Frequent Miler reveals that Capital One is discontinuing the Savor Card, impacting current cardholders who will be transitioned to other Capital One products. One Mile At A Time adds that the card is no longer open to new applicants, signaling a significant shift in Capital One's credit card offerings. This change underscores the importance for existing Savor Cardholders to stay informed about the transition process and explore alternative card options that align with their spending habits and rewards preferences.