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Netflix Price Hike 2022: What you need to know

Updated on
min reading
family watching Netflix with Netflix logo and Selectra logo

Streaming giant Netflix is raising its prices for UK subscribers with immediate effect. Keep reading to find out how much your Netflix subscription is going up by and if you can avoid paying more.

Why is Netflix Increasing Its Subscription Price?

For the second time in less than 18 months, Netflix is raising its subscription for each of its 14 million UK subscribers. For the first time in 10 years, Netflix has increased the cost of its basic subscription.

Netflix has justified the updated pricing structure by stating that the new prices reflect its investment in the Netflix service and catalogue, and that it will allow Netflix to continue making new content for its subscribers.

Netflix Logo

The new Netflix price hike will affect both new and existing subscribers. Existing subscribers will be notified by email and the new price will take effect from their next billing cycle.

How Much Does a Netflix Subscription Cost in 2022?

For the past decade, a Basic Netflix subscription in the UK has been £5.99 per month. With the basic subscription, subscribers were able to watch and download TV shows and movies on a single device (smart TV, mobile, tablet, etc).

A basic Netflix subscription now costs £6.99 per month, an increase of £1.

At the other end of the spectrum, a Premium Netflix subscription was £13.99 per month and has increased by £2 to £15.99 per month.

You can compare Netflix’s new and old prices in the table below.

Comparison of Netflix Prices March 2022
  Basic Standard Premium
New Price £6.99 £10.99 £15.99
Old Price £5.99 £9.99 £13.99
Increase of £1 (16.69%) £1 (10.01%) £2 (14.29%)

Correct as of 11th March 2022

How Can I Avoid Paying More For Netflix?

If you’re currently subscribed to the basic plan, unfortunately you will end up paying more if you want to maintain your subscription. However, users on the Standard or Premium tiers could save money by downgrading their Netflix subscription.

To find out if you could save money by downgrading your Netflix subscription, take a look at the table below that explains what’s included in your subscription.

Comparison of Netflix Plans March 2022
What's Included Basic Standard Premium
Subscription Cost £ 6.99 £ 10.99 £ 15.99
Number of screens you can watch on at the same time 1 2 4
Number of phones or tablets you can have downloads on 1 2 4
Unlimited movies, TV shows and mobile games      
Watch on your laptop, TV, phone or tablet      
HD available      
Ultra HD available      

Correct as of 11th March 2022

As you can see, by downgrading from Netflix's Premium plan to its Standard plan, you could save £5 per month, or £60 per year. You would need to consider that you would only be able to watch Netflix on two devices at the same time, and you would lose access to Ultra HD.

Alternatively, you might want to Compare The Best UK Streaming Services and ditch Netflix altogether in favour of a different streaming service such as Netgem TV.

How to Change Your Netflix Plan

To upgrade or downgrade your Netflix plan, you simply need to follow these steps:

  1. Sign in to your Netflix account on a web browser
  2. Under Plan Details, choose Change Plan
  3. Decide which plan you want to switch to, and then press Continue or Update
  4. Check the confirmation page to make sure you’ve chosen the correct changes
  5. Press Confirm Change or Confirm

Your Netflix plan is changed with immediate effect, this means that your billing date will change and you may need to pay a pro-rata based payment if you’ve upgraded your Netflix plan, or you may receive a pro-rata based refund if you’ve downgraded your Netflix plan.

The services and products mentioned on this website may only represent a small selection of the options available to you. Selectra encourages you to carry out your own research and seek advice if necessary before making any decisions. We may receive commission from selected partner providers on sales of some products and/or services mentioned within this website. Our website is free to use, and the commission we receive does not affect our opinion or the information we provide.

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