Monthly versus Annual Plans
Is an annual plan better in comparison to a monthly rolling plan?
Chris Woodburn avatar
Written by Chris Woodburn
Updated over a week ago

Thanks for having a look at this article! I'm guessing that if you're reading this, it's because you are weighing up the pros and cons of an annual subscription.

I'm going to present you with an unbiased approach so that you can take the information away and make the decision that's best for you and not us!

What is the difference?

If you are on a monthly rolling contract, you pay the same amount, on the same day, of each month.

An annual contract is paid in full, upfront - meaning you won't pay any further subscription costs for the duration of that contract.

What are the benefits of each?

Monthly

Annual

Super flexible, with no commitment

Total peace of mind - it's paid!

Lower upfront costs

Saves you money in the long-run

Gives you the opportunity to test the Product and Service

Helps you better budget and plan your expenses

As you can see, each plan offers a variety of benefits - with a monthly subscription giving you the flexibility to retain or cancel whenever it suits you, but costing you more money in the long run.

Likewise, an annual plan means that you can budget a lot more effectively - with the subscription cost paid upfront, you have the peace of mind that there are no surprises for the remainder of the year.

Which is the best option for me at NearSt?

That totally depends on you! At NearSt we think it's important that you have a choice and tailor your subscription to what benefits your business.

If you subscribe to an annual plan, you will make a significant savings when compared to a monthly, rolling contract. It also brings convenience and peace of mind, as you don't need to worry about renewing your subscription every month or missing a payment. It's simply set up once and can be forgotten about - but giving you the confidence that you can access the service for a full year.

The upfront cost doesn't appeal to everyone - despite the savings on offer. A monthly plan is more flexible and you are not locked into a long-term commitment. This is super useful if your needs are likely to change in the short term.

Ultimately, the decision comes down to your individual needs, budget, and preferences. It's always a good idea to compare the cost and benefits of both options and choose the one that suits you best.

Check out our pricing page here and - should you have further questions - you can contact us via live chat.

Did this answer your question?