Capitalone Savorone Student Credit Card: Is It Right for You

The Capital One SavorOne Student Credit Card is a great option for students who want to build credit and earn rewards on their purchases. It offers 3% cash back on dining, 2% cash back at grocery stores, and 1% cash back on all other purchases.

One of the biggest benefits of this card is its ability to help students establish a credit history. By using the card responsibly, students can build a positive credit score, which can be beneficial for future loan applications and even apartments.

The card also has a $0 annual fee, making it a great option for students on a budget. Additionally, it offers a $0 foreign transaction fee, which is perfect for students who travel abroad.

To be eligible for this card, students must be at least 18 years old and have a Social Security number.

Readers also liked: Discover Student Card Foreign Transaction Fee

The Capital One SavorOne Student card offers a range of benefits and features that make it an attractive option for college students. To be eligible, you must be a currently enrolled student with verifiable enrollment, and the card is available to people with no credit history.

The card offers 3% cash back on dining, entertainment, popular streaming services, and at grocery stores (excluding superstores like Walmart and Target), making it a great option for students who spend a lot on food and going out.

You can also earn unlimited 5% cash back on hotels and rental cars booked through the Capital One Travel portal, and up to $500 a year by referring friends and family when they're approved for a Capital One credit card.

Here are some key benefits and features of the Capital One SavorOne Student card:

The Quicksilver Student card offers a range of benefits that make it a great choice for students.

The card is available to people with no credit history, making it a great first step on your path to building credit. You'll need to be a currently enrolled student to be approved, but this is a relatively low bar to clear.

The Quicksilver Student card has a flat-rate cashback system, earning 1.5% cash back on every purchase. This is a straightforward and easy-to-understand rewards structure that doesn't require you to keep track of specific spending categories.

You can also earn 5% cash back on certain Capital One Travel purchases, which can be a great way to earn rewards on travel-related expenses.

The card has no annual fee, foreign transaction fees, or hidden fees, making it a low-maintenance option. This is a big plus, especially for students who may not have a lot of extra money to spend on credit card fees.

One of the key benefits of the Quicksilver Student card is its ease of use. Rewards do not expire for the life of the account, and you can redeem them for cash, use them directly against your balance, or redeem them for travel using the Capital One Travel portal.

Here are some of the key benefits of the Quicksilver Student card:

No foreign transaction fees are a huge perk for students who travel abroad or make purchases online from foreign merchants. This means you won't be charged extra fees on your purchases.

The Capital One Savor Student Cash Rewards Credit Card has no foreign transaction fees, making it a great option for students who study abroad or take spring break trips.

If this caught your attention, see: Does Capital One Credit Card Have Foreign Transaction Fees

The Capital One SavorOne Student card offers a range of rewards and earning opportunities that make it a great choice for students. You can earn unlimited 3% cash back on dining, groceries (excluding superstores like Walmart and Target), entertainment, and popular streaming services.

This is a great deal for students who spend a lot of money on these categories, which often include restaurants, event tickets, and streaming services. For example, I can imagine that many students would earn 3% back on the majority of their day-to-day spending.

Rewards don't expire for the life of the account, and you can redeem them for cash, use them directly against your balance, or redeem them for travel using the Capital One Travel portal. This flexibility makes it easy to get the most out of your rewards.

Here's an interesting read: Capitalone Com Redeem Rewards

The Savor Student Cash Rewards Credit Card offers a $50 cash bonus after spending $100 on purchases within three months of account opening. This is a relatively low spending threshold compared to other credit cards.

This bonus offer is a great incentive for students who want to earn rewards without breaking the bank. It's also a more attainable goal than some other credit cards that require $5,000 or more in spending within three months.

The Capital One Savor Student Cash Rewards Credit Card has a bonus offer that's fairly rare to find on a student card. It's not the highest sign-up bonus, but it's a good starting point for students who are new to credit cards.

Earning this bonus is relatively easy, and it's a great way to get started with building credit and earning rewards.

Related reading: Discovery Student Cash Back Card

The Capital One Savor Student Cash Rewards Credit Card offers high rewards rates across popular spending categories, including 3% cash back on dining, entertainment, streaming services, and grocery stores. This is a great perk for students who often spend a lot on these things.

Dining includes everything from fancy restaurants to fast-food drive-throughs, so you can earn 3% cash back on most of your meals. Entertainment covers football games, event tickets, and even playing a round of golf.

Grocery store purchases also earn 3% cash back, which is a significant amount considering most students spend a lot on food. However, it's worth noting that Walmart and Target are not considered grocery stores, so you won't earn 3% cash back on purchases made at those stores.

