Does the 50 GB iCloud storage update mean I get 50 GB each month or is it all up 50 GB?

[iMore Question]

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[Tartarus]

You get 50GB once and get charged monthly for it.

 

[robertk328]

You get 50GB once and get charged monthly for it.

confirmed. Have that plan, and that's the max storage. If you need more you can increase to the next level.