![](\"https:\/\/www.thesun.co.uk\/wp-content\/uploads\/2023\/10\/d6ad8990-79b2-414f-ab5b-ad9934885ee2.jpg\")
\n
![](\"https:\/\/www.thesun.co.uk\/wp-content\/uploads\/2023\/10\/iphone-13-showing-screen-netflix-830209145.jpg\")
<\/p>\nMARTIN Lewis has issued an urgent warning over Netflix's \u00a324 price hike – but also offered advice on how you could save cash. <\/p>\n
The streaming giant announced it will now be charging Brits more to watch their favourite shows. <\/p>\n
\n<\/p>\n
The cost jump will see those on a basic plan start paying \u00a37.99 a month, and those on a premium plan splash \u00a317.99 a month. <\/p>\n
This will now see Brits on a basic plan pay another \u00a312 a year increase, and those on a premium plan pay \u00a324 a year more. <\/p>\n
But, there are ways to cut costs, Martin said. <\/p>\n
He wrote on X, previously known as Twitter: "Netflix to hike prices by up to \u00a324 a year for some \u2013 here's what's happening." <\/p>\n
Martin then shared a link to his Money Saving Expert page, which offered tips on how to slice the amount coming out of your bank. <\/p>\n He said Brits could consider switching to a cheaper subscription.<\/p>\n The MSE advice reads: "If you're paying for premium and you don't stream on four screens or download on six devices, it may be worth switching to a standard plan to save \u00a37 a month." <\/p>\n They also said people could consider sharing an account with a family member or friend that they live with. <\/p>\n <\/span><\/p>\n <\/span><\/p>\n <\/span><\/p>\n <\/span><\/p>\n It said: "The standard Netflix plan without adverts lets you watch on two screens at once \u2013 and you don't have to be watching the same thing.<\/p>\n "Getting one subscription and splitting the cost with someone else means that you'll both only pay \u00a35.50 a month for ad-free, HD streaming.<\/p>\n "If you live with two or three others who use Netflix, you can save even more by splitting the premium plan \u2013 now \u00a317.99 a month \u2013 and paying \u00a36 a month or \u00a34.50 a month each."<\/p>\n Almost nine million households signed on to the streaming giant between July and September of this year, marking the biggest jump in subscription since the early Covid-19 lockdowns in 2020.<\/p>\n And while some customers will feel the pinch, ad-supported and standard subscription costs remain unchanged.<\/p>\n Netflix\u00a0axed its basic \u00a36.99 plan for new and rejoining\u00a0UK\u00a0(as well as US and Italy) subscribers in June, when it last hiked prices.<\/p>\n At the beginning of October, the Wall Street Journal reported that the streamer was planning on raising the cost of subscriptions again, a "few months" after the Hollywood actors strike ends.<\/p>\n The price hike has happened despite actors\u00a0continuing their strike over pay and the right to not have their appearance recreated by AI for studios to own forever.<\/p>\n During the summer price hike, many customers simply dropped down a subscription tier.<\/p>\n But a number of subscribers hit their limit earlier this month when rumours of another price hike swirled, with\u00a0many calling the company "greedy".<\/p>\n![](\"https:\/\/www.thesun.co.uk\/wp-content\/uploads\/2023\/10\/crop-24454162.jpg\")
<\/picture>CASH CLAIM <\/span><\/p>\nMartin Lewis issues warning to millions who could be owed \u00a31,000s from PPI sales<\/h3>\n
![](\"https:\/\/www.thesun.co.uk\/wp-content\/uploads\/2023\/10\/financial-journalist-martin-lewis-pictured-766176845-2.jpg\")
<\/picture>STAY TOASTY <\/span><\/p>\nMartin Lewis\u2019 MSE reveals six gadgets to help you avoid turning on the heating<\/h3>\n
Most read in Money<\/h2>\n
![](\"https:\/\/www.thesun.co.uk\/wp-content\/uploads\/2023\/10\/jr-rare-2p-coin.jpg\")
<\/picture>CASHING IN <\/span><\/p>\nHow to find out if your 2p coin is worth \u00a31,000 after Royal Mint mistake<\/h3>\n
![](\"https:\/\/www.thesun.co.uk\/wp-content\/uploads\/2023\/10\/newspress-collage-24449371-1697667479812.jpg\")
<\/picture>CASHING IN <\/span><\/p>\nYour 50p coin could be worth \u00a3300 if you can spot unusual number combination<\/h3>\n
![](\"https:\/\/www.thesun.co.uk\/wp-content\/uploads\/2023\/10\/2bhrb9p-pub-closed-blackboard-chalkboard-839673597.jpg\")
<\/picture>LAST ORDERS <\/span><\/p>\n‘Huge sadness’ as pub chain closes ALL locations due to spiralling costs<\/h3>\n
<\/picture>STAY TOASTY <\/span><\/p>\nMartin Lewis\u2019 MSE reveals six gadgets to help you avoid turning on the heating<\/h3>\n
Read More on The Sun<\/h2>\n
![](\"https:\/\/www.thesun.co.uk\/wp-content\/uploads\/2023\/10\/www-kingedwardacademy-co-uk-news-853372401.jpg\")
<\/picture>![](\"https:\/\/www.thesun.co.uk\/wp-content\/uploads\/2023\/10\/newspress-collage-17024717-1697731093871.jpg\")
<\/picture>