What does an EFT member pay when upgrading their membership?

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When an EFT member decides to upgrade their membership, they pay a pro-rated amount until the next billing date. This means they will be charged a portion of the fee that corresponds to the remaining days in their current billing cycle at the new membership level. This practice ensures that the member only pays for the time they have remaining until their next regular billing, allowing for a smooth transition to their upgraded membership without incurring additional fees unnecessarily. It makes this approach both fair and financially manageable for members looking to enhance their services.

In scenarios where a member is upgrading, charging a full cost for the new membership or a one-time upgrade fee could potentially lead to dissatisfaction, as members often prefer to maximize their current period rather than lose value or incur extra charges. Therefore, the pro-rated charging method is commonly adopted in such membership systems.

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