When Apple Arcade launched earlier this year, it launched for a monthly price of £4.99 / $4.99 and you could only pay per month, which for some people isn’t ideal, they would rather pay per year as you get some savings tacked on.
Apple Music long provided a yearly fee and now, Apple has launched a yearly fee for Apple Arcade. The savings aren’t huge, but when you work it out you get nearly two months free. Apple Arcade per year is £49.99 here in the UK, $49.99 in the US and $59.99 in Canada. Rest of Europe is €49.99.
To switch the billing cycle, simply go to your iPhone or iPad under Settings > Profile at the top of the page > Subscriptions and then you can see all the subscriptions you have, which go through your Apple ID. Select Apple Arcade and then you can change from monthly to yearly.