Skip to content

Now with Disney+, Hulu and ESPN+: How to use the Amex Platinum digital entertainment credit

April 06, 2022
10 min read
This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

Editor’s note: This post has been updated with new information.


The Platinum Card® from American Express is a premium travel rewards card with a $695 annual fee (see rates and fees).

At first glance, that figure looks colossal for a single card. But, in July 2021, the issuer has added lifestyle-oriented benefits that help cardholders justify keeping the Amex Platinum in their wallets.

One such feature is a monthly statement credit toward eligible digital entertainment subscriptions — and the issuer has just added a few more services to make this credit easier to use than ever.

For more TPG news delivered each morning to your inbox, sign up for our daily newsletter.

What is the Amex Platinum digital entertainment credit?

(Photo courtesy of American Express)

The Amex Platinum offers up to $240 in “digital entertainment” statement credits annually, doled out in monthly $20 increments. Enrollment is required. You can use these credits for the following subscriptions:

  • Peacock.
  • Audible.
  • Sirius XM.
  • The New York Times.
  • New! Disney+, Hulu and ESPN+ — or the Disney Bundle (which includes all three services).

As of April 6, 2022, American Express has just added The Disney Bundle to the eligible digital entertainment providers — a popular service for many households.

While the credit is still missing other popular services such as Netflix and Youtube TV, the refreshed list of partners is likely relevant enough to appease some cardholders and entice new ones. I already subscribe to Hulu (with no ads) and Audible, maxing out the $20 monthly credit, which means this is like getting an effective $240 off of the annual fee each year.

However, there are a number of reasons why this credit may be worth significantly less — or even zero dollars — to you. Let’s examine how to use the credit.

Sign up for our daily newsletter

How to use the Amex Platinum digital entertainment credit

First note that you must enroll your card before making a qualifying purchase. You won’t receive any statement credits of you fail to do this.

Head to your Amex Platinum home page and click the “Benefits” tab at the top of the screen.

(Screenshot courtesy of American Express)

You’ll now see a large number of tiles outlining each of your card benefits in full. Scroll until you see “New: up to $240 Digital Entertainment Credit.” You can click either the “Get Started” button or the “Learn More” button.

(Screenshot courtesy of American Express)

Scroll past the details and tips until you see a picture of your card. Indicate that you understand the terms and conditions of the card benefit, and click “Enroll Now.”

(Screenshot courtesy of American Express)

That’s it! You’re ready to start saving.

Let’s now look at the opportunities of each digital entertainment subscription. Keep in mind that you must enroll directly with the provider for your Amex credit to trigger. You can’t sign-up via a mobile app or third party.

Peacock

Peacock offers two paid products:

  • Premium: $4.99 per month.
  • Premium Plus: $9.99 per month.
(Screenshot courtesy of Peacock)

You will not be reimbursed for subscriptions bundled with cable services or other bundles. You also can’t use it for gift cards of any sort.

Pro tip: I have Peacock Premium, and while I tend to get good use from it, the free version may suit you just as well. The big difference is that you get double the available content, as well as live sports. If your investigation reveals that the shows you’re interested in are available on the free version, the Amex Platinum credit won’t do you much good here. Springing for the ad-free Premium Plus subscription would the real difference-maker, as you can also download content for the plane.

Related: Best credit cards for streaming service subscriptions

Audible

Audible is Amazon’s audiobook platform, allowing you to download and stream more than 200,000 books. Audible offers two plans:

  • Plus: $7.95 per month.
  • Premium Plus: $14.95 per month.
(Screenshot courtesy of Audible)

But it also gives you the option to purchase books. Whether you’re paying for a subscription or purchasing audiobooks, your Amex Platinum monthly credit will kick in. Just note that you must make your purchase directly through www.audible.com.

Pro tip: There are many membership options to Audible, some monthly and some yearly. By choosing the Premium Plus plan, you’ll receive one “credit” per month, which you can use on books that aren’t included with an Audible Plus subscription. You can use these to purchase any book on the platform. I just used a credit to buy a book that costs $56 — a steal considering the credit only cost $14.95.

