The Capital One SavorOne Student Cash Rewards Credit Card offers a practical solution for college students aiming to build credit while earning cash back on purchases. With no annual fee, this card grants 3% cash back on groceries, dining, streaming, and entertainment, and 1% on all other expenses. Rewards are unlimited and do not expire, providing flexibility in redemption, including direct cash, statement credits, or purchases through Capital One’s portals. Additionally, the card comes with a host of travel and shopping protections, and the opportunity to earn a $50 bonus after spending $100 within the first three months. However, the card does have a high APR and requires some credit history for approval, making it important for applicants to manage their spending responsibly.
Read the full article here.