ESO Cuts Bag and Bank Upgrade Costs by Nearly 50% in Update 49

Update 49 makes ESO inventory management easier with major cost reductions and a new way to upgrade bag space directly from your inventory.

By Edenprime • Published 2 hours ago

Update 49 cuts the cost of upgrading your bag and bank storage in The Elder Scrolls Online (ESO) by nearly 50% and adds a new way to buy upgrades directly from your inventory screen. These changes are part of the broader Player Experience Improvements rolling out on March 9, 2026.