If you buy and signup before December 31st then the next major update - Issue #5 - will be covered too, otherwise it’s $5. Continuing subscribers receive perks over the non-paying flock.
You’ll also get the Initiate Pack which arms users with stronger weapons at the start, a Blood Raven pet and more social clothing - if you buy before December’s end.
Funcom has outlined the exclusive bonuses for subscribers:
● Time Accelerator (Clickable item which increases experience gain for defeating monsters by 100% for 1 hour, 16 hour cool-down – only usable by Members and Grand Masters)
● $10 worth of Bonus Points (given out every month) which can be used to purchase expansion content if desired
● Item-of-the-month gift (given out every month)
● 10% discount to everything in the in-game store
Those who rank among the Lifetime Grandmaster elite will receive the above benefits as well as an additional 10% off everything via the in-game store. Funcom have published a Subscription Changes FAQ.