LastPass Pricing—Plans, Features, and Alternatives
Launched in 2008, LastPass has become one of the most recognized names in password management. Balancing between security and convenience, the password manager offers different plans tailored to various users' needs, from individuals to enterprises.
In this guide, we'll break down the LastPass pricing structure, explore what each plan offers, and compare the password manager’s cost with popular alternatives. If you want to protect your sensitive information further, you'll also learn about virtual cards and how you can use them to shield your payment information from potential hackers.
Disclaimer: The information in this guide is valid as of July 2024. LastPass prices and features may change after the publication date.
How Much Does LastPass Cost?
The annual subscription cost of LastPass depends on the chosen plan, the number of users, and additional features. To provide specific insights into the prices, we'll examine the following:
- Free plan
- Premium plan
- Family plan
- Teams plan
- Business plan
- Trial period
- Money-back guarantee
Free Plan
The LastPass Free plan provides essential password management features at no cost[2]. It includes access from a single device and supports saving and autofilling passwords. For enhanced security, it allows logging in via the LastPass authenticator app.
Other features users get with the Free Plan include[2]:
- Unlimited passwords
- One-to-one sharing
- Password generator
- Security dashboard
- Dark web monitoring
For comparison, LastPass alternatives like Keeper Password Manager and Dashlane Password Manager offer free versions with a limited number of passwords you can save.
Users seeking basic features might also consider Google Password Manager, Firefox Password Manager, or Edge Password Manager. Although free, these options provide unlimited password storage and the autofill feature.
Premium Plan
This plan allows access across all devices at $3 per month, billed annually. It also provides 1GB of encrypted file storage[2], which means that users can securely back up critical documents like passports, credit card details, and tax documents.
The Premium Plan has several advanced options beyond everything already included in the Free Plan. Refer to the table below for a breakdown of some unique features of the Premium Plan[2]:
You can also look into Bitdefender Password Manager, Proton Pass, and NordPass as they offer similar premium features, including encrypted file storage.
Family Plan
The Family plan offers six Premium licenses for families and friends at $4 per month, billed annually[2]. Each member receives an independent password vault, which ensures privacy as even the admin cannot access individual member vaults[2]. This plan includes all Premium features and a few additional features that are exclusive to the Family Plan[2], such as:
- Family manager dashboard for overseeing users and security
- Grouping and sharing items in folders for better organization
Users who wish to explore alternatives may look into RoboForm and 1Password, which offer family plans with comparable features.
Teams Plan
The Teams plan is designed for single teams and is priced at $4 per user per month, billed annually[2]. Each user gets a premium password vault, which ensures individual security and privacy[2]. The plan includes an admin console for managing users and permissions, making it easy to oversee team members[2].
Key features of the Teams plan include[2]:
- Team security dashboard—Provides an overview of security status and activities
- 25 security policies—Allows customization of security settings to meet organizational needs
- Group and share items in folders—Facilitates collaboration by enabling secure sharing of passwords and notes within the team
Business Plan
At $7 per user per month, the Business Plan is tailored for organizations of all sizes, from small teams to large enterprises[2]. Although pricier than the other options, this plan offers a comprehensive suite of features designed to meet the needs of growing businesses.
It includes everything offered in the Teams Plan and supports an unlimited number of users. Key benefits of the Business Plan are[2]:
- 3 SSO apps with MFA—Enhance security with single sign-on and multi-factor authentication
- LastPass Families for employees—Extends password management benefits to employees' families
- Library of pre-integrated SSO apps—Streamlines app integration with numerous pre-configured options
- 100+ security policies—Provides extensive customization for security settings
- Customizable user management—Offers advanced control over user access and permissions
Additional Add-Ons
Add-ons are available exclusively for the Business plan. As of July 2024, the two available add-ons are:
- Advanced SSO—At $2 per user/month, it enhances single sign-on capabilities for seamless access to multiple applications[2].
- Advanced MFA—At $3 per user/month, this feature provides additional multi-factor authentication options to bolster security[2].
These add-ons allow businesses to tailor their security infrastructure to meet specific requirements.
Trial Period
The Premium and Family plans offer 30-day free trials, allowing individuals and families to test the password management features[3][4].
