Can I create a separate password for each vault if I create multiple vaults?
What is the difference feature-wise if I get version 7 via membership model versus the single license?
If I do the membership and in 12 months or so I decide I don’t want to do the membership anymore, how can I continue to use 1password? Could I downgrade to version 6 or pay for the single license (discounted?)?
If I start as a single membership, what needs to happen if I were to switch to family? Any commitment length for either?
@Fun10Key: You can do that, but the Master Password for the first vault/account setup in the app with be the one used to unlock the app.
All of our server-based features like Travel Mode, automatic offsite backup, item history, intra-account sharing and recovery, etc. are exclusive to 1Password.com memberships. You can find more details in what's included here:
What are the benefits of a 1Password membership?
You can find out what's new in version 7 for licenses in the announcement on our blog.
You could export your data into a local vault and purchase a license for whatever's current at that time.
Nope! The same monthly/annual payment option exists, but you're free to cancel any time. Your account will remain active until your current subscription period has elapsed.
I hope this helps. Be sure to let me know if you have any other questions! :)