BofA Travel Rewards vs Capital One Savor One for H1B Holders (2026)
By VisaFold Team · CPA-reviewed · Last updated
Detailed comparison of BofA Travel Rewards and Capital One Savor One for Indians on H1B — rewards, approval odds, and which card wins for your spending.
📅 Updated April 29, 2026⏱️ 7 min read
✍️
VisaFold Team•CPA-Reviewed Last updated: April 29, 2026
⚡ Quick Answer
Bank of America Travel Rewards — no foreign transaction fees, 1.5x on everything, no annual fee.
BofA Travel Rewards vs Capital One Savor One: Which wins for H1B holders?
Bank of America Travel Rewards — no foreign transaction fees, 1.5x on everything, no annual fee.
Capital One Savor One — top credit card pick for H1B holders.
At a glance
Feature
BofA Travel Rewards
Capital One Savor One
Annual fee
$0
$0
Signup bonus
Check current offer
Check current offer
Base rewards
Varies
Varies
Foreign transaction fee
$0
$0
Credit score needed
680-720+
680-720+
H1B approval
Common
Common
Rewards comparison for H1B spending
💸 Send Money Abroad with Wise Transfer money internationally with real mid-market rates and low fees. Trusted by 16M+ customers. Send Money with Wise →
Which credit card is better for H1B holders: BofA Travel Rewards or Capital One Savor One?+
For H1B holders in the first 12 months: prioritize approval odds over rewards. Both BofA Travel Rewards and Capital One Savor One are solid choices. The right pick depends on your credit score, monthly spend, and whether you value cash back vs travel rewards.
What credit score do I need for BofA Travel Rewards vs Capital One Savor One?+
Most major rewards cards require 680+ for approval. Premium travel cards (Amex Platinum, Chase Sapphire Reserve) require 720+. As an H1B holder, your income documentation (W-2, pay stubs) carries significant weight alongside your score.
Does BofA Travel Rewards or Capital One Savor One have foreign transaction fees?+
Most travel-focused credit cards have no foreign transaction fees (0%). Basic cash back cards may charge 1-3% on international purchases. When sending money to India, use a dedicated transfer service (Wise, Remitly) — credit cards charge cash advance fees on wire transfers.
Can I use signup bonuses from credit cards on H1B?+
Yes. Signup bonuses (cash back, travel points) are fully available to H1B holders. The IRS generally treats credit card rewards as discounts rather than taxable income. Signup bonuses are yours to keep even if you later change visa status or return to India.
Which credit card is easier to get approved for as a new H1B holder?+
Easiest approvals for new H1B holders: Capital One Quicksilver Secured (guaranteed with $200 deposit), Deserve EDU (uses Indian CIBIL via Nova Credit), and Discover It Secured. After 6-12 months of US credit history, approval odds for standard rewards cards improve significantly.