You spend how a lot on streaming providers? Use a bank card that offers money again

19 mins read
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Spending lots on streaming TV? Perhaps a bit of money again will assist.


Sarah Tew/CNET

With the huge variety of decisions in streaming at present, and extra showing on a regular basis, the month-to-month prices can actually add up. Netflix, which is mainly desk stakes lately, prices $14 each month for the preferred tier. If you’d like the exhibits and new films on HBO Max, you may shell out $15 each month. When you have youngsters (or like Marvel or Star Wars) then Disney Plus is mainly a must have at $8 per 30 days. Hulu is a discount but it surely nonetheless is not free at $6 a month. And when you occur to need reside TV, for sports activities and information, you may shell out one other $35 to $65 or extra each month for the Sling TVs and YouTube TVs of the world.

With these charges recurring each month, the yearly price of streaming can simply high a whole lot of {dollars}. Certain you can cancel these providers anytime, however if you wish to watch nice TV, that is not an possibility. 

There is a easy hack: change the bank card you utilize to pay for streaming. The financial savings come within the type of money again, which is mainly discovered cash each time you are charged for a subscription you are already paying for.

The Apple Card, Amazon Prime Visa, American Specific’ Blue Money Most well-liked, US Financial institution Money Plus and Capital One Savor One and Savor all supply money again on choose streaming video and music providers. This is how they stack up.

Learn extra: Finest streaming service offers

Six cord-cutter playing cards in contrast

American Specific Blue Money Most well-liked Amazon Prime Rewards Visa Signature Apple Card US Financial institution Money Plus Visa Signature Capital One Savor One Rewards Capital One Savor Rewards
Annual price $95 None None None None $95
Streaming supply 6% money again on choose streaming providers 5% money again on Amazon Prime purchases, together with Prime Video Channels 3% money again on Apple purchases, together with Apple TV Channels and subscriptions made by iTunes or the App Retailer 5% money again on varied classes together with some streaming providers 3% money again on choose streaming providers 4% money again on choose streaming providers

Which one is greatest for me?

The extra eligible subscriptions you could have, the extra you save, however how a lot depends upon the place you pay for them. Some playing cards do not supply any money again on sure providers — there isn’t any 5% Netflix low cost by the Amazon Prime card, for instance. In these circumstances, the providers decide up the cardboard’s common 1% money again. 

  • The Amex Blue Money card is essentially the most versatile since it really works with almost each main streaming service (together with Netflix, Disney Plus and HBO Max), and its 6% money again is among the many highest we have seen. To comprehend the financial savings, nevertheless, it’s important to overcome its $95 annual price. Doing so is less complicated when you’re paying for lots of subscriptions, particularly costly ones like reside TV streaming. At time of publication, Amex was working a promotion that was waiving this price for the primary yr, which ought to make signing up a bit simpler. 
  • To maximise financial savings utilizing the Amazon Prime card’s 5% money again, you may wish to subscribe to providers like HBO, Starz and MLB TV by way of Amazon Prime Video Channels. Whereas it’s good to be a Prime member to get the cardboard, you do get 5% again on that $119 yearly cost when you pay for it with this card. 
  • To maximise financial savings utilizing the Apple Card’s 3% money again, it’s good to subscribe to Apple’s providers (like Apple TV Plus, Apple Music and iCloud) in addition to HBO, Showtime and others by way of the Apple TV app’s channels characteristic
  • Amongst playing cards with no annual price, the US Financial institution Money Plus Visa card affords the flexibility to decide on two classes every quarter the place you’ll be able to earn as much as 5% money again on as much as $2,000 in purchases and streaming is a type of choices. 
  • Capital One’s SavorOne Rewards card affords 3% money again on “fashionable” streaming providers together with Netflix, Hulu and Disney Plus. There isn’t any annual price for the SavorOne card, however in order for you 4% money again on streaming you’ll be able to go for the corporate’s Savor Rewards card. The latter card has increased money again for eating and leisure as properly, however there is a $95 annual price. 
  • Some playing cards, just like the Chase Freedom or Uncover It, supply completely different classes every quarter the place you’ll be able to opt-in and earn further money again. For Chase, for instance, the primary quarter of the yr supplied 5% money again on streaming providers however the the rest of the yr switched to different classes comparable to gasoline stations and grocery shops.

