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American Express recently made significant improvements to the $240 digital entertainment credit of The Platinum Card® from American Express. Amex added new digital services to the list of eligible services — making it easier to maximize this credit.
The digital entertainment credit was launched last year in a revamp of Amex Platinum. That revamp added over $900 of annual credits added to the card, and the annual fee increased to $695 (Rates & Fees).
With the new additions, you can now use this credit at the following services: Audible, Disney+, The Disney Bundle, ESPN+, Hulu, Peacock, SiriusXM, and The New York Times.
How the Amex Digital Entertainment Credit Works
- You need to enroll to receive the digital entertainment credit.
- Only card members or authorized account managers can enroll.
- Card accounts are eligible for up to $20 of credits per month for a total of $240 credit per year.
- Allow 6 to 8 weeks for purchases and credits to post to your account. (But usually the credit posts much quicker than that.)
Digital Entertainment Credit Eligible Services
Disney+
Purchases of Disney+ made through www.disneyplus.com are eligible. These include The Disney Bundle (including Hulu, ESPN+, and Disney+) and Premier Access.
ESPN+
Purchases of ESPN+ services made directly through www.plus.espn.com are all eligible. This includes Pay Per View (PPV) purchases, Hulu, and The Disney Bundle.
Hulu
Purchases of Hulu services made directly through www.hulu.com are eligible — including purchases of ESPN+, Hulu, and The Disney Bundle.
SiriusXM
Purchases of SiriusXM (US) made through www.siriusxm.com are eligible, and those made via mail order or telephone sale. The digital entertainment credit excludes the following SiriusXM products:
- SiriusXM safety.
- Security or telematics services (connected vehicle).
- SiriusXM for Business subscriptions.
- SiriusXM ad sales.
- Transactions involving Pandora services or SiriusXM's Stitcher.
Audible
Purchases of Audible products, including Audible Plus and Audible Premium Plus, and audiobook purchases made through www.audible.com are eligible for the digital entertainment credit.
Peacock
All peacock subscription purchases made through www.peacocktv.com are eligible. Excluded purchases include subscriptions included with cable services, gift cards, and other bundles.
The New York Times
Purchases made through www.nytimes.com/subscription are eligible — including subscriptions, New York Times Games, Wirecutter, and NYT Cooking. Excluded purchases include NYT conferences, gift cards, purchases from the NYTimes company store, and TimesDigest.
Maximizing your Digital Entertainment Credit
Getting the most out of your digital entertainment credit will ultimately depend on your spending patterns. However, as part of an overall strategy, you should ensure that you get the full amount of credit you can.
For instance, if you buy audiobooks, subscribe to the New York Times, and have a Netflix or Disney+ subscription, you are best served by using your Amex Platinum for the Audible and New York Times payments (as long as they are equal to or slightly exceed $20 per month). You could then opt to charge your Disney+ or Netflix subscription to a Blue Cash Preferred® Card from American Express, which earns a whopping 6% cashback on select streaming services. This maximizes the returns on every dollar you spend on digital entertainment services.
Our Take
Any time a card issuer upgrades the benefits of its card, it's excellent news. The addition of several new services to the digital entertainment credit list of eligible participants is welcome and only serves to make the Amex Platinum even more valuable. The additional value is welcome, considering the card sets you back a $695 annual fee. Hopefully, Amex will add even more providers to the list of eligible services in the long run.
For rates and fees of the cards mentioned in this post, please visit the following links: The Platinum Card® from American Express (Rates & Fees)
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Ok this a good improvement. I can see the card becoming a little more appealing to me. The lounge access is still a concern to me though.