# Downgrade

{% hint style="danger" %}
**Warning**

If you have previously received a discount, penalties may apply based on the discount rate.
{% endhint %}

**What "Downgrade" means:**

* Changing from a paid plan to a free plan
* Downgrading to a lower plan
* Changing from annual to monthly billing

**Payment Process**

* The remaining duration of your existing subscription will be pro-rated and refunded as a deposit.
* The subscription fee for the downgraded plan will be charged for the remaining duration. Any remaining balance after using the deposit will remain as a deposit.
  * Example: If you paid for the \[Basic 100] plan on July 6 and downgraded to \[Basic 50] on July 21.

<figure><img src="/files/JBYB1FTvSoUd2YSulK3E" alt=""><figcaption></figcaption></figure>


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