When it comes to earning cash back for popular spending categories like groceries, dining out and entertainment, there are plenty of choices out there in the credit card space. Often, the battle for the best cash back credit card comes down to the one that offers a generous rewards structure for what you spend the most on.
In this battle, we’re taking a look at the Capital One SavorOne Cash Rewards Credit Card and the Chase Freedom Unlimited® card. For these cards, it will come down to how much cash back you need to earn for categories like groceries, dining, travel and entertainment.
While the SavorOne card will allow you to earn more cash back depending on your lifestyle and spending habits, the Freedom Unlimited focuses on offering a competitive flat rate on general purchases.
If you want to know which card would work best for you, here’s everything you need to know about what these rewards credit cards offer.
|Welcome bonus||$200 cash bonus after spending $500 within 3 months of account opening||$200 cash bonus when you spend $500 on your card within 3 months of account opening|
Capital One SavorOne Cash Reward vs. Chase Freedom Unlimited highlights
As you can see, both of these cards offer competitive rewards rates in popular spending categories—especially dining. But which one is best for you depends on other areas of your budget and how you like to earn.
Welcome bonus winner: Tie
Both cards have identical welcome bonus amounts, spending requirements and timeline to meet the requirements. To get the bonus for either card, you’d have to spend about $167 a month on the cards for three months. If you switch over even a small chunk of your spending to either one of these cards, you should have no …….