# How do I change my plan?

You can change your plan at any time from your workspace billing settings. Changes take effect immediately.

### Upgrading your plan

{% stepper %}
{% step %}

#### Go to billing settings

Navigate to **Settings → Billing → Plans**.
{% endstep %}

{% step %}

#### Select a new plan

Click **Upgrade** on the plan you want to move to. You'll see a summary of the changes and any prorated charges.
{% endstep %}

{% step %}

#### Confirm payment

Review the charges and click **Confirm upgrade**. Your new plan is active immediately.
{% endstep %}
{% endstepper %}

When you upgrade mid-cycle, you're charged a prorated amount for the remainder of the current billing period. Your next full charge will be on your regular billing date.

### Downgrading your plan

Downgrades take effect at the end of your current billing period — you keep your current features until then.

{% hint style="warning" %}
Before downgrading, check that your usage is within the limits of your new plan. If you have more members, projects, or content than the lower plan allows, you'll need to reduce usage before the downgrade takes effect.
{% endhint %}

### Switching between monthly and annual billing

You can switch to annual billing at any time to receive a discount. The switch takes effect at your next renewal date. Switching from annual back to monthly is possible but will take effect at the end of your annual term.

### Cancelling

To cancel your subscription, go to **Settings → Billing → Plans** and click **Cancel plan**. Your workspace will revert to the Free plan at the end of your billing period. Your content is not deleted.


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