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Amex Platinum: The Ultimate Streaming Powerhouse (5 Services for Free)
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Amex Platinum: The Ultimate Streaming Powerhouse
Most Amex Platinum cardholders know about the travel perks, but they're missing out on one of the card's best-kept secrets: you can get 5 major streaming services completely free (worth $444-468/year) by stacking two simple credits.
The Amex Platinum has a $25/month Digital Entertainment Credit and a $14/month Walmart+ credit.
Most people don't realize these two benefits can get you 5 major streaming services completely covered:
- Disney+
- Hulu
- HBO Max
- Peacock Premium OR Paramount+ Essential
- Plus Walmart+ delivery perks
Let me show you how to stack them.
The Two Credits
1. Digital Entertainment Credit ($25/month = $300/year)
This credit works on:
- Disney+
- Hulu
- HBO Max
- ESPN+
- The New York Times
- The Wall Street Journal
- Peacock
- Paramount+
- YouTube Premium
2. Walmart+ Subscription Credit ($14/month = $168/year)
This covers the full cost of a Walmart+ membership, which includes:
- Walmart+ delivery benefits
- Your choice of Peacock Premium OR Paramount+ Essential at no extra cost
This is the secret weapon.
The Optimal Stack
Here's how to maximize both credits:
Use Your Entertainment Credit For: Disney Bundle
Get the Disney+/Hulu/HBO Max bundle for $19.99/month
This gives you:
- Disney+ → Marvel shows, Star Wars, Pixar, everything Disney
- Hulu → Current TV shows, FX shows, Hulu originals
- HBO Max → HBO originals, Max exclusives, premium movies
Why this: The bundle is $19.99/month, well under your $25 credit. You get three premium services for one charge, maximizing value.
How to set it up:
- Go to disneyplus.com
- Select the Disney+/Hulu/HBO Max bundle
- Add your Amex Platinum as payment
- Credit applies automatically each month
Use Your Walmart+ For: Peacock or Paramount
Activate Walmart+ for the streaming bonus
When you sign up for Walmart+, you get to choose:
- Peacock Premium (with ads, but includes everything)
- Paramount+ Essential (with ads)
Note: You can switch between Peacock and Paramount every 90 days, so you're not locked into one choice forever.
Why this matters: Don't waste your $25 entertainment credit on Peacock or Paramount when you can get one of them free through Walmart+.
How to set it up:
- Go to walmart.com/plus
- Sign up with your Amex Platinum (credit applies automatically)
- Choose your streaming service (Peacock OR Paramount)
What If I Already Have Some of These?
If you're already paying for Disney+, Hulu, or the Disney bundle separately, here's what to do:
Switch billing to your Amex Platinum:
- Log into your Disney+ account
- Go to billing settings
- Update your payment method to your Amex Platinum
- The $25/month credit will now cover your existing subscription
Same goes for Hulu or HBO Max individually—just switch the payment method to your Amex Platinum and the credit applies automatically.
For Peacock or Paramount: If you're already paying for one of these, cancel your standalone subscription and activate it through Walmart+ instead. You'll get the same service for free.
What You're Actually Getting
Disney+
Best for: Families, Marvel/Star Wars fans
What to watch:
- The Mandalorian & Grogu
- Loki (seasons 1-2)
- Inside Out 2
- Bluey (yes, really)
- The Beatles: Get Back
Hulu
Best for: Current TV shows, FX originals
What to watch:
- The Bear
- Only Murders in the Building
- Shogun
- The Handmaid's Tale
- Abbott Elementary
- Letterkenny
HBO Max
Best for: Premium originals, blockbuster movies
What to watch:
- House of the Dragon
- The Last of Us
- Succession
- True Detective
- Warner Bros movies on release
Peacock Premium
Best for: NBC shows, Premier League
What to watch:
- Premier League soccer (all matches)
- The Office (complete series)
- Parks and Recreation
- SNL (current + classic)
- Poker Face
Paramount+ Essential
Best for: CBS shows, Paramount movies
What to watch:
- Yellowstone universe shows
- Star Trek series (Discovery, Strange New Worlds)
- Evil
- The Good Fight
- Taylor Sheridan shows (Mayor of Kingstown, Lioness)
The Math
Here's the exact breakdown:
Monthly breakdown:
- Disney+/Hulu/HBO Max bundle: $19.99/month (covered by $25 entertainment credit, $5 leftover)
- Peacock Premium: $8/month OR Paramount+ Essential: $6/month (free with Walmart+)
- Walmart+ membership: $14/month (covered by Amex credit)
Annual value:
- Disney+/Hulu/HBO Max Bundle: $19.99/month × 12 = $240/year
- Peacock/Paramount: $6-8/month × 12 = $72-96/year
- Walmart+ delivery perks: $14/month × 12 = $168/year
Total annual value: $480-504/year
What you're paying:
- Entertainment credit: $0 (covered by Amex)
- Walmart+ credit: $0 (covered by Amex)
Total cost: $0
What About Netflix?
Netflix isn't covered by the Amex entertainment credit. You'll have to pay for that one yourself.
But honestly? With Disney+, Hulu, HBO Max, and Peacock/Paramount all covered, you've got more than enough to watch.
Pro Tips
1. Pick Peacock if you're into sports Premier League, WWE, Sunday Night Football—Peacock is the sports streaming king.
2. Pick Paramount if you like dramas The Yellowstone universe, Star Trek, CBS shows—Paramount wins for serious TV.
3. Add The New York Times if you read it regularly If you pay for NYT separately ($17/month), you can add it to your Amex credit. However, the Disney+/Hulu/HBO Max bundle ($19.99/month) already uses most of your $25 credit, leaving only $5 for NYT. You'd need to either: (a) pay NYT separately, (b) drop the bundle and choose NYT + a cheaper service like Paramount+ ($6/month) = $23/month total, or (c) pay the overage out of pocket.
4. Track your credits The entertainment credit resets monthly. If you don't use it, you lose it. Set a reminder for the 1st of each month.
Track your Amex Platinum benefits →
Bottom Line
The Amex Platinum entertainment benefits are legitimately good. You're getting $480-504/year in streaming services completely covered, plus Walmart+ delivery.
Most premium cards give you travel benefits. The Amex Platinum also gives you a complete streaming setup.
If you were already paying for Disney+, Hulu, HBO Max, and Peacock separately, that's about $32/month = $384/year in savings right there. Add in Walmart+ ($14/month = $168/year) and you're at $552/year in value from just these two benefits.
That's 62% of your $895 annual fee covered before you even get to the travel perks, lounge access, hotel credits, or any other benefits.
See all Amex Platinum benefits →
Track your entertainment credits and all other benefits at creditcardcoups.com