Paramount Plus: Plans, Costs & More

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Paramount Plus, a subsidiary of CBS, is one of the top-rated on-demand and live TV streaming services of 2022. It features various network TV content, such as CBS, BET, MTV, Comedy Central and Nickelodeon. 

Read: 3 Easy Tips to Turn Your Credit Woes into Wows

So how much is Paramount Plus and is it worth it? Continue reading to find out more about Paramount Plus, its costs, features and more to decide if it’s the right streaming service for you.

How Much Is Paramount Plus?

The base plan with ads is priced at $4.99 per month and includes live-streamed local NFL games on CBS. Subscribers who prefer an ad-free streaming experience can pay $9.99 monthly for the Premium plan. With this plan, customers can also download programs to view offline. Annual paying customers are billed only $4.17 per month for the Essential package and $8.33 for the Premium option. Subscribers can also change or cancel plans anytime, and new subscribers can choose a free trial for seven days.

What Is Included in the Paramount Plus Package?

The Paramount Plus Premium Plan offers more than the Essential Plan and seems to be the better value. Here’s how they compare.

Essential Plan for $4.99 per month after a one-week free trial:

  • Around-the-clock live CBS News
  • Wide variety of television episodes and movies
  • Minimal ads
  • Live Championship soccer games
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Premium Plan for $9.99 per month after a one-week free trial:

  • Offline viewing with downloadable shows
  • Wide variety of television episodes and movies
  • No ads except during live TV shows
  • Live Championship soccer games and other sports
  • Live local CBS programming 
  • Live NFL games on CBS
  • Around-the-clock live CBS News

How To Sign Up for Paramount Plus

There are three steps in subscribing to the Paramount Plus Essential or Premium plans:

  1. On the Paramount Plus website, navigate to the Pick Your Plan page.
  2. Select the Essential or the Premium Plan. Be sure to choose your payment frequency — either monthly or annual.
  3. Create an account. Enter some personal information such as your full name, email, zip code, etc.

Creating an account allows Paramount Plus to show subscribers recommendations based on personal preferences. They can also pick up watching a show from where they left off on any supported device.

What Can You Watch on Paramount Plus?

Paramount Plus offers entertainment galore, such as: 

  • Exclusive shows and movies
  • Fan-favorite original programming
  • First-run movies
  • Live action sports from the NFL, SEC and UEFA
  • Child-friendly animated movies and TV series

Good To Know

Paramount Plus is family-friendly. Users can stream simultaneously on up to three devices, and each family member can create a separate profile.

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Where Can I Watch Paramount Plus? 

You can watch popular shows on networks such as Comedy Central, MTV, CBS and Nickelodeon with Paramount Plus from just about any location worldwide. Paramount Plus is available on:

  • Apple TV channel
  • Paramountplus.com
  • Prime Video
  • iPhone or iPad
  • Roku
  • Apple TV — 4th or later generation
  • Android TV, phone or tablet

Are There Any Other Ways To Save With Paramount Plus?

Here are a few ways to cut your monthly subscription cost with Paramount Plus:

  • Rakuten: If you have an account with Rakuten, you can get up to $4.50 cash back for signing up for one of the Paramount Plus streaming service plans. All you have to do is activate the offer on your browser extension or go to Rakuten’s website to accept and activate the offer. 
  • Student discount: Students can get a 25% discount on a Paramount Plus subscription. Verify your student credentials by providing your name, email address, birth date and university name. Only college or university students currently enrolled at an accredited, Title IV or higher educational institution are eligible for the 25% discount.
  • T-Mobile: Through Feb. 28, 2023, T-Mobile is offering eligible T-Mobile and Sprint wireless customers a free one-year “Paramount Plus On Us” Essential monthly plan. This offer does not include the Showtime bundle. Existing Paramount Plus subscribers on a different plan from Essential can find instructions on redeeming the T-Mobile offer on the Paramount Plus website.

Can You Bundle With Paramount Plus?

Subscribers can currently bundle Paramount Plus with Showtime at $11.99 per month. Showtime offers original hit movies, sports, series and documentaries. You can bundle Showtime with your Paramount Plus subscription when you sign up. 

Can I Switch My Paramount Plus Plan?

Switching Paramount Plus plans is relatively easy and can be done by logging into your account and selecting “Change Your Plan.” But keep in mind, if you switch during a free trial, you’ll be billed immediately and forfeit the remaining trial time.

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How Can I Cancel My Paramount Plus Subscription?

The steps for canceling a Paramount Plus subscription will vary by platform. For example, to cancel on an Android device:

  1. Go to g.co/play/subscriptions.
  2. Select the subscription to be canceled.
  3. Select “Cancel subscription.”
  4. Follow the prompts to cancel.

Final Take

Is it worth getting Paramount Plus? A Paramount Plus Essential plan will cost you about $50 a year, while the Premium Plan will set you back about $100 a year. If you’re looking to save money on entertainment costs, Paramount Plus might be a good alternative to cable TV.

Paramount Plus fares well over other popular streaming services like Hulu, Netflix and Disney Plus. The starting monthly price for each of these services is approximately $7, $10 and $8, respectively.

Paramount Plus FAQ

Here are the answers to some commonly asked questions about Paramount Plus.
  • Is Paramount Plus free with Amazon Prime?
    • Paramount Plus is available on Amazon Prime Video to Amazon Prime members. The same plans and costs apply with a free seven-day trial and live TV options.
  • What's the difference between Paramount and Paramount Plus?
    • Paramount Plus is a streaming service that includes content from Paramount's content library. However, that is different from Paramount Network, which you can find on live TV streaming services.
  • Does Paramount Plus have all Paramount movies?
    • Not yet — but Paramount Plus says that beginning in 2024, all new Paramount Pictures movies will be available for streaming on Paramount Plus once they are no longer being shown in theaters.
  • Where can I get a Paramount Plus gift card?
    • You can purchase Paramount Plus gift cards online and in-store at various popular retail outlets such as BestBuy, Walmart, GameStop and Sam's Club.
  •  How do I get Paramount Plus for free?
    • If you are a new subscriber, you can choose a free trial for seven days while signing up for your plan. T-Mobile is also offering eligible T-Mobile and Sprint wireless customers a free one-year "Paramount Plus On Us" Essential monthly plan through Feb. 28, 2023. This offer does not include the Showtime bundle. Existing Paramount Plus subscribers on a different plan from Essential can find instructions on redeeming the T-Mobile offer on the Paramount Plus website.

Bob Haegele contributed to the reporting for this article.

Information is accurate as of Dec. 6, 2022. 

Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.

Our in-house research team and on-site financial experts work together to create content that’s accurate, impartial, and up to date. We fact-check every single statistic, quote and fact using trusted primary resources to make sure the information we provide is correct. You can learn more about GOBankingRates’ processes and standards in our editorial policy.

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About the Author

Kathy Evans is a personal finance freelance writer and entrepreneur with a technical writing and instructional systems design background. She holds an MS in technical writing and informational design and is currently a doctoral student in instructional technology at Towson University. Through work experience in the federal government as well as commercial and nonprofit industries, she has focused her freelance writing on finance, investing and economic content with a specialization in budget coaching.  
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