Earlier, this year, Netflix increased the prices for their different subscription plans for their 214 million subscribers globally. Due to the increase, some subscribers might consider downgrading their subscriptions while others are ready to upgrade to different plans. Netflix’s membership plans offer different video quality, price points, and the number of devices that can stream at the same time. Here’s how to change from an existing Netflix subscription plan to another.
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Netflix Subscription Plans & Prices
First, there is the Mobile plan which costs $2.99 per month and allows subscribers to stream from one device at the same time. Unfortunately, for this plan, you will only be able to stream from only a mobile phone or tablet.
For the “Basic” plan which costs $3.99 per month, subscribers can stream from a single device at the same time using a maximum resolution of 480p, or standard definition.
The “Standard” plan costs $7.99 per month and allows you to watch on two devices at the same time with a maximum resolution of 1080p, or full high definition.
The most prices subscription plan on Netflix is the “Premium” plan which costs $9.99 per month but you will be able to stream on four devices (at the same time) at a maximum picture quality of 4K ultra-high definition.
How to Change your Netflix Subscription Plan
Subscribers can either downgrade to a subscription plan with less monthly subscription fees or upgrade to a priced subscription plan of their choice. Here is how you can upgrade or downgrade your Netflix subscription.
Step 1: Sign in to your Netflix account. Select your Netflix profile. On the home page, tap on the dropdown arrow next to the profile icon at the top right corner. From the popup menu, select “Accounts.”
Step 2: On the Accounts page, scroll down to plan details. Under Plan Details, you will be able to see the Netflix plan that you are currently subscribed to, click on Change Plan to proceed. If your account is on hold, no plan changes can be made until the hold is resolved.
Step 3: On the “Change Streaming Plan,” you will have to select your new preferred plan. After making your selection, select Continue or Update.
Step 4: Select Confirm Change or Confirm.
What Happens After you Have Changed Subscription Plan on Netflix
A subscription plan upgrade takes effect immediately so you can enjoy all of the added features. For instance, if you upgrade from a mobile plan to a basic plan or basic plan to a standard plan or from a Standard plan to a premium plan. Considering that Netflix is a prepaid service, your billing date will change based on the remaining balance of your last payment. However, you can choose to change back to your previous billing date.
Unfortunately, if you downgrade from your previous high-priced subscription plan to a subscription plan with a lower price, the plan will take effect on your next billing date. This means that you can continue to use the features of the higher plan until your next billing date.
Subscribers can upgrade their subscription plan anytime. For instance, you can upgrade from Basic to Standard, and then upgrade from Standard to Premium in the same month. However, if you downgrade your plan, your downgrade will only take effect on your next billing date.
If you are downgrading your subscription plan because your wallet is on the low, you can choose to cancel Netflix at any time and restart the subscription when your finances are in check.