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How to Split Your Netflix Subscription Cost with Pool

Split your Netflix subscription the smart way by tracking shared streaming costs, automating payments, and keeping everyone in sync with Pool.

A laptop displaying a video lying on a table.

We all experience a certain joy that comes with binge-watching our favorite shows or movies. Netflix has arguably become the most popular streaming service. There's nothing wrong with wanting to spread that joy and entertainment with your friends and family — it makes it more fun when you can chat about the latest Netflix original movie.

With Netflix's recent price increases, you've started to consider canceling your account. Hold your horses on the cancellation. Pool has a way to solve that problem.

In this article, you will learn about:

  • Netflix's current pricing
  • How to share your account with family and friends
  • Using Pool to split the Netflix subscription cost
  • How to use the Pool debit card to pay for your subscription

Netflix pricing

Some time ago, there was no way you could live without cable. All of the best shows and movies were only aired on television. Streaming services are now giving cable companies a run for their money, streaming the same content, and more.

Netflix has been a top streaming service since 2007. Not only do they have television shows and movies that aired in theaters, but they also produce original content.

While Netflix continues to have its users on their toes waiting for what they will bring next, other streaming services are emerging:

  • Disney+
  • Hulu
  • Max
  • Peacock
  • Prime Video

With the competition increasing, all streaming services are in a fight to be the best — which is why Netflix continues to update its subscription prices.

What do Netflix's current prices mean for you?

More money is coming out of your pocket. According to Netflix, here are the current monthly plans:

  • Standard with ads: $8.99/month
  • Standard (no ads): $19.99/month
  • Premium: $26.99/month

The Basic plan has been discontinued. Different plans offer different streaming options:

  • The Standard with ads plan allows streaming on 2 devices at a time
  • The Standard plan allows HD streaming on 2 devices at once
  • The Premium plan allows HD or Ultra HD streaming on 4 devices at once

How to share Netflix with family and friends

Netflix now restricts accounts to one household — defined as people living under the same roof using the same internet connection. The days of freely sharing a password with anyone outside your home are over, as Netflix cracked down on password sharing in 2023.

However, Netflix has introduced an Extra Member feature for people who want to share with someone outside their household. Account holders can add an extra member at a reduced price:

  • Standard: Add 1 extra member for $7.99/month with ads or $9.99/month without ads
  • Premium: Add up to 2 extra members for $7.99/month with ads or $9.99/month without ads

Extra members get their own account and password, but the cost is covered by the primary account holder. This is where Pool comes in — there's no reason the primary account holder should foot the entire bill alone.

How to use Pool to split Netflix costs

You've been considering canceling your Netflix account because the price increase is slowly chewing away at your grocery money. It's your third day of eating packaged ramen noodles.

As soon as you're about to cancel, you hear that your old show is coming back with a new season. You don't want to miss out on the excitement and banter about it on social media.

After some thought, you realize it was never fair for you to be the only one paying for the subscription. After all, your sister uses it more than you do. Pool has a way of taking care of that.

The process for setting up your Pool to split the Netflix cost is rather easy:

  1. Sign up at Poolmoney.com and create a Pool for your Netflix subscription.

Now, there are two ways to receive contributions to your Netflix Pool:

  1. Invite members to your Pool
    Create a Pool for your Netflix-splitting group and invite your subscription members by email. Once they’ve signed up and joined the Pool, they can contribute funds directly from their linked bank accounts.
  2. Manage Netflix payments with the Pool debit card
    Once everyone has contributed, the Pool Admin or any chosen Spenders can use the Pool debit card to manage the Netflix subscription payment. Pool members can also track activity in one place, including member contributions and monthly Netflix payments, so everyone can see where the money is going.

Using Pool to pay for your Netflix subscription

Time to make that monthly payment — and this time, you're not doing it with a frown on your face because the financial burden wasn't all on you.

With the Netflix cost split amongst all the users, you feel more at ease. The free Pool debit card allows you to pay for your Netflix subscription directly from the Pool. Once you receive everyone's contribution to the Pool, the payment is ready to be made. You can set up your Pool debit card for automatic payments in your Netflix payment settings.

So what does Pool charge you for this smooth process? Nothing at all.

Start using Pool today

That Netflix price increase didn't affect you after all. After using Pool to split the cost with others, you're paying even less than you did before.

It's like you just activated a new cheat code. Maybe you can afford to order that pizza now. There's no need to wait — start using Pool to share your Netflix cost with those who use it more than you do. Get started at poolmoney.com today!


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