Like many people I am price conscious and try my best to be a wise steward of my money. I have not had cable in around 10 years, and I only started using Netflix a few years ago. I have been a fan of Redbox over the years, and I especially enjoy Redbox for renting new movies once they come out on video. Often I receive promo codes that enable me to rent a movie for free. I received an e-mail promo code from Redbox recently, and I rented two movies tonight which was sort of a splurge for me. I was surprised when my DVD’s both came up as $1.75 each to rent. I am not like many people that own a Blu-ray player so I was renting a regular priced DVD. Also, I noticed that it did not seem like Blu-ray prices (nor video game prices) were recently raised, but for some reason the price of regular DVD’s was raised and they now cost $1.75.
I decided to do some “detective work” because I had not heard anything about the Redbox DVD price hike. When you do a google search using “redbox price increase”, you find lots of old information about their previous price hike from 2014 (or a bit of information about their price hike in 2011). The price hike in 2014 by Redbox was anywhere from a 25%-50% raise depending on what you were renting (DVD, Blu-ray DVD, or game).
I found one website that talked about the recent Redbox price hike which was helpful, especially since some other websites still are mentioning outdated information about Redbox DVD’s costing only $1.50 to rent. Slick deals is on it! (https://slickdeals.net/f/11427139-psa-redbox-dvd-price-increased-to-1-75)
Also, I checked the Rebox official website and the Rebox Fast Facts below was copied from their website (http://about.redbox.com/about-redbox/):
“Redbox Fast Facts
- $1.75 a day for DVDs, $2 a day Blu-ray™ Discs and $3 a day for video games”
While a price hike is not fun for consumers and while this price raise seems to be flying under the radar in terms of news press so far, I still maintain that Redbox is a very convenient and affordable way to rent movies. Their kiosks seem to be everywhere so it is not hard to find one while you are out shopping or on your way home from work or school. Redbox is something that I hope lasts for many more years to come, but hopefully they will lay off the price hikes for awhile.