You’ve got one year from the time each credit was issued before it expires. Think of this Amex digital entertainment credit as 12 free Audible credits each year. If you like audiobooks, you could rather effortlessly receive $500-plus in books from this credit annually (though note that you won’t actually save anymore than ~$180).

The New York Times

Ignoring limited-time or introductory offers, here’s what you can expect to pay for a subscription with The New York Times:

  • Digital subscription: $4.25 per week.
  • Paper copy: Starting at $10 per week (Sunday edition).
  • NYT Cooking: $1.25 per week.
  • New York Times Games: $1.25 per week.
(Screenshot courtesy of The New York Times)

You’ll need to visit www.nytimes.com to trigger the Amex Platinum credit. Unfortunately, you cannot use your credit for ad services, NYT conferences, gift cards, the TimesDigest or any purchases from the NYTimes company store.

Pro tip: Many of these subscriptions are discounted when purchasing an annual subscription instead of paying monthly. For example, NYT Cooking costs $60 per year when you pay each month, but only $40 in value if you pay a lump sum. That sharply diminishes the value of this digital entertainment credit.

SiriusXM

Sirius XM offers six plans, ranging on if you need "car and streaming" bundled or just are searching for a streaming package. Again, ignoring introductory offers, here are the current prices:

  • Car + Streaming:
  • Platinum: $22.99 per month.
  • Music + Entertainment: $17.99 per month.
  • Music: $12.99/month.
  • Streaming only:
  • Platinum: $10.99 per month.
  • Music + Entertainment: $7.99 per month.
  • Music: $4.99 per month.

The Amex Platinum credit is valid towards purchases made directly with SiriusXM (U.S.) online at www.siriusxm.com, through SiriusXM telephone sales or direct mail order purchase transactions. The only stipulated exceptions are SiriusXM safety, security or Telematics services (Connected Vehicle), SiriusXM for Business subscriptions, SiriusXM ad sales and Pandora.

Pro tip: If you’ve never subscribed to SiriusXM, they’re desperate to keep customers. My wife has had wild success calling (or online chatting) to cancel, and eventually receiving an additional six months of membership for under $10. If you’re not averse to chatting with customer service reps, you can likely maintain a SiriusXM subscription so cheap that you won’t get much use from the Amex Platinum credit.

Disney+, Hulu and ESPN+

(Screenshot courtesy of Disney+).

Touted as "The Disney Bundle," you can get all of your movie, TV shows and sports-watching needs covered with Hulu, Disney+ and ESPN. You can also unbundle these offerings, and the digital entertainment credit will also reimburse for each monthly service individually.

There are varying levels of services with each plan, but here are some of the current monthly prices we've found:

  • The Disney Bundle (Disney+, ESPN+, Hulu with ads): $13.99 per month.
  • The Disney Bundle (Disney+, ESPN+, Hulu with no ads): $19.99 per month.
  • Hulu with ads: $7.99 per month.
  • Hulu without ads: $14.99 per month.
  • Hulu with ads, plus Live TV, Disney+ and ESPN+: $69.99 per month.
  • Hulu without ads, plus Live TV, Disney+ and ESPN+: $75.99 per month.
  • Disney+: $7.99 per month.
  • ESPN+: $9.99 per month.

As you can see, you can tailor the right plan that fits for your needs. No matter which plan you choose, you must purchase the monthly subscriptions directly through the provider's websites — after enrolling for the benefit with Amex.

Pro tip: The Disney Bundle may offer the best value for your money, and you can even get Hulu with no adds for $19.99 per month. That will maximize your $20 monthly digital entertainment credit, so this is a great plan to pick that covers all of your bases.

FAQs on Amex Platinum digital entertainment credit

Is the Amex Platinum digital entertainment credit a good deal?

It can be. The issue is that many of us purchase our memberships annually, because there is often a steep discount. The Amex Platinum statement credit works against a strategy like this. To get the biggest value from this benefit, you’ll need to pay for your subscriptions monthly, which can raise the effective price of your annual subscriptions.

