Capital One Savor Student Cash Rewards
The Capital One Savor Student Cash Rewards earns 3% on dining, entertainment, groceries and streaming and 1% elsewhere, with no annual fee, for students building credit, with no annual fee, plus $50 for new cardholders. Its regular APR is 18.49%–28.49% variable. Rates and terms come from NerdWallet, our verified data partner with direct issuer relationships.
Is the Capital One Savor Student Cash Rewards worth it?
The Capital One Savor Student Cash Rewards earns 3% on dining, entertainment, groceries and streaming and 1% elsewhere, with no annual fee, for students building credit. We source these rewards and terms from NerdWallet, our verified data partner with direct issuer relationships. These figures carry our ◆ Partner data label — we did not pull them from the issuer ourselves.
The card has no annual fee, plus $50 for new cardholders. Its regular APR is 18.49%–28.49% variable.
The honest caveats: rewards, fees, and APR are partner-supplied and can change, and any regular APR is variable. A card like this only pays off if you pay the balance in full and the rewards or terms fit your situation. Confirm current details on the issuer’s own site. This is not financial advice.
How does a rewards credit card work?
A rewards credit card earns a percentage back on what you spend, which the issuer credits as cash back, points, or miles. You pay no interest if you clear the statement balance each month; carry a balance and the variable APR applies. The card reports your payment history to the credit bureaus.
What does the Capital One Savor Student Cash Rewards cost if you carry a balance?
Carrying a $1,000 balance at the 18.49% minimum APR costs roughly $185 a year in interest. That is why a rewards card only pays off if you clear the statement balance every month — interest at this rate quickly outruns any rewards.
Illustrative estimate based on the figures on this page, not an offer. Your results will differ.
What are the pros and cons of the Capital One Savor Student Cash Rewards?
The Capital One Savor Student Cash Rewards stands out for earns 3% on dining, entertainment, groceries and streaming and 1% elsewhere, with no annual fee, for students building credit, though rates and terms are partner-supplied — not fetched from the issuer ourselves.
- Earns 3% on dining, entertainment, groceries and streaming and 1% elsewhere, with no annual fee, for students building credit
- No annual fee
- Terms supplied by our verified data partner
- Rates and terms are partner-supplied — not fetched from the issuer ourselves
- Regular APR is 18.49%–28.49% variable
- Rewards or perks pay off only if they fit how you actually spend
Who should get the Capital One Savor Student Cash Rewards?
The Capital One Savor Student Cash Rewards is best for people shopping for a student card.
- People shopping for a student card
- Anyone comparing options from major issuers
- Cardholders who value a sign-up bonus
How does the Capital One Savor Student Cash Rewards compare?
Among the 6 student credit cards we track, the Capital One Savor Student Cash Rewards ranks #2 with a money8020 score of 94/100.
| Product | Score | Tier | Provider |
|---|---|---|---|
| Discover it® Student Cash Back | 96 | Essential | Discover |
| Capital One Savor Student Cash Rewards | 94 | Essential | Capital One |
| Capital One Quicksilver Student Cash Rewards | 85 | Strong | Capital One |
| Discover it® Student Chrome | 85 | Strong | Discover |
| Bank of America® Travel Rewards for Students | 82 | Strong | Bank of America |
See all student credit cards, ranked →
Common mistakes to avoid with a rewards credit card
- Carrying a balance — interest at the regular APR quickly erases any rewards.
- Chasing a sign-up bonus with spending you cannot pay off in full.
- Missing the intro-APR deadline and getting hit with the full variable rate.
- Overlooking an annual fee that outweighs the rewards for your spending.
Key takeaways
- Capital One Savor Student Cash Rewards earns a money8020 score of 94/100, ranking #2 of 6 student credit cards.
- Earns 3% on dining, entertainment, groceries and streaming and 1% elsewhere, with no annual fee, for students building credit
- Carrying a $1,000 balance at the 18.49% minimum APR costs roughly $185 a year in interest.
- Best for people shopping for a student card.
- Rate and terms sourced from our verified data partner, NerdWallet.
Frequently asked questions about the Capital One Savor Student Cash Rewards
Does the Capital One Savor Student Cash Rewards have an annual fee?
Per NerdWallet, our data partner, the card has no annual fee. Its regular APR is 18.49%–28.49% variable (as of 05/30/2026). Terms can change — confirm current details on the issuer's site. This is not financial advice.
What stands out about the Capital One Savor Student Cash Rewards?
Per NerdWallet, it earns 3% on dining, entertainment, groceries and streaming and 1% elsewhere, with no annual fee, for students building credit. Confirm current terms with the issuer before applying.
Will applying for the Capital One Savor Student Cash Rewards hurt my credit score?
Applying triggers a hard inquiry, which can dip your score a few points temporarily. Used responsibly — paying on time and keeping balances low — the card builds your credit over time.
Do the rewards on the Capital One Savor Student Cash Rewards expire?
On most cards, rewards do not expire while the account is open and in good standing, though terms vary. Redeem regularly and check the issuer's rewards policy.
Sources
We sourced these figures from our verified data partner and independently confirmed the provider’s regulator status, last checked May 30, 2026. Primary sources: