Hulu is temporarily cutting the cost of its cheapest streaming plan

And it comes right as Netflix is about to implement a price hike.

You've got until the end of 2017 to get a Hulu subscription for cheaper than normal.

Hulu is offering a special promotion – $5.99 a month for its lowest-tier "limited commercials" plan. 

There is a catch: The promo price only lasts a year. After 12 months, the price will jump up to the regular $7.99 a month. 

The offer is available through Jan. 9, 2018, and is for new customers and eligible returning subscribers.

Related:– The Tip Jar: Are online TV streaming packages cheaper than cable?

Hulu's "no commercials" plan isn't discounted at all, and is still $11.99 a month. Nor is the Hulu with Live TV subscription, which is still $39.99 a month.

Interestingly, Hulu's $2 off deal is being publicized right after Netflix announced it's increasing the price of its most popular streaming plan starting in November.

According to Variety, that was just a coincidence. Hulu did a quiet roll out of the $5.99 offer starting Sept. 21 (more than two weeks prior to Netflix's announcement), and a spokesperson told Variety the promotion is a tie-in with the start of the fall TV season.

Still, if you were thinking about signing up for Hulu, this might be a good time to do it. You can always cancel before the price jumps.

If you're a college student though, there's an even better bargain right now: Hulu and Spotify partnered to offer a $4.99-a-month bundle deal.

For that price you get Hulu's "limited commercials" plan, plus Spotify Premium – a discount of $9.99 a month when compared to getting each separately.

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