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If you're a streaming enthusiast, you're likely no stranger to the rising costs of your favorite services. The average American spends around $100 per month on streaming services, and that number is only expected to grow.
Some credit cards offer rewards that can help offset these costs. The Citi Premier Card, for example, offers 3x points on travel, including streaming services, which can be redeemed for cash or used to offset other expenses.
If you're a heavy user of streaming services, you might be able to earn enough points to cover your entire subscription fee. The Citi Premier Card's rewards program is designed to be flexible, so you can use your points in a way that works best for you.
The Discover it Cash Back card also offers a cashback rewards program that can be used to offset streaming service costs. Earn 5% cash back on various categories, including digital purchases, and redeem your rewards for cash or other benefits.
Credit Card Options
The U.S. Bank Altitude Go Visa Signature Card is a fantastic option for those who want to earn rewards on their streaming services. It offers 4 points per dollar on streaming services, in addition to 4 points per dollar on dining and 2 points per dollar on groceries and gas.
The card also has a welcome offer of 20,000 bonus points after spending $1,000 on purchases within 90 days of account opening, which can be a great incentive for new cardmembers.
American Express Platinum Card
The American Express Platinum Card is a premium credit card that offers a range of benefits to its cardmembers.
You can earn up to 80,000 bonus points after spending $8,000 on purchases in the first six months of cardmembership, which is valued at $1,600 according to TPG's November 2024 valuations.
The card offers 5 points per dollar on airfare purchased directly with the airline or through the Amex Travel portal, up to $500,000 of airfare purchases per calendar year.
You'll also earn 5 points per dollar on prepaid hotels booked with Amex Travel and 1 point per dollar on all other purchases.
The card has an annual fee of $695, which may seem steep, but it comes with numerous perks to justify the cost.
You can get up to $240 in statement credits each calendar year for digital entertainment, including credits for Disney+, The Disney Bundle, ESPN+, Hulu, Peacock, The Wall Street Journal, and The New York Times.
To receive these credits, you'll need to enroll in advance and pay the merchant directly on a monthly basis, with reimbursement coming an average of two days later.
The card also offers up to $200 in credits each calendar year for incidental fees charged by your preferred airline, as well as up to $200 in annual hotel credits and up to $200 in Uber Cash each calendar year.
American Express Blue Cash Everyday Card
The American Express Blue Cash Everyday Card is a solid cash-back card that can help cover your streaming expenses. It offers up to $7 back each month as a statement credit for spending $9.99 or more on an eligible Disney Bundle subscription.
This card is great for online shoppers, as it earns 3% cash back at U.S. supermarkets, on online purchases from U.S. retailers, and at U.S. gas stations. You can earn up to $6,000 in spending each year in each category, then 1% back.
You'll also earn 1% cash back on all other purchases, which can add up over time. Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit or at Amazon.com checkout.
The card has a $0 annual fee, making it a low-cost option for those looking for a cash-back card. You can also earn a $200 statement credit after spending $2,000 in eligible purchases within the first six months of cardmembership.
Cardmembers can enjoy up to $180 in annual statement credits each calendar year for Home Chef, available as up to $15 per month statement credits. Enrollment is required, and terms apply.
American Express Blue Cash Preferred Card
The American Express Blue Cash Preferred Card is a great option for those who want to earn cash back on their everyday purchases. It offers up to $7 back each month as a statement credit for spending on an eligible Disney Bundle subscription.
With this card, you'll earn 6% cash back at U.S. supermarkets on the first $6,000 of these purchases each year, then 1% back. You'll also earn 6% cash back on select U.S. streaming services.
The card has a $0 introductory annual fee for the first year, then $95. This is a relatively low annual fee compared to other cash back cards on the market.
U.S. Bank Altitude Go Visa Signature Card
The U.S. Bank Altitude Go Visa Signature Card is a great option for those who want to earn rewards on their daily purchases. It offers a $0 annual fee.
You can earn 4 points per dollar on dining, including takeout and delivery, making it a great choice for foodies. This rate applies to grocery delivery services as well.
The card also earns 2 points per dollar on groceries, gas, and electric vehicle charging stations. Streaming services are also eligible for this higher earning rate.
Earn 1 point per dollar on all other purchases, making it a solid option for everyday spending. The card has no foreign transaction fees, making it a great choice for international travel.
The welcome offer for new cardmembers is 20,000 bonus points after spending $1,000 on purchases within 90 days of account opening. This is a great incentive to get started with the card.
You can redeem the points earned on the card in multiple ways, including for travel, cash back, and gift cards. The full list of eligible services for the $15 statement credit is available on the U.S. Bank website.
Capital One SavorOne Rewards
The Capital One SavorOne Rewards card is a great option for those who want to earn cash back on their purchases. It offers a one-time $200 cash bonus after spending $500 on purchases within the first 3 months from account opening.
