One time low Payment for Storage Space icloud

iCloud Storage is like rental a storage space. You get a certain amount of space to use for a payment every month. The size of the space does not change from month to month, but you pay to use that space the same fee every month, month after month.

No.

Monthly only.

Only 50 GB's is offered for $.99.

200 is $2.99 a month.

That would be Apple’s decision to make. You can offer feedback if you care to do so.

Feedback - iPhone - Apple

What is the difference between iCloud storage/backup and Google storeage/backup right now I have both. I love using Google because of the different drive capabilities and I love Google Photos functionality and benefits. Do I need iCloud ideas I have Google Photos? What would I potentially lose if I cancelled my monthly fee for iCloud.

We don't know what Apple is doing. At the moment you get 5 GB for free and if you want more 200 GB are offered for 0.99 $ / mo.