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

When considering the Capital One Savor Cash Rewards Credit Card and the Capital One Walmart Rewards Mastercard, both offer enticing cash back rewards and the convenience of no annual fees. However, the Savor Cash card takes the lead with its broader range of cash back categories and a higher overall cash back score. Particularly, its unlimited 3% cash back on dining, entertainment, streaming services, and grocery stores makes it a versatile choice.

The Walmart Card, as a store card, is ideal for frequent Walmart shoppers, offering high cash back rates on Walmart.com. While the Savor Cash card may be the better overall option, the Walmart Card's accessibility to those with lower credit scores and its strong online shopping rewards should not be overlooked.

You might prefer the Savor Cash if you value a card that offers a range of cash back categories including dining, entertainment and grocery stores. With its 0% introductory APR on purchases and balance transfers, it's also a good choice if you're planning a large purchase or want to move a balance from another card.

You might prefer the Walmart Card if your spending is heavily focused on Walmart.com, where you can earn the highest cash back rate. This card is also more accessible if you have a lower credit score and still want to earn rewards on your everyday purchases.

Evaluating APRs, fees, credit requirements, rewards and other features will help you decide which card matches your needs. For example, if you frequently shop online at Walmart, the Walmart Card's higher cash back rate on Walmart.com could be beneficial. Conversely, if dining out and entertainment are where you spend more, the Savor Cash's rewards structure might be more advantageous.

When it comes to rewards, the Savor Cash card leads with an expected reward value of $510 thanks to its generous cash back on entertainment, dining, streaming services and grocery stores. It offers 8% back on Capital One Entertainment and 5% on hotels and rental cars booked through Capital One Travel.

The Walmart Card, with an expected reward value of $390, is most compelling for frequent Walmart.com shoppers. It offers a robust 5% back on online purchases, including pickup and delivery. While it may not match the Savor Cash card's breadth, it does provide 2% rewards on in-store Walmart purchases, dining and travel. The additional benefits of shopping at Walmart with the Walmart Card should not be overlooked.

The following is a table of bonus categories to help you compare the rewards programs of both cards at a glance.

Both cards offer a variety of redemption options. With the Savor Cash, you can redeem your cash back whenever you choose, either as a statement credit or a check. You can also automate redemptions annually or when reaching certain amounts. You also have the flexibility to use rewards for past purchases, gift cards and travel booked through Capital One. Transferring rewards between eligible Capital One accounts is another perk.

The Walmart Card simplifies redemption by allowing you to apply cash back towards purchases on Walmart.com, statement credits or even and gift cards. This straightforward approach ensures that the rewards you earn can be easily applied to future Walmart purchases or other expenses.

MoneyGeek evaluates credit cards like the Savor Cash and Walmart Card for various use cases, including cash back, which is where both cards score the highest. The evaluation process assigns scores based on factors such as the value of rewards and the return on investment for card offers. The largest factors influencing these scores include the annual fee, introductory purchase offers, recommended credit and issuer satisfaction, with the rewards rate carrying the most weight. For a detailed understanding of our scoring system, you can review our ranking methodology.