Snapchat announced that it is capping free storage for the 'Memories' feature at 5GB, a limit the company says will cover "the vast majority" of users. Users will have to pay $1.99 per month for 100GB of storage, while Snapchat+ subscribers and Platinum users can get 250GB and 5TB of storage, respectively, at $3.99 and $15.99 per month, TechCrunch reported.