Amex Platinum's Digital Entertainment Credit Grew to $25/Month — But a Peacock Loophole Closes Aug 1

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Amex Platinum's Digital Entertainment Credit Grew to $25/Month — But a Peacock Loophole Closes Aug 1

The good news: more money and more eligible services. The catch: bundled Peacock subscriptions stop qualifying next month.

Amex Platinum's Digital Entertainment Credit Increases to $25 a Month

American Express's Digital Entertainment Credit on the Platinum Card has increased from up to $20 per month ($240/year) to up to $25 per month ($300/year). The eligible service list also expanded: alongside the existing Disney+, Hulu, ESPN+, Peacock, The New York Times, and The Wall Street Journal, cardholders can now also apply the credit to YouTube Premium, YouTube TV, and Paramount+.

💡 Quick answer: Amex raised the Platinum Card's Digital Entertainment Credit from $20/month to $25/month ($300/year) and added YouTube Premium, YouTube TV, and Paramount+ to the eligible list. Starting August 1, 2026, Peacock only qualifies as a standalone subscription purchased directly at peacock.com — bundled or third-party Peacock subscriptions stop earning the credit.
💡 This benefit requires enrollment — log into your Amex account, go to Rewards & Benefits, and enroll in the Digital Entertainment Credit before making a qualifying purchase. Credits don't apply retroactively.

Why Peacock Bundle Subscriptions Stop Qualifying August 1, 2026

Separately, Amex has updated cardholder terms to close a workaround some Platinum holders used: bundling Peacock with an add-on service (commonly Apple TV+) to get the second service indirectly reimbursed through the credit. Effective August 1, 2026, Peacock subscriptions purchased as a bundle or through a third-party add-on will no longer trigger the credit. Only standalone Peacock subscriptions purchased directly at peacock.com will continue to qualify.

What to Do Before August 1: Switch to Standalone Peacock or a New Eligible Service

If you currently rely on a Peacock bundle for this credit, you have two options: switch to a standalone Peacock plan before the change takes effect, or redirect that month's $25 toward one of the other eligible services — YouTube Premium and YouTube TV are now solid alternatives given the expanded list.

Does the $300 Digital Entertainment Credit Offset the Platinum's Annual Fee?

At $300/year, the Digital Entertainment Credit alone covers roughly a third of the Platinum Card's $895 annual fee if you're already paying for 1-2 of these services. Combined with the $200 airline fee credit, $600 hotel credit, and the $120 Uber One credit added earlier this year, the Platinum's credit stack has grown meaningfully bulkier — the challenge remains actually using all of it, not whether the value exists on paper.

Frequently Asked Questions

How much is the Amex Platinum Digital Entertainment Credit now?

Up to $25 per month, or $300 per year — up from the previous $20/month ($240/year). The eligible service list also expanded to include YouTube Premium, YouTube TV, and Paramount+, alongside Disney+, Hulu, ESPN+, Peacock, The New York Times, and The Wall Street Journal.

What is the Peacock loophole closing on August 1, 2026?

Some cardholders bundled Peacock with an add-on service like Apple TV+ to get a second service indirectly reimbursed. As of August 1, 2026, only standalone Peacock subscriptions purchased directly at peacock.com qualify — bundled or third-party Peacock purchases no longer trigger the credit.

Do I need to enroll to use the Digital Entertainment Credit?

Yes. Log into your Amex account, go to Rewards & Benefits, and enroll in the Digital Entertainment Credit before making a qualifying purchase — the credit does not apply retroactively to purchases made before enrollment.

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