The Teams and Business plans come with 14-day trials, giving small teams and larger organizations a chance to assess the functionalities relevant to their needs[5][6].
At the time of writing, LastPass does not offer a money-back guarantee for any of its plans. Users can leverage these trial periods to make an informed decision about whether to upgrade to a paid plan.
Which LastPass Plan Should You Choose?
Choosing the appropriate LastPass plan involves evaluating the needs of the user, the budget, and the desired features. Each plan provides distinct advantages, catering to various levels of password management and security requirements. Learn about each option's typical use cases in the table below:
Employ Additional Safeguards Against Cyberthreats
While LastPass Password Manager offers the convenience of storing your payment card numbers and autofilling them when shopping online, you should also think about the safety of your financial details once you share them with the merchant. If the merchant suffers a data breach, your sensitive details may be at risk of unauthorized access.
To enhance your cybersecurity, consider using virtual cards for online purchases. These cards come with unique card numbers you can use at checkout, protecting your actual bank details from potential hackers. If you're looking for robust security and control over spending, opt for an independent virtual card provider like Privacy.
Secure Your Financial Data With Privacy Cards
Privacy offers a reliable solution for protecting your financial data during online transactions. By linking your bank account or debit card to Privacy, you can generate virtual cards with unique numbers, CVVs, and expiration dates. These cards work as a regular payment method during online transactions, while your real financial information remains safely stored on Privacy's servers and is never shared with the merchant.
As a BBB-accredited service provider trusted by over 250,000 users, Privacy employs security measures like two-factor authentication (2FA) and real-time notification alerts. It also undergoes regular third-party audits to ensure all the security measures are up to date and meet stringent security standards, including SOC 2 and PCI-DSS guidelines.
Privacy Card Types and Features
Depending on your needs and budget, you can choose from the three types of virtual cards Privacy offers:
- Single-Use Cards—Designed for one-time transactions, they deactivate shortly after the initial use. They can be perfect for one-time purchases and shopping on unfamiliar websites.
- Merchant-Locked Cards—They are "locked" to the first merchant you use them at and cannot be used elsewhere. These cards can be useful for recurring payments and shopping at your favorite vendors.
- Category-Locked Cards—These cards are "tied" to specific spending categories like dining or travel, making it easier to track and manage your expenses.
You can pause or close your Privacy Cards, and Privacy will decline further transactions, reducing the risk of unexpected charges.
Privacy also lets you set spending limits on your virtual cards. If a merchant attempts to charge you an amount above the limit, Privacy will automatically block the transaction. This feature can help protect your account from hidden fees, accidental duplicate charges, or price increases you weren't informed about.
Additional Convenience Features
Privacy offers several features to make your online payment experience seamless, including:
- 1Password integration—This integration allows you to use and manage your Privacy Cards within 1Password's browser extension.
- Mobile app—Available for iOS and Android, the Privacy App lets you generate and manage your virtual cards from your smartphone. This functionality ensures you can control your finances wherever you are.
- Browser extension—The Privacy Browser Extension, available for Safari, Firefox, Chrome, Edge, or Safari for iOS, autofills your virtual card information during online transactions. This feature reduces manual entry errors and speeds up the checkout process, making online shopping effortless.
- Shared Cards—You can securely share Privacy Cards with friends or family members. This feature is ideal for gifting your loved ones.
Getting Started With Privacy
To start using Privacy Cards, follow four quick steps:
- Register on the Privacy website
- Provide the required details to verify your identity
- Link your debit card or bank account to fund your Privacy account
- Request and generate your first virtual card
Privacy offers four monthly plans—learn which one suits your needs and budget in the table below:
References
[1]LastPass. https://www.lastpass.com/es//10th-anniversary, Sourced July 29, 2024.
[2]LastPass.https://www.lastpass.com/pricing, Sourced July 29, 2024.
[3]LastPass.https://lastpass.com/create-account.php?premium=1, Sourced July 29, 2024.
[4]LastPass. https://lastpass.com/families/trial, Sourced July 29, 2024.
[5]LastPass. https://lastpass.com/teams_trial.php, Sourced July 29, 2024.
[6]LastPass. https://lastpass.com/enterprise_trial.php?createacct=1, Sourced July 29, 2024.
