Subscription price hikes are everywhere — and you’re probably wondering which streaming channels and smart home services you can live without. However, if you use the money-saving hack suggested by Martin Lewis, you can get more out of your Ring subscription while paying less for longer.
Ring’s sharp price hike is the latest to be announced, with the cost of its Protect Basic subscription in the US increasing by 25%, from $39.99 to $49.99. Customers paying monthly will see their bills increase from $3.99 to $4.99. However, the Plus and Pro plans are not affected. You can see all US subscription options on Ring.
Things are even worse for UK customers, where prices for the Basic plan have increased by 43%, from £34.99 to £49.99 per device per year, or from £3.49 to £4.99 per month. The Ring Protect Plus plan is not affected – for now. Explore subscription plans at Ring.
The price increases will take effect on March 11, 2024. But you can use this to your advantage.
How to avoid Ring price increases until 2025
Money saving guru Martin Lewis has suggested a simple hack that will allow you to keep your current pricing plan for an extra year.
His advice is to cancel your current subscription and take out a new annual subscription before March 11. The rest of your subscription fee will be refunded and you can then sign up for a full year of the Basic plan at the current price of $39.99/£34.99.
Keep in mind that when you cancel your subscription, you may lose all recorded videos.
How to cancel your Ring Basic subscription
- Log in to your Ring account.
- Click on “Protection Plan,” which should be at the top of the page.
- Find your subscription and choose “Cancel Plan”.
- Click “Continue”.
- You will see options to cancel your plan at this point. To use Martin Lewis’ hack, you will need to choose to cancel your plan immediately.
- Confirm your cancellation by clicking “Cancel Ring Protect”.
Should you cancel your Ring subscription completely?
The other option is to cancel your Ring subscription plan completely, but this means you’ll lose some features of your Ring smart home devices.
You’ll still get live HD viewing, two-way talk, and motion alerts without a subscription.
However, you will lose video recording, saving and sharing from cameras and doorbells, as well as person and package alerts.
It depends on how much you rely on these features as to whether it’s worth it for you.
If you’re considering replacing your video doorbell, take a look at our top recommendations, including a budget-friendly, subscription-free option: Ezviz’s DB2.
