PlayStation Plus prices to skyrocket – but there’s a way to avoid the hikes

Sony has quietly announced a price hike for the PlayStation Plus membership, costing users up to £20 more each year.

PlayStation Plus launched back in 2010 as a way for PlayStation Network users to get access to premium features. These add-on perks include early access to upcoming games, beta trials, regular store discounts, and automatic patch/update downloads. Members are also given six games to play each month, as well as 10GB of internet storage.

But gamers have always had to pay for these bonus features – and will soon be forking out more than ever.

In an e-mail sent to PlayStation Plus subscribers – and seen by Trusted Reviews – Sony revealed that monthly, quarterly, and annual price plans would all be rising in cost later this year.

PlayStation Plus Price Rise: How much more will you pay?

Here are the new PS Plus pricing tiers:

  • Annual – Old: £39.99 | New: £49.99
  • Quarterly – Old: £14.99 | New: £19.99
  • Monthly – Old: £5.99 | New: £6.99

The changes go into effect from 00:01 BST (London time) on August 31, 2017, and will affect all users.

But the price rises will hit some users harder than other, with those who make quarterly payments facing the biggest hike:

  • Annual – New yearly cost: £49.99 | Additional cost per year: £10
  • Quarterly – New yearly cost: £79.96 | Additional cost per year: £20
  • Monthly – New yearly cost: £83.88 | Additional cost per year: £12

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PS Plus Price Hike: How to avoid the extra cost

This price change is going to go live from August 31, so if you’re an existing member then all your recurring subscription fees on or beyond that date will be charged at the new price.

Fortunately, this means it’s possible to avoid the price hike, at least for a while. Up until August 31, you can purchase PlayStation Plus subscriptions at the current price. Sony says that these will be “stacked on” to your current membership period.

That means if you buy an annual subscription on August 30, you’ll be covered for another year. You could also buy subscription cards from third-party vendors like CDKeys and stack them up on your account for as long as you want to avoid the new pricing.

Buy Now: PS Plus (one-year) membership at CDKeys for £42.99

The other option is to simply cancel your PlayStation Plus membership altogether. To do this, dive into your account settings and turn off “auto-renew” at least 48 hours before your next payment on or after August 31, 2017 is due.

Why is Sony increasing PS Plus prices?

The question of “why?” is tricky to answer, because Sony hasn’t released an official statement detailing its reasoning behind the price rise.

There’s a good chance Sony thinks the new price is a justification for improvements made to the PS Plus service over time – Sky recently raised its Now TV price for similar reasons. Sony gives away oodles of content through PS Plus; in 2014, the service provided over $1,300 worth of games through the Instant Game Collection platform alone. New content is added all the time, and updates are fairly regular.

It’s also possible that Sony is reacting to the fluctuating value of British Sterling. The UK currency has been fairly unstable since 2016’s vote on EU membership, forcing lots of hardware makers and software providers to increase prices to compensate for lost revenue. We reported on some of the more prominent tech price rises earlier this year.

We’ve asked Sony for comment on why the price rise is being introduced, and will update this article with any response.

Related: Best PS4 games

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