Do you dine out? Do you grocery shop? I hope you said yes to both of those! If so, you may want to check out the Capital One Savor and Savor One credit cards. They both offer 2% cash back on all grocery purchases (no cap) and 1% cash back on everything else (no cap). But here’s the real benefit:
The Savor Card ($95 annual fee)
4% cash back on dining and entertainment (no cap)
Current sign-up bonus: $300 cash bonus when you spend $3,000 within the first 3 months
The Savor One Card (no annual fee)
3% cash back on dining and entertainment (no cap)
Current sign-up bonus: $200 cash bonus when you spend $500 within the first 3 months
This means that if you spend $9,500 on dining and entertainment in a year (that’s less than $800 per month), it’s worth the annual fee of the Savor to get the extra 1% cash back. You can compare the two cards more in depth on the Capital One website here.
We have had our Savor card for 3 years now and have made an average of $300 cash back each year, just by buying the items we would anyway. If you’d like to give either card a try, sign up through our link here.