 1% when you pay off the bill, you will also pay a slightly lower interest rate, especially if you have excellent credit.



The information contained within this article was accurate as of January 17, 2018. For up-to-date
information on any of the terms, cards or offers mentioned above, visit the issuer's website.


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About Bill Hardekopf

Bill Hardekopf is the CEO of LowCards.com 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.
View all posts by Bill Hardekopf
Top Features : No Annual Fee, Bonus Offer, Cash Back
Top Features : 1.5% cash back on all purchases; $150 bonus after spending $500 in first 3 months
Top Features : Earn cash back twice. 1% when you buy plus 1% as you pay; 0% APR for 18 months on balance transfers
Top Features : 4% cash back on dining & entertainment, 2% at grocery stores; $300 bonus after spending $3000 in first 3 months
Top Features : No annual fee; 3% cash back on dining & entertainment; 2% on groceries; $150 cash bonus after spending $500 in first 3 months
Top Features : 1.5% cash back on every purchase; access to higher credit line after making first 5 monthly payments on time