Capital One Savor Cash Rewards Credit Card
vs. Chase Freedom Flex® Card

Both the Savor Cash and the Freedom Flex Card offer enticing cash back rewards and share the benefit of no annual fees. The Savor Cash edges ahead with its higher cash back score and its straightforward rewards on dining, entertainment, and at grocery stores.

However, the Freedom Flex card's rotating bonus categories can be highly rewarding if your spending aligns with those categories. While the Savor Cash may be the frontrunner for consistent rewards, the Freedom Flex shouldn't be overlooked, especially for those who can maximize its rotating categories.

You might prefer the Savor Cash if you value consistent cash back on dining, entertainment and grocery store purchases. With its higher cash back score, this card offers a straightforward rewards structure without the need to track rotating categories. The introductory offer and lack of foreign transaction fees are also beneficial.

You might prefer the Freedom Flex if you're adept at maximizing rewards in rotating categories and plan to travel. While it requires more management, this card can yield high returns on travel booked through Chase and in bonus categories that change quarterly. The introductory cash bonus and APR offer are also attractive features for new cardholders.

Evaluating APRs, fees, credit requirements, rewards, introductory offers and other features will illuminate the strengths of each card. Use this section to align card benefits with your spending patterns and financial goals, such as maximizing dining rewards with the Savor Cash or diverse category bonuses with the Freedom Flex.

The Savor Cash has a good rewards program, particularly for those who frequently spend on dining, entertainment, and at grocery stores, with no annual fee. It offers 3% cash back in these categories and 8% cash back for Capital One Entertainment purchases

The Freedom Flex has rotating 5% cash back categories, which can be lucrative if your spending aligns with those quarterly categories. However, it requires more effort to track and activate these categories. The Freedom Flex has a 5% return on travel booked through Chase Travel℠, appealing to frequent travelers.

Both cards exclude superstores like Walmart and Target from their higher cash back rates. For those who enjoy optimizing their rewards, the Freedom Flex's rotating categories offer a chance to earn significant cash back on up to $1,500 in combined purchases each quarter, but it's essential to stay on top of the activation each period. The categories change quarterly, so checking Chase's calendar is a must to maximize benefits.

Following this section, you'll find a table that lays out the bonus categories for each card.

After accumulating rewards, you'll want to know how you can redeem them. With the Savor Cash, redemption is flexible; you can request cash back as a statement credit or a check. You also have the option to set automatic redemptions for specific times or when you hit certain thresholds. Beyond cash back, you can redeem for gift cards, travel and more, with varying rates. Additionally, you can transfer rewards between eligible Capital One accounts.

The Freedom Flex offers a range of redemption options as well, including cash, gift cards, and travel. You have the freedom to use points for products or services through the program or third-party providers, though redemption values can differ. Importantly, points do not expire as long as your account is open, providing peace of mind for long-term reward planning.

MoneyGeek analyzes credit cards like the Savor Cash and Freedom Flex using a tailored scoring system. In this comparison, both cards are assessed based on their performance in the cash back category.

The factors influencing their scores include the effective reward rate and the return on investment for offers, which together account for a significant portion of the overall score.