Anthropic halves the Sonnet 5.5 cache-read price to $0.10 per million tokens

Anthropic says the cut starts on 7 October and lowers the cost of most agentic work on Sonnet 5.5 by around 20%; it also says monthly API credits for Max and Team plans roll out this week.

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Anthropic said on 7 October 2026 that cache reads on Claude Sonnet 5.5 now cost $0.10 per million tokens, rather than $0.20, a 50% cut. Anthropic says cache reads make up a large share of token consumption, so the cut lowers the cost of Sonnet 5.5 on most agentic tasks by around 20%. Cache writes on Sonnet 5.5 stay at $2.50 per million tokens on Anthropic's table.

Anthropic also said it would roll out a monthly API credit to Max and Team subscribers this week, for use on the Claude Platform with any model. It gave $100 a month for Max 5x, $200 for Max 20x and up to $500, pooled across users, for Team. That part is Anthropic's statement of what it will do.

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1 Introducing Claude Haiku 5.5Anthropic · 7 Oct 2026 · 6 facts

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Anthropic says that starting on the day of the post (October 7, 2026) it is lowering the price of cache reads on Claude Sonnet 5.5, which now cost 50% less: $0.10 per million tokens rather than $0.20. Quote: "Cache reads now cost 50% less: $0.10 per million tokens rather than $0.20."

Cache reads now cost 50% less: $0.10 per million tokens rather than $0.20.
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Anthropic says cache reads make up a large share of models' token consumption, so the cut reduces the cost of Sonnet 5.5 on most agentic tasks by around 20%. Quote: "Because cache reads make up a large share of models’ token consumption, this reduces the cost of Sonnet 5.5 on most agentic tasks by around 20%."

Because cache reads make up a large share of models’ token consumption, this reduces the cost of Sonnet 5.5 on most agentic tasks by around 20%.
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Anthropic's table lists Sonnet 5.5 cache writes at $2.50 per million tokens. Quote: "Cache writes $0.125 / $0.625 $1.25 $2.50"

Cache writes $0.125 / $0.625 $1.25 $2.50
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Anthropic says that this week it will roll out a new monthly API credit to all Max and Team subscribers for use on the Claude Platform, usable on any of its models. Quote: "this week, we’ll roll out a new monthly API credit to all Max and Team subscribers for use on the Claude Platform"

this week, we’ll roll out a new monthly API credit to all Max and Team subscribers for use on the Claude Platform
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Anthropic says Max 5x users will get $100 in credits per month, Max 20x users $200, and Team subscribers up to $500, pooled across their users. Quote: "Max 5x users will get $100 in credits per month, Max 20x users will get $200, and Team subscribers will receive up to $500, pooled across their users."

Max 5x users will get $100 in credits per month, Max 20x users will get $200, and Team subscribers will receive up to $500, pooled across their users.
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Anthropic says the credits can be used on any of its models. Quote: "They can be used on any of our models."

They can be used on any of our models.
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