The Amex Platinum’s digital entertainment credit just got a lot more useful with the addition of Disney+, Hulu, and ESPN+

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• The Platinum Card® from American Express comes with up to $240 in statement credits each year**.
• These credits offset the cost of subscriptions to sites like Peacock, Audible, and Sirius XM.
• As of April 6, 2022, you can now use these credits toward Hulu, ESPN+, and Disney+.
• Read Insider’s guide to the best credit cards for streaming services in 2022.

When The Platinum Card® from American Express announced a huge overhaul to its benefits last year, one of the main features was its new “entertainment credit” — a monthly statement credit of up to $20 for various digital subscriptions**.

The big issue with this credit has been that it’s only valid for the following services:

• Audible
• Peacock
• Sirius XM
• The New York Times

The limited streaming partners made this benefit disappointing to many cardholders. But American Express has now added three more popular services, making it much easier to use.

Read more: How to use the Amex Platinum digital subscription credit to save up to $240 per year

The Amex Platinum digital entertainment credit is finally a notable perk

You can now redeem the The Platinum Card® from American Express‘s monthly digital entertainment credit for the following new streaming services:

• Hulu
• ESPN+
• Disney+ (including the Disney Bundle, which comes with all three services)

That makes this credit wildly more useful — in the US and Canada, Hulu has more than 45 million paid subscriptions, and Disney+ has more than 41 million paid subscriptions.

Up to $20 credit per month to offset these subscriptions equates to up to $240 per year. If you pay for popular streaming services like Hulu, Disney+, ESPN+, or Peacock, this credit effectively lowers the The Platinum Card® from American Express annual fee of The Platinum Card® from American Express The Platinum Card® from American Express – Rates & Fees to $455.

Read more: American Express Platinum credit card review

In other words, the The Platinum Card® from American Express, while it does have a large price tag, is worth it for your situation if you’re willing to pay $455 for benefits such as:

• Up to $200 in airline fee credits** each calendar year
• Up to $200 in credits per year toward prepaid hotel bookings through Amex Fine Hotels and Resorts or The Hotel Collection
• Up to $200 in Uber Cash each calendar year (which you can use for both rides and Uber Eats)**
• $179 per year in credits for CLEAR membership**
• Up to $100 in Saks credits each calendar year**
• Global Entry or TSA PreCheck application fee credit
• Airport lounge access (Priority Pass**, Centurion lounges, and more)
• Amex Fine Hotels and Resorts (benefits at exclusive luxury properties)
• Cell phone protection

Read more: Don’t let the Amex Platinum’s new ‘lifestyle’ benefits distract you from its true value — here’s what the card is worth to the average person

The card can easily save you $1,000+ per year if you’ll use its core benefits.

Bottom line

You can now use the The Platinum Card® from American Express‘s digital entertainment credit, worth up to $20 per month, for seven online subscriptions:

• Hulu
• ESPN+
• Disney+
• Audible
• Peacock
• Sirius XM
• The New York Times

This credit is as good as cash if you spend at least $20 per month on these services anyway.

Read more: I had sticker shock over the Amex Platinum card’s annual fee, but 6 lucrative benefits convinced me to open it anyway

However, if you don’t subscribe to these websites, this credit is not as good as cash. Don’t talk yourself into applying for a credit card just because it offers free stuff. If the value the The Platinum Card® from American Express provides doesn’t fit into your lifestyle, it’s not worth the annual fee.