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The Citi® Double Money Card and the Capital One SavorOne Money Rewards Credit score Card* are competing cash-back bank cards. Whereas the Double Money gives a strong return on your whole spending with a common rewards charge, usually it will not maintain as much as the SavorOne’s increased charges on choose purchases, and different advantages.

The Double Money remains to be a very good card to think about in case your spending covers all kinds of buy varieties, contemplating it covers purchases the SavorOne would not. You can even get each playing cards to maximise your rewards, as neither card expenses an annual charge.

Evaluating reward packages

Winner: Tie

The playing cards differ fairly a bit in how they earn rewards. The Double Money card is a flat-rate cash-back card, which means it earns the identical rewards charge it doesn’t matter what you are utilizing it for. The SavorOne earns the next cash-back charge however just for particular purchases. Which means your earnings will primarily rely in your spending habits.

Listed below are how the playing cards earn rewards:

The Double Money earns:

• Earn 2% on each buy, 1% money again if you purchase, the opposite 1% as you pay it off.

The SavorOne earns:

• Earn 10% money again on Uber & Uber Eats purchases (by means of 11/14/2024)
• 8% money again on Capital One Leisure purchases
• 5% money again on accommodations and rental automobiles booked by means of Capital One Journey
• 3% money again on eating, leisure, common streaming providers and at grocery shops (excluding superstores like Walmart® and Goal®)
• 1% on all different purchases

The SavorOne will earn extra rewards in the event you’re utilizing the cardboard for Uber, eating, leisure, streaming, grocery shops and accommodations and rental automobiles booked by means of Capital One Journey. In case you spend extra in these classes than elsewhere, the SavorOne would be the extra rewarding choice. Nevertheless, the Double Money will earn extra for all different purchases. 

For instance, in the event you had been to spend $300 on grocery shops and $200 on motion pictures and eating with the SavorOne, after which $500 in purchases exterior of its bonus classes, you’d earn $20.

In case you spent $1,000 with the Double Money — it doesn’t matter what it was on — you’d additionally earn $20. However in the event you had been to spend much more on groceries or had put cash towards rental automobiles and accommodations (by means of Capital One Journey), you’d rapidly outpace the Double Money’s rewards for a similar quantity of spending.

Your particular spending habits will decide which card is extra rewarding. However as a result of the SavorOne earns the next cash-back charge, it will be simpler to earn extra rewards with — offered you are utilizing it for the suitable purchases.

Contemplating that neither card expenses an annual charge, you can get each playing cards to maximise your rewards. Use the SavorOne the place it earns probably the most and the Double Money for every little thing else.

Welcome bonus

Winner: SavorOne

The Citi Double Money would not supply a welcome bonus, whilst you can earn a $200 money bonus after you spend $500 on purchases inside the first three months from account opening with the SavorOne. The $500 spending requirement is pretty low in comparison with different no-annual-fee playing cards.

Introductory APR supply

Winner: SavorOne

Listed below are each card’s introductory APR gives:

• Double Money: 0% intro for 18 months on Stability Transfers (then 18.49% to 28.49% variable)
• SavorOne: 0% intro APR on purchases and steadiness transfers for 15 months (then 19.24% to 29.24% variable)

Utilizing a steadiness switch with both card would complicate utilizing it for brand spanking new purchases because it may then take longer to pay down a transferred steadiness. 

Contemplating these playing cards are supposed to earn a return on new purchases, the SavorOne’s intro buy APR is extra helpful than the Double Money’s intro steadiness switch APR.

Nevertheless, in the event you did have to make the most of a steadiness switch to mitigate some present bank card debt, the Double Money can be the higher selection. It gives three additional months over the SavorOne’s intro supply, providing you with a bigger window to pay down the steadiness.

Further card perks

Winner: SavorOne

The SavorOne gives extra card perks over the Double Money. Cardholders achieve prolonged guarantee safety**, journey accident insurance coverage** — a comparatively uncommon discover — and Capital One concierge for assist with non-emergency duties. In distinction, the Double Money would not supply many extra card perks.

Card charges

Winner: SavorOne

Neither bank card requires an annual charge, in order that they tie on this regard. Nevertheless, the Double Money card expenses a overseas transaction charge whereas the SavorOne would not. Which means in the event you’re touring abroad, the SavorOne can be higher to make use of.

And whereas the Double Money has a decrease introductory steadiness switch charge (3% of every switch, minimal $5, as long as it is accomplished inside the first 4 months of account opening), it will increase to five% ($5 minimal) for any transfers exterior of that four-month window. The SavorOne has a flat, 3% steadiness switch charge that will not improve.

The underside line

The SavorOne is cheap and rewarding, with no spending cap on rewards and quite a few helpful extra card perks. It would not cost overseas transaction charges and gives glorious reward charges for particular journey purchases by means of Capital One journey, making it an okay choice for a journey card in the event you do not have already got one. Remember, the Double Money should be a sensible choice if it matches your spending higher otherwise you want an extended time to repay present debt.

FAQs

*All details about the Capital One SavorOne Money Rewards Credit score Card has been collected independently by CNET and has not been reviewed by the issuer.

**Phrases, situations, and exclusions apply. Please discuss with your Information to Advantages for extra particulars.

The editorial content material on this web page relies solely on goal, impartial assessments by our writers and isn’t influenced by promoting or partnerships. It has not been offered or commissioned by any third get together. Nevertheless, we could obtain compensation if you click on on hyperlinks to services or products provided by our companions.

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