# Setting Up Subscription Plans

{% embed url="<https://www.loom.com/share/4dd65b5c82d24779a09dedf3caf45a5b?sid=3ad82c65-51cb-4859-8a08-08479adea82d>" %}

<figure><img src="/files/uvdth5WuTZBylHtjou6R" alt=""><figcaption><p>Click "Plans" Tab</p></figcaption></figure>

<figure><img src="/files/alY6FSxAcb36xI9uJAeG" alt=""><figcaption><p>Click "User Tiers" to create your first plan</p></figcaption></figure>

#### Set Your First Plans (Subscription Tiers) <a href="#plans-subscription-tiers" id="plans-subscription-tiers"></a>

You can create both Free and Paid subscription tiers for your users. You have multiple options in terms of customizing the subscription tier.

<figure><img src="/files/ZO9KwetVZw6cpvCp9KWs" alt=""><figcaption><p>Set your plan's price</p></figcaption></figure>

**Setting Your Plan Price**

<figure><img src="/files/jhzAEAGWjaQvNiheGAl3" alt=""><figcaption></figcaption></figure>

You can set a recurring price point for your plan. If you set the price to $0, it will function as a "Free" plan and your users will not have to enter their billing information into Stripe.

Once a subscription is created, the price can no longer be modified. Creating a new subscription tier will require you you to "archive" the tier both on FormWise and on Stripe, and create a separate one within FormWise. This will not cancel any subscriptions currently on the archived price tier.

📌 **Tip:** Offer an **annual discount** to encourage long-term subscriptions! 🚀

**Renewal Interval**

The renewal interval controls the billing schedule. You can choose between Monthly and Annual.

<figure><img src="/files/Sgc7ormpyPWNguqR6ghY" alt=""><figcaption></figcaption></figure>

**Credits (Usage)**

* **Credits renew Monthly, regardless whether the plan is Annual or Monthly. This affects both Free and Paid subscription tiers.**
* The subscription tier dictates the number of credits a user receives so they can use your Tools, they do not carry over month-to-month.

When a user does not have enough credits to use a tool, they will be prompted to either upgrade their Subscription Tier if one is available, or purchase a Credit Package.

{% hint style="info" %}
You can control the number of credits a Tool requires by navigating to your Toolset, entering "Edit Mode", selecting a Tool, then modifying the "Credit Usage" field. The default number of credits required on a Tool is 1 by default. You can modify this to accommodate more expensive models, and more complex prompt chains.
{% endhint %}

<figure><img src="/files/3jGzzocAX7TX5E6MCrM4" alt=""><figcaption></figcaption></figure>

**Require API Key**

You can require users to enter their OpenAI API key upon signup if you prefer to defer the cost to them.

<figure><img src="/files/TZP8rE1nerwXaypZnEnr" alt=""><figcaption><p>This is where you add tools to this plan.</p></figcaption></figure>

**Tools**

You can modify the Tools available on any Subscription Tier.


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