How do I redeem Capital One Savor cash?

With an annual fee of $95 and $300 as a sign up bonus after you spend $3000 in the first three months, Capitol One’s Savor Cash credit card is one of the more attractive rewards out on the market. 

What can I do to redeem my rewards for my Capitol One Savor cash card?

The two simplest ways are either via the Capitol One App or via their website. 

Capitol One Mobile App

Within Capitol One’s app, you can redeem your benefits in three different ways: 

1. redeem for a gift card -  usually takes 2 to 3 weeks to deliver
2. redeem a purchase 
3. credit your account -  usually processed in 2-3 business days

The app enables you to use a slider system to help you visualize how much of your rewards cash you want to redeem. 

 An important note is that crediting your account is not equivalent to payment and simply lowers your balance. You are still required to make any outstanding payments. 

Capital One website 

While the mobile app may be the most convenient option for most customers, one feature that is only accessible through Capitol One’s website is the Automatic rewards system. 

This service helps enables you to automate your rewards system so that you can redeem your card without any manual input on a particular date of the year or whenever your rewards accumulate to a certain threshold ($25, $50, $100 or $200). 

These details can be modified with the “Set Auto Rewards Preferences” page within the rewards page. 

Redeeming your benefits on Capitol One’s website is similar to the process on the app, allowing you to redeem your rewards in two forms: cash and gift cards

Within the two categories, you can redeem cash in three distinct ways: 

• account credit
• a check in the mail
• redeeming for purchases. 

An important note regarding the last option is that if the purchase you intend to redeem is greater than your available cash rewards, the amount being redeemed will automatically use all the rewards you have available.