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Is the Capital One SavorOne Cash Rewards Credit Card (Fair Credit) Worth the $39 Annual Fee?

On rewards alone, the Capital One SavorOne Cash Rewards Credit Card (Fair Credit) never out-earns the no-fee Alliant Cashback Visa® Signature Card — its $39 fee has to be justified by credits and perks, not the earn rates.

Rates verified 2025-12-22.

Method: we compare what the Capital One SavorOne Cash Rewards Credit Card (Fair Credit) earns against the best no-annual-fee card in the same category — the Alliant Cashback Visa® Signature Card — because the alternative to paying a fee is not earning nothing, it is a good free card. Full methodology.

Three spending levels

ProfileCapital One SavorOne Cash Rewards Credit Card (Fair Credit)Alliant Cashback Visa® Signature CardAfter the $39 fee
Light spender ($1,200/mo)$235/yr$360/yr−$164 behind
Typical spender ($2,400/mo)$473/yr$720/yr−$286 behind
Heavy spender ($4,500/mo)$886/yr$1,350/yr−$503 behind

The breakeven curve

Monthly spendMargin vs. Alliant Cashback Visa® Signature Card (after fee)Verdict
$500−$91keep the free card
$1,000−$142keep the free card
$1,500−$194keep the free card
$2,400−$286keep the free card
$3,500−$399keep the free card
$5,000−$554keep the free card
$7,500−$812keep the free card