Capital One Savor Student Rewards review

Savor Student is the Capital One card built around what students actually buy. It pays unlimited 3% cash back at grocery stores, on dining, entertainment and popular streaming services, and 1% on all other purchases, with no cap on the 3% categories. New cardholders get a one-time $50 cash bonus after spending $100 within 3 months. There is no annual fee and no foreign transaction fee, and no credit score is required to apply. Capital One counts anyone enrolled, or admitted and planning to enroll within three months, at an accredited university, community college or other higher education institution as a student. Rewards do not expire while the account is open and can be redeemed in any amount for statement credits, gift cards or travel. The limits: Walmart and Target purchases do not earn the grocery rate, there is no intro APR on purchases, and the variable purchase rate runs 18.74% to 28.74%. The card keeps the same rewards after you graduate.

Who it is for

students who spend most on food, groceries and streaming

Price

$0 annual fee; no foreign transaction fees.

$0 annual fee Plus, there are no hidden or foreign transaction fees.
Quoted from the vendor pricing page on November 12, 2026.

Key features

• Unlimited 3% cash back at grocery stores, on dining, entertainment and popular streaming services, 1% on everything else
• One-time $50 cash bonus after $100 in purchases within 3 months of account opening
• No credit score required to apply, and no foreign transaction fees
• 8% cash back on Capital One Entertainment purchases and 5% on hotels, vacation rentals and rental cars booked through Capital One Travel
• Free FICO Score 8 tracking through CreditWise from Capital One

Strengths and weaknesses

• Strength: 3% categories have no cap and rewards do not expire for the life of the account
• Strength: No foreign transaction fees for study abroad or travel
• Strength: The card stays open with the same rewards after graduation
• Weakness: Superstores such as Walmart and Target do not count as grocery stores
• Weakness: No intro APR offer on the student page, and the purchase rate is 18.74% to 28.74% variable
• Weakness: Only 1% on rent, books and other purchases outside the bonus categories

Key facts

• Annual fee: $0
• Rewards: 3% grocery, dining, entertainment, streaming; 1% other
• Welcome bonus: $50 after $100 in 3 months
• Purchase APR: 18.74% to 28.74% variable
• Foreign transaction fee: None

Where it ranks

Capital One Savor Student Rewards is No. 1 in our Best Credit Cards For Students verdict.