Categories: Netflix, DVD rental, movie rental

Netflix nixes monthly DVD rental charges by a dollar. In an effort to be competitive with Blockbuster and to maintain customer retention, Netflix is discounting memberships -- or so their quarterly earnings report promises.

Three-monthly DVDs will cost only $14.99 versus the original price of $16.99. The new rental bargain even applies to single monthly DVD rentals.

Consumer tip: Check your credit card or bank account to be sure that Netflix’s new discount is reflected on your monthly statement.