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Buy an Xbox Series S and Amazon will give you $40 credit on Cyber Monday

On top of that it's discounted by 20 percent from $300 to $240.

Engadget

If you've been waiting for the best possible deal on an Xbox Series S console, today is the day. For Cyber Monday, Amazon is offering a $60 discount (20 percent) plus a $40 coupon that can be applied to future purchases. That effectively gives you a $100 discount (33 percent) off the regular $300 price for today only — a great deal on a very good console.

Buy Xbox Series S at Amazon - $240 (with $40 credit)

When the Series S came out, we called it the "next-gen starter pack" and gave it a solid 85 score. Even though it doesn't support gameplay in 4K, it plays incredibly smoothly and has a svelte look that will fit into any decor. Thanks to the FPS boost technology added to the Series S and X, older games, including many made for Xbox One, will look and perform better with faster frame rates.

Unlike the Series X, the Series S only plays digital titles, with no slot to insert physical game media. It's a great option if you have an Xbox Game Pass membership, though, which costs $10 per month for the Console tier, and $15 per month for the Ultimate tier. Either level unlocks a library with hundreds of game to download and play, while also granting discounts to many titles you might want to buy outright.

Another caveat is that the Series S has less SSD storage, with 512GB on-board compared to the 1TB for the Series X. If you like to keep plenty of titles on hand, you'll either need to shuffle them between the main disk and USB-C storage, or purchase Seagate's $200 expansion card. All told, though, it's a great option for casual console gamers, particularly considering all the backward-compatible Game Pass games — just keep in mind that the sale ends today.