Capital One Savor vs. Chase Freedom Unlimited: More Rewards Flexibility with the Chase Freedom Unlimited

We want to help you make more informed decisions. Some links on this page — clearly marked — may take you to a partner website and may result in us earning a referral commission. For more information, see How We Make Money.
Good for Entertainment Spending
Editor’s Score: (4.1/5)
Capital One Savor Cash Rewards Credit Card
Learn More externa link icon
Capital One Savor Cash Rewards Credit Card
Editor’s Score: (4.1/5)
Rewards rate:

Earn unlimited 4% cash back on dining, entertainment and popular streaming services. Earn 3% at grocery stores. Earn 1% on all other purchases.

Learn more externa link icon At our partner’s secure site
Our Pick
Good for Rewards Flexibility
Editor’s Score: (4.7/5)
Chase Freedom Unlimited®
Learn More externa link icon
Chase Freedom Unlimited®
Editor’s Score: (4.7/5)
Rewards rate:

Enjoy 5% cash back on travel purchased through Chase Ultimate Rewards®, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more;. 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service. 1.5% on all other purchases.

Apply Now externa link icon At Chase’s secure site
  • Intro offer:
    $300
  • Annual fee:
    $95
  • Regular APR:
    16.24% – 24.24% (Variable)
  • Recommended credit score:
    670-850 (Good to Excellent)
  • Rewards rate:

    Earn unlimited 4% cash back on dining, entertainment and popular streaming services. Earn 3% at grocery stores. Earn 1% on all other purchases.

  • Intro offer:
    Earn an Additional 1.5% Cash Back
  • Annual fee:
    $0
  • Regular APR:
    15.24% to 23.99% Variable
  • Recommended credit score:
    670-850 (Good to Excellent)
  • Rewards rate:

    Enjoy 5% cash back on travel purchased through Chase Ultimate Rewards®, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more;. 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service. 1.5% on all other purchases.

Pros and Cons
Pros and Cons
Pros
  • High rewards rate for broad dining and entertainment categories
  • Cash rewards welcome bonus
  • No foreign transaction fees
Cons
  • $95 annual fee
  • No introductory APR offer and high ongoing APR
Pros and Cons
Pros
  • Flexible, hybrid rewards structure made up of tiered categories and flat cash back
  • No annual fee
  • Valuable first-year bonus
  • Competitive intro APR period can be useful for paying off large purchases over time
Cons
  • Not a great choice for international travelers — you’ll incur a 3% foreign transaction fee
  • Travel bonus rewards only apply to travel booked through Chase
Additional Card Details
Additional Card Details
  • Earn a $300 cash bonus after spending $3,000 within three months of account opening
  • 16.24%-24.24% variable APR
  • Earn 8% cash back on event tickets through Vivid Seats
  • Travel protections
  • No foreign transaction fees
Additional Card Details
  • 0% introductory interest offer on purchases and balance transfers for the first 15 months after account opening, variable 15.24% – 23.99% interest thereafter; intro balance transfer fee of $5 or 3% of the amount of each transfer, whichever is greater in the first 60 days
  • 5% cash back on Lyft rides through March 2025
  • Complimentary 3-month subscription to Doordash’s DashPass, followed by 50% off DashPass for 9 months (activate by 12/31/24)
  • Travel protections
  • Purchase protections
NextAdvisor’s Take

Both the Capital One Savor Rewards Card and the Chase Freedom Unlimited offer cash back rewards, but unless your budget includes heavily spending on dining and entertainment, you may find more value with the Chase Freedom Unlimited because of its flexibility for both everyday essentials and travel.

The Capital One Savor Rewards Credit Card* and Chase Freedom Unlimited® are two popular cash back credit cards among those seeking everyday rewards. Both offer high-value cash back in popular categories and plenty of benefits, but the best choice for you depends on your individual spending and budget. 

The Capital One Savor card offers tiered cash back rewards on dining, entertainment, streaming, and groceries for people whose spending is largely focused on nights out or staying in. Chase Freedom Unlimited, on the other hand, offers a flat rewards rate on every purchase, in addition to a few bonus categories — including travel, dining, and drugstores. There’s also a major annual fee difference: the Savor card charges $95 annually, while the Freedom Unlimited has no annual fee.

