What you get with Peacock's annual plan
Peacock offers a yearly subscription option that lets you pay once for 12 months of access instead of paying month to month. The annual plan costs $59.99 per year (as of 2024, though pricing can change). You get the same streaming content and features as the monthly plan at that price point — no separate tier or limited library.
When you buy the annual subscription, your payment covers the full 12 months from the date you purchase. Your access renews automatically on the same date each year unless you cancel before the renewal date. You can watch on any device Peacock supports: phones, tablets, computers, smart TVs, and streaming devices like Roku or Apple TV.
Peacock's annual plan includes ad-supported streaming. This means you will see advertisements during shows and movies, similar to traditional television. If you want to remove ads, Peacock offers a separate ad-free tier (Peacock Premium Plus) that also has an annual option at a higher price.
Key Takeaways
- Peacock's annual subscription costs $59.99 per year and renews automatically each year on your purchase date.
- The annual plan includes the same content library and features as the monthly plan, with ads included in the standard tier.
- You can watch on phones, tablets, computers, smart TVs, and streaming devices that support the Peacock app.
- Cancelling before your renewal date stops the automatic charge, but you keep access through the end of your paid year.
How the annual plan compares to monthly billing
Peacock's monthly plan costs $5.99 per month for the same ad-supported content. Over 12 months, that adds up to $71.88 — about $12 more than the annual plan. The annual option saves you money if you plan to keep the subscription for the full year.
Both plans give you identical access to Peacock's library: shows like The Office, Parks and Recreation, Saturday Night Live, sports events, movies, and news. The difference is only in how often you pay and the total cost. Monthly billing is more flexible if you think you might cancel partway through the year.
Peacock also offers a free tier with limited content and ads, which requires no payment. The annual and monthly paid plans unlock the full library.
How to purchase and manage your annual subscription
You can start an annual subscription through Peacock's website or mobile app. During sign-up, you choose the annual billing option and enter your payment method (credit card, debit card, or PayPal). Peacock will charge the full $59.99 when ready, and your subscription begins right away.
To manage your subscription, log into your Peacock account and go to Account Settings. There you can view your renewal date, update your payment method, or cancel your subscription. If you cancel before the renewal date, your access continues through the end of your paid year — you do not lose access when ready.
If your payment method fails at renewal, Peacock will attempt to charge you again. If the charge continues to fail, your subscription will pause until you update your payment information.
What happens when your annual subscription renews
Thirty days before your renewal date, Peacock sends you a reminder email showing the date you will be charged and the amount ($59.99). On the renewal date, Peacock automatically charges your payment method on file for another year of access.
If you do not want to renew, you must cancel your subscription before the renewal date. Cancelling stops the automatic charge but does not refund the current year's payment. You keep access through the end of your paid period.
If you cancel and later want to resubscribe, you can restart your subscription at any time. Peacock does not require you to wait or go through a waiting period.
Annual plan versus ad-free options
Peacock's standard annual plan ($59.99) includes ads. If you want to watch without advertisements, Peacock offers Peacock Premium Plus, which is an ad-free tier. Premium Plus also has an annual option, though it costs more than the standard annual plan.
The ad-free tier gives you the same content library as the standard plan — the only difference is the removal of ads during playback. Some live sports and special events may still include ads even on the ad-free plan, depending on licensing agreements.
You can upgrade from the standard annual plan to Premium Plus at any time. Peacock will prorate the cost, meaning you pay only for the remaining months at the higher tier price.
Devices and simultaneous streaming on the annual plan
With an annual subscription, you can read the Peacock app on multiple devices and log in with the same account. You can watch on your phone, tablet, computer, and smart TV all with one subscription.
Peacock allows simultaneous streaming on a limited number of devices at the same time — typically up to four streams at once, though this can vary. If you exceed the simultaneous stream limit, you will see a message asking you to stop playback on another device.
The annual plan does not include a separate family plan or profile management beyond your single account. If multiple people in your household want to watch at the same time, you may need to upgrade to a higher tier or purchase additional subscriptions.
Frequently Asked Questions
Can I get a refund if I cancel my annual subscription?
Peacock does not refund annual subscription payments. Once you purchase the annual plan, the $59.99 is non-refundable. You keep access through the end of your paid year even after cancelling, so you do not lose the service when ready.
What happens if I upgrade to ad-free during my annual subscription?
You can upgrade to Peacock Premium Plus at any time. Peacock calculates the difference between what you have already paid and the cost of the ad-free tier for your remaining months, and charges you only that difference. The upgrade takes effect when ready.
Can I share my annual subscription with family members?
One Peacock account can stream on multiple devices and allows up to four simultaneous streams. However, Peacock does not offer a formal family plan for the annual subscription. If you need separate accounts or more simultaneous streams, you would need additional subscriptions.
Is the $59.99 annual price locked in, or can it increase?
Peacock can change subscription prices at any time. Your current annual plan is locked at $59.99 for the year you have paid for. When your subscription renews next year, Peacock may charge a different price. You will see the new price in the renewal reminder email before you are charged.
What if I want to pause my subscription instead of cancelling?
Peacock does not offer a pause or suspension feature. Your options are to keep your subscription active or cancel it. If you cancel and want to return later, you can restart your subscription whenever you choose.