Spotify may be the leading music streaming service but it has to always be on its toes as competition from the likes of Apple Music is not going away. The company has announced a new partnership with Capital One this morning which is going to offer all Spotify subscribers in the United States discounted premium subscriptions. The only requirement here is that they have to be a Capital One customer. If they’re not, they can’t take advantage of the discounted subscription.

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Spotify’s new partnership with Capital One will enable users who pay with a Capital One Quicksilver or QuicksilverOne card to get half off the price of a premium membership. This partnership has been inked for one full year.

So all subscribers who take advantage of this promotion will be able to lock in the half-off price until April 30th, 2018. The discount is going to be applicable on all Premium tier memberships offered by Spotify. The standard Premium tier offered by Spotify costs $9.99 per month.

At this rate, subscribers pay $120 for a full year of Spotify Premium. So if they decide to pay using any of the Capital One cards mentioned above, they will essentially save $60 in one year. The savings can be as high as $90 if they are paying for a Spotify Premium Family membership.

Any and all Capital One customers who don’t already subscribe to Spotify will receive a free, three-month Spotify trial as well before they’re automatically subscribed.

Spotify will bill them at the standard rate but Capital One is going to apply the discount as a statement credit. Capital One customers can now head over to the dedicated promotion page on Spotify’s website to sign up.

Filed in General. Read more about Music Streaming and Spotify.

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