Understanding Billing Cycles
Understanding billing cycles is essential for managing your subscriptions effectively. Here's a straightforward guide to help you navigate them:
What Are Billing Cycles?
A billing cycle is the interval between subscription charges. Common options include:
- Monthly (charged every month)
- Quarterly (charged every three months)
- Semi-Annual (charged every six months)
- Annual (charged once a year)
Longer billing cycles offer better prices because they come with larger discounts compared to shorter cycles. Choosing an extended billing period can help you save more over time.
Switching Between Billing Cycles
At FusedSub, you can switch your billing cycle at any time (If available). For example:
- From Monthly to Quarterly or Semi-Annual: Upgrade to a longer billing cycle for better savings.
- From Semi-Annual to Quarterly or Monthly: Downgrade to a shorter billing cycle if needed.
This flexibility ensures your subscription aligns with your preferences and budget.
How Are Payments Handled When You Switch?
If you change your billing cycle, the update will take effect at the end of your current billing period. This means:
- You will continue to use your current subscription until the end of the current billing period.
- At the end of the current cycle, your subscription will automatically renew under the new billing cycle and payment amount you selected.
This approach ensures a smooth transition without affecting your current subscription period.
Example Scenario
Let’s say you’re on a monthly plan and decide to switch to a quarterly plan. Here’s what happens:
- You continue using the monthly plan until the end of the current month.
- When your current billing period ends, the subscription will renew under the quarterly plan, and you will be charged the quarterly price moving forward.