The Capital One savor one boasts several benefits for frequent diners and entertainment seekers: Cashback rewards: Earn a decent 3% cashback on dining, entertainment, streaming services, and groceries, potentially saving on everyday expenses. No annual fee: Unlike many rewards cards, the SavorOne waives the annual fee for the first year and every year thereafter, making it budget-friendly. Welcome bonus: Earn a $200 statement credit after spending $500 within 3 months of account opening, offering a nice initial boost. Purchase protection: Get coverage for damaged or stolen purchases within 90 days for added peace of mind.