Hey there, binge-watchers and music lovers! Whether you’re catching up on the latest TV series, diving into a new movie, or streaming your favorite tunes, those monthly subscription costs can add up. But what if I told you that your credit card could help you save on these streaming services? Today, we’re diving into the best credit cards for streaming service discounts. Get ready to discover how you can maximize your entertainment budget and enjoy your favorite shows and music for less. Let’s get started!
Why Use Credit Cards for Streaming Services?
Before we dive into the best cards, let’s talk about why using a credit card for streaming services is a smart move. Here are a few reasons:
- Cash Back and Rewards: Many credit cards offer cash back or points for purchases in specific categories, including streaming services.
- Promotions and Offers: Some credit cards run special promotions that can save you even more on your subscriptions.
- Convenience: Using a credit card to pay for your subscriptions is convenient and often comes with additional purchase protections.
Top Credit Cards for Streaming Service Discounts
Now, let’s get to the good stuff. Here are some of the best credit cards you should consider for streaming service discounts in 2024:
1. Blue Cash Preferred Card from American Express
The Blue Cash Preferred Card from American Express is a standout choice for streaming service discounts. This card offers an impressive 6% cash back on select U.S. streaming subscriptions. This category includes popular services like Netflix, Hulu, Disney+, Spotify, and more. Plus, you get 6% cash back on U.S. supermarkets (up to $6,000 per year), 3% on U.S. gas stations and transit, and 1% on other purchases. There’s a $95 annual fee (waived the first year), but the high cash back rates can easily offset this cost if you’re a heavy streamer.
2. Wells Fargo Active Cash Card
The Wells Fargo Active Cash Card is an excellent no-annual-fee option that offers 2% unlimited cash rewards on purchases, including streaming services. While it doesn’t have a specific bonus category for streaming, the 2% cash back on all purchases makes it a versatile and straightforward choice for those who want to earn consistent rewards across the board.
3. American Express Gold Card
The American Express Gold Card offers 4x points on dining and 3x points on flights booked directly with airlines or on amextravel.com. Additionally, cardholders can earn up to $120 in dining credits annually (up to $10 per month) at select partners, including Grubhub, Seamless, and more. While it doesn’t offer direct cash back on streaming services, the rewards you earn on other purchases can help offset your entertainment costs.
The Chase Freedom Flex is another excellent card that offers 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Streaming services often appear as one of these rotating categories, making it a great option if you time your subscriptions with the bonus periods. You also earn 5% on travel purchased through Chase Ultimate Rewards, 3% on dining and drugstores, and 1% on all other purchases.
5. Citi Custom Cash Card
The Citi Custom Cash Card offers 5% cash back on your top eligible spend category each billing cycle, up to the first $500 spent. This means if streaming services are your highest expense for the month, you’ll earn 5% cash back on those purchases. This card has no annual fee, making it a flexible option for maximizing rewards based on your spending habits.
How to Maximize Your Rewards
Choosing the right card is just the first step. Here are some tips to help you maximize your rewards when paying for streaming services:
Set Up Automatic Payments
Ensure you never miss a payment and always earn rewards by setting up automatic payments for your streaming services. This way, you can consistently earn cash back or points without any extra effort.
Track Bonus Categories
For cards with rotating categories like the Chase Freedom Flex, make sure you activate the bonus categories each quarter. It’s a simple step that ensures you’re earning the maximum cash back possible when streaming services are included.
Combine Rewards with Promotions
Keep an eye out for special promotions or discounts offered by your streaming services or credit card issuer. Sometimes, you can stack these offers to save even more.
Use Multiple Cards Strategically
If you have several credit cards, use the one that offers the highest rewards for streaming services. For example, if your Citi Custom Cash Card offers 5% cash back on streaming one month, use that card. If your Blue Cash Preferred Card from American Express offers 6%, switch to that one.
Redeem Rewards for Statement Credits
Many credit cards allow you to redeem your cash back or points as statement credits, which can directly offset your streaming service costs. Check your card’s rewards portal for the best redemption options.
Additional Benefits to Look For
While maximizing rewards is great, don’t forget to consider additional benefits that can enhance your overall experience:
Purchase Protection
Some credit cards offer purchase protection for eligible purchases, which can cover your streaming service subscriptions in case of unauthorized charges.
Extended Warranty
Certain cards extend the warranty on purchases, which can include streaming devices like smart TVs, tablets, or streaming sticks.
No Foreign Transaction Fees
If you travel frequently and use streaming services abroad, look for cards with no foreign transaction fees to avoid extra charges.
Conclusion
There you have it, entertainment enthusiasts! By choosing the right credit card, you can make your streaming service subscriptions more rewarding and cost-effective. Whether you’re a movie buff, a TV show addict, or a music lover, there’s a card out there that can help you save on your favorite streaming services.
Remember to set up automatic payments, track bonus categories, and combine rewards with promotions to maximize your savings. Happy streaming, and may your entertainment budget be ever in your favor!
Disclaimer: The information provided on Finance and Finds (financeandfinds.com) is for general informational purposes only and does not constitute financial, investment, legal, or tax advice. Always consult with a professional advisor before making financial decisions. Finance and Finds may contain affiliate links, meaning we may earn a commission at no additional cost to you. We do not guarantee the accuracy or completeness of information on this site or linked sites.
