$300 a Year on Streaming: The Amex Platinum Is the Best Card for Binge-Watching
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At first glance, the American Express Platinum Card® seems like it's only fit for travelers. The headline perks are usually airport lounge access, hotel credits, and first-class travel perks.
But there are some sneaky everyday credits that are useful in normal life, even ones you can use from your couch.
With its recent update, the American Express Platinum Card® now offers up to $300 a year in digital entertainment credits (terms apply; enrollment required). Translation: your streaming habit just got a whole lot cheaper.
Save $25 a month on streaming and digital subscriptions
The Platinum Card® includes up to $25 per month in digital entertainment credits, issued monthly. Over a full year, that adds up to $300 back on subscriptions you might already be paying for.
Eligible services currently include:
- Disney+
- ESPN+
- Hulu
- Peacock
- Paramount+
- YouTube TV
- YouTube Premium
- The New York Times
- The Wall Street Journal
To use the credit, you simply pay for these subscriptions directly with your Platinum Card®.
Statement credits are applied automatically when eligible charges post. Enrollment is required, and terms apply.
It's not just streaming, either. A couple of major news subscriptions are on the list, which makes it valuable to a wider group of people. Between entertainment and news, hitting $25 a month usually isn't much of a stretch.
That alone knocks $300 off the $895 annual fee (see rates and fees) before you even think about travel.
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Rewards Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel® up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel®. 1X Membership Rewards® Points on other purchases. Terms apply.
1X-5X Membership Rewards® Points
Annual Fee
$895
Welcome Offer You may be eligible for as high as 175,000 Membership Rewards® Points after spending $8,000 in eligible purchases on your new Card in your first 6 months of Membership. Welcome offers vary and you may not be eligible for an offer.
As High As 175,000 points. Find Out Your Offer.
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The American Express Platinum Card® isn’t just a credit card — it’s a status symbol. With over $3,500 in annual credits like $400 for dining with Resy, $600 in luxury hotel stays, and $300 in digital entertainment, plus VIP access to 1,550 airport lounges and automatic Hilton and Marriott Bonvoy elite status (enrollment required), it delivers prestige few cards can match. The fee is steep, but for those who want the best, the Platinum Card® can more than pay for itself — starting with a powerful welcome offer. Terms apply.
Read Full Review -
- Big welcome offer
- Substantial spending credits
- Airport lounge access
- Hotel benefits
- Flexible travel points
- Annual fee
- Limited bonus categories
- Spending credits can be complicated to manage
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- You may be eligible for as high as 175,000 Membership Rewards® points after you spend $8,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
- Get more for your travels with 5X Membership Rewards® points on all flights and prepaid hotel bookings through American Express Travel®, including Fine Hotels + Resorts® and The Hotel Collection bookings. You earn 5X points on flights purchased directly from airlines or through American Express Travel® on up to $500,000 on these purchases per calendar year.
- More Value! With over 1,550 airport lounges - more than any other credit card company on the market* - enjoy the benefits of the Global Lounge Collection®, over $850 of annual value, with access to Centurion Lounges, 10 complimentary Delta Sky Club® visits when flying on an eligible Delta flight (subject to visit limitations), Priority Pass Select membership (enrollment required), and other select partner lounges. * As of 07/2025.
- More Value! $200 Uber Cash + $120 Uber One Credit: With the Platinum Card® you can receive $15 in Uber Cash each month plus a bonus $20 in December when you add your Platinum Card® to your Uber account to use on rides and orders in the U.S when you select an Amex Card for your transaction. Plus, when you use the Platinum Card® to pay for an auto-renewing Uber One membership, you can get up to $120 in statement credits each calendar year. Terms apply.
- More Value! $300 Digital Entertainment Credit: Get up to $25 in statement credits each month after you pay for eligible purchases with the Platinum Card® at participating partners. Enrollment required.
- More Value! $600 Hotel Credit: Get up to $300 in statement credits semi-annually on prepaid Fine Hotels + Resorts® or The Hotel Collection* bookings through American Express Travel® using the Platinum Card®. *The Hotel Collection requires a minimum two-night stay.
