Home Finance Spotify’s premium prices have gone up again. Here’s how much you’ll pay

Spotify’s premium prices have gone up again. Here’s how much you’ll pay

by Editorial Staff
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Spotify is a well-liked leisure app that enables customers to stream music, audiobooks, and podcasts. The corporate presents an ad-supported free plan and several other paid premium plans with ad-free music streaming.

Current clients must be conscious that subscription costs have lately elevated. New subscribers pays simpler instantly, whereas present subscribers pays extra at their subsequent renewal.

Spotify is elevating costs for the second time in a yr

In July 2023, Spotify introduced a rise in subscription costs for its providers. Sadly, in lower than a yr, the subscription charge will go up once more.

On June 3, 2024, Spotify stated in a weblog put up that value changes could be made in order that the corporate may proceed to enhance the options of its merchandise. All costs for the Spotify Premium plan (besides the coed plan) are costlier.

As of June 3, 2024. new subscribers pays the next month-to-month charges:

  • Particular person: $11.99 USD
  • Duet: $16.99 USD
  • Household: $19.99 USD
  • Pupil: $5.99 USD

Current subscribers will obtain an electronic mail over the following month explaining the worth enhance. The corporate shared a screenshot of an instance electronic mail alerting a present buyer that their subscription shall be renewed on the up to date charge in July.

I obtained an electronic mail this morning saying I shall be billed greater beginning in July. With tax, I used to pay $18.18 a month for Spotify Household, however will quickly be paying $21.39. That is a rise of $38.52 yearly.

Sadly, Spotify doesn’t provide an annual subscription. I want to see this feature sooner or later. Some manufacturers present discounted subscription costs for patrons who subscribe on an annual foundation. Discounted annual plans will help loyal subscribers preserve more cash of their checking accounts.

Premium plans go up by $1 to $3 per thirty days

Subscriptions now value between $1 and $3 per thirty days, relying in your Spotify Premium plan.

Spotify Household subscribers will really feel the most important influence, however on the brilliant aspect, this plan permits as much as six customers to share a subscription. So this plan nonetheless offers an awesome profit in case you have a number of relations or roommates sharing the advantages.

Here is an outline of the worth modifications:

Happily, Pupil subscribers will proceed to pay the identical value.

This hack will prevent over $40 a yr on Spotify Premium

As talked about above, Spotify doesn’t provide an annual subscription charge for its plans. Nonetheless, you should buy a 12-month Spotify present card to keep away from paying the elevated charge. This present card can be utilized to pay for a 12-month Spotify Particular person subscription.

These present playing cards are offered at retailers like Amazon and Greatest Purchase for $99. The packaging will state that the present card is sweet for a 12-month Spotify Particular person subscription. You’ll be able to then redeem the present card by your Spotify on-line account.

This technique permits you to renew your annual subscription at a reduced value. As a substitute of $143.88 per yr ($11.99 per thirty days x 12), you may pay simply $99 for a financial savings of $44.88. Word that this technique is not going to work for different premium plans, just for Spotify Particular person.

If you cannot get across the value hike, take into account paying your month-to-month subscription with a rewards bank card. Incomes rewards will help you offset rising prices related to inflation. Try our checklist of the very best money again bank cards to see how one can get money again in your spending.

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