News & Trending Money News

Which Netflix Plan Is Right For You? 11 Things You Need to Know

There are several things you need to know before picking your streaming service plan.

Netflix logo
Updated Sept. 24, 2024
Fact checked

We receive compensation from the products and services mentioned in this story, but the opinions are the author's own. Compensation may impact where offers appear. We have not included all available products or offers. Learn more about how we make money and our editorial policies.

Netflix has made several changes to its streaming platform over the years. Some of those changes have made Netflix a little less desirable, especially if you’re trying to get ahead financially.

Netflix recently announced further changes to its pricing structure, in addition to other changes earlier this year to how users interact with the service.

So what’s going on with the new policies? Here’s what you need to know if you’re considering signing up for Netflix or are looking to change your plan.

If you’re over 50, take advantage of massive discounts and financial resources

Over 50? Join AARP today — because if you’re not a member you could be missing out on huge perks. When you start your membership today, you can get discounts on things like travel, meal deliveries, eyeglasses, prescriptions that aren’t covered by insurance and more.

How to become a member today:

  • Go here, select your free gift, and click “Join Today”
  • Create your account (important!) by answering a few simple questions
  • Start enjoying your discounts and perks!

Important: Start your membership by creating an account here and filling in all of the information (Do not skip this step!) Doing so will allow you to take up 25% off your AARP membership, making it just $12 per year with auto-renewal.

Become an AARP member now

Netflix doesn’t offer a free trial anymore

Celt Studio/Adobe hand holding remote control

You may not be sure about subscribing to Netflix and want to have a test run with a free trial. Unfortunately, you can’t do that with Netflix anymore. The streaming service used to offer free trials, but that hasn’t been an option in years.

The good news is that you don’t need to sign a contract with Netflix, so you can try it out for a month and cancel without penalty if you don’t like it.

The cheapest plan is $6.99

wutzkoh/Adobe woman sitting on couch using laptop to browse netflix

It can be hard to save money if you’re paying for more than one streaming service each month, but Netflix gives you an affordable option.

Check out the company’s Standard with Ads plan, which allows you to watch Netflix on two supported devices at a time for only $6.99 per month.

However, as the name implies, it is an ad-supported plan, so you’ll have to endure advertisements sprinkled throughout your favorite shows and movies.

The cheapest plan without ads is $15.49

ymgerman/Adobe browsing content on streaming services

You can skip ads if you want, but it will cost you $15.49 per month.

The ad-free version of Netflix is more than double the cost of the advertisement version, but you can watch anything on the streaming service without interruption. That could be an important factor if you subscribe to streaming services to avoid ads.

Resolve $10,000 or more of your debt

Credit card debt is suffocating. It constantly weighs on your mind and controls every choice you make. You can end up emotionally and even physically drained from it. And even though you make regular payments, it feels like you can never make any progress because of the interest.

National Debt Relief could help you resolve your credit card debt with an affordable plan that works for you. Just tell them your situation, then find out your debt relief options.1

How to get National Debt Relief to help you resolve your debt: Sign up for a free debt assessment here. (Do not skip this step!) By signing up for a free assessment, National Debt Relief can assist you in settling your debt, but only if you schedule the assessment.

Try it

Netflix cracked down on password sharing

Diego/Adobe netflix logo on smartphone in man hand with movies in background

One of the fun things about Netflix was that you could share the account’s password with plenty of people — or have someone share their password with you. Maybe you used your parents’ password at college or tossed a few bucks to a friend for their password.

However, Netflix started cracking down on the practice earlier this year. Now, you’ll need to pay extra to share an account with someone else.

You may not enjoy some of the content

Renata Sattler /Adobe screen showing streaming services in brazil on roku express tv box device

One of the great things about Netflix is that it was a pioneer in streaming and had plenty of content to help users find what they wanted.

But more streaming competition means the movies and shows you wanted to watch could be on a different streaming service now.

Different services also have different original content, so think about the new shows you want to watch that might be on other services.

