Downgrade the storage plan to 5GB
I'm not able to downgrade the storage plan to 5GB
iPhone 7, iOS 15
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See instructions in Downgrade or cancel your iCloud+ plan - Apple Support including the following:
Tap Done. If you can't tap Done, make sure that you're signed in with the same Apple ID that you use for your iCloud+ plan. You can also try following these steps on a different device. If you still need help, contact Apple Support.
If you downgrade or cancel your iCloud+ plan, the change takes effect after your current subscription billing period ends.1