The additional storage options that Microsoft announced for OneDrive back in June are finally here. Omar Shahine, Director of Program Management for OneDrive and SharePoint announced the availability of the additional storage subscriptions on Twitter (via MSPoweruser), which now allow Office 365 subscribers to add up to an additional 1TB of storage to their OneDrive account.
— Omar Shahine 💉 (@OmarShahine) September 24, 2019
If you don’t need an extra 1TB of storage, you’re free to add in 200 GB increments starting at $1.99 per month. Reaching the maximum of 2TB will cost you an additional $9.99/month on top of your Office 365 subscription. To add more storage to your OneDrive account, you'll have to go into Settings > Plans and upgrades, and choose your additional storage plan. Again, these plans are only available for Office 365 subscribers, and if you decide to cancel your Office 365 subscription at some point your additional storage plan will be cancelled at the end of your current billing period.
The Office 365 tie-in makes this system less flexible and more expensive than competing offers from Google or Dropbox. As an example, you can get 2TB of cloud storage from Google for just $9.99 a month or $99.99 year, and you can share that storage with family members for free.