The card also offers 3% cash back on popular streaming services, including Netflix, Hulu, and Disney+, although some services like Verizon FIOS On Demand and audiobook subscriptions are excluded.

The Capital One SavorOne Student card is a great option for students, but it's essential to understand the comparison and eligibility criteria before applying.

The card is available to students with no credit history, which is a major advantage. Both the SavorOne Student and Quicksilver Student cards are available to people with no credit history, making it a great first step on your path to building credit.

To qualify for the Capital One SavorOne Student card, you must be a student, 18 years or older, have a valid Social Security number or Individual Taxpayer Identification Number, and have proof of a monthly income that is greater than your rent or mortgage payment by at least $425.

Here is a comparison of the SavorOne Student and Quicksilver Student cards:

8% cash back on Capital One Entertainment purchases

5% cash back on hotels and rental cars booked through Capital One Travel

3% cash back on dining, entertainment, popular streaming services and at grocery stores

1% cash back on all other purchases10% cash back on Uber and Uber Eats purchases (through Nov. 14, 2024)

5% cash back on hotels and rental cars booked through Capital One Travel

1.5% on all other purchases

By understanding the comparison and eligibility criteria, you can make an informed decision about whether the Capital One SavorOne Student card is right for you.

Related reading: Traveling Credit Cards for Students

If you're a student looking for a credit card, you've likely come across the Capital One SavorOne Student card and Quicksilver Student card. Both cards are great options, but they have some key differences.

The SavorOne Student card offers elevated spending bonuses in categories like dining, entertainment, and groceries, earning you 3% cash back in these areas and 1% on everything else. On the other hand, the Quicksilver Student card offers a flat rate of 1.5% cash back on all purchases, with a few exceptions.

To determine which card is better for you, you should look at your spending from previous years and calculate how much cash back you'd earn with each card. If you tend to spend a lot of money on dining, entertainment, and groceries, you'll probably want to go with the SavorOne Student card.

Here's a side-by-side comparison of the two cards:

Both cards have a $0 annual fee, no foreign transaction fees, and complimentary 6-month Uber One membership (available through Nov. 14, 2024).

The SavorOne Student card and the Quicksilver Student card are identical in every way except for their spending bonuses.

There's no difference in terms of features, benefits, or requirements between these two cards, except for the way they reward spending.

If you're considering one of these cards, you can rest assured that you'll get the same great benefits and perks, just with a different bonus structure.

The Quicksilver Student card has a bonus structure, but we don't know what it is because it's not mentioned in the article section.

For another approach, see: Capitalone Quicksilver Benefits

The Capital One Savor Student Cash Rewards Credit Card has some eligibility requirements that might limit who can qualify. You must be a student, at least 18 years old, and have a valid Social Security number or Individual Taxpayer Identification Number.

To qualify, you'll also need to have proof of a monthly income that's greater than your rent or mortgage payment by at least $425. This might be a challenge for students with low or no income.

See what others are reading: Where Can I Find My Student Loan Account Number

The good news is that Capital One doesn't require a FICO credit history for this card. This makes it a great option for students who are new to credit.

However, if you're still unsure about your eligibility, you might want to consider alternative options. For example, the Discover it Student Cash Back or the Discover it Student Chrome cards both earn rewards and feature bonus offers for new cardholders, and you can apply without a FICO credit history requirement.

Here's a summary of the eligibility requirements for the Capital One Savor Student Cash Rewards Credit Card:

The Capital One SavorOne Student card is a great way to start building a positive credit history, especially for students with little to no credit history.

You can earn cashback rewards with cards like the SavorOne Student card and the Quicksilver Student card, and neither card charges an annual fee or foreign transaction fees.

The SavorOne Student card offers 3% cash back in several categories, including dining, entertainment, and grocery stores, making it a great option for students who frequently spend in these areas.

If you're not interested in tracking spending categories, the flat-rate Quicksilver Student card is a good choice, offering 1.5% cash back on all purchases.

Both cards offer a cash sign-up bonus for new cardmembers who spend a certain amount on their card in a certain period of time after account opening.

Before signing up for either card, make sure to assess all the options available to you, as there are many other student credit cards from other issuers that may be a better fit for your wallet.

The Capital One Savor Student Cash Rewards Credit Card is an excellent all-around card, with bonus categories that match many students' spending habits, and no annual or foreign exchange fees.

To start building credit, it's best to apply for your first card as early as possible, and the Savor Student card is a great option for this.