PlayStation Plus Is About to Raise Prices (but Here’s How You Can Avoid It)Reading Time: 2 minutes
If you can afford it, you can stack PlayStation Plus subscriptions before the price increase.
This week, Sony announced its plans to raise prices on all three PlayStation Plus annual subscriptions around the world. These price hikes are sizable: Sony is raising its annual PlayStation Plus Essential plan by $20, its annual PlayStation Plus Extra plan by $35, and its annual Play Station Plus Premium plan by $40.
You can see the new official prices listed below:
- PlayStation Plus Essential 12-Month Subscription: $79.99 (was $59.99)
- PlayStation Plus Extra 12-Month Subscription: $134.99 (was $99.99)
- PlayStation Plus Premium 12-Month Subscription: $159.99 (was $119.99)
While the increase is steep, especially for the Extra and Premium plans, it’s still a better deal overall than subscribing to any PlayStation Plus plan monthly or every three months. I guess it only makes sense from a business perspective to increase the prices of the annual plan if that increase is still a better value than the shorter subscriptions.
New PlayStation Plus prices kick in Sept. 6 for new subscriptions. If you aren’t subscribed to PlayStation Plus and decide to sign up on or after the 6th, these are the prices you will see.
These costs, of course, don’t affect you yet if you have an active annual PlayStation Plus subscription. That would be wildly anti-consumer. However, because of that, there is a loophole you can exploit.
No matter how much longer you have on your annual PlayStation Plus subscription, you can renew it—repeatedly, if you can afford it—before Sept. 6. If you do, Sony will charge you the old cost for the plan instead than the new one. Better yet, it adds onto your current subscription: If you subscribed to an annual PlayStation Plus Essential plan back in November, for example, and you pay for another year of it today, you’ll be set with the old price until November of 2024.
You’re able to stack PlayStation Plus subscriptions on top of each other to maximize savings and lock yourself into the old price. You can pay for another year in advance, for example, and extend that November 2024 subscription to November 2025. Add another, and you’re set until 2026, and so on. There doesn’t seem to be a limit to the number of years you can stack on your PlayStation Plus account, except for the amount of money you’re comfortable putting upfront.
Just remember: Every year you plan to continue subscribing to PlayStation Plus is another year you can either save or spend $20, $35, or $40 by stacking today.