When you log in to Netflix on your Sky device it will link your Sky and Netflix accounts together so Sky take over the billing for Netflix meaning that it wouldn't use any credit on your Netflix acccount or charge the payment card registered to your Netflix account.
perhaps take a read of the Sky help guide here which explains how the Netflix offer works and how to set it up.
https://www.sky.com/help/articles/apps-on-sky-q-and-glass-netflix
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