The $29.99 annual plan is Peacock's cheapest option, but it comes with ads

Peacock offers a plan for $29.99 per year, which breaks down to about $2.50 per month. This is their lowest-cost subscription tier. The catch: you watch ads during shows and movies, similar to free ad-supported streaming services. If you can tolerate commercials, this plan gives you access to Peacock's full library of content—NBC shows, movies, sports, and news—for less than the cost of three months on most other streaming services.

The annual payment is a one-time charge, not a monthly subscription. You pay the full $29.99 upfront, and your access runs for 12 months from the date you sign up. After the year ends, you'll need to renew if you want to keep watching.

Key Takeaways

  • The $29.99 annual plan includes ads but gives you full access to Peacock's entire content library for a full year.
  • You pay the entire amount upfront as a single charge, not in monthly installments.
  • This plan is available directly through Peacock's website or app—you don't need a cable subscription or special code.
  • If you have certain cable or internet providers, you may already have Peacock included free or at a discount through your existing service.
  • The plan auto-renews after 12 months unless you cancel, so set a reminder if you don't want to be charged again.

How to sign up for the $29.99 annual plan

Go to peacocktv.com or open the Peacock app on your phone, tablet, or streaming device. If you don't have a Peacock account yet, select "Sign Up" and enter your email address and a password. You'll be asked to choose a plan.

Select the ad-supported annual plan—Peacock labels it as "Premium with Ads" or "Annual Plan" depending on where you're signing up. The price will show as $29.99 for 12 months. Enter your payment method (credit card, debit card, or PayPal), confirm the charge, and your subscription begins when ready. You can start watching right away.

If you already have a free Peacock account, log in, go to your account settings, and look for "Manage Subscription" or "Upgrade Plan." Select the annual ad-supported plan and follow the same payment steps.

What you get with this plan

The $29.99 annual plan includes access to Peacock's full catalog: current and past seasons of NBC shows like The Office, Parks and Recreation, and Saturday Night Live; movies from Universal and other studios; live sports including Premier League soccer and WWE wrestling; news from NBC News; and Peacock Originals (shows made only for Peacock). You can watch on up to four devices at the same time, though only one person can stream at a time on a single account.

The main limitation is ads. You'll see commercials during shows and movies, similar to watching broadcast television. The ads are typically 15 to 30 seconds and play at natural breaks in the content. Some live sports events may have fewer ad breaks than on-demand shows.

When Peacock offers discounts or promotions

Peacock occasionally runs promotions that reduce the annual price further or offer free trial periods. These deals are most common during major shopping events like Black Friday, Cyber Monday, and back-to-school season. They also appear around the start of major sports seasons (NFL, college football, Premier League).

To find current promotions, check Peacock's homepage when you visit peacocktv.com, or search online for "Peacock annual plan discount" along with the current month. Deals change frequently and vary by region, so there's no may provide one will be running when you sign up.

If you're a Comcast, Cox, or Verizon customer, you may already have Peacock included free or at a reduced price through your internet or cable package. Check your provider's app or website before paying separately.

How to cancel or manage your subscription

To cancel your Peacock subscription, log into your account on peacocktv.com or the app, go to Account Settings, and select "Manage Subscription." You'll see an option to cancel. Peacock will ask you to confirm and may offer a discount to keep you subscribed—you can ignore this and proceed with cancellation.

If you cancel before your 12 months are up, you lose access when ready. Peacock does not offer refunds for unused time on annual plans. If you cancel after your year ends but before the auto-renewal charge, you won't be charged again.

To avoid surprise charges, set a calendar reminder for 11 months after you sign up. Log in and cancel before the auto-renewal date if you don't want to continue. You can also check your account settings anytime to see your renewal date.

Ad-supported vs. ad-free plans

Peacock offers three tiers: a free ad-supported plan with limited content, the $29.99 annual ad-supported plan (full library with ads), and a Premium Plus plan with no ads. The Premium Plus plan costs $59.99 per year or $5.99 per month and removes all commercials.

If you watch a lot of content, the ad-free plan may feel worth the extra $30 per year. If you don't mind ads or watch casually, the $29.99 plan is the better value. There's no trial period for the paid plans, so you can't test the ad experience before paying.

Frequently Asked Questions

Can I share my Peacock account with family members?

Peacock allows one person to stream at a time per account, even though you can log in on up to four devices. If multiple family members want to watch simultaneously, each person needs their own subscription. Peacock does not offer a family plan or multi-user account option.

What happens if I don't cancel before the year is up?

Your subscription auto-renews on the anniversary of your sign-up date. You'll be charged $29.99 again for another year. If you don't want to renew, cancel at least a few days before your renewal date. Check your account settings to see the exact renewal date.

Is the $29.99 annual plan available outside the United States?

Peacock is available in the United States and some U.S. territories. If you're outside the U.S., you won't be able to sign up. Pricing and plan options may also vary by region if you're in a supported area.

Can I upgrade from the annual plan to the ad-free plan mid-year?

Yes. Log into your account, go to Manage Subscription, and select the Premium Plus plan. Peacock will charge you the difference between what you've already paid and the cost of the ad-free plan for the remaining months. You'll then have ad-free viewing for the rest of your subscription period.

Do I need a cable subscription to buy the $29.99 plan?

No. You can buy the plan directly from Peacock with just a credit card or PayPal account. However, if you already have cable or internet service from Comcast, Cox, or Verizon, check whether Peacock is included free or discounted before paying separately.