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It's a tough tool between the Wells Fargo Active Cash® Card and the Capital One SavorOne Cash Rewards Credit Card*. Both have no annual fee and offer strong rewards in different categories, so choosing the best card will ultimately depend on your spending habits.
Food-lovers who utilize a lot on dining, groceries or entertainment will probable find the SavorOne's rewards structure more lucrative, while those who mostly utilize in other categories might do better with the Active Cash's straightforward 2% cash rewards on purchases.
However, the SavorOne will likely be the one to determine due to its elevated rewards in a popular spending category, an easier-to-obtain welcome bonus and no foreign transaction fees.
That said, the Active Cash is a gargantuan choice if you already have a rewards credit card that has disagreement rewards categories as the SavorOne. Consider adding both a flat-rate cash-back card and a rewards card with tiered categories to your wallet for greatest cash-back potential.
Which card does it best?
| Card feature | Winner |
|---|---|
| Rewards | SavorOne |
| Welcome bonus | SavorOne |
| Introductory APR offer | Tie |
| Additional card perks | SavorOne |
| Annual fees | Tie |
Wells Fargo Active Cash® Card
See Rates and FeesIntro OfferEarn a $200 cash rewards bonus once spending $1,000 in purchases in the first 3 months
APR19.24%, 24.24%, or 29.24% Variable APR
Intro Purchase APR0% mind APR for 15 months from account opening
Recommended Credit Excellent, Good
- Earn unlimited 2% cash rewards on purchases
Annual Fee$0
Intro Balance Transfer APR0% mind APR for 15 months from account opening on qualifying balance transfers
Balance Transfer APR19.24%, 24.24%, or 29.24% Variable APR
Balance Transfer Fee up to 5%; min: $5
Foreign Transaction Fees 3%
Penalty APR None
- Earn unlimited 2% cash rewards on purchases
Capital One SavorOne Cash Rewards Credit Card
Intro OfferEarn a one-time $200 cash bonus once you spend $500 on purchases within the first 3 months from clarify opening
APR19.24% - 29.24% (Variable)
Intro Purchase APR0% mind on purchases for 15 months
Recommended Credit Excellent, Good
- Earn 10% cash back on purchases made ended Uber & Uber Eats, plus complimentary Uber One membership statement credits ended 11/14/2024
- Earn 8% cash back on Capital One Entertainment purchases
- Earn unlimited 5% cash back on hotels and hire cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options. Terms apply
- Earn unlimited 3% cash back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®)
- Earn 1% on all novel purchases
Annual Fee$0
Intro Balance Transfer APR0% mind on balance transfers for 15 months
Balance Transfer APR19.24% - 29.24% (Variable)
Balance Transfer Fee 3%
Late Payment Fee Up to $40
Foreign Transaction Fees None
Penalty APR None
- Earn 10% cash back on purchases made ended Uber & Uber Eats, plus complimentary Uber One membership statement credits ended 11/14/2024
- Earn 8% cash back on Capital One Entertainment purchases
- Earn unlimited 5% cash back on hotels and hire cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options. Terms apply
- Earn unlimited 3% cash back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®)
- Earn 1% on all novel purchases
Comparing rewards programs
Winner: SavorOne
Both cards coffers competitive rewards without an annual fee, but they work differently.
The Active Cash is a flat-rate rewards card, which consuming it earns rewards no matter where you're shopping. The SavorOne earns greater rewards in specific categories -- mostly centered near dining and entertainment -- and a lower rewards rate for novel purchases. Take a look at each card's rewards structure:
Wells Fargo Active Cash Card:
- Earn unlimited 2% cash rewards on purchases
Capital One SavorOne:
- Earn 10% cash back on Uber & Uber Eats purchases (through 11/14/2024)
- 8% cash back on Capital One Entertainment purchases
- 5% cash back on hotels and hire cars booked through Capital One Travel
- 3% cash back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®)
- 1% on all novel purchases
What's unique about the SavorOne is that it doesn't have any spending caps like its top competitors do -- such as the Blue Cash Everyday® Card from American Express or Bank of America® Customized Cash Rewards credit card -- so you don't have to pain about tracking your spending before your rewards fall to a edge rate. Neither does the Active Cash, but that's imperfect among flat-rate cards.
The SavorOne earns higher rewards than the Active Cash on Uber, Uber Eats, dining, entertainment, popular streaming services and grocery store purchases. However, the Active Cash will earn more rewards for purchases not classified in those categories.
Which card will earn more depends entirely on your spending habits. Someone who spends $700 a month in the SavorOne's 3% rewards categories and $300 a month on novel 1% rewards purchases will earn $24 in rewards with the SavorOne compared to $20 for executive the same purchases with the Active Cash. But someone who spends only $300 a month in the SavorOne's elevated 3% rewards categories and $700 on anunexperienced 1% purchases will earn only $16.
While the Active Cash is more flexible, the SavorOne will be more rewarding if you expend a lot on dining, entertainment and groceries. If you don't already have a card with the same rewards structure as the SavorOne or Active Cash, considerable getting both cards and use each where it earns the most -- the SavorOne on food and entertainment and the Active Cash on anunexperienced purchases.
