BACK

David Prado Perucha / Shutterstock

Products

Best credit cards for streaming services

Stockpile points on your next movie binge

Summary

Though it’s probably not where you spend the most money, streaming services can be a great way to earn a little extra in rewards – if you choose the right card.

The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Please review our list of best credit cards, or use our CardMatch™ tool to find cards matched to your needs.

Catching your favorite show or movie via streaming service is commonplace in this day and age – especially during the COVID-19 pandemic – and doing so using a smart device other than a standard computer has gained popularity in recent years.

In fact, 2020 data out of the Leichtman Research Group found that 80% of T.V.-owning households in the U.S. have at least one internet-connected T.V. device – from streaming devices like the Roku Streaming Stick to video game consoles like Nintendo Switch to standard smart T.V.s. And with the uptick in internet-connected T.V. devices, one can assume the popularity of streaming services (coupled with Americans’ ever-heightening presence online) may have something to do with it.

As the popularity of streaming services grows, U.S. households are increasingly cutting the cord with cable

Research published as recently as this year by the Leichtman Research Group indicates that “82% of U.S. households have at least one streaming video service” from 11 of the top direct-to-consumer and subscription-based video-on-demand services – a slight increase from its 2019 findings.

At the same time, numerical estimates from eMarketer forecast that an additional 6.6 million U.S. households will “cut the cord” with cable T.V. subscriptions in 2021, bringing the projected total number of U.S. cord-cutters to 31.2 million.

Overall, it can be inferred that the COVID-19 pandemic could have something to do with these numbers as Americans look for more ways to stay entertained while under stay-at-home orders.

Got streaming subscriptions? A rewards card can help

If you happen to be juggling streaming service subscriptions for personal use – or even to stream calming tunes at your small business or within your (virtual) second-grade classroom, for example – odds are you’re spending a decent amount on these services per month. And while financial tools like a rewards credit card can be helpful, streaming services probably aren’t the first bonus category you check for when scoping out the most “rewarding” card options.

Since these purchases likely make up less of your budget, it makes sense that they won’t be your first priority. Thankfully, though, many great rewards and cash back credit cards now include streaming service bonuses in addition to their ongoing rewards and perks. Here’s a quick look at some of our favorite cards that reward streaming.

Best for earning rewards on streaming (no annual fee): Wells Fargo Propel

For cardholders who prefer a rewards card with no annual fee, the Wells Fargo Propel American Express card is a great option. It offers 3X points per dollar on dining, travel and transit, gas station purchases and select streaming services. Cardholders also earn 1X point per dollar on other purchases. Based on the average person’s spending habits, we estimate this card offers an average rewards rate of 1.78 points per dollar, one of the highest rates you can find on a card with no annual fee.

Wells Fargo Propel American Express® card*

Wells Fargo Propel American Express Card

Why should you get this card?

The Wells Fargo Propel card is one of the best no-annual-fee travel cards on the market, thanks to its 3X point bonus.

Read full review

Other things to know:

  • 3X points per dollar on dining, travel and transit, gas station purchases and select streaming services; 1X point per dollar on other purchases
  • 20,000 points if you spend $1,000 in first 3 months
  • $0 annual fee
  • No foreign transaction fee

If you were to spend $29 a month on streaming services, you’d earn 1,044 points annually with this card. That’s just over $10 a year in cash back from streaming purchases.

Streaming services eligible for bonus rewards on Wells Fargo Propel

This card’s video streaming service category includes a number of popular providers. Eligible partners include Netflix, Hulu, Amazon Prime, Disney+, HBO Now and more. You can also earn rewards on eligible music streaming services, including Apple Music, Spotify Premium and Pandora. With so many providers included, it’s easy to rack up points on your subscriptions.

Other card perks to consider

Beyond offering a good rate on streaming services, the Wells Fargo Propel comes with several other perks that make it a valuable option. New cardholders can enjoy a generous sign-up bonus of 20,000 points for spending $1,000 in the first three months. Plus, the Propel card’s bonus categories are particularly valuable for frequent travelers, as they include gas stations, transit, travel and dining purchases.

Best for earning rewards on streaming (with an ongoing annual fee): Blue Cash Preferred

The Blue Cash Preferred Card from American Express is a great choice for cardholders looking to earn cash back on streaming service purchases, and the card’s terrific ongoing rewards rate should make it easy to offset the $95 annual fee after the first year.

You’ll earn 6% cash back on U.S. supermarket purchases (for up to $6,000 per year in purchases, then 1%), 6% cash back on select U.S. streaming subscriptions, 3% on transit and U.S. gas station purchases, and 1% on general purchases.

Blue Cash Preferred® Card from American Express

Blue Cash Preferred Card from American Express

Why should you get this card?

The Blue Cash Preferred card helps take the sting out of long commutes by offering a generous point bonus on U.S. gas station spending, and it offers one of the highest cash back bonuses you can get when you use your card at U.S. supermarkets.

