Playstation Plus is a combination of two services, Instant Game Collection and Online Gaming.

The platform has many amazing games. Such as Stealth Inc., Transistor, The Swapper, Oddworld: New ‘n’ Tasty, Stick It To The Man, Shovel Knight, Resident Evil, Valiant Hearts, FEZ, and many more.

But, most of the expensive games on Playstation Plus, can be found very cheap or for free on the platform like Steam.

And if you are someone who is either interested in IGC or playing online only, then you can opt for other economical alternatives.

Is it easy to cancel PlayStation Plus?

Yes, it is super easy to cancel the Playstation Plus subscription from their website as well as from the consoles, just follow the given below process.

How to cancel Playstation Plus on the Web browser?

Step 1: First, sign in to your Playstation account management dashboard.

Step 2: Then, select the Subscription option, from the menu on the left of the screen. 

ps plus subscription

Step 3: Finally, select Turn Off Auto-Renew, next to PlayStation Plus.

ps plus subscription 2

How to cancel Playstation Plus via PS5?

Step 1: Go to Settings > Users and Accounts.

ps5 settings

Step 2: Select the options in the following sequence: Account > Payment and Subscriptions > Subscriptions > PlayStation Plus.

ps5 subscriptions

Step 3: Turn Off Auto-Renew.

ps5 subscriptions 2

📺 Bonus Video: How to Cancel / Turn off Auto-Renewal PS Plus Subscription in PS5 Console? PlayStation 5

How to cancel Playstation Plus via PS4?

Step 1: Follow the sequence:

PlayStation Plus  > Manage Membership > Subscription.

PS4 Settings
ps4 settings 2

Step 2: Finally, turn Off Auto-Renewal.

ps4 subscriptions

Which benefits will I lose if I cancel PlayStation Plus?

After canceling the Playstation Plus you will lose monthly games, online storage, and online multiplayer, once the current subscription ends.

Can you cancel PS Plus and get a refund?

Yes, you are entitled to cancel the PS Plus and get a refund, if you cancel the PlayStation membership within the 14 days time period and also raise a request for a refund simultaneously.

Cancellation after the expiration of 14 days is non-refundable.

Source:

https://www.playstation.com/en-in/support/subscriptions/cancel-playstation-plus/

https://www.playstation.com/en-in/support/store/cancel-ps-store-subscription/

https://manuals.playstation.net/document/en/ps4/game/psplus.html