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This is a messaging issue on their part, which I think is partially intentional.

It’s not unreasonable for people to expect the most expensive subscription plan to be “premium”. That’s how it works everywhere else. They typically have better margins on the premium plans, and the monthly payment gives them reliable cash flow at that higher margin.

You’re right that that’s not true at Anthropic (or really most AI providers). You’re not even really buying tokens because you get billed whether you use it or not, the tokens don’t carry over like buying API tokens, and they get to dictate what an acceptable way to use those tokens is. They are cheaper though, assuming you actually use them. Which Anthropic et al would really prefer you didn’t.



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