Your favorite show could get canceled

Kaspars Grinvalds/Adobe Man watching movie on tablet

Netflix doesn’t hesitate to cancel shows that aren’t pulling in new subscribers. You could get attached to an original show and have it canceled even though it ended on a cliffhanger.

One way to combat this problem may be only to get Netflix when you know a show has finished its run and won’t have to worry about it getting canceled too soon.

You can’t get DVDs anymore

Shi/Adobe iPad showing Netflix logo on the screen

Netflix started as a company that sent DVDs in the mail before it became a streaming service. However, the company shuttered its DVD program in October 2023, and the last remaining DVDs were returned to Netflix.

That may be a turn-off for potential subscribers who would’ve liked to have more access to non-streaming media as part of their Netflix subscription. Many DVD fans also enjoyed the better selection of movies found on discs.

You’ll pay more for Ultra HD

Daniel Krasoń/Adobe woman launches Netflix application on Lenovo tablet

You may have purchased an extra-big television to watch blockbusters or sports in Ultra HD.

The good news is that you can stream Ultra HD content with your Netflix subscription, so you can enjoy streaming plenty of action movies and thrillers.

The downside, however, is you’ll have to get a Premium Netflix subscription to take full advantage of Ultra HD, which means you’ll need to pay $22.99 a month for the service.

It’s more expensive than other streamers

Koray/Adobe woman enjoying popcorn while watching netflix

You may be surprised to find that while Netflix is competitive with other streaming services, it could cost you more per month, depending on what you want.

The ad-free version of Disney+, for example, is $13.99, which is $1.50 less than Netflix’s standard ad-free version. The ad-free version of Paramount+ also includes Showtime for $11.99. Apple TV+'s ad-free version is set at only $9.99.

Earn cash back on everyday purchases with this rare account

Want to earn cash back on your everyday purchases without using a credit card? With the Discover®️ Cashback Debit Checking account (member FDIC), you can earn 1% cash back on up to $3,000 in debit card purchases each month!2

With no credit check to apply and no monthly fees to worry about, you can earn nearly passive income on purchases you’re making anyway — up to an extra $360 a year!

This rare checking account has other great perks too, like access to your paycheck up to 2 days early with Early Pay, no minimum deposit or monthly balance requirements, over 60K fee-free ATMs, and the ability to add cash to your account at Walmart stores nationwide.

Don’t leave money on the table — it only takes minutes to apply and it won’t impact your credit score.

Apply for a Discover Cashback Checking account today

A Basic plan still exists for some customers

AA+W/Adobe video streaming apps on Apple iPhone

You may be an existing Netflix customer who might think the current prices don’t sound right. After all, you have the ad-free Basic plan for $9.99 a month.

Unfortunately, Netflix doesn’t offer that option to new customers or returning customers, keeping it only for customers who already have that plan.

Be careful if you’re still using this basic plan. You can still receive it now, but any changes you make to your current plan will likely mean you can’t switch back to Basic.

It’s not great for live sports

tashatuvango/Adobe Netflix on smartphone screen

One of the big reasons some viewers still won’t cut the cord is because they want access to live sports.

Netflix might be cheaper than cable or a live streaming service like Hulu Live or YouTubeTV, but the service is only starting to offer live sports, with a tennis match. Whether or not they will continue to add more live sports is still in the air.

Bottom line

hamara/Adobe Netflix logo on smartphone screen

Netflix can be a good alternative to live streaming stations or cable, but it can also cost you extra money if you’re not aware of the different plans.

You can also review the top cash back credit cards and see which offer earning rewards for Netflix or streaming services to lower your monthly costs.

Lucrative, Flat-Rate Cash Rewards

5.0
info

Wells Fargo Active Cash® Card

Current Offer

$200 cash rewards bonus after spending $500 in purchases in the first 3 months

Annual Fee

$0

Rewards Rate

Earn unlimited 2% cash rewards on purchases

Benefits and Drawbacks
Card Details