You only cancel recurring payments. So what you've already paid for will continue until it expires. So yes, the former.
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You only cancel recurring payments. So what you've already paid for will continue until it expires. So yes, the former.
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I know this is obviously the case but just to be sure before I risk my £20, does cancelling my subscription let me keep using plus as usual until it would have taken the next payment, or does it just cancel it out right immediately? (I'm 99% sure it's the former but I'd rather be overly cautious than lose my money :D )