For example, paying a lump sum for an annual subscription to various New York Times assets can save you 33% over monthly payments. Doing the same for an Audible Premium Plus account will save you 16% over monthly payments. In other words, you shouldn’t necessarily value the digital entertainment credit at $240 per year.

Which digital entertainment companies participate?

The providers that trigger the reimbursement for the Amex Platinum statement credit are Peacock, Audible, Sirius XM, The New York Times, Disney+, Hulu and ESPN+. We hope that Amex will add even more popular services like Netflix and Spotify in the future.

What is the best use of the Amex Platinum digital entertainment credit?

This credit is limited enough that we aren’t seeing any non-obvious methods for redeeming. If you have any of these subscriptions already, this credit is a good deal for you. If not, the credit may be enough to spur you from trying a new thing — but do not calculate this credit into your annual savings unless it’s money you would have spent anyway.

When will I receive my Amex Platinum digital entertainment credit?

After you charge the monthly recurring service to your Amex Platinum, you should receive your reimbursement within six to eight weeks. However, for many TPG staffers, it usually takes under a few business days for the credit to arrive to their statement.

Bottom line

Last year, American Express added a $240 digital entertainment statement credit onto the Amex Platinum's suite of benefits, among other credits for Equinox, Walmart+ and more. And as of April 6, 2022, you can now use this credit for Disney+, Hulu and ESPN+ subscriptions.

Just remember to enroll your card first before paying for any participating services. Otherwise, the credits won’t be applied.


Official application link: The Platinum Card from American Express.

Check the CardMatch tool to see if you’re targeted for a 125,000 or 150,000-point Platinum card offer (after meeting minimum spending requirements). These offers are subject to change at any time.

For rates and fees of the Amex Platinum card, click here


Additional reporting by Stella Shon.

Featured image by Bloomberg via Getty Images
Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Top offers from our partners

How we chose these cards

Our points-obsessed staff uses a plethora of credit cards on a daily basis. If anyone on our team wouldn’t recommend it to a friend or a family member, we wouldn’t recommend it on The Points Guy either. Our opinions are our own, and have not been reviewed, approved, or endorsed by our advertising partners.
See all best card offers

TPG featured card

TPG Exclusive Offer
TPG Exclusive Offer
TPG Editor‘s Rating
Card Rating is based on the opinion of TPG‘s editors and is not influenced by the card issuer.
4 / 5
Go to review

Rewards

1 - 5X points
5XGet 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com
1.5XEarn 1.5X points on eligible purchases at US construction material & hardware suppliers, electronic goods retailers and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more everywhere else, on up to $2 million of these purchases per calendar year
1X1X points for each dollar you spend on eligible purchases.

Intro offer

Earn 150,000 points120,000 points
The Points Guy Exclusive Offer: Earn 150,000 Membership Rewards® points after you spend $15,000 on eligible purchases with the Business Platinum Card® within the first 3 months of Card Membership.

Annual Fee

$695

Recommended Credit

670-850
Good, Excellent
Credit ranges are a variation of FICO© Score 8, one of many types of credit scores lenders may use when considering your credit card application.

Why We Chose It

It's hard to find a card that competes with the mile-long list of benefits that come with the Amex Business Platinum. While it's certainly not the card for the average consumer, a business owner with tons of expenses -- especially related to travel -- will find this card incredibly valuable. This card is similar to the consumer version that Amex offers, but with more business-oriented perks around statement credits and earning rates that are a better fit for business owners.

Pros

  • An up to $100 credit for Global Entry or TSA PreCheck application fee every four to five years
  • Up to $400 annual credit for eligible U.S. Dell purchases (enrollment required)
  • Gold status at Marriott and Hilton hotels (enrollment required)
  • Access to the Fine Hotels & Resorts program and Hotel Collection
  • Extended warranty protection
  • International Airline Program and Cruise Privileges Program

