Capital One Walmart Rewards® vs Capital One Savor Rewards card: Which is the best?
Capital One Walmart Rewards® or Capital One Savor Rewards? Learn more about the differences between the two cards and find out which one is the best to help you earn rewards and save money!
by Thais Daou
Capital One Walmart Rewards® or Capital One Savor Rewards: card comparison
Capital One Walmart Rewards® or Capital One Savor Rewards? The Capital One Walmart Rewards® card is a cashback credit card that earns you 3% cashback on purchases at Walmart, 2% on dining and groceries, and 1% everywhere else.
The Capital One Savor Rewards Card offers 5 points for every dollar spent at restaurants, 4 points for every dollar spent on travel and gas stations, 3 points per dollar for supermarket purchases and wholesale clubs or membership warehouse stores (i.e. Costco), and 2 points per dollar everywhere else. Not to mention that it has no annual fee!
But which one to choose? Well, if you eat out frequently, the latter might be a better option than the former, but, who knows, it may be worth it for you to stick with the Walmart Rewards® card. Shall we compare both Capital One credit cards?
The Capital One Walmart Rewards® credit card is perfect when you like shopping and need some cash back after that. Check out how to apply!
|Capital One Walmart Rewards®||Capital One Savor Rewards|
|Sign-up bonus||5% cashback reward during the first year at Walmart through the Walmart Pay||$300 after spending $3,000 during the first three months|
|Rewards||From 1% to 5% cashback on purchases at Walmart, restaurants, and on travel||From 1% to 4% cashback rewards on dining, eligible grocery stores, entertainment, and popular streaming services|
|Other perks||Zero fraud liability|
Card lock feature in case of theft
Security alerts and notifications
The Capital One mobile app
|Paribus instantaneous money saving|
Capital One Shopping
24/7 concierge service
Extended warranty protection
Travel accident insurance
24/7 travel assistance services
Exclusive tickets for entertainment and sporting events
|APR||From 17.99% to 26.99% regular APR||From 15.99% to 23.99% regular APR|
Capital One Walmart Rewards® card
The Capital One that we will be looking at right now is the one related to a big retail store, the Walmart Rewards® credit card. If you are looking for a card with good retail perks, this one is a good choice. It provides the convenience and flexibility that Mastercard global acceptance provides.
If you are a fan of the Walmart stores, try and imagine you becoming a member of this retail chain today. How was it? Nice, uh? Now, consider the possibility of earning 5% cashback on purchases made at the Walmart stores while using their app to pay for your shopping. With this credit card, you can download the Walmart mobile app and link it to your card.
Moreover, you will be able to exchange your membership reward points for cash, travel, or other benefits and perks.
Finally, you will have no need to be worried because your credit card points will not expire, as long as your bank account is open. But do not forget that they are only valid for that retailer’s loyalty program! And, just to anticipate some of its greatest benefits, know that you will also be charged a zero annual fee or foreign transaction fee.
Capital One Savor Rewards card
When it comes to the Capital One Savor Rewards credit card, it is an excellent way to earn cashback rewards on everyday purchases. Do you, for example, like to watch Netflix or eat out? If you do, we are pleased to inform you that you can earn 4% cashback when watching Netflix or going out to dinner.
It also comes with a warranty extension, travel insurance, fraud protection, and security alerts. And an app that lets you manage your account from wherever you are, at any time. It also charges no foreign transaction fees, as previously stated. As a result, you can confidently travel and shop abroad.
Furthermore, if you want to hear about perks, here is one that will make you feel like a celebrity: concierge services at your disposal! That’s right: as a Capital One Savor Rewards cardmember, you will be entitled to personalized assistance in travel, dining, and entertainment 24 hours a day, seven days a week.
Benefits of Capital One Walmart Rewards®
As you can see above, the Capital One Walmart Rewards® credit card is a very useful option, particularly for those who frequently shop at Walmart, because earning rewards from them will make your daily routine easier.
In terms of benefits, you can earn between 1% and 5% cashback on your purchases. But, despite the fact that this credit card is flexible in terms of reward redemption, terms apply depending on where you want to shop.
In addition, if you apply as a new cardmember, you will be eligible for a welcome gift as soon as your application is approved.
However, despite the fact that there are no annual or foreign transaction fees, the card does not offer an introductory APR, and the regular APR is slightly higher than average. However, this will not prevent you from using your points to travel with confidence.
Benefits of Capital One Savor Rewards
If you’re looking for a credit card that offers cashback, the Capital One Savor Rewards may be the card for you. The first benefit you’ll receive is when you sign up: $300 after spending $3,000 in the first three months.
Following the creation of your account, you will receive: 4% cashback on dining, entertainment, and popular streaming services; 3% cashback at eligible grocery stores; and 1% cashback on all other purchases.
Additionally, there is no foreign transaction fee; an extended warranty on eligible items; travel accident insurance and assistance services; a 24-hour concierge service; Capital One mobile app access; premier culinary experiences; sports event discounts and VIP access and packages; protection against fraud and theft through card locking, security alerts, and reports.
Disadvantages of Capital One Walmart Rewards® card
Now, let us talk about the disadvantages of each one of the credit cards because, in order to make the decision that is best for you, you need to understand exactly what you will be agreeing with.
The disadvantages of this credit card are few, in terms of cost-benefit, and compared to the other Capital One card, and are mainly related to its rewards offers. But its variable APRs are pretty high as well.
So, if you end up choosing this card, know that you will be missing out on better rewards offers, and will spend a lot on APR, mainly because there is no introductory APR.
Disadvantages of Capital One Savor Rewards card
On the other hand, talking now about Capital One Savor Rewards, we can start to list its disadvantages by mentioning that, unlike Walmart Rewards®, this card has an annual fee. However, it is not that high and can go well with your financial planning. But its variable APR rates are also high compared to other cards.
Finally, it does not offer an introductory APR, while other cards do.
Capital One Walmart Rewards® or Capital One Savor Rewards card: which you should choose?
If you have become interested in one of these Capital One cards, or even in both, you may be wondering which one to choose.
It is also important that you know that you do not have to decide right now. Furthermore, both of the cards we have just compared above require the applicant to have a good or great credit profile.
If this is not the case for you, do not worry. Because there are credit card options with rewards that accept a poor or limited credit score, such as the Bank of America® Customized Cash Rewards Secured credit card, which, by the way, also has no annual fee.
Keep reading our articles and get closer to finding the right credit card for you!
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