Your alternative in card additionally depends upon what else you purchase past streaming providers.

The American Specific card affords 6% money again on groceries and three% on gasoline, for instance, which might go a great distance towards offsetting that annual price. Amazon Prime members who’re frequent customers on Amazon.com or Complete Meals will possible profit through the use of the Prime card and switching providers like HBO or Showtime to Prime Video channels. The identical goes for many who are pleased in Apple’s system and use Apple Music and iCloud, and do not thoughts paying for HBO, Showtime or Starz by Apple TV. 

Listed below are extra particulars on all of the playing cards we in contrast.

American Specific Blue Money Most well-liked 

american-express-blue-cash-preferred-at-home-headline

American Specific’ Blue Money Most well-liked affords 6% money again on “choose” streaming providers. 


American Specific

Along with its hefty 6% money again at US supermarkets (as much as $6,000) and three% again on transit (together with gasoline stations, journey shares, public transportation and parking), Amex’s $95 annual price card has the best cash-back perk for streaming subscribers: 6% on “choose US streaming subscriptions.” 

Most of the hottest streaming video providers are eligible, together with HBO Max, Netflix, Hulu, Disney Plus, Paramount Plus, Peacock, Apple TV Plus, Showtime and Amazon Prime Video. You may also get 6% again on reside TV from Sling TV, Hulu with Stay TV, Fubo TV and YouTube TV. 

Music streamers are additionally eligible, together with Amazon Music Limitless, Apple Music, iHeartRadio, Spotify, Pandora and YouTube Music Premium are eligible too, in addition to sports activities streamers ESPN Plus, MLB.TV, NBA League Move and NHL.TV and even Amazon’s Kindle Limitless. 

Subscriptions not on American Specific’ checklist, comparable to Amazon Prime, iCloud and Xbox Stay, aren’t eligible for the boosted money again.

Although 6% does not sound like a lot, when you’re paying $14 per 30 days for Netflix, $10 for Spotify Premium and $15 for HBO Max, a easy swap of the cardboard may convey again over $28 per yr. 

The financial savings are much more pronounced when you use a streaming TV service like YouTube TV, which begins at roughly $65 per 30 days. Assuming you pay for that plus Spotify or Apple Music, you’d save round $54 per yr. 

Though this does not cowl the cardboard’s $95 annual price, it additionally just isn’t factoring within the different Amex perks for saving on groceries and transit. New customers will even be capable to get the primary yr’s price waived in addition to $150 again by assertion credit after spending $3,000 on the brand new card within the first six months. 

It’s value mentioning that these searching for a extra premium bank card can spring for American Specific’ Platinum card which affords as much as $240 per yr in “digital leisure credit score.” Whereas $20 in assertion credit for streaming providers sounds nice, for the time being the checklist of eligible corporations contains simply Peacock, Audible, SiriusXM (however not Pandora) and the New York Instances. 

Whereas this card has loads of different perks, together with providing $200 in Uber Money and a $200 “airline price credit score” annually, it additionally has a $695 annual price. That prime price and the restricted streaming choices restrict the worth it has in comparison with the opposite playing cards on this checklist. 

Amazon Prime Rewards Visa Signature

amazon-prime-visa

Amazon’s Prime Rewards Visa Signature card. 


Amazon

Amazon’s Prime Visa has no annual price for the cardboard and affords 5% money again on all purchases made on Amazon for Prime members. This works on not simply the annual Prime membership price ($119 per yr) but additionally will give 5% again on Prime Video Channels — Amazon’s service that permits you to subscribe on to providers like HBO, Showtime, Starz, CBS All Entry, MLB.TV and about 100 others.

Although this group excludes heavy hitters like Netflix and Spotify, assuming you already pay for Amazon Prime, the shortage of an annual price makes its financial savings potential that a lot better. 

The Prime Video Channel costs for HBO ($15 per 30 days), Starz ($9) and Showtime ($11) are the identical as for standalone apps like HBO Now and in step with what’s supplied from cable corporations. For those who pay for Prime and HBO, for instance, doing it by Amazon saves you roughly $15 per yr — almost sufficient for one month of HBO. 