Read full review

Other things to know:

  • 6% cash back on select U.S. streaming subscriptions, 6% cash back at U.S. supermarkets (up to $6,000 in purchases per year, then 1%), 3% cash back at U.S. gas stations and on transit purchases and 1% cash back on other purchases
  • $150 statement credit if you spend $3,000 in first 6 months
  • 20% back on Amazon.com purchases in first 6 months, up to $200 back
  • Free ShopRunner membership
  • $95 annual fee is waived the first year
  • Terms apply

The 6% cash back on streaming services is the most generous bonus on this category currently available among rewards cards – especially since there is no cap on how much you can earn. If, like the average person, you pay about $29 each month on various services, you can earn more than $20 a year in cash back on those purchases alone.

Streaming services eligible for cash back on Blue Cash Preferred

The Blue Cash Preferred card also boasts a robust list of eligible streaming services, including popular options like Apple TV+, Netflix, Hulu, SlingTV, Spotify and Disney+, as well as HBO Max.

Keep in mind, however, that according to Amex, “If your subscription is bundled with another product or service or billed by a third party (such as a digital platform, a cable, telecommunications, or internet provider or a car manufacturer), your purchase may not be eligible.”

In other words, if you have an add-on subscription to a service like HBO included as part of your cable service, you won’t earn bonus rewards even if you pay that bill with the Blue Cash Preferred.

Other card perks to consider

On top of the highest rate of cash back currently available for streaming services, the Blue Cash Preferred offers a top-tier rate on U.S. supermarket purchases (6% on up to $6,000 in purchases a year, then 1%). If you spend a lot on groceries each month, this card is one of the most rewarding options available. Even with the $6,000 per year spend cap, you can rack up quite a bit of cash back.

Best for rotating category enthusiasts: Discover it Cash Back

If you enjoy tracking quarterly rotating categories for higher cash back rates, the Discover it Cash Back might be your card of choice. The Discover it Cash Back publishes its quarterly rotating categories ahead of time.

In 2021, the Spring (April to June, activate starting March 1, 2021) categories include select streaming services. During the Spring quarter, if activated, you can earn 5% cash back on up to $1,500 in purchases per quarter in the bonus categories, then 1% after that. If you miss the Spring bonus quarter this year, keep an eye out to see if it’s offered again next year.

Discover it® Cash Back

Discover it® Cash Back

Why should you get this card?

The Discover it® Cash Back offers rotating quarterly rewards category, plus no annual fee.

Read full review

Other things to know:

  • Enroll every quarter to earn 5% cash back on up to $1,500 in purchases in various categories throughout the year
  • 1% cash back on general purchases
  • $0 annual fee

Streaming services eligible for cash back on Discover it Cash Back

The following streaming services are eligible in this category: Apple Music and Apple TV+, YouTube TV, Spotify, Disney+, HBO Max, AT&T TV Now, HBO Max, Hulu, Netflix, Pandora, BET+, CBS All Access, DAZN, ESPN+, Fubo TV, Google Play Movies & TV, Philo, Peacock TV, Showtime, Sirius XM, Starz, Sling and Vudu.

Note that if your subscription is bundled with another product or service billed by a third party, it may not be eligible in this category. The same goes for add-ons on select streaming services if they aren’t on the list of eligible services.

Other card perks to consider

The Discover it Cash Back card offers other great perks, including a sign-up bonus that matches your cash back at the end of your first year of card membership. In addition, it comes with a $0 annual fee and multiple easy options for how you can redeem your rewards.

Best for Amazon Prime Video loyalists: Amazon Prime Rewards card

The Amazon Prime Rewards Visa Signature card is designed with Amazon fans in mind, making it one of the best options if your streaming service of choice is Amazon Prime Video. The card earns 5% cash back on Amazon.com and Whole Foods purchases (including your Amazon Prime membership), 2% cash back on restaurant, gas station and drugstore purchases, and 1% cash back on everything else. In order to qualify for the card, an Amazon Prime membership is required – but the card’s 5% rewards rate can help offset the fee.

Amazon Prime Rewards Visa Signature card

Amazon Prime Rewards Visa Signature Card

Why should you get this card?

The Amazon Prime Rewards Visa Signature card offers a great 5% rate on Amazon and Whole Foods purchases.

Read full review

Other things to know:

  • 5% cash back on Amazon and Whole Foods purchases, 2% back on restaurant, gas station and drugstore purchases. and 1% back on other purchases
  • $70 Amazon gift card when you sign up
  • No foreign transaction fees

Streaming services eligible for cash back on Amazon Prime Rewards Visa Signature

While Amazon Prime is technically the only streaming platform eligible for rewards, the Amazon Prime Rewards card should prove surprisingly flexible if you want to juggle multiple subscriptions. In addition to your Prime membership (which includes Prime Video and Amazon Music), you’ll earn 5% back on all Prime Video rentals and purchases, as well as on any subscriptions you add to your membership through Amazon Prime Video Channels.