Here’s everything else you need to know about these top-tier cash back cards, and how to choose the right one for you: 

Side-by-Side Comparison

Capital One Savor Cash Rewards Chase Freedom Unlimited 
Annual Fee $95$0
Welcome OfferEarn $300 when you spend $3,000 within three months of account opening. Earn an additional 1.5% cash back on all your purchases up to $20,000 spent in the first year, which is worth up to $300. 
Cash Back Rewards• 4% cash back on dining, entertainment, and popular streaming services

• 3% on grocery store purchases

• 1% on all other purchases
• 5% cash back on travel purchased with Chase Ultimate Rewards

• 3% cash back on drugstore purchases and dining — including eligible delivery services and takeout

• 1.5% on all other purchases
Introductory APR Offer N/A0% APR for the first 15 months for new purchases and balance transfers. After that, there’s a variable APR of 15.24% – 23.99%. 
Other Benefits • Emergency travel assistance services

• 8% back on tickets at Vivid Seats
• Can be paired with a Chase Sapphire card for boosted rewards when booking with Chase

• Travel and purchase protections

Welcome Bonus Comparison 

Both cards offer the potential for similar welcome bonus value, but you’ll spend less to earn the full Capital One Savor welcome offer. With this card, you can earn $300 when you spend at least $3,000 within three months of account opening. That’s equal to at least $1,000 in spending each month.

On the other hand, the Chase Freedom Unlimited has a welcome offer that lasts throughout the first year. You’ll earn an additional 1.5% cash back (on top of bonus category rewards) on all your purchases, up to $20,000 spent in the first year — which is worth up to $300. That essentially boosts this card’s flat 1.5% rewards to a flat 3% over the first year. But you’ll maximize it best if you spend at least $20,000 within a year, or about $1,667 per month.

Rewards Comparison 

Both cards offer a mix of bonus rewards categories. You can review your own top spending categories to find which is best fit for you. 

The Capital One Savor offers 4% cash back on dining, entertainment, and popular streaming services. You can also earn 3% on grocery store purchases, and 1% on all other purchases. Eligible entertainment for this card includes movie theaters, zoos, amusement parks, and more. That makes this card’s rewards great for people who spend a lot on groceries and dining, or visiting local attractions. It’s also a good option to have in your wallet when you’re on the road. If you already have a card with rewards for booking travel, the Savor can help you maximize spending when you’re actually on your next trip, like museums, restaurants, and more.

The Chase Freedom Unlimited has even more broadly-ranging categories, though some are a lower rewards rate. It offers 5% cash back on travel purchased with Chase Ultimate Rewards — including flights, hotels, and rental cars — plus 3% on drugstore purchases and dining, including eligible delivery services and takeout. It’s also a flat cash back credit card. Whereas most cards with tiered bonus rewards earn 1% back on everything not in bonus categories, the Freedom Unlimited earns a flat 1.5% on all other purchases. 

Pro Tip

If you choose the Chase Freedom Unlimited, consider pairing it with a Chase Sapphire card. You can combine your rewards using your Sapphire card account and boost your points when booking travel through Chase’s rewards portal.

Introductory APR

The Capital One Savor has a variable APR of 16.24% – 24.24%, depending on your creditworthiness, and no interest-free introductory offer for purchases or balance transfers. 

Chase Freedom Unlimited has a variable APR of 15.24% – 23.99%, and is the only card in this pair with an introductory offer. You’ll get 0% intro APR for the first 15 months on purchases and balance transfers. 

Cardholder Benefits

Both of these cards’ best value is in the cash back rewards you can earn, but they also offer a few additional perks.

The Capital One Savor card has purchase protection and extended warranty options, as well as a few travel protections — including travel accident insurance, 24-hour concierge service, and emergency travel assistance services. Capital One also has a deal with ticket retail site Vivid Seats, through which you can get 8% cash back on purchases.

The Chase Freedom Unlimited offers a few more robust benefits. You’ll get complimentary DashPass by DoorDash membership for three months plus 50% off DashPass for the following nine months (activate by 12/31/24), 5% off on Lyft rides through March 2025, and purchase and travel protections on your spending. 

