I have been wondering this for a while now, but there is honestly no place for you to activate or interact for this. I didn't want it to get to tuesday and not know where to go.
If possible I would love if bungie themselves would answer this.
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A part of the DLC was already on the disc from the begening... Durind these past week, we had heavy updates (last one on ps4 was 2.4g). My point is as mentioned by Bungie, the dlc was added part by part during the last updates. So you surely already have the dlc and you will have a minor update when released just to unlock the content.
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Ps store same for xbox I'm guessing
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Press the start button over destiny in games/apps. Scroll down to delete. Hit enter.
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If you have already redeeemed it, you should be able to just log in and install the update automatically on Tuesday.