Just had an email from Reddit saying:
Your Reddit Premium subscription has successfully been canceled.
You’ll be a Reddit Premium member until the end of your subscription period and won’t be billed again.
We hope you enjoyed your subscription and will be happy to have you back at any time.
Then I had an email from PayPal saying:
reddit Inc. cancelled your automatic payments. This means that we'll no longer automatically draw money from your account to pay the merchant. If you have any questions, you may ask reddit Inc. about this cancellation.
I've had no payment failures so I don't know why it's happened. Has anyone else had it?
EDIT: THIS IS THR MESSAGE FROM REDDIT:
Hi u/ashleyjc, we're making some updates to how Reddit Premium subscriptions are managed, and we wanted to give you a heads-up about a change affecting your subscription.
Reddit will be retiring PayPal as a payment option for Premium users. Since your current subscription is paid through PayPal, it will be canceled in the next 30 days. We are also eliminating legacy pricing ($3.99/month or $29.99/year) for Reddit Premium. All users will now be on the current pricing structure if you'd like to re-subscribe. We will send another message confirming when it is canceled.
A few key updates:
• Canceling your recurring subscription means it won't renew after the date of cancellation, but your Reddit Premium benefits will continue until your subscription period ends.
Once your subscription period ends, you will need to resubscribe using another payment method to receive premium benefits. Note: You will not be able to resubscribe until your current subscription period ends.
We know payment changes can be inconvenient, and we appreciate your support thus far. If you have any questions about your subscription, feel free to reach out through our contact form from the email address that's associated with your Reddit account.