ToolRankAI video tools that are cheaper billed yearly
Updated 16 Oct 2026 · Prices from vendor pages only · How we rank →
The short answer
Each of these AI video tools shows both a yearly and a monthly price, so you can see what committing for a year saves. Runway comes first: leading video models with clear credit-based plans and mobile apps. The cheapest verified paid plan here is Pika Starter ($10/month ($8 annual)). 6 of the 7 have a free plan we could confirm. Every price below is from the vendor’s own page, checked 16 Oct 2026.
Ranked shortlist
- Runway: Leading video models with clear credit-based plans and mobile apps. Plan: Standard: $12/month annual ($15 monthly)
625 credits/month - Synthesia: AI avatar video platform for training and corporate videos in 140+ languages. Plan: Starter: $18/month yearly or $29 monthly
1 editor, 3 guests, no watermark - Pika: Text- and image-to-video generator with effects for short social clips. Plan: Starter: $10/month ($8 annual)
900 credits/month, no commercial license - Descript (video): Edit video by editing its transcript. Plan: Hobbyist: $16/month annual or $24 monthly
10 media hours, 400 AI credits, 1080p - Invideo AI: Generates full videos with script, stock media and voiceover from a prompt. Plan: Starter: $10/seat/month billed annually
400 credits/seat/month, Agent Two Lite only - Colossyan: AI avatar video creator focused on workplace learning. Plan: Professional: $59/month yearly
Watermark removal, 5 SCORM exports/month, up to 3 editors ($30/extra member) - LTX Studio: Lightricks' storyboard-to-video production tool built on LTX models. Plan: Lite: $12/month yearly ($144) or $15 monthly
8,000 credits/month
Order follows ToolRank’s editorial ranking in Video & Animation, filtered to tools that fit this page. Anything we couldn’t confirm on a vendor page says “Not yet verified”.
Side by side
| Rank | Tool | Relevant plan | Starting price | Free plan | Best for | Main limitation | Last checked |
|---|---|---|---|---|---|---|---|
| #1 | Runway | Standard: $12/month annual ($15 monthly) 625 credits/month | $12/month (Standard, billed annually; $15 monthly) | 125 one-time credits, 5GB storage | Creators and studios producing AI video | Free plan is 125 one-time credits; video seconds per plan are limited. | 16 Oct 2026 |
| #2 | Synthesia | Starter: $18/month yearly or $29 monthly 1 editor, 3 guests, no watermark | $18/month (Starter, billed yearly; $29 monthly) | Basic: 10 minutes of video/month, 500 credits, Synthesia watermark | Not yet verified | Not yet verified | 16 Oct 2026 |
| #3 | Pika | Starter: $10/month ($8 annual) 900 credits/month, no commercial license | $8/month (Starter, annual; $10 monthly) | Free: $0, no monthly credits (credit packs only), 2 parallel video generations | Not yet verified | Not yet verified | 16 Oct 2026 |
| #4 | Descript (video) | Hobbyist: $16/month annual or $24 monthly 10 media hours, 400 AI credits, 1080p | $16/month (Hobbyist, annual; $24 monthly) | Free: 60 media minutes/month, 720p export, 5GB storage | Not yet verified | Not yet verified | 16 Oct 2026 |
| #5 | Invideo AI | Starter: $10/seat/month billed annually 400 credits/seat/month, Agent Two Lite only | $10/seat/month (Starter, billed annually; shown as 50% off $20) | ✕ None listed | Not yet verified | Not yet verified | 16 Oct 2026 |
| #6 | Colossyan | Professional: $59/month yearly Watermark removal, 5 SCORM exports/month, up to 3 editors ($30/extra member) | $59/month (Professional, billed yearly) | Starter: free, 20 video minutes/month with NEO avatars, watermark | Not yet verified | Not yet verified | 16 Oct 2026 |
| #7 | LTX Studio | Lite: $12/month yearly ($144) or $15 monthly 8,000 credits/month | $12/month (Lite, billed yearly $144; $15 monthly) | Free: $0 forever, 800 one-time credits | Storyboarding and AI video production | Free credits are one-time, not monthly | 16 Oct 2026 |
Prices as listed by each vendor on the last-checked date, USD, before tax. Plans and limits change, so follow the sources below.
Who should pick which
Pick Runway for creators and studios producing AI video (Standard: $12/month annual ($15 monthly)); think twice if you need long-form video on a small budget. Synthesia (Starter: $18/month yearly or $29 monthly): AI avatar video platform for training and corporate videos in 140+ languages. Pika (Starter: $10/month ($8 annual)): Text- and image-to-video generator with effects for short social clips. Descript (video) (Hobbyist: $16/month annual or $24 monthly): Edit video by editing its transcript. Invideo AI (Starter: $10/seat/month billed annually): Generates full videos with script, stock media and voiceover from a prompt. Colossyan (Professional: $59/month yearly): AI avatar video creator focused on workplace learning. Pick LTX Studio for storyboarding and AI video production (Lite: $12/month yearly ($144) or $15 monthly). Watch out: free credits are one-time, not monthly.
FAQ
Which of these is cheapest?
Pika Starter ($10/month ($8 annual)) is the lowest paid price we verified on this list (https://pika.art/pricing, checked 16 Oct 2026). Check the vendor page for tax, billing period and usage limits.
Which of these have a free plan?
Runway: 125 one-time credits, 5GB storage; Synthesia: Basic: 10 minutes of video/month, 500 credits, Synthesia watermark; Pika: Free: $0, no monthly credits (credit packs only), 2 parallel video generations; Descript (video): Free: 60 media minutes/month, 720p export, 5GB storage; Colossyan: Starter: free, 20 video minutes/month with NEO avatars, watermark; LTX Studio: Free: $0 forever, 800 one-time credits.
How were these tools chosen?
They are the tools in ToolRank's rankings with both annual and monthly prices on the vendor page, confirmed on the vendor's own website on 16 Oct 2026. Tools we could not verify are left out rather than guessed, and anything unconfirmed is marked Not yet verified.
Sources
- Runway: Runway pricing checked 16 Oct 2026
- Synthesia: Synthesia pricing checked 16 Oct 2026
- Pika: Pika pricing checked 16 Oct 2026
- Descript (video): Descript (video) pricing checked 16 Oct 2026
- Invideo AI: Invideo AI pricing checked 16 Oct 2026
- Colossyan: Colossyan pricing checked 16 Oct 2026
- LTX Studio: LTX Studio pricing checked 16 Oct 2026
Related comparisons
Profiles: Runway · Synthesia · Pika · Descript (video) · Invideo AI · Colossyan · LTX Studio
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