diff --git a/apps/admin-x-settings/src/components/settings/membership/tiers/TierDetailModal.tsx b/apps/admin-x-settings/src/components/settings/membership/tiers/TierDetailModal.tsx
index 063bf3b1dd..2d32d66ac2 100644
--- a/apps/admin-x-settings/src/components/settings/membership/tiers/TierDetailModal.tsx
+++ b/apps/admin-x-settings/src/components/settings/membership/tiers/TierDetailModal.tsx
@@ -14,6 +14,7 @@ import useForm from '../../../../hooks/useForm';
 import useRouting from '../../../../hooks/useRouting';
 import useSortableIndexedList from '../../../../hooks/useSortableIndexedList';
 import {Tier} from '../../../../types/api';
+import {currencyFromDecimal, currencyToDecimal} from '../../../../utils/currency';
 import {useTiers} from '../../../providers/ServiceProvider';
 
 interface TierDetailModalProps {
@@ -34,16 +35,16 @@ const TierDetailModal: React.FC<TierDetailModalProps> = ({tier}) => {
     const {formState, updateForm, handleSave} = useForm<TierFormState>({
         initialState: {
             ...(tier || {}),
-            monthly_price: tier?.monthly_price?.toString() || '',
-            yearly_price: tier?.monthly_price?.toString() || '',
+            monthly_price: tier?.monthly_price ? currencyToDecimal(tier.monthly_price).toString() : '',
+            yearly_price: tier?.yearly_price ? currencyToDecimal(tier.yearly_price).toString() : '',
             trial_days: tier?.trial_days?.toString() || ''
         },
         onSave: async () => {
             const values = {
                 ...formState,
-                monthly_price: parseFloat(formState.monthly_price),
-                yearly_price: parseFloat(formState.yearly_price),
-                trial_days: parseFloat(formState.trial_days)
+                monthly_price: currencyFromDecimal(parseFloat(formState.monthly_price)),
+                yearly_price: currencyFromDecimal(parseFloat(formState.yearly_price)),
+                trial_days: currencyFromDecimal(parseFloat(formState.trial_days))
             };
 
             if (tier?.id) {
diff --git a/apps/admin-x-settings/src/components/settings/membership/tiers/TierDetailPreview.tsx b/apps/admin-x-settings/src/components/settings/membership/tiers/TierDetailPreview.tsx
index f4ff6b4342..0af1efc3a4 100644
--- a/apps/admin-x-settings/src/components/settings/membership/tiers/TierDetailPreview.tsx
+++ b/apps/admin-x-settings/src/components/settings/membership/tiers/TierDetailPreview.tsx
@@ -1,7 +1,8 @@
+import Button from '../../../../admin-x-ds/global/Button';
 import Icon from '../../../../admin-x-ds/global/Icon';
-import React from 'react';
+import React, {useState} from 'react';
 import {Tier} from '../../../../types/api';
-import {getNonDecimal, getSymbol} from '../../../../utils/currency';
+import {getSymbol} from '../../../../utils/currency';
 
 export type TierFormState = Partial<Omit<Tier, 'monthly_price' | 'yearly_price' | 'trial_days'>> & {
     monthly_price: string;
@@ -57,19 +58,28 @@ const DiscountLabel: React.FC<{discount: number}> = ({discount}) => {
 };
 
 const TierDetailPreview: React.FC<TierDetailPreviewProps> = ({tier}) => {
+    const [showingYearly, setShowingYearly] = useState(false);
+
     const name = tier?.name || '';
     const description = tier?.description || '';
-    const monthlyPrice = getNonDecimal(parseFloat(tier?.monthly_price || '0'));
     const trialDays = parseFloat(tier?.trial_days || '0');
     const currency = tier?.currency || 'USD';
     const currencySymbol = currency ? getSymbol(currency) : '$';
     const benefits = tier?.benefits || [];
 
+    const monthlyPrice = parseFloat(tier?.monthly_price || '0');
+    const yearlyPrice = parseFloat(tier?.yearly_price || '0');
+    const yearlyDiscount = tier?.monthly_price && tier?.yearly_price
+        ? Math.ceil(((monthlyPrice * 12 - yearlyPrice) / (monthlyPrice * 12)) * 100)
+        : 0;
+
     return (
         <div className="-mt-[6px]">
             <div className="flex items-baseline justify-between">
                 <h4 className="z-10 pb-3 text-2xs font-semibold uppercase tracking-wide text-grey-700">Tier preview</h4>
-                <div>
+                <div className="flex">
+                    <Button label="Monthly" onClick={() => setShowingYearly(false)} />
+                    <Button label="Yearly" onClick={() => setShowingYearly(true)} />
                 </div>
             </div>
             <div className="flex-column relative flex min-h-[200px] w-full max-w-[420px] items-start justify-stretch rounded border border-grey-200 bg-white p-8">
@@ -78,12 +88,12 @@ const TierDetailPreview: React.FC<TierDetailPreviewProps> = ({tier}) => {
                     <div className="mt-4 flex w-full flex-row flex-wrap items-end justify-between gap-x-1 gap-y-[10px]">
                         <div className="flex flex-wrap text-black">
                             <span className="self-start text-[2.7rem] font-bold uppercase leading-[1.115]">{currencySymbol}</span>
-                            <span className="break-all text-[3.4rem] font-bold leading-none tracking-tight">{monthlyPrice}</span>
-                            <span className="ml-1 self-end text-[1.5rem] leading-snug text-grey-800">/month</span>
+                            <span className="break-all text-[3.4rem] font-bold leading-none tracking-tight">{showingYearly ? yearlyPrice : monthlyPrice}</span>
+                            <span className="ml-1 self-end text-[1.5rem] leading-snug text-grey-800">/{showingYearly ? 'year' : 'month'}</span>
                         </div>
                         <TrialDaysLabel trialDays={trialDays} />
                     </div>
-                    <DiscountLabel discount={25} />
+                    {(showingYearly && yearlyDiscount > 0) && <DiscountLabel discount={yearlyDiscount} />}
                 </div>
                 <div className="flex-column flex w-full flex-1">
                     <div className="flex-1">
@@ -96,4 +106,4 @@ const TierDetailPreview: React.FC<TierDetailPreviewProps> = ({tier}) => {
     );
 };
 
-export default TierDetailPreview;
\ No newline at end of file
+export default TierDetailPreview;
diff --git a/apps/admin-x-settings/src/utils/currency.ts b/apps/admin-x-settings/src/utils/currency.ts
index 4098e1e85e..3618d7d3c6 100644
--- a/apps/admin-x-settings/src/utils/currency.ts
+++ b/apps/admin-x-settings/src/utils/currency.ts
@@ -133,6 +133,10 @@ export function getSymbol(currency: string): string {
 }
 
 // We currently only support decimal currencies
-export function getNonDecimal(amount: number): number {
-    return amount / 100;
-}
\ No newline at end of file
+export function currencyToDecimal(integerAmount: number): number {
+    return integerAmount / 100;
+}
+
+export function currencyFromDecimal(decimalAmount: number): number {
+    return decimalAmount * 100;
+}