Netflix raising rates on customers who were grandfathered in

  | 
Team Clark is adamant that we will never write content influenced by or paid for by an advertiser. To support our work, we do make money from some links to companies and deals on our site. Learn more about our guarantee here.

Two years ago Netflix announced they were raising rates. In order not to infuriate their existing customer base, they promised that longtime customers would be grandfathered into the $7.99 rate for two years. Well, that grace period is just about up, and the company has signaled they’ll now raise prices even on those longtime customers too.

Fortunately, you do have a choice in the matter. You can stay at the $7.99 monthly rate if you forgo high-definition (HD) programming and are fine with standard definition. But if you want that robust HD signal, the price will go up to $9.99, according to Tech Times.

What’s driving the price hike?

The reality is the amount of programming that Netflix offers today is so much greater than it was two years ago. Yet children’s programming remains a weak link in their catalog. Netflix, like so many other content providers, is basically lost in space when it comes to programming for tweens to early tweens (ages 7-13).

The current programming is either too childlike or too racy with no in-between. So Netflix says they’ll come up with 20 new shows, which will roll out in just a few weeks, that will be appropriate for kids. That’s a relief and great news for parents like me who have a 10 year old at home.

Read more: Secret Netflix codes unlock super-specific movie genres

Beware of this scam

In related news, if you’re a Netflix subscriber, you’re on the hit list of cyber-criminals who want into your wallet! Huffington Post reports some subscribers are being hit with a phony pop-up window that looks exactly like Netflix.

When you enter your account info to sign in, you get a message that says, ‘We have detected unusual activity on this account. To Protect your account for unauthorized use, we have temporarily suspended this username. To regain access to your account please contact Member Services at 1-800-947-6570.’

I should note that the real Netflix customer service number is 1-866-579-7172.

If you call the fake customer service number, you’re told to download special software that is a Trojan virus. It allows the criminals to take over your computer and look for sensitive financial info on it. If you ever need to call Netflix, make sure you call the right number. Do not respond to anything in any pop-up!

This post was last modified on March 22, 2017 1:06 pm

Recent Posts

Why Do Costco and Target Allow Cell Phone Salespeople? And Are They Legit?

You walk into a Costco browsing for treasures and hoping to find some delicious free…

9 hours ago

Chase Increases Sign-up Bonus for Popular Credit Cards for Limited Time

If you've been considering signing up for one of the Chase Sapphire credit cards, now…

3 days ago

6 Home Expenses You Have To Budget For (Beyond Your Mortgage)

The costs associated with owning a home go way beyond the amount on the mortgage. …

3 days ago

Should I Pay Off My Mortgage Before Retirement or Invest?

Inflation hits people on a fixed income the hardest. Say you're retired. You're living off…

3 days ago

Should I Fire My 1% Financial Advisor To Save on Fees?

Deciding to save and invest are great habits. But once you check that box, your…

4 days ago

Fubo Drops Popular Channels Amid Dispute with Warner Bros. Discovery

If you're considering subscribing to Fubo, you need to be comfortable missing out on some…

5 days ago