If you're on a Pro or Team monthly plan, you can choose to switch to yearly billing at any time to enjoy discounted rates.
Go to My files > Workspace settings.
Select the Yearly billing cycle.
Review your choice and click Switch to yearly billing.
You’ll then be redirected to our payment provider’s page to review the change and confirm the final amount.
Your current payment method on file will be charged immediately for the yearly plan, minus the remaining value of your current monthly plan.
❗Note: If you plan to use a different payment method for the switch, ensure that you change your default payment method before making this change.