Cons

  • Steep annual fee
  • Difficulty meeting $15,000 welcome offer for smaller businesses
  • Limited high-bonus categories outside of travel
  • The Points Guy Exclusive Offer: Earn 150,000 Membership Rewards® points after you spend $15,000 on eligible purchases with the Business Platinum Card® within the first 3 months of Card Membership.
  • Get 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com, and 1X points for each dollar you spend on eligible purchases.
  • Earn 1.5X points (that’s an extra half point per dollar) on eligible purchases at US construction material & hardware suppliers, electronic goods retailers and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more everywhere else, on up to $2 million of these purchases per calendar year.
  • Unlock over $1,000 in annual statement credits on a curation of business purchases, including select purchases made with Dell Technologies, Indeed, Adobe, and U.S. wireless service providers.
  • $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year for checked baggage fees, lounge day passes, and more at one selected airline.
  • $189 CLEAR® Credit: Use your Card and get up to $189 back per year on your CLEAR® membership. CLEAR® is available at more than 50 U.S. airports and stadiums.
  • The American Express Global Lounge Collection® can provide an escape at the airport. With more than 1,400 airport lounges across 140 countries and counting, you have more lounge location options than any other credit card on the market as of 9/2021.
  • $695 Annual Fee.
  • Terms Apply.
Apply for The Business Platinum Card® from American Express
at American Express's secure site
Terms & restrictions apply. See rates & fees
TPG Exclusive Offer
TPG Exclusive Offer
TPG Editor‘s Rating
Card Rating is based on the opinion of TPG‘s editors and is not influenced by the card issuer.
4 / 5
Go to review

Rewards Rate

5XGet 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com
1.5XEarn 1.5X points on eligible purchases at US construction material & hardware suppliers, electronic goods retailers and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more everywhere else, on up to $2 million of these purchases per calendar year
1X1X points for each dollar you spend on eligible purchases.
  • Intro Offer
    The Points Guy Exclusive Offer: Earn 150,000 Membership Rewards® points after you spend $15,000 on eligible purchases with the Business Platinum Card® within the first 3 months of Card Membership.

    Earn 150,000 points
    120,000 points
  • Annual Fee

    $695
  • Recommended Credit
    Credit ranges are a variation of FICO© Score 8, one of many types of credit scores lenders may use when considering your credit card application.

    670-850
    Good, Excellent

Why We Chose It

It's hard to find a card that competes with the mile-long list of benefits that come with the Amex Business Platinum. While it's certainly not the card for the average consumer, a business owner with tons of expenses -- especially related to travel -- will find this card incredibly valuable. This card is similar to the consumer version that Amex offers, but with more business-oriented perks around statement credits and earning rates that are a better fit for business owners.

Pros

  • An up to $100 credit for Global Entry or TSA PreCheck application fee every four to five years
  • Up to $400 annual credit for eligible U.S. Dell purchases (enrollment required)
  • Gold status at Marriott and Hilton hotels (enrollment required)
  • Access to the Fine Hotels & Resorts program and Hotel Collection
  • Extended warranty protection
  • International Airline Program and Cruise Privileges Program

Cons

  • Steep annual fee
  • Difficulty meeting $15,000 welcome offer for smaller businesses
  • Limited high-bonus categories outside of travel
  • The Points Guy Exclusive Offer: Earn 150,000 Membership Rewards® points after you spend $15,000 on eligible purchases with the Business Platinum Card® within the first 3 months of Card Membership.
  • Get 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com, and 1X points for each dollar you spend on eligible purchases.
  • Earn 1.5X points (that’s an extra half point per dollar) on eligible purchases at US construction material & hardware suppliers, electronic goods retailers and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more everywhere else, on up to $2 million of these purchases per calendar year.
  • Unlock over $1,000 in annual statement credits on a curation of business purchases, including select purchases made with Dell Technologies, Indeed, Adobe, and U.S. wireless service providers.
  • $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year for checked baggage fees, lounge day passes, and more at one selected airline.
  • $189 CLEAR® Credit: Use your Card and get up to $189 back per year on your CLEAR® membership. CLEAR® is available at more than 50 U.S. airports and stadiums.
  • The American Express Global Lounge Collection® can provide an escape at the airport. With more than 1,400 airport lounges across 140 countries and counting, you have more lounge location options than any other credit card on the market as of 9/2021.
  • $695 Annual Fee.
  • Terms Apply.