Martin Lewis' Tips to Navigate Ring Doorbell's Price Hike

Martin Lewis' Tips to Navigate Ring Doorbell's Price Hike

Ring Doorbell Price Hike - Martin Lewis Tips.

Ring doorbell users are bracing themselves for an unwelcome price increase, but fear not! Martin Lewis, the renowned money-saving expert, has shared some invaluable advice to help customers beat the impending surge.

For those unfamiliar, Ring doorbell users can opt for an annual subscription to access features like cloud storage for camera footage, clip downloads, and exclusive discounts with Ring. However, the tech company's recent announcement of a 43% rise in its basic subscription plan, from £34.99 to £49.99, has left many users dismayed.

This substantial price hike, set to take effect in March, has prompted Martin Lewis to step in with practical solutions. His advice, shared on Twitter, offers a potential workaround to mitigate the impact of the increase.

Lewis suggests that Ring customers concerned about the higher price could consider canceling their subscription now to receive a pro-rata refund. However, he cautions that this action could result in the loss of saved video files. Nonetheless, customers can then re-subscribe at the current price, effectively locking in the lower rate for another year.

Martin Lewis Tweets Advice

While this strategy may delay the 43% price hike for subscribers, it comes with its own set of risks and trade-offs. Cancelling the subscription means sacrificing access to saved recordings and the inability to save, review, or share video footage during the interim period.

As the new prices are slated to come into effect on March 11th, time is of the essence for users considering Lewis' recommendation.

The window of opportunity to execute this plan is narrow, and users must weigh the benefits against the potential drawbacks carefully.

Martin Lewis' insightful advice provides Ring doorbell users with a practical approach to navigate the forthcoming price increase.

By understanding the options available and the associated risks, users can make informed decisions to protect their interests and finances in the face of this significant change.

If your looking for alternatives to 'ring' with no subscriptions or extra fees you can check out our blog with other fantastic alternatives here.

Until next time, Stay Safe!

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