How to Cancel LastPass Premium in 2026 (And Why You MUST Leave)

Updated February 2026 • 6 min read

This isn't a "should you cancel?" guide — it's a "you need to cancel immediately" guide. After the catastrophic 2022-2023 data breaches that exposed encrypted vault data for every LastPass user, staying on LastPass is an active security risk. Over $35 million in cryptocurrency has been stolen from cracked LastPass vaults.

🔴 URGENT: If you used LastPass before December 2022, your encrypted vault data was stolen. Attackers are actively cracking weak master passwords and draining crypto wallets, bank accounts, and identity data. Change EVERY password in your vault — not just the master password.

Step 1: Export Your Vault (Do This NOW)

Log into lastpass.com web vault
Click Advanced Options → Export
Enter your master password
Download the CSV file
Import into Bitwarden immediately (Bitwarden.com → Tools → Import Data → LastPass CSV)
Securely delete the CSV file after importing

Step 2: Cancel LastPass Premium

Go to Account Settings → Subscription
Click "Cancel Subscription"
If billed through App Store/Google Play, cancel there
After cancellation, delete your LastPass account entirely: Settings → My Account → Delete Account
Deleting the account removes your vault data from LastPass servers

Step 3: Change Your Most Critical Passwords

After migrating to Bitwarden, immediately change passwords for:

Email accounts — the master key to everything else
Banking and financial accounts — direct theft risk
Cryptocurrency exchanges and wallets — $35M+ already stolen from LastPass users
Social media — identity theft vector
Cloud storage (Google Drive, iCloud, Dropbox) — contains sensitive documents
Everything else — change them all over the next week

The LastPass Breach Timeline

August 2022: Attacker breaches LastPass developer environment
November 2022: Attacker uses stolen data to access cloud backup storage
December 2022: LastPass reveals customer vault data was stolen — encrypted, but attackable
2023-2026: Ongoing reports of crypto theft, bank account drainage, identity theft
September 2023: FBI confirms $35M+ in crypto stolen from cracked vaults
Vaults encrypted with weak master passwords or low iteration counts (LastPass used 5,000 PBKDF2 iterations for years — industry standard was 100,000+) are being cracked

Where to Go: Best Alternatives

Bitwarden (free) — Open-source, audited, unlimited passwords, all devices. The clear winner
1Password ($2.99/mo) — Best UX, excellent family sharing. Not free but polished
Apple Passwords (free) — Built into iOS 18+/macOS. Great if you're all-Apple
Proton Pass (free) — From the privacy-focused Proton suite

⚠️ If your LastPass master password was short (under 16 characters) or reused from another site, treat ALL passwords in your vault as compromised. Change every single one. This is not optional.

Bottom line: LastPass isn't just overpriced ($36/year for what Bitwarden does for free) — it's actively dangerous. Your encrypted vault data is in the hands of attackers. Export, migrate to Bitwarden, change every password, delete your LastPass account. Do it today, not tomorrow.

Find More Subscriptions to Cancel →

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Quick Cancel Guide: Lastpass Premium

Direct cancel link + step-by-step instructions