Our top picks of timely offers from our partners

More details
Chase Sapphire Preferred® Card
Learn More
Terms Apply
New 100K bonus point offer - highest bonus ever offered for the card!
Blue Cash Preferred® Card
Learn More
Terms Apply
$150 offer and, in the first 6 months, 20% back at Amazon.com, up to $200 back
Chase Freedom Unlimited®
Learn More
Terms Apply
$200 bonus offer, no annual fee, and earn cash back for every purchase
The Platinum Card® from American Express
Learn More
Terms Apply
Earn 100K points plus, access to valuable travel benefits
Chase Slate Edge℠
Learn More
Terms Apply
New card with no annual fee, $100 bonus offer, and you can reduce your APR after meeting requirements
Select’s editorial team independently created this content. We may receive a commission from affiliate partner links. Click here to read more about Select. Click here to read our full advertiser disclosure.
Getty Images
Credit Cards

Best credit cards for streaming services of August 2021

We analyzed popular credit cards that offer bonus rewards on streaming services using an average American's annual spending budget and digging into each card's perks and drawbacks to find the best credit cards based on your spending habits.

Share
Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We may receive a commission when you click on links for products from our affiliate partners.

Whether you binge watch the latest season of your favorite show, like Pose, in one sitting or stream movies, you likely pay for at least one streaming subscription.

And every week there seems to be a new streaming service available to consumers, with the recent launch of Apple TV+ and Disney+, not to mention mainstays such as Netflix and Hulu. The cost of all these streaming subscriptions can add up, but if you use the right rewards credit card, you can earn cash back or points that can help offset some of the price of streaming your favorite content.

There are hundreds of cards available, all offering a wide range of perks, which can make it hard to find the best card for streaming services. To help you find the right card, we narrowed down 111 popular rewards cards to those that offer bonus rewards for streaming subscriptions. (See our methodology for more information on how we choose the best cards.)

Here are Select's picks for the top credit cards for streaming service rewards, ranked from highest to lowest rewards rate on eligible streaming services.

Blue Cash Preferred® Card from American Express

On the American Express secure site
  • Rewards

    6% cash back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%), 6% cash back on select U.S. streaming subscriptions, 3% cash back at U.S. gas stations, 3% cash back on transit including taxis/rideshare, parking, tolls, trains, buses and more and 1% cash back on other purchases. Cash Back is received in the form of Reward Dollars that can be redeemed as a statement credit.

  • Welcome bonus

    Earn 20% back on Amazon.com purchases on the card within the first six months of membership, up to $200 back. Plus, earn a $150 statement credit after you spend $3,000 in purchases on your new card within the first six months from account opening

  • Annual fee

    $0 introductory annual fee for the first year, then $95

  • Intro APR

    0% for the first 12 months on purchases, N/A for balance transfers

  • Regular APR

    13.99% to 23.99% variable

  • Balance transfer fee

    N/A

  • Foreign transaction fee

    2.7%

  • Credit needed

    Excellent/Good

Pros

  • High 6% cash back at U.S. supermarket spending (up to $6,000 a year, then 1%)
  • Unlimited 6% cash back on select U.S. streaming subscriptions
  • Unlimited 3% cash back at U.S. gas stations and on transit

Cons

  • 2.7% fee on purchases made abroad
  • Estimated rewards earned after 1 year: $679
  • Estimated rewards earned after 5 years: $2,397

Rewards totals incorporate the cash back earned from the welcome bonus

Who's this for? If you prefer to Netflix and chill instead of going out on a Friday night, the Blue Cash Preferred® Card from American Express can earn you the most cash back on select U.S. streaming subscriptions at 6%.

There are 28 streaming subscriptions that qualify for 6% cash back, including popular services like Netflix, Hulu, Spotify, Apple Music, Disney+ and Prime Video, as well as services that are typically not included among other cards, such as ESPN+, Audible and YouTube.

Cardholders can also earn 6% cash back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%), unlimited 3% cash back at U.S. gas stations and on transit-related purchases, such as tolls, parking, buses and rideshares, and 1% cash back on all other purchases.

Additional perks include money-saving Amex Offers, which provide discounts and extra points at participating retailers. These limited-time offers are location-based and additional terms apply.

This card has a $0 introductory annual fee for the first year, then $95 (see rates and fees), but it can be offset by the cash back you earn and discounts you can get through the Amex Offers.

U.S. Bank Cash+™ Visa Signature® Card

Information about the U.S. Bank Cash+™ Visa Signature® Card has been collected independently by Select and has not been reviewed or provided by the issuer of the card prior to publication.
  • Rewards

    5% cash back on two categories you choose quarterly (on your first $2,000 in combined eligible net purchases each quarter, then 1%); 2% cash back on one everyday category; 1% cash back on everything else

  • Welcome bonus

    $200 after you spend $500 within the first 90 days of account opening

  • Annual fee

    $0

  • Intro APR

    0% APR for the first 12 billing cycles on balance transfers

  • Regular APR

    13.99% to 23.99% variable*

  • Balance transfer fee

    3%, minimum $5

  • Foreign transaction fee

    2% to 3%

  • Credit needed

    Excellent/Good

*See rates and fees and our methodology, terms apply.

Pros

  • No annual fee
  • High 5% cash back on select entertainment purchases, when you activate bonus categories
  • Low spending required to earn a good welcome bonus

Cons

  • 5% cash back is limited to $2,000 in combined purchases each quarter
  • Activation is required to earn 5% cash back
  • 2% to 3% foreign transaction fee
  • Estimated rewards earned after 1 year: $478
  • Estimated rewards earned after 5 years: $1,790

Rewards totals incorporate the points earned from the welcome bonus

Who's this for? The U.S. Bank Cash+™ Visa Signature® card offers the highest rewards rate on select entertainment purchases: 5% cash back. Cardholders can choose to earn 5% cash back on two bonus categories each quarter, on your first $2,000 in combined eligible net purchases, then 1%.

