Netflix has just raised the price of their standard plan from $9.99 to $10.99 and has raised the price of their premium plan, which grants you 4K content, from $11.99 to $13.99. According to Mashable, come this November, those new prices will go into effect for everyone with no grandfather period.
The basic Netflix plan, which I suspect hardly anyone has since it only allows standard definition streaming, has remained and will remain $7.99. It’s the standard and premium plans, which the vast majority of subscribers have, that have already increased for new members and will increase in about a month for all existing subscribers.
The price hikes will go into effect in November for existing subscribers. The exact date depends on when your individual billing cycle ends. Starting on October 19th, Netflix will begin notifying its users of the price increase with a 30 day notice.
When Netflix last increased their prices in 2015, they implemented a grandfathering system that delayed the increase for many existing users until 2016. That won’t be the case this time because this latest price increase will go into effect immediately when it arrives next month.