Sign-up is self-serve on magnific.com — you register with an email address, or use a Google login. If you already had a Freepik account, it carries over with the same email and password; you do not need a new one.
The AI tools run on credits (the platform's unit of spend — each thing you make costs some). Paid plans are currently Premium at $20/month, Premium+ at $45/month and Pro at $110/month, each cheaper per month if billed annually. Magnific's terms let it change how many credits a tool costs "at its sole discretion and without prior notice," so check the cost shown next to the button before you run something expensive, especially video.
The licence on what the AI makes depends on whether you are paying at the moment you make it. Magnific's AI Products Terms (June 2026) say that a subscriber owns an image or video it generates, provided the subscription "remains active at the time of generation." Without a paid subscription you get only a personal, non-commercial licence to use it, which Magnific can revoke. So anything you might use for a business, a client or a product should be generated while subscribed — upgrading later does not, on the terms' wording, convert things you made earlier.
Downloaded stock follows a different rule. Magnific's Terms of Use (June 2026) let you use stock content without paying on condition that you credit it; its help centre gives the credit line as "Designed by Magnific," linked to magnific.com, placed next to the image or, failing that, in the footer or credits. A Premium, Premium+ or Pro subscription removes the credit requirement for stock you download while subscribed. Crediting the stock does not change the AI rule above: a credit line is not what makes an AI image usable commercially.