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If you want generous rewards on select travel purchases and at grocery stores and restaurants, the Capital One Savor Cash Rewards Credit Card could be a good fit. Not only does this card offer impressively high rewards, but it also comes with other perks, including no annual fee. It's a great option for travelers, foodies, or those who spend often at the grocery store.

Here's what to know about this card's features, perks, and drawbacks to help you decide if it's right for your wallet.

Besides the above perks, you'll also get other benefits with this card, including the following:

No foreign transaction fees: You won't need to worry about added fees when you use your card to make purchases abroad.

Extended warranty coverage: As a card member, you'll get two-year extended warranty protection on eligible purchases.

Travel accident insurance: This card comes with built-in travel accident insurance, so you're protected against certain covered losses on trips.

Concierge service: Capital One's 24-hour concierge service can help you book tickets, make reservations at restaurants, and assist with travel arrangements.

Emergency card replacement: Emergency card replacement and cash advances are also available if your card is lost or stolen.

You earn at least 1% cash back on eligible purchases made with your Capital One Savor Cash Rewards Credit Card. However, transactions like cash advances, balance transfers, and credit card checks don't earn rewards.

Capital One offers a higher cash-back rate in several popular purchase categories, including grocery stores, dining, and entertainment. That said, certain purchases, including those made at big-box stores, convenience stores, warehouse clubs, and some food trucks, may not be coded as grocery store or dining purchases. Likewise, certain entertainment purchases may not be coded as such, including some amusement park tickets.

See also: Best rewards credit cards

You can redeem your cash-back earnings in several ways, including statement credits, checks, gift cards, and credits for select purchases made through third-party sites like Amazon.

Capital One lets you redeem your rewards manually whenever you want or automatically redeem them by setting a specific timeframe or threshold amount for redemption in your online dashboard. For instance, you might opt to redeem your rewards once a year or when your balance reaches $500.

The Savor Cash Rewards Card is a good choice if you frequently make purchases at grocery stores, restaurants, and on entertainment. It could also be a good choice if you often make bookings through Capital One Travel. Making purchases in those categories will help you maximize your cash-back earnings with this card.

Likewise, if you're looking for a card with no annual fee and a welcome offer, this card could fit the bill. It also offers a generous intro APR, making it a suitable choice if you have a large purchase coming up or want to transfer a balance from another card.

High earnings in popular spending categories: You'll get lucrative rewards in common spending categories, including grocery stores, restaurants, and entertainment, with this card.

Access to Capital One-specific perks: Cardholders get access to perks like advance ticket purchases through Capital One Entertainment and discounts through Capital One Shopping.

Helpful security features: Get helpful security features like virtual card numbers to protect your physical card's information, security and account alerts, $0 fraud liability, and the option to lock your card remotely if it's lost or stolen.

Credit report tracking: Capital One lets you track your Experian and TransUnion credit reports through its CreditWise tool.

Limited rewards for travel bookings: You'll only get a high rewards rate on qualifying bookings made through Capital One Travel. There are no increased rewards for direct travel bookings or those made through third-party sites.

Superstore spending doesn't qualify for high rewards: You won't earn increased rewards for grocery purchases made at stores like Target or Walmart.

Excellent credit might be needed: Capital One indicates you might need an excellent credit score to qualify for this card.

The Savor Cash Rewards Card is a Mastercard, which means you can use it anywhere Mastercard is accepted. You can make purchases with a Mastercard in 210 countries and territories worldwide.

Online by logging into your Capital One account

Through the Capital One mobile app

By mail:Capital OneAttn: Payment ProcessingPO Box 71087Charlotte, NC 28272-1087

By phone: 1-800-CAPITAL (227-4825)

In-person at a local Capital One bank branch

If you have questions about your card, you can call Capital One's customer service team at 1-877-383-4802. Representatives are available to help seven days a week, from 8 a.m. to 11 p.m. EST.

For urgent requests outside of working hours, you can reach an automated 24-hour help service by calling 1-800-655-2265.

The Capital One Savor Cash Rewards Card has many perks, but it isn't the right choice for everyone. Consider these other rewards cards, too.

Why we like it: If you prefer earning flat-rate cash back on all your purchases, the Quicksilver Cash Rewards Card could be a fit. With this card, you'll get 1.5% cash back on all eligible spending, so you won’t need to worry about tracking bonus categories to maximize your rewards.

Read our full review of the Capital One Quicksilver Cash Rewards

Why we like it: Those interested in earning rewards on travel purchases will appreciate what the Venture Rewards Card offers. You can earn miles on hotels, vacation and car rentals, and 2x miles on all other purchases.

Read our full review of the Capital One Venture Rewards Credit Card

Why we like it: The Chase Sapphire Preferred Card is another great option if you’re interested in earning travel rewards. Cardholders get 5X points on travel booked through Chase; 3X points on restaurant, online, grocery store, and qualifying streaming service purchases; 2X points on other travel bookings; and 1X points on everything else. This card also has a $95 annual fee.

Read our full review of the Chase Sapphire Preferred

This article was edited by Alicia Hahn

Editorial Disclosure: The information in this article has not been reviewed or approved by any advertiser. All opinions belong solely to the author(s) and are not those of any other entity. The details on financial products, including card rates and fees, are accurate as of the publish date. All products or services are presented without warranty. Check the bank's website for the most current information. This site doesn't include all currently available offers. Credit score alone does not guarantee or imply approval for any financial product.

The Capital One Quicksilver and Savor credit cards are both good choices for cash back, but they differ in their rewards programs.

The Capital One Savor Student Cash Rewards card is a solid option for college students who want to build credit and earn cash back on food and entertainment purchases.

Use your the Capital One QuicksilverOne Cash Rewards Credit Card to build your credit history and earn cash back on every eligible purchase

Capital One has one of the best credit card lineups for different scenarios, including earning cash back or miles, or using a 0% introductory APR offer.

For fans of cash back, the Capital One Quicksilver Cash Rewards Credit Card offers both simplicity and a lot of potential value

With the Capital One Venture Rewards card, you can earn valuable rewards on your purchases, and perks like auto rental coverage and travel accident insurance.