Sony's Lunar New Year Sale Drops PlayStation Plus Premium by 35%

Sony is offering substantial discounts on PlayStation Plus subscriptions during its Lunar New Year sale, with Premium tier dropping to $99.99 annually (35% off) and Extra tier reduced to $99.99 (25% off). The promotion runs until February 26, 2026, giving gamers another chance to save after missing Black Friday deals.

Premium Tier Sees Biggest Savings

The PlayStation Plus Premium membership receives the steepest discount at 35% off its regular $159.99 annual price. This brings the yearly cost down to $99.99, representing significant savings for gamers who want access to Sony's highest-tier service. The discount applies exclusively to the yearly subscription plan - monthly subscribers won't see any price reduction during this promotion.

Premium members gain access to Sony's entire gaming ecosystem, including the Classics Catalog featuring retro titles, time-limited game trials that let you test before buying, and cloud streaming capabilities for supported games. This tier essentially bundles everything from the lower tiers plus these premium features.

Extra Tier Also Discounted

PlayStation Plus Extra sees a 25% reduction, dropping from $134.99 to $99.99 annually. While not as steep as the Premium discount, this still represents solid savings for gamers primarily interested in the Game Catalog, which includes hundreds of downloadable titles alongside free monthly games and exclusive discounts.

Extra subscribers also get access to Ubisoft+ Classics, adding even more value to the subscription. The pricing now makes Extra tier essentially the same price as Premium tier on a yearly basis, with the main difference being the additional features Premium offers.

Upgrade Options for Existing Subscribers

Current PlayStation Plus members aren't left out of this promotion. Those with Essential or Extra subscriptions can upgrade to Premium with the same 35% discount applied to new subscribers. Similarly, Essential members looking to move up to Extra can do so with a 25% discount on the upgrade.

This upgrade flexibility means existing users can take advantage of the sale without having to wait for their current subscription to expire or starting fresh with a new account.

Essential Tier Remains Full Price

Interestingly, Sony hasn't discounted the PlayStation Plus Essential tier, which remains at its regular price during this promotion. Essential includes the basic features like online multiplayer, free monthly games, and exclusive discounts, but lacks access to the extensive game libraries offered by Premium and Extra tiers.

Limited Time Offer

The sale runs through February 26, 2026, after which all subscriptions return to their standard pricing. This gives potential subscribers about two weeks to decide which tier best fits their gaming needs and budget.

For gamers deciding between tiers, the choice largely depends on how much value they place on the additional features. Premium's cloud streaming and game trials might appeal to those who want to try games before committing to purchases, while the Classics Catalog could be a major draw for retro gaming enthusiasts.