The Capital One Savor One Card is a fairly new offering by Capital One. This credit card caters to those who want a card that offers unlimited rewards (such as they say) for spending money on your credit account. This card also comes with recently improved unlimited rewards, meaning there's no limit on how much money you can earn on your card by making purchases.
Of course, what makes this credit card so special is its unique reward program. It features four different levels of rewards: Gold, Platinum, Silver, and Bronze. Each level earns different amounts of reward points based on how much you spend. Some of the points that you earn are redeemable for free products and other discounts, some are used to pay off balance payments, and some are applied to your next purchase.
The main reason why the Savor One Card earns rewards so well is because it does not require any monthly fees or annual fees for balance transfers. You may be able to get a lower interest rate on purchases if you make several balance transfers from one card to another, but the Savor One Card requires no such transfers. You're actually able to earn more rewards for your money spent by having an unlimited spending cap.
One other perk of these credit cards is that they have a low credit limit. There is only a $500 limit with each card. If you exceed that limit, the account will automatically be closed, however, they do offer a grace period before you will lose your balance completely if you run up your limit. This feature means that you won't be stuck with a debt card forever.
These cards are not available nationwide, but you should be able to find them in most major cities. If you're looking for something to give a gift as a gift, I would consider the Savor One Card. It's relatively inexpensive and provides a lot of benefits for your money.
If you're looking to improve your spending habits, then this card could help. You can still enjoy all of the benefits of owning a regular credit card while increasing your savings.
Another advantage of these credit cards is their ability to offer you a cash back reward. They have the best rate for credit cards on cash back on purchases, so this means you can actually earn even more money back for using your card. Cash back on purchases include gas stations, restaurants, movie theatres, movie tickets, airline tickets, department stores, and department store items.
Capital One offers one of the most reliable service plans in the country, which makes it easy to stay in line with your finances. They even give you the opportunity to save money when you enroll in their “Save More With Capital One” rewards program.
This card has helped me become a much more disciplined consumer, especially when it comes to managing my finances. I've saved thousands of dollars since I got this card, and I'm sure it can do the same for you!