I'm getting a year of Peacock Premium for $20 so I can watch this year's Olympics

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"Bel-Air" and "Poker Face" are two of Peacock's exclusive series that you can watch through its ongoing promotion.

Ron Batzdorff/Peacock; Phillip Caruso/Peacock

Peacock is NBC's streaming service, making it the best choice for fans of "Brooklyn Nine-Nine," "New Girl," and this year's Olympics. But in a sea of services to choose from, it can be tough to add yet another to your list of monthly bills. That's why Peacock's limited-time deal is worth checking out.

New and returning subscribers can get a whole year of Peacock Premium for only $20. That's a $40 saving compared to an annual plan's usual price and a nice bonus for an already affordable service. It comes at an especially opportune time, considering NBC is home to the 2024 Paris Olympics coming later this year. Rather than scrounging for live channels to catch my favorite sports and events, I'll be catching them all for this one-time payment of $20.

In our guide to the best streaming services, we recommend Peacock as the best service for NBC fans. Keep scrolling to learn how to save big on a full year of streaming, including "Yellowstone," "Parks and Recreation," and the 2024 Paris Olympics.

How to get the Peacock deal

Scoring this deal on NBC's Peacock is as easy as signing up and checking out. Here's how to get your account started:

•  Head to the Peacock website.
• Click "Get Offer" to navigate to account creation.
• Create an account using your email and personal details.
• Complete check-out by adding a payment method. 

Returning Peacock subscribers can also take advantage of this deal by signing into their account and applying the promo code STREAMTHEDEAL at checkout.

After your annual plan finishes, your service will automatically renew at full price ($60/year). To avoid this, just be sure to cancel before your year is up; you can do so at any time.

How much is Peacock?

A moment from "Parks and Recreation" season six, episode 10, "Second Chunce."

Colleen Hayes/NBC/NBCU Photo Bank via Getty Images

Peacock Premium usually costs $6 monthly or $60 annually. It's amongst the cheapest streaming services you can choose from at the moment — but keep in mind that this tier is ad-supported.

To skip the ads, you'll need to opt for Peacock Premium Plus. It starts at $12 monthly or $120 a year, but is unfortunately not included in this ongoing promotion.

Who can get the Peacock Premium deal?

The ongoing Peacock deal is limited to new and returning customers. That means if you used to have Peacock Premium and then canceled, you can resubscribe with this promotion. Apply the promo code STREAMTHEDEAL to get the $20 price at checkout after signing into your account.

Existing Peacock Premium subscribers are ineligible for the deal.

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