[Expired] AmEx Offers: Peacock Streaming, Spend $4.99 & Get $4.99 Statement Credit (3 Months Free Premium + $6 Moneymaker)

Update 1/18/21: Reader Dan notes that you can sign up through Rakuten and get a $6/600 points bonus which makes this an actual moneymaker.

The Offer

Check your AmEx Offers for the following deal:

  • Get $4.99 back as a one-time monthly statement credit, for up to 3 months, by using your enrolled Card to spend $4.99+ in one or more eligible US transactions in any 1 month during the offer period. Valid online at peacocktv.com. Your ability to redeem will reset on a monthly basis until 3/31/21.

The Fine Print

  • Offer valid online only via peacocktv.com.
  • In order to qualify, you must subscribe to Peacock online at peacocktv.com and pay Peacock directly with your eligible Card. If you do not already have a Peacock account, in order for your transaction to be eligible, you must visit peacocktv.com and create a Peacock account, select the “Peacock Premium” plan and enter your eligible American Express Card payment information.
  • Excludes subscriptions bundled with cable services and bundles and promotional offers through third parties.
  • Once you add the offer to your eligible Card, you must spend a minimum of $4.99 in one or more eligible US transactions by the last day of each calendar month to be considered eligible for a one-time statement credit. You may receive the one-time statement credit, up to 3 times (for up to 3 months of monthly minimum spend total) during the offer period. Your ability to redeem will reset on the first day of each calendar month and end on the last day of the same calendar month until 3/31/2021. Limit of 1 statement credit per Card Member per monthly spend and 3 statement credits per Card Member per offer period (total of $14.97). An “eligible transaction” means one or more US purchases made in a calendar month with your enrolled Card on or before 3/31/2021 totaling at least $4.99 each.

Our Verdict

Peacock premium is $4.99/mo, so this deal gets you 3 free months. Or it gets you half off the $9.99 for Premium Plus which is ad free. Be sure to cancel after 3 months if you don’t want to continue. I don’t know much about Peacock, feel free to share your thoughts in the comments below.

Hat tip to Creative_Accounting

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LAG
LAG

I know it’s the last month, but I just figured this out so thought I’d share for anyone using the service with multiple accounts; you can setup the plus option (ad-free) for $5.00/month to trigger the 2nd account credit if you switch cards in between billing periods.

Noted the 7 day free trial so I missed out on the February credit, but my charge for it just went through on account #2 and I got the email confirming using the offer, so I switched back to my other account card so the regular monthly charge will post later this month for the 2nd credit… not the best offer, but happy to at least try a month ad-free before I cancel it.

Jack
Jack

Got notification, charge posted on 1/31, statement closed 2/7, no credit.

Cancelling the service before the next charge. The service is not worth arguing with Amex over the credit.

Nate
Nate

Just curious but
Since Rakuten is offering $6 cash back, could it be possible to get that Rakuten credit 3x for a total of $18 cash back given the amex offer is a monthly spend offer for three months ?

Jack
Jack

No, the Rakuten offer is for new subscriptions only so once you get it the first time, that’s it.

Nate
Nate

I tried it out because I was curious since there wasn’t any terms or conditions

First Purchase
Purchased on 1/28 (*Downgraded to free plan after my purchase/trial )
Rakuten Tracked and Credited $6 on 1/28
Amex Credited on 2/15

Second Purchase
Purchased on 3/4 (*Upgraded from free plan for $4.99)
Rakuten Tracked and Credited $6 on 3/5
Amex Credited on 3/6

A little late, but it seems like you can stack this deal on Rakuten for a total of $18.

Rich
Rich

What card is everyone seeing it on? I have Amex Gold, Platinum, and Everyday. I might have missed it when scrolling through all the offers. I’m not seeing it.

Oski
Oski

Did anyone get a notification that they used their Amex Offer for this? Mine charged as “PEACOCK*X5640 PREMPLNEW YORK CITY NY”.

PY
PY

Nope, charged the 24th as PEACOCK*AEDD6 PREMIUNEW YORK CITY NY. Usually Amex Offers credit within a day for me.

dvo
dvo

same here. no email notification. going to wait till statement closes and see if credit posts by then.

Mike
Mike

Charged as “PEACOCK*FA820 PREMIUNEW YORK CITY NY” on 02/26.
No notification or credit.
Subscribed through Rakuten.
Suspect that the reason it wouldn’t qualify…
(as per terms: “Excludes…promotional offers through third parties”)

Mike
Mike

Credit posted 02/02.

Celia
Celia

Received notification from Amex: “Way to go, NAME! You just redeemed your Amex Offer for Peacock” yesterday, the same day I was charged at Peacock after the free trial ended. Pending charge just has PEACOCK TV, 4.99.

Ross
Ross

I got the free premium version with the xfinity flex box which I added to my account, set it up through the flex box, and then immediately put it back in the box and shipped it back. I’ve since cancelled my xfinity account since I moved into a friends place. I still have the premium version for free so I guess xfinity never checks. My family likes peacock so I pay the extra $5 for the no ads version so nice to know my gold card had this offer so free peacock no ads for a few months!

P
P

Not really free as they collect taxes.

Froide
Froide

Only in some states; New York is one where they don’t.

Celia
Celia

Not in Illinois. One of the few taxes they don’t charge us 🙂

mommafrica
mommafrica

The reason that I did Mr Rebates 1st, in case they said that any hidden spend requirements weren’t met. I didn’t see any total sum as of yet.

PW
PW

$5.33 here in NC with taxes

itsadian
itsadian

I upgraded my Peacock Premium I got free from Xfinity to the ad-free version for $5. Turns out they give me 7-day free before the first charge. So to maximize this deal (3x), you should do it before 1/24 since this deal expires 3/31.

Mike
Mike

But it says not good on bundles with cable?

Ken
Ken

not every PL game on streaming, peacock is really a trash.

Oski
Oski

When you got charged, did you get a notification from Amex saying that you completed the offer?

ZT
ZT

For anyone who follows the English Premiere League, they offer a few live games every week. I’m an Arsenal fan and every other week or so I found a game covered there.

benji

COYG!

mommafrica
mommafrica

Exactly. I only signed up because I’m a Liverpool fan.

Mike
Mike

FYI — Peacock is not a particularly well-built service.

I originally set up PayPal as my payment method, had a test charge go through successfully, and thought all was well. After my free trial, I got an email telling me to update my payment method because they couldn’t charge me. So I go to their website, tap on the big purple “update payment method” banner at the top, and nothing happens. I end up scrolling down and reauthorizing PayPal, but the big “update payment method” banner never goes away and it keeps saying my next payment is coming on 2 weeks ago. Haven’t gotten charged yet either so no clue what’s going on with their billing.

Today, I wanted to update my payment info to my Amex card because the Amex offer said you might not be eligible if your payment goes through via a third party mobile wallet (e.g. PayPal). Peacock wouldn’t let me do it, though, claiming there was an error while still insisting that I update my payment info. Spoke to a rep via live chat and they were able to remove PayPal from my account, but now the site was telling me I couldn’t add a payment method because I didn’t have an address on file. So I go to add my address again, but the “save” button was disabled so I couldn’t do it. After signing out and signing back in a couple times in different browser windows, I was finally able to add my address which then allowed me to add my Amex card as a payment method. That said, it STILL says I need to update my payment method so who knows at this point.

mommafrica
mommafrica

No AMEX Offer has worked when going through PayPal.