Why Netflix Has Got So Expensive (and What You Can Do)

Gone are the days when a Netflix subscription cost as little as a cup of coffee and early originals like “Hemlock Grove” were still available for streaming on the platform. Despite raising prices in 2023In the US and Canada, subscription fees will rise again for all levels of service – all because 19 million new people signed up in the last quarter of 2024, possibly Mike Tyson, who fought Logan Paul, the NFL and “Squid Game” season 2.

As reported CNNthe company released a letter to investors detailing the reasons for the price increase. “As we continue to invest in programs and provide more value to our members, we will occasionally ask our members to pay a little more so that we can reinvest to continue improving Netflix,” the document said. This means that the standard ad-free subscription will now cost $17.99, and the premium subscription will cost up to $24.99. The cheapest option, which includes ads, will also rise to $7.99.

Of course, Netflix isn't the only streaming service to raise prices, and it won't be the last. This means subscribers could refer back to the last hike if they sign up for other content.

There are ways to earn money if you subscribe to Netflix and other streaming services, but you'll need a credit card or a mobile device. According to CNBCThe American Express Blue Cash Preferred offers a 6% cash back bonus for people who subscribe to Netflix, which is probably the best offer at the time of this writing. However, it may be worth checking with your credit card provider to see if they offer any deals on streaming platforms.

Fear not, though, if you don't have a credit card, as some cell phone providers offer deals on Netflix and other streaming services. In some cases, the service is fully included in the monthly bill, depending on which plan you sign up for. For example, T-Mobile users in the United States can subscribe to the “Netflix on Us” offering, which is pretty self-explanatory. Verizon also includes a variety of streaming service options, from Netflix to Max. Again, it's worth checking if your network provider has any nice Netflix deals. If not, then maybe it's time to find another one.