There are currently two entertainment-related categories that earn 5% cash back: movie theaters and TV, along with internet and streaming services, which includes 15 providers such as Comcast, Apple Music and Hulu. You can choose both categories every quarter to maximize cash back.

You also get 2% cash back on one everyday category, such as grocery stores or gas stations, and 1% cash back on all other purchases. Cardholders can update their preferences every quarter, so you can change categories based on your needs.

This card also comes with no annual fee and a generous welcome bonus of $200 after you spend $500 within the first 90 days of account opening, which is like earning 30% cash back. You can also enjoy no interest on balance transfers for 12 billing cycles (after 13.99% to 23.99% variable APR), so if you have high interest debt to pay off, this may be the card for you. 

Amazon Prime Rewards Visa Signature Card

Information about the Amazon Prime Rewards Visa Signature Card has been collected independently by Select and has not been reviewed or provided by the issuer of the card prior to publication.
  • Rewards

    5% cash back at Amazon.com and Whole Foods Market; 2% back at restaurants, gas stations and drugstores; 1% back on all other purchases

  • Welcome bonus

    $150 Amazon.com gift card upon approval

  • Annual fee

    $0 (but Prime membership is required)

  • Intro APR

    None

  • Regular APR

    14.24% to 22.24% variable

  • Balance transfer fee

    5%, $5 minimum

  • Foreign transaction fee

    None

  • Credit needed

    Excellent/Good

See our methodology, terms apply.

Pros

  • No annual fee
  • $150 Amazon.com gift card upon approval, with no spending requirements
  • 5% back at Amazon.com and Whole Foods Market
  • No fee charged on purchases made outside the U.S.

Cons

  • Prime membership is required
  • The 5% back on groceries only applies to groceries bought on Amazon.com or at Whole Foods Market
  • Estimated rewards earned after 1 year: $590
  • Estimated rewards earned after 5 years: $2,352

Rewards totals incorporate the points earned from the welcome bonus

Who's this for? Frequent shoppers on Amazon and at Whole Foods Market will want to look into the Amazon Prime Rewards Visa Signature Card. All purchases made by Prime members at Amazon and Whole Foods Market get a robust 5% cash back. You can use this card to pay for your Prime membership (which includes Prime Video) and earn 5% cash back. This card also offers a $150 Amazon.com gift card upon approval as a one-time bonus.

In addition to the generous 5% cash back at those two retailers, the card gives users 2% back on purchases made at restaurants, gas stations and drugstores and 1% back on all other purchases. Take note that the only subscription service earning bonus rewards is Prime Video. All other streaming services earn 1% back.

As the name implies, you must have an eligible Prime membership to apply for this card ($119 for an annual membership and $12.99 for a monthly membership). If you don't, opt for the Amazon Rewards Visa Signature Card, which doesn't require a Prime membership and still offers 3% cash back at Amazon and Whole Foods.

Learn more:

Best credit cards for streaming services

Credit Card Estimated rewards earned after 5 years
Blue Cash Preferred® Card from American Express$2,437
U.S. Bank Cash+™ Visa Signature®$1,790
Amazon Prime Rewards Visa Signature Card$2,272

Our methodology

To determine which cards offer the best value, Select analyzed popular credit cards offered by the biggest banks, financial companies and credit unions that allow anyone to join and offer bonus rewards on streaming services. Bonus rewards means a cardholder earns at least 2% or 2 points per dollar in a given category. In this case, streaming services.

We compared each card on a range of features, including cash-back rewards, welcome bonus, introductory and standard APR, balance transfer fee and foreign transaction fees, as well as factors such as required credit score and customer reviews when available. We also considered additional perks, the application process and how easy it is for the consumer to redeem points.

Select teamed up with location intelligence firm Esri. The company's data development team provided the most up-to-date and comprehensive consumer spending data based on the 2019 Consumer Expenditure Surveys from the Bureau of Labor Statistics. You can read more about their methodology here.

Esri's data team created a sample annual budget of approximately $22,126 in retail spending. The budget includes six main categories: groceries ($5,174), gas ($2,218), dining out ($3,675), travel ($2,244), utilities ($4,862) and general purchases ($3,953). General purchases include items such as housekeeping supplies, clothing, personal care products, prescription drugs and vitamins, and other vehicle expenses.

Select used this budget to estimate how much the average consumer would save over the course of a year, two years and five years, assuming they would attempt to maximize their rewards potential by earning all welcome bonuses offered and using the card for all applicable purchases. All rewards total estimations are net the annual fee.

It's important to note the value of a point or mile varies from card to card and based on how you redeem them. When we calculated the estimated returns, we assumed that cardholders are redeeming points/miles for a typical maximum value of 1 cent per point or mile. (Extreme optimizers might be able to achieve more value.)

Our final picks are weighted heavily toward the highest five-year returns, since it's generally wise to hold onto a credit card for years. This method also avoids giving an unfair advantage to cards with large welcome bonuses.

While the five-year estimates we've included are derived from a budget similar to the average American's spending, you may earn a higher or lower return depending on your spending habits.

Don't miss: Experian Boost now lets you add on-time Netflix payments to raise your credit score

For rates and fees of the Blue Cash Preferred® Card, click here.

Editorial Note: Opinions, analyses, reviews or recommendations expressed in this article are those of the Select editorial staff’s alone, and have not been reviewed, approved or otherwise endorsed by any third party.