The Netflix streaming service announced that it will raise its rates in Argentina. The impact on bills will be up to 72% in the case of the basic plan.

Those who already have the service will begin to receive the notice 30 days before it becomes effective. The Premium plan that was $5,799 goes to $9,699. The final price, including taxes, is $15,421. The increase for the standard plan is 71.5% and 67.3% for the premium. The new values will apply, in principle, to new users. Then, they will come into effect for current customers who will receive an email in which they will be notified about this increase. The update date depends on the billing date of each client. Netflix charges your monthly membership in Argentine pesos (ARS). For technical reasons, card issuers may convert certain international charges to United States Dollars (USD), which explains why the charge on your statement appears in USD. “We want to thank you for being a Netflix member since 2015. We hope you are enjoying everything we have to offer,” the company says.