Popular password manager 1Password is raising its rates for individual users this spring. In an email sent to customers today, the company announced that the price for an annual individual subscription will jump from $35.88 USD to $47.88 USD.
The new pricing takes effect on March 27, 2026. This marks a significant change for the Toronto-based service, which has kept its costs largely the same for several years. For Canadian users paying in American dollars, the increase represents an extra $12 USD per year.
Company officials stated the price hike is necessary to fund new features and maintain high security standards. Recent updates to the platform include AI-powered item naming, faster device setup, and proactive protection against phishing.
“While 1Password has grown substantially in value and capability, our pricing has remained largely unchanged for many years,” the company shared in the announcement.
The price change will not happen immediately for everyone. If your subscription renews before March 27, you will pay the current lower rate for one more year. Any renewals falling on or after that date will be billed at the new $47.88 USD price point (about $65.58 CAD). Some are telling us the annual pricing increase for 1Password in Canada is now at $57 per year.
1Password has been a staple in the security industry since 2005. While the company continues to add tools like enhanced Watchtower alerts and expanded recovery options, users will now have to decide if the added convenience is worth the higher annual fee.
Founded in 2005 by Dave Teare and Roustem Karimov as a side project to help them manage website logins, 1Password grew organically and profitably for 14 years before taking its first outside investment in 2019 to scale its enterprise and security services globally.
What do you think about this 1Password price increase?
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I’ve been a 1Password user for many years. Absolutely love the product and use it daily. I have a family subscription that costs USD$67.63 incl. taxes (CDN$97.86). This is going up to USD$81.22 (CDN$111.26). That’s not bad considering there’s been no increase for some years.
I have two concerns now though:
#1 I’m just waiting for the day 1Password security is breached / compromised somehow.
#2 Does this now mean there’ll be regular annual increases?
So #1 has been on my mind for some time and if I didn’t have hundreds upon hundreds of items in 1Password, and a family of 4 all using it, I’d have switched to a non-cloud based solution before now. I’ve been researching my options more than ever recently but just don’t have the umph or time right now.
#2 just makes me want to expedite #1 sooner than later now.
My annual renewal was November. So I’m thinking by next November I’ll have moved off 1Password and ultimately the price increase, and fear of annual increases, was the clincher.
If 1Password had not done away with local standalone vaults I don’t think I’d be writing this!
I also have had 1Password for years, too, and love it. The problem I have is, why are they charging in US dollars when it’s a Canadian company?
A lot of companies have done this, even European companies, to leverage a stronger currency and avoid having to change prices every so often.
I’m kind of on the same boat as you, I have a family subscription but I only use 3/5 seats. I’ve also thought of ditching 1Password and going for something either local or cheaper. I used to be a LastPass customer until the big breach several years ago, and while more expensive, I feel 1Password is a little more secure.
The issue I have with going local is portability. I would still want to have access to my vault(s) no matter where I am or what device I’m on (work or personal). I’ve looked at a self-hosted Vaultwarden deployment in my home lab, but you need to really work on your security if you want to make it as widely available (portable) as other SaaS solutions… and let’s be realistic, I may not have as a secure platform on my home lab as any big company… even the ones that have been hacked.
I subscribed to Eero Plus, which cost CAD$130 plus taxes, and it included a 1PW Family plan. I was able to link my existing 1PW plan to Eero Plus.
canadian company, supporting canadians and local economy, billing in USD dollars…..tells you all you need to know who they care most about…themselves and the bottom line. shifted over to apple password management when 1password went to the subscription model.
Well, to be fair, they probably have a vast majority of their customers in the United States. We’re the population of California, here in Canada.
Completely agree.