And keep in mind, all different purchases from Amazon or Complete Meals can earn you 5% money again, whereas you may also get 2% again at gasoline stations, eating places and drugstores. 

Amazon is working a promotion the place it should embrace a $150 reward card upon approval.

Apple Card 

apple card

Apple Card is because of come out this summer season.


Screenshot by Katie Conner/CBS Interactive

Apple will give 3% money again for purchases made immediately from Apple. This contains purchases made at a bodily Apple Retailer, Apple’s web site, Apple Music, iCloud subscriptions, app purchases, in-app purchases, iTunes, App Retailer and extra. 

The Apple Card additionally pays money again on Apple TV channels. Just like Amazon Prime Video Channels, Apple TV channels embrace HBO, Showtime, Starz and extra, with the providers obtainable contained in the Apple TV app for iOS, Apple TV and most fashionable sensible TVs — in addition to different platforms together with Roku, Google TV, Android TV and Amazon Fireplace TV. 

The pricing for these providers is commonly the identical as it could be elsewhere, so subscribing to the HBO, Showtime and Starz Apple TV channels saves you $12.60 per yr. 


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Apple Card FAQ: What it’s good to know



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YouTube TV is one notable exception, with the associated fee working $55 per 30 days for a subscription created from an iOS gadget and $50 per 30 days when you enroll elsewhere (Apple takes a reduce on subscriptions made by iOS apps). 

The Apple Card does not have an annual price and the money again is day by day, versus month-to-month like conventional bank cards. Purchases made with Apple Pay additionally get you 2% money again.

One of many caveats for the Apple Card: You will want an iPhone to get it. 

US Financial institution Money Plus Visa Signature

us-bank-cash-plus

The U.S. Financial institution Money Plus card. 


U.S. Financial institution

The US Financial institution Money Plus Visa Signature card is much like the Chase Freedom or Uncover It card, in that it has no annual price and affords increased money again in several buying classes every month. In contrast to these different playing cards, with the US Financial institution card you’ll be able to decide (from a listing) which two classes earn 5% money again and which earns 2%, with all different purchases incomes 1% money again.

The 5% is for the “first $2,000 in mixed eligible web purchases in your chosen 5% classes” in every quarter, which means it can save you a most of $400 per yr by this technique, with the two% and 1% choices being “limitless.” That stated, if you wish to save on streaming, cellular phone service, utilities or groceries while not having to pay an annual price, it is a tempting supply. 

Examples of retailers and providers might be discovered on US Financial institution’s website. 

And as a Visa Signature card, it additionally contains entry to perks comparable to Visa’s Concierge service plus an additional one yr of guarantee safety on gadgets which have “eligible warranties of three years or much less.”

It doesn’t matter what card you select, the excellent news is there are many new choices that will help you get monetary savings on streaming. 

Capital One SavorOne Rewards and Savor

screen-shot-2021-06-30-at-4-38-42-pm.png

Capital One’s Savor One bank card. 


Capital One

Capital One’s SavorOne and Savor playing cards gives you some money again on streaming, with the SavorOne providing 3% again on “fashionable” streaming providers, grocery shops, eating and leisure for no annual price. 

The Savor card, in the meantime, bumps that as much as 4% for all the above classes however requires a $95 annual price. Each playing cards earn 1% money again on all different purchases and eight% again on tickets from Vivid Seats. The playing cards are Credit cards (in response to NerdWallet and WalletHub) and their perks embrace prolonged guarantee protections, no overseas transaction charges and journey accident insurance coverage. 

What qualifies as a “fashionable” streaming service, nevertheless, is not clear. Capital One says within the FAQ on its web site that Netflix, Hulu and Disney Plus are eligible, however that Prime Video, AT&T TV and Verizon Fios On Demand aren’t. It additionally will not work with “audiobook subscription providers and health programming.” 

The corporate doesn’t seem to have a complete checklist on its web site, but it surely tells CNET that Netflix, Hulu and Disney Plus subscriptions are eligible. Among the many excluded choices are subscriptions to providers like Amazon Prime Video, AT&T TV and Verizon Fios On Demand in addition to subscriptions to audiobook providers or health applications. 

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