You'll earn a decent cash back rate on various categories, including 3% Cash Back at grocery stores, on dining, entertainment, and popular streaming services. This can be a significant amount, especially if you regularly spend money on these categories.
The card also offers 5% Cash Back on hotels and rental cars booked through Capital One Travel, which can be a great perk for frequent travelers. However, be aware that there are terms that apply to this offer.
Another benefit of the Capital One SavorOne Rewards card is that it comes with no annual fee and no foreign transaction fees. This makes it a great option for those who want to avoid extra charges on their credit card.
Here's a breakdown of the cash back categories and rates:
The card also offers a 0% intro APR on purchases and balance transfers for 15 months, which can be a great perk for those who want to avoid interest charges on their purchases.
Saving on Subscription Costs
Saving on subscription costs is a great way to stretch your budget further. The Blue Cash Preferred Card from American Express offers 6% cash back on select U.S. streaming subscriptions, making it a top choice for families.
You can earn up to $6,000 in cash back per year on U.S. supermarkets, 6% back on select U.S. streaming subscriptions, 3% back on transit and U.S. gas stations, and 1% cash back on all other purchases.
Here are some of the top credit cards for streaming services, including their cash back rates and annual fees:
These credit cards can help you save money on your subscription costs and earn rewards on your everyday spending.
Cover Subscription Costs
You can earn up to 6% cash back on select U.S. streaming subscriptions with the Blue Cash Preferred Card from American Express. This card also offers 6% back on U.S. supermarkets and 3% back on transit and U.S. gas stations.
The card's cash back rewards can be redeemed as a statement credit or at Amazon.com checkout. The Blue Cash Preferred Card from American Express has an Introduction APR of intro_apr_rate,intro_apr_duration, then reg_apr,reg_apr_type.
A new card member can earn a sign-up bonus of bonus_miles_full. This card also offers a $84 Disney Bundle Credit and a $120 Equinox+ Credit, as well as various travel, shopping, and entertainment benefits, enrollment required. Terms apply**.
Here's a comparison of the top credit cards for streaming services:
The Capital One Savor Cash Rewards Credit Card is an excellent choice for individuals who enjoy dining out and entertainment, offering 3% cash back on dining, entertainment, and grocery purchases.
Netflix Pricing
Netflix offers three different plans to choose from, making it easy to find a price that fits your budget. The Basic Plan costs $9.99/month, the Standard Plan costs $15.99/month, and the Premium Plan costs $19.99/month.
These prices are much more reasonable than paying for Cable or Satellite TV, which can cost up to $100/month. By using streaming services like Netflix, you can save a significant amount of money.
Here are the pricing options for Netflix:
If you're looking for even more savings, consider using a credit card like the Blue Cash Preferred Card from American Express, which offers 6% cash back on select U.S. streaming subscriptions, including Netflix.
Entertainment and Services
If you're looking for a credit card that rewards you for your entertainment and streaming habits, you're in luck. There are several cards that offer high rewards rates on streaming services, including Apple Music, Netflix, and Hulu.
The Chase Sapphire Preferred card, for example, offers 3x points on streaming services, with a point value of 1.6ยข per dollar spent. This means that if you spend $100 on streaming services with this card, you'll earn 300 points, which is equivalent to $4.80 in value.
Other cards that offer high rewards rates on streaming services include the Capital One Savor One Rewards card, which offers 3x points on entertainment and popular streaming services, and the United Quest Card, which offers 2x points on streaming services.
Here's a breakdown of some of the top credit cards for entertainment and streaming services:
It's worth noting that some cards may have limitations or exclusions on their rewards rates, so be sure to read the fine print before applying.
The Discover It Cash Back card, for example, offers 5x points on quarterly categories, including streaming services, but the rewards rate is only available for a limited time.
Frequently Asked Questions
Which Chase credit card has streaming benefits?
The Chase Sapphire Preferred Card offers 3x points on select streaming services, making it a great option for cord-cutters and streaming enthusiasts.
Is it a good idea to use a credit card for subscriptions?
Yes, using a credit card for subscriptions can help establish good payment history, a key factor in maintaining a healthy credit score. This can be especially beneficial if you pay off the statement in full each month.
How much is the Amex streaming credit?
The Amex Platinum offers up to $240 in annual digital entertainment statement credits, broken down into $20 monthly increments. This credit can be used for popular streaming services like Disney+, Hulu, and ESPN+.
Sources
- https://thepointsguy.com/credit-cards/credit-cards-free-streaming-subscriptions/
- https://upgradedpoints.com/credit-cards/best-credit-cards-for-streaming-services/
- https://pointsnav.com/spend-category/entertainment-and-streaming
- https://www.uthrive.club/best-credit-cards-for-netflix-and-other-streaming-services
- https://www.hustlermoneyblog.com/best-credit-cards-streaming-services/
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