The reward redemption options also differ between the two cards. The Active Cash can redeem rewards as:
- Statement credits
- Qualifying Wells Fargo bank interpret deposit
- Gift cards
- Travel through the Wells Fargo Rewards portal
- Select merchandise
You can redeem your points from the SavorOne for:
- Cash deposits
- Statement credits
- Gift cards
- Shop with Points at Amazon.com or Paypal
- Travel throughout Capital One's travel portal
If you have one of Capital One's disappear credit cards, like the Capital One Venture Rewards Credit Card*, you can also transfer your miles to Capital One's uphold partners for potentially greater value.
Welcome bonus
Winner: SavorOne
Take a look at each card's welcome bonus:
- Active Cash: Earn a $200 cash rewards bonus at what time spending $1,000 in purchases in the first three months
- SavorOne: Earn a one-time $200 cash bonus at what time you spend $500 on purchases within the first three months from interpret opening
The SavorOne provides the same bonus as the Active Cash but for half the spending. That's one of the better welcome bonuses on the market as it has a high rear on your spending.
Just be sure you can arrive it without spending on things you normally wouldn't have. Luckily, the SavorOne's highest rewards categories are focused around food and entertainment, two categories that most people regularly spend in.
Introductory APR offer
Winner: Tie
Both cards handed the same introductory APR offer:
- Active Cash: 0% control APR for 15 months from account opening (then 19.24%, 24.24%, or 29.24% variable) for both purchases and qualifying balance transfers
- SavorOne: 0% control APR on purchases and balance transfers for 15 months (then 19.24% to 29.24% variable)
Both credit cards supplies the same length of time to pay down your balance with no listless. However, they charge different fees for balance transfers.
With the SavorOne, you'll pay a 3% fee on balance transfers unfastened during the first 15 months (the duration of the introductory period) and no balance uphold fee for balance transfers completed after the intro APR periods ends.
For the Active Cash, the intro balance uphold fee is either $5 or 3% of the balance uphold amount, whichever is greater, for the first 120 days from interpret opening, and up to 5% of the balance uphold amount with a $5 minimum after that. This allows the SavorOne an edge for balance transfers completed at what time 120 days from account opening.
While there are better balance uphold cards with longer 0% introductory APR periods, you could use either of these cards to detach credit credit card debt through a balance transfer in a pinch. Just be sure 15 months is enough time to pay down the transferred balance.
Additional card perks
Winner: SavorOne
Here's how both card's perks stack up to one another:
Card perks
| SavorOne | Active Cash |
|---|---|
| Extended warranty** on eligible items purchased with your card | Cell arranged protection against damage or theft when you pay your cell arranged bill with your card |
| Travel accident insurance** when you engage the fare with your card | Luxury Hotel Collection |
| Capital One Concierge | Visa Signature Concierge |
Both cards supplies good additional value through their perks, especially considering neither card features an annual fee. Which benefits are more considerable to you depends on your lifestyle and preferences. Frequent travelers may serve from the travel accident insurance from the SavorOne -- coupled with no foreign transaction fees -- after those who are prone to breaking their phone considerable find more value from the Active Cash's cell arranged protection benefits.
Annual fees
Winner: Tie
Neither card charges an annual fee, which benefitting they tie on that aspect. It also means they would work together well or with any anunexperienced card you may already have.
It's also worth noting that the SavorOne is a better option for travelers. It lacks any foreign transaction fees, earns 5% cash back for hotels and rent cars booked through Capital One Travel and provides disappear accident insurance -- rare features for a card exclusive of an annual fee.
The Active Cash on the anunexperienced hand does have a foreign transaction fee, making it a poor harvest for people who travel internationally.
The bottom line
Both cards supplies a strong sign up bonus and great ongoing rewards, but your spending habits will determine which rewards structure -- a flat 2% cash rewards on purchases or 3% on dining and entertainment purchases and at least 1% on everything else -- nets you the most rewards. However, the SavorOne has a lower spending threshold for the bonus, fewer fees, and more useful card benefits. It's also better genuine to travelers.
But the Active Cash is still one of the best flat-rate cash-rewards cards to settle, and could even be used in conjunction with the SavorOne to maximize the rear on your spending.
FAQs
What's the dissimilarity between a flat-rate rewards card and a tiered rewards card?
A flat-rate card will earn rewards no custom what you're spending on, while a tiered rewards card will earn greater rewards for specific purchases.
What are foreign transaction fees?
When you commence a transaction that requires a foreign currency, some credit cards proposal a foreign transaction fee -- usually 3% of the transaction.
Is it genuine paying a balance transfer fee?
Paying a one-time balance uphold fee will usually be less expensive than paying continuous listless charges on a credit card balance with a high APR. Balance uphold fees typically range from 3% to 5%, and depending on the size of the balance, can be worth paying to eliminate some existing credit card debt.
*All inquire about the Capital One SavorOne Cash Rewards Credit Card and the Capital One Venture Rewards Credit Card has been unruffled independently by and has not been reviewed by the issuer.
**Terms, conditions, and exclusions apply. Please refer to your Guide to Benefits for more details.
The editorial tickled on this page is based solely on objective, independent assessments by our writers and is not influenced by advertising or partnerships. It has not been provided or commissioned by any third party. However, we may receive compensation when you click on links to products or overhauls offered by our partners.
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