Updated November 14, 2016

The best things in life are free — but as of May 2016, Netflix’s Standard plan is \$9.99 per month.

That’s up from \$8.99… or even \$7.99, if you’re a real Netflix OG who’s been binge-watching since before it was cool.

And even though a dollar or two more a month might not seem like much, we Penny Hoarders know that every cent counts.

That’s \$12-\$24 a year that could go toward your morning coffee, your wireless bill… heck, it could buy a bottle (or two!) of really awesome wine.

Luckily, we have a way to get around the price hike. In fact, if you follow our advice, your binge seshes will be 100% free of charge.

### How to Get Free Netflix

Douglas Clinton figured out how to get Netflix for free using a cash-back rewards card available through Bank of America.

Since I had a Bank of America account already, I decided to give this method a try months ago. It works!

Plus, the card he uses is a great one, anyway: It rewards you for getting in the habit of paying down your balance every month.

Be sure to check out the original article for full details, but here’s the basic outline of Clinton’s strategy:

1. Open an account with Bank of America and sign up for the BankAmericard Better Balance Rewards Card
2. Make sure to set up direct deposit or keep a balance of at least \$1,500 in your account to avoid the \$12 monthly maintenance fee
3. Update your Netflix payment information to charge your Better Balance Rewards Card
4. Pay the card off in full each month to reap a \$25 reward at the end of each quarter
5. Set up the reward to deposit directly into your Bank of America checking account to get an extra \$5 reward

That’s \$30 in free cash back every three months — all for developing the good behavior of paying your credit card balance all the way down.

And even though Clinton’s math is based off a monthly Netflix price of \$8.67, that \$30 still covers your entire Netflix bill: \$9.99 x 3 = \$29.97.

You just won’t have the extra \$4 in your pocket that he was able to enjoy.

So when it comes to the Netflix price hike? Chill out. You’re still getting it for free.

Your Turn: Do you get free Netflix?

Jamie Cattanach (@jamiecattanach) is a staff writer at The Penny Hoarder. She’s three-quarters of the way through her second time watching Mad Men, and she’s watched all the seasons of Orange is the New Black a number of times she refuses to admit.

# Top Articles

### Ben & Jerry’s Free Cone Day is April 4! Here’s the Scoop

One of our favorite days of the year is soon approaching: Ben & Jerry’s Free Cone Day. Here’s how to grab your free scoop.

### How Long Can You Store Food in the Freezer? This Chart Has Your Answer

Not sure how long you can freeze chicken, tomato sauce or bread -- or even if you should freeze it? Use this handy chart to plan how to save money on groceries using your freezer.

### What’s a Credit Score Really Worth? Maybe Not Much After This

All three major credit reporting agencies -- Experian, Equifax and TransUnion -- have now been called out for overhyping the credit scores they’re selling.

### 15 Sneaky Psychological Tricks That Will Help You Save More Money

Want to save more money this year? Use these 15 psychological tricks to force yourself into better financial habits.

### Strong Vs. Weak Dollar: A Super Simple Breakdown of What it Actually Means

For decades, policymakers have argued for a strong vs. weak dollar. Here’s what that really means, and why Donald Trump wants a weak dollar instead.

### Think You Know About Personal Finance? Well, You’re Half Right

Americans can answer money management questions correctly only 49% of the time. And those who know more about personal finance are more likely to seek help.

### 40% of Freelancers Don’t Have a Formal Retirement Plan. Here’s Why

According to Small Business Majority, 40% of freelancers don’t have a formal retirement plan. Here’s a look at the struggles of saving for retirement as a freelancer.

### Here’s Why Wells Fargo Just Introduced Cardless ATMs (It’s Actually a Really Smart Reason)

ATM skimming leads to huge amounts of information being stolen each year -- and Wells Fargo wants to help fight it. Here’s how.

### This Generation Will Have to Save More for Retirement. (Hint: It Begins With an “M”)

Wondering how much to save for retirement? A recent survey found 63% of participants plan to retire on less than \$1 million. But for millennials, that might not be possible.

### A New Study Says Debt Will Haunt Some Americans Forever (Literally)

A new study reports that 73% of Americans are dying with debt, confirming what we feared: That debt, like death, is inescapable.

### 37% of Americans Cannot Afford a Surprise Medical Bill of \$100

A new study says 37% of Americans would be unable to pay an unexpected medical expense of \$100 -- but an emergency savings fund could help.

### Why You Definitely Need to Invest \$5 in the Stock Market Right Now

Wondering how to start investing? Stash makes it simple to get started so you can make your money work for you, even if you don’t have much to spare.