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Upgrade or downgrade

You change plan from Setup → Subscriptions, with the same manage billing permission that subscribing needs.

Direction What happens
Upgrading to a more expensive plan You are invoiced for the difference straight away, for the rest of the current period.
Downgrading to a cheaper plan The credit for the unused part is applied against your next renewal, not refunded to your card.

Immediately, in both directions. Your entitlements are recalculated the moment the change goes through, so an upgrade unlocks screens without a sign-out and a downgrade removes them the same way.

Your data is not deleted when a feature goes away. It becomes unreachable until the plan carries the feature again.

Changing between monthly and yearly is handled as a plan change on the same screen. Monthly is what the plans are currently priced on; if the dashboard says yearly billing is unavailable for your plan, ask us rather than assuming it is a fault.