Member and Executive memberships are annual subscriptions. They renew automatically every 12 months at the then-listed price of your plan, charged to your card on the anniversary of your purchase, until you cancel. We email you 30, 7 and 1 days before each charge. You can upgrade from Member to Executive at any time. You pay the difference in annual fees ($1,999 minus $199 is $1,800), your renewal date stays the same, and Executive prices apply right away, and if your first membership came with a welcome credit, that credit is topped up by the same difference so it matches the higher plan. From then on Executive renews at its then-listed price. A move to a lower plan takes effect at your next renewal, when the lower plan's then-listed price is charged. The difference isn't refunded.