Capital One Savor Cash Rewards Credit Card
vs. Capital One Walmart Rewards® Mastercard®

Both the Capital One Savor Cash Rewards Credit Card and the Capital One Walmart Rewards® Mastercard® offer enticing cash back rewards, making them strong contenders for anyone looking to optimize their credit card benefits. The Savor card edges ahead with its higher cash back on a broad range of everyday categories, making it a compelling choice for those who frequently spend on dining and entertainment. While the Savor card may have an annual fee, its generous sign-up bonus and high reward rates on popular spending categories can offset that cost for many users.

As a store card, the Walmart Card offers high cash back rates on Walmart.com and is particularly rewarding for avid Walmart shoppers. With its lower credit score requirement, the Walmart Card is also more accessible to a wider range of consumers.

You might prefer the Savor card if you frequently dine out or spend on entertainment and streaming services. The 4% cash back in these categories and 3% at grocery stores can offset the $95 annual fee if these are your primary spending areas.

You might prefer the Walmart Card if you're a regular Walmart shopper, particularly online. With 5% cash back on Walmart.com and a generous 2% on Walmart in-store purchases when using Walmart Pay, this card maximizes rewards for loyal Walmart customers without charging an annual fee.

Evaluating APRs, fees, credit requirements, rewards, introductory offers, and additional features will help you determine which card best suits your spending. Specifics like Savor's $95 annual fee vs. Walmart Card's $0 fee or the 4% cash back on dining with Savor against Walmart Card's 5% on Walmart.com purchases are pivotal in this decision.

The Savor card offers a robust 4% cash back on dining and entertainment, plus 3% cash back on groceries. With an expected reward value of $580 and a 4.76 effective reward rate, it's a strong contender for those expenses. While the Savor card has a $95 annual fee, its higher reward rates in key categories might offset that cost for some users.

However, the no-annual-fee Walmart Card is not to be overlooked, especially for loyal Walmart shoppers. Its most compelling bonus category is the 5% cash back on Walmart.com, which includes pickup and delivery, making it a solid choice for online Walmart purchases. The card also offers 2% cash back on in-store Walmart purchases, restaurants and travel, which can add up for frequent Walmart customers. The Walmart Card's additional perks for shopping at Walmart, such as the introductory offer of 5% cash back in Walmart stores when using Walmart Pay for the first 12 months, enhance its appeal for those who prioritize shopping at this retailer.

Review the table below to compare the bonus categories of both cards.

The Savor card offers cash back redemption via check or statement credit, with the assurance that rewards do not expire as long as the account remains open.

The Walmart Card extends redemption options to include purchases on Walmart.com, travel and gift cards, in addition to cash back and statement credits.

Both cards offer flexibility without the worry of losing rewards due to expiration.

MoneyGeek's ranking process evaluates credit cards like the Savor and Walmart Card for various use cases, including cash back, where both cards score highest.

The evaluation considers factors such as the effective reward rate and the return on investment for offers. Other considerations include annual fees, introductory purchase rates and issuer satisfaction. For a detailed understanding of our ranking process, you can explore our ranking methodology.