You can also maximize your Freedom Unlimited rewards by pairing it with the Chase Sapphire Reserve or Chase Sapphire Preferred Card. You’ll be able to combine awards to your Sapphire card account and redeem for travel at a boosted rate using Chase Ultimate Rewards  — a big card benefit if you travel frequently. 

When you convert cash back rewards earned from the Chase Freedom Unlimited, you’ll earn 1 point for every cent. But if you transfer these rewards to your Sapphire card, you’ll earn a value of 1.25 cents with the Sapphire Preferred or 1.5 cents with the Sapphire Reserve when you redeem for travel with Chase. 

Fee Comparison

The biggest drawback of the Capital One Savor card is its $95 annual fee, especially since many of our favorite cash back credit cards charge no annual fee. The cost of this card makes it even more important to make sure the value you’ll get from it outpaces the fee. There’s also a late payment fee of up to $40, and no foreign transaction fees, which means this is a good option for spending abroad. 

The Chase Freedom Unlimited doesn’t have an annual fee, but if you choose to do a balance transfer there’s a 3% fee ($5 minimum) during the introductory period. After that, the fee rises to 5%. The card also comes with a 3% foreign transaction fee, and if you pay late you may incur a $40 late payment fee, and penalty APR of 29.99%.

Learn More externa link icon
Capital One Savor Cash Rewards Credit Card

Capital One Savor Cash Rewards Credit Card

Editor’s Score: (4.1/5)
  • Intro offer:
    $300
  • Annual fee:
    $95
  • Regular APR:
    16.24% – 24.24% (Variable)
  • Recommended credit:
    670-850 (Good to Excellent)
  • Learn more externa link icon At our partner’s secure site
Learn More externa link icon
Chase Freedom Unlimited®

Chase Freedom Unlimited®

Editor’s Score: (4.7/5)
  • Intro offer:
    Earn an Additional 1.5% Cash Back
  • Annual fee:
    $0
  • Regular APR:
    15.24% to 23.99% Variable
  • Recommended credit:
    670-850 (Good to Excellent)
  • Apply Now externa link icon At Chase’s secure site

Deciding Between Capital One Savor and the Chase Freedom Unlimited 

For most people, the Chase Freedom Unlimited is the more flexible option among these two cards — but your spending could set the Capital One Savor apart.

There’s no doubt the Capital One Savor card can help you earn more cash back rewards on food and entertainment — especially if much of your monthly spending goes to dining out, visiting local attractions, and recurring monthly streaming subscriptions. But it’s also a good choice for your next trip. While you won’t earn any rewards on travel expenses like flights and hotels, this card can help you save on the things you’ll do while traveling, like trying local cuisine or visiting museums.

However, the Savor card’s $95 annual fee is drawback compared to other no-annual-fee cash back cards on the market. In fact, using average American spending data, we calculated that the no-annual-fee version of this card — the Capital One SavorOne Cash Rewards Credit Card, which earns 3% on dining, entertainment, popular streaming services, and grocery stores (excluding superstores like Walmart® and Target®) — can be more valuable in the long run for most people. The Capital One Savor Cash Rewards Credit Card’s $300 welcome bonus (after spending $3,000 within the first three months) makes up the differences in the first year, but you’ll get more value with no annual fee over time. If your budget isn’t heavily weighted toward dining and entertainment, the Savor Cash Rewards card may not be the most lucrative option available to you.

For many people, the Chase Freedom Unlimited can be a better pick for everyday purchases — like groceries, dining at restaurants, or drugstore spending. This everyday essentials card also comes with a few travel perks — like travel protections and 5% back on travel booked with Chase. If you travel a few times per year, but you’re not interested in a travel rewards credit card, the Freedom Unlimited can be a great compromise. On the other hand, if you already have a Chase travel card, like the Chase Sapphire Preferred Card, you can combine your rewards and redeem them for travel at a boosted rate.

On top of that, there’s no annual fee to budget for, unlike the Capital One Savor card, and you can save money on interest with the introductory 0% APR. 

Regardless of which card you choose, remember to practice good credit habits by only charging what you can afford and paying your balance in full each month. And compare other great cash back options, too. The card that best aligns with your spending habits can help you make the most of your perks without overspending. 

*All information about the Capital One Savor Cash Rewards Credit Card has been collected independently by NextAdvisor and has not been reviewed by the issuer.