The letter contains a statement of the rate increase and the reasons for the changes, which should convince the reader to get on board. Note that 2 year contracts are also available at a reduced price (and if you already had one, I guess you could be able to keep the current price for additional years as well). A rate increase letter is a document sent to customers, stakeholders, or clients by a business informing them that certain prices will be increased by a set date. So I guess if you had been grandfathered into the previous price for almost 2 years based on sign-up/"for existing customers" items, then might not have started paying the current rates until 2021, and the new price will take effect for you in 2023, so you might only have 2 years at this price. So even if you chose to sign up the very worst day possible, on the first day they last increased the price, you'd still have access to a minimum of 4 years at the current price (if you had signed up at least one day earlier, at least one of those years would have been at the earlier lower price, and they also offered existing customers an extra year at the $50 price as well.) For the average yearly user, I guess that means an extra 6 months.Įven beyond the end of both the existing price and your current term, they are offering to let you lock in the existing price for an additional year beyond your current term. Has not yet gone into effect, even for new customersĮven after the new price goes into effect, you of course keep your existing price through the end of your current term. No matter how much of your personal data you backup, youll never hit. FYI their last price increase was more than 2 years ago, and for this price increase: It lets you backup an unlimited amount of data, regardless of how large your files are.
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