With Amazon Prime Video Channels, you can choose from more than 100 add-on video subscriptions, including premium channels like HBO and niche channels like PBS Masterpiece. Here is a brief selection of Prime Video Channels, all of which earn 5% back when added to your Prime Video account:

  • Acorn TV
  • BET+
  • BritBox
  • Cheddar
  • Cinemax
  • Epix
  • Hallmark Movies Now
  • HBO
  • Lifetime Movie Club
  • MLB.TV
  • NBA League Pass
  • Paramount+
  • PBS Masterpiece
  • PBS Kids
  • Showtime
  • Starz
  • Shudder
  • Sundance Now

To earn rewards on these add-on subscriptions and any video rentals or purchases, be sure your Amazon Prime Rewards card is set as your default payment method for Prime Video. You can adjust this setting in the “Your Payments” section of your account, under “Settings” – or change your payment method for Prime Video Channels in the “Manage Your Prime Video Channels” section of your account.

Other card perks to consider

The Amazon Prime Visa also makes a great grocery card for users who live near a Whole Foods location. The 5% cash back you earn on these purchases is one of the best grocery rates available. Additionally, you’ll get a $70 Amazon gift card just for signing up. While this is not the highest sign-up bonus available among rewards cards, it doesn’t require you to meet any spend requirement, and you’ll be able to take advantage of the perk immediately.

Best for everyday spending: U.S. Bank Altitude Go Card

If you want to earn rewards on an array of everyday expenses, including streaming services, the U.S. Bank Altitude Go Card is a terrific option without paying an annual fee. Along with the 4X points per dollar you’ll earn on takeout, dining and food delivery purchases, you’ll earn 2X points per dollar at grocery stores, grocery delivery, gas stations and streaming services, then 1X point per dollar on all other eligible purchases.

U.S. Bank Altitude Go Card

Amazon Prime Rewards Visa Signature Card

Why should you get this card?

It charges no annual fee, offers an impressive rewards rate on a variety of everyday purchases and comes with the added perk of an annual streaming credit.

Read full review

Other things to know:

  • 4X points per dollar on dining, 2X points per dollar on grocery store, gas station and streaming service purchases, then 1X point per dollar on other purchases
  • 20,000-point bonus when you spend $1,000 in first 90 days
  • Includes an introductory APR on balance transfers and new purchases
  • No annual fee

On top of its ongoing rewards on streaming service purchases, the card offers a unique annual streaming credit: When you make 11 consecutive calendar month eligible streaming service purchases, you’ll receive a $15 credit (automatic statement credit will be applied within two statement billing cycles following the eleventh month; you are eligible for this credit once per 12-month period).

Streaming services eligible for bonus rewards and credit on U.S. Bank Altitude Go Card

While U.S. Bank does not offer a full list of eligible streaming services, it’s safe to assume based on how merchant category codes are typically assigned that services like Amazon Music, Apple Music, AT&T TV Now, Disney+, Google Music, Hulu, Netflix, Pandora, SiriusXM, Slacker Radio, Sling TV, Spotify, Tidal, Vudu, YouTube Music and YouTube TV are included.

Other card perks to consider

One of the most compelling perks of the Altitude Go Card is that it offers an instant card number on approval. As soon as you’re approved, you can load your card number into your favorite mobile wallet and start earning rewards instead of waiting for it in the mail. You can also use the card to pay off a transferred balance or finance new purchases – a major plus considering how difficult balance transfer offers can be to come by.

Final thoughts

While streaming services like Netflix, Amazon Prime, YouTube TV or Tidal might not make up the biggest part of your monthly budget, you can still bring in great rewards on your membership fees by choosing the right rewards card. Whether you prefer a dining, grocery or travel card, you can combine rewards on various purchases with a streaming bonus to maximize points or cash back.

*All information about the Wells Fargo Propel American Express card has been collected independently by CreditCards.com and has not been reviewed by the issuer.

Editorial Disclaimer

The editorial content on this page is based solely on the objective assessment of our writers and is not driven by advertising dollars. It has not been provided or commissioned by the credit card issuers. However, we may receive compensation when you click on links to products from our partners.

What’s up next?

In Products

What credit score do you need for the Amex Blue Cash Preferred?

The Blue Cash Preferred Card from American Express earns high cash back rates at U.S. supermarkets and gas stations and select U.S. streaming services. Keep reading to learn what credit score you need to get approved and how you can improve your chances.

See more stories
Credit Card Rate Report
Business
14.22%
Airline
15.53%
Cash Back
16.03%
Reward
15.84%
Student
15.98%

Questions or comments?

Contact us

Editorial corrections policies

Learn more