[Post updated to reflect the fact that this benefit is for existing Savor cardholders as well. Doesn’t look like there’s any signup needed on Capital One’s end, just charge the monthly $9.99 fee to your Savor card, and it’ll get reimbursed, though 2019.]
Capital One has partnered with Postmates to offer an additional benefit to Capital One Savor cardholders including those who have the card or who signup now for the card.
-  Capital One Savor cardholders can get a statement credit reimbursement for a $9.99 monthly membership fee for Postmates Unlimited when using your Savor card to pay for the membership fees. Valid through December, 2019.
The Postmates Unlimited plan gives free deliveries on Postmates orders of $15+, along with some other benefits.Â
Capital One continues to create partnerships, we’ve seen them partner with Hotels.com, Uber, and Spotify too. This Postmates benefit fits well with the dining theme of the Savor card, and Capital One probably gets it for free or almost free from Postmates who wants to entice more foodie customers to their platform, so it’s a win-win for everyone.
Keep in mind, Postmates isn’t available in all areas, but for someone who uses them or wants to try them, this is a nice added perk. Personally, I’d signup for the Savor card just for the $500 bonus, but I haven’t tried since I assume Capital One will deny the application.
FAQ:
What’s Postmates Unlimited?
A monthly membership to Postmates, everyone’s favorite delivery service! With Unlimited, you get $0 delivery fees on orders over $15. You’ll also never pay blitz pricing or get hit with minimum basket fees. Plus you’ll get access to unique member experiences. Learn more about Postmates Unlimited.What does my Capital One® Savor card cover?
When you pay for a monthly Postmates Unlimited membership using your Savor card, you’ll receive a monthly statement credit of $9.99 through December 2019. After that time, unless you cancel your membership, the monthly Postmates Unlimited membership charge will continue to be charged to your Savor card account and you will not receive a statement credit for the amount. Offer is not valid with Annual Postmates Unlimited membership ($7.99/month).Are there any other fees with Postmates Unlimited?
In some cases, yes. Service fees and gratuities may be an additional cost depending on the merchant.Will I still earn 4% cash back on dining with Postmates Unlimited?
Yep. You’ll keep earning 4% cash back on qualified dining and entertainment purchases.
Any good sign up link for Postmates? I am new to it.
Anyone know if you still earn points on the actual purchase of the subscription?
Any chance of using the $9.99 credit for an actual Postmates order rather than Postmates Unlimited? Similar to how you can use AmEX Gold’s $100 airline incidental credit for gift cards.
Same question
Since they said it won’t work for the annual subscription, I’m guessing they’re passing some sort of transaction data back that’s triggering the credit. So doubtful it would work for a normal order, but this is also a relatively inexpensive test for anyone with the card currently. Place a normal Postmates order without signing up for Unlimited and see if it triggers the credit. If you can place an order of exactly $9.99, maybe it will trigger.
Even if you don’t use Postmates, or only use it once a year why not sign up for the 4% CashBack on the membership fee? Free $5 a year lol
Lol. Might be sales tax, though.
True, but usually subscriptions don’t charge it, like Netflix/Hulu.
Hawaiian 60k bonus offer targeted
http://imgur.com/YY030pz
Off topic, but what happened with the CapitalOne Centure 75K offer. It was dead and then a working link was found and now the whole post disappeared!
weird. i just saw that too. had been considering it.
It seems like its not a signup bonus and existing customers with this card can get this also
+1
Confirmed with Cap1 that you are right. Updated the post.
NO love for existing member?
I wonder how Postmates will code on CapOne? It is definitely NOT coding as dining with Chase.
I ordered from PostMates last week with my Capital One Savor card. It coded as Dining.
Postmates coded as dining on my CSR this week. First time I had used them.
Is this open to current cardholders or just new ones?
Both