diff --git a/ghost/admin/app/controllers/settings/membership.js b/ghost/admin/app/controllers/settings/membership.js
index 71f92ed5eb..f2ec8f2437 100644
--- a/ghost/admin/app/controllers/settings/membership.js
+++ b/ghost/admin/app/controllers/settings/membership.js
@@ -233,6 +233,7 @@ export default class MembersAccessController extends Controller {
                 );
             }
             if (monthlyPrice && yearlyPrice) {
+                this.updatePortalPlans(monthlyPrice.id, yearlyPrice.id);
                 this.settings.set('membersMonthlyPriceId', monthlyPrice.id);
                 this.settings.set('membersYearlyPriceId', yearlyPrice.id);
                 return this.product;
@@ -242,6 +243,7 @@ export default class MembersAccessController extends Controller {
                 const updatedStripePrices = savedProduct.stripePrices || [];
                 const updatedMonthlyPrice = getActivePrice(updatedStripePrices, 'month', monthlyAmount);
                 const updatedYearlyPrice = getActivePrice(updatedStripePrices, 'year', yearlyAmount);
+                this.updatePortalPlans(updatedMonthlyPrice.id, updatedYearlyPrice.id);
                 this.settings.set('membersMonthlyPriceId', updatedMonthlyPrice.id);
                 this.settings.set('membersYearlyPriceId', updatedYearlyPrice.id);
                 return savedProduct;
@@ -249,6 +251,22 @@ export default class MembersAccessController extends Controller {
         }
     }
 
+    updatePortalPlans(monthlyPriceId, yearlyPriceId) {
+        let portalPlans = this.settings.get('portalPlans') || [];
+        const currentMontlyPriceId = this.settings.get('membersMonthlyPriceId');
+        const currentYearlyPriceId = this.settings.get('membersYearlyPriceId');
+        if (portalPlans.includes(currentMontlyPriceId)) {
+            portalPlans = portalPlans.filter(d => d.id !== currentMontlyPriceId);
+            portalPlans.push(monthlyPriceId);
+        }
+
+        if (portalPlans.includes(currentYearlyPriceId)) {
+            portalPlans = portalPlans.filter(d => d.id !== currentYearlyPriceId);
+            portalPlans.push(yearlyPriceId);
+        }
+        this.settings.set('portalPlans', portalPlans);
+    }
+
     getPrice(prices, type) {
         const monthlyPriceId = this.settings.get('membersMonthlyPriceId');
         const yearlyPriceId = this.settings.get('membersYearlyPriceId');
diff --git a/ghost/admin/app/templates/settings/membership.hbs b/ghost/admin/app/templates/settings/membership.hbs
index 19912a20b0..104b55e618 100644
--- a/ghost/admin/app/templates/settings/membership.hbs
+++ b/ghost/admin/app/templates/settings/membership.hbs
@@ -167,7 +167,7 @@
                                                 @placeholder=''
                                                 data-test-title-input={{true}}
                                             />
-                                            <span class="gh-input-append"><span class="ttu">{{this.currency}}</span>/month</span>
+                                            <span class="gh-input-append"><span class="ttu">{{this.currency}}</span>/year</span>
                                         </div>
                                     </div>
                                     {{#if this.stripePlanError}}