- New! $400 Resy Credit + Platinum Nights by Resy: When you use the Platinum Card® to pay at U.S. Resy restaurants and to make other eligible purchases through Resy, you can get up to $100 in statement credits each quarter with the $400 Resy Credit benefit. Plus, with Platinum Nights by Resy, you can get special access to reservations on select nights at participating in demand Resy restaurants with the Platinum Card®. Simply add your eligible Card to your Resy profile to book and discover Platinum Nights reservations near you, enrollment required.
- More Value! $209 CLEAR® Plus Credit: CLEAR® Plus helps get you to your gate faster by using unique facial attributes to verify you are you at 50+ airports nationwide. You can cover the cost of a CLEAR Plus Membership* with up to $209 in statement credits per calendar year after you pay for CLEAR Plus with the Platinum Card®. *Excluding any applicable taxes and fees. Subject to auto-renewal.
- $200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees, such as checked bags and in-flight refreshments, are charged by the airline to the Platinum Card® Account*. American Express relies on airlines to submit the correct information on airline transactions to identify incidental fee purchases. If you do not see a credit for a qualifying incidental purchase on your eligible Card after 8 weeks, simply call the number on the back of your Card. Qualifying airlines are subject to change. See terms & conditions for more details.
- Start your vacation sooner, and keep it going longer. When you book Fine Hotels + Resorts® through American Express Travel®, enjoy noon check-in upon arrival, when available, and guaranteed 4PM check-out.
- New! $300 lululemon Credit: Enjoy up to $75 in statement credits each quarter when you use the Platinum Card® for eligible purchases at U.S. lululemon retail stores (excluding outlets) and lululemon.com. That’s up to $300 in statement credits each calendar year. Enrollment required.
- $155 Walmart+ Credit: Receive a statement credit* for one monthly Walmart+ membership (subject to auto-renewal) after you pay for Walmart+ each month with the Platinum Card®.*Up to $12.95 plus applicable local sales tax. Plus Ups not eligible.
- $100 Saks Credit: Get up to $100 in statement credits annually for purchases at Saks Fifth Avenue or saks.com on the Platinum Card®. That’s up to $50 in statement credits from January through June and up to $50 in statement credits from July through December. No minimum purchase required. Enrollment required.
- Whenever you need us, we're here. Our Member Services team will ensure you are taken care of. From lost Card replacement to statement questions, we are available to help 24/7.
- $895 annual fee.
- Terms Apply.
The bigger value picture ($3,500+ annually)
The $300 digital entertainment credit is nice on its own, but it's only one slice of what the Platinum Card® offers. It's still one of the strongest travel cards on the market.
In total, the card comes with over $3,500 in potential annual value if you're able to use its benefits.
Here are some of the biggest ones:
- $600 Hotel Credit -- Get up to $300 in statement credits semi-annually on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings (two-night minimum on THC).
- $400 Resy Credit -- Up to $100 back quarterly on eligible Resy dining purchases.
- $300 lululemon Credit -- Enjoy up to $75 in statement credits each quarter for eligible lululemon purchases.
- $200 Oura Ring Credit -- Up to $200 back each year when you use the Platinum Card® to purchase an Oura ring through Oura.
- $209 CLEAR® Plus Credit to help you move faster through airport security.
- $200 Airline Fee Credits for incidental charges.
- Access to 1,550+ airport lounges worldwide.
- Terms apply; enrollment is required for select benefits.
The key thing to remember: you don't need to use everything.
Many cardholders focus on just a few perks they naturally use throughout the year. For example, if you regularly shop at lululemon and dine out at nice restaurants, you could easily use ~$700 in shopping and Resy credits throughout the year.
The Platinum Card® isn't a perfect fit for everyone. But the more you can take advantage of these credits, the faster the $895 annual fee is covered and justified.
Check out our full Platinum Card® review to see all the perks and decide if it fits how you actually spend.
Our Research Expert
Joel O’Leary is a full-time Personal Finance Writer at Motley Fool Money, covering credit cards, bank accounts, investing, mortgages, and other personal finance topics. Joel has been writing about personal finance since 2018, previously leading editorial content for the How To Money podcast and serving as a resident writer at Budgets Are Sexy. He bought his first rental property at age 18, funding the down payment with savings from his high school job at McDonald’s -- a testament to his lifelong passion for smart money decisions. His work aims to make personal finance accessible and actionable for everyday readers. When he’s not writing, Joel enjoys surfing and spending time with his family.
Editorial Note: This content is not provided by American Express. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by American Express.
For rates and fees for American Express Platinum Card®, click here