Capital One SavorOne Student Cash Rewards Credit Card Review: Maximizing Student Rewards

Unbeatable 3% student cash back, with $0 fees & credit building.

Capital One SavorOne Student Cash Rewards Credit Card Review: Maximizing Student Rewards


  • Cash Back: Unlimited 3% cash back on dining, entertainment, popular streaming services, grocery stores (excluding big-box retailers like Walmart and Target), plus 1% on all other purchases.
  • Early Spend Bonus: A $50 bonus after spending $100 within the first three months, an attainable goal for many students.
  • Uber & Uber Eats Benefits: Enjoy 10% cash back on these services and complimentary Uber One membership statement credits through 11/14/2024, catering to the student lifestyle.
  • APR: A variable APR of 19.99%-29.99%, the standard for student cards, emphasizing the importance of responsible spending.


  • No Fees: $0 annual fee and no foreign transaction fees, making it a cost-effective choice for students studying abroad.
  • Fraud Protection: Offers $0 Fraud Liability, ensuring you're not held responsible for unauthorized charges.
  • Travel Rewards: Earn 5% cash back on hotels and rental cars booked through Capital One Travel, extending value beyond everyday spending.
  • Credit Building: Reports to the three major credit bureaus, supporting a positive credit history with responsible use.
  • Referral Bonus: Opportunity to earn up to $500 annually through referrals, encouraging community and financial literacy among peers.


  • Eligibility Restrictions: Not accessible to all students, especially international ones without a Social Security or Taxpayer ID.
  • Credit History Required: Some credit history is needed, making it less attainable for students with no credit.
  • High APR Range: The 19.99%-29.99% Variable APR can be costly if you carry a balance.

Product Summary

The Capital One SavorOne Student Cash Rewards Credit Card emerges as a standout option for students seeking to maximize their spending rewards. It offers a comprehensive financial tool with no annual fee, expansive cash-back categories, and a series of perks tailored to student life. From earning rewards on nearly every aspect of college life to providing a seamless transition into post-grad financial management, this card facilitates immediate spending benefits. It lays the groundwork for responsible credit use. Its blend of rewards, protections, and growth opportunities positions it as more than just a student credit card—it's a lifelong financial companion that grows with you from the classroom to beyond.

Read more