Canadian password manager 1Password is increasing its prices for both its individual and family plans.
According to an email sent out to customers, the individual plan is now increasing from its previous US$35.88/year (about C$49.09/year) rate, to a new US$47.88/year price point (about C$65.51/year). The email also notes that the new price tag will take effect on the first renewal payment after March 27, 2026.
Currently, 1Password’s annual plans for Canadians cost $57/year (about $4.75/mo) for individuals or $83.88/year (roughly $6.99/mo) for families, while monthly plans cost $5.99 and $8.99, respectively. New customers can claim a discounted annual rate for their first year, which works out to $42.72 and $62.88, respectively.
It’s not clear how much prices will increase for Canadians, but MobileSyrup can confirm that Canadian 1Password users received the price increase email. However, the email listed the U.S. pricing, not Canadian pricing.
The email also notes that 1Password has made investments in newer features for the service, which include the automatic saving of login details, “Enhanced Watchtower” alerts, a faster and more secure device setup, AI-powered item naming, expanded recovery options, and proactive Phishing prevention.
As Engadget noted, it is a pretty decent price hike, but this isn’t new. The company has been slowly increasing its fees every couple of years, as we see with streaming services. However, this is the biggest rate increase in several years.
Fortunately, for those on a budget (or looking for cheaper rates), 1Password has offered discounts on its plans in the past, often cutting rates by as much as half. There are also other password managers out there, like Bitwarden, which costs just US$19.80 (about C$27.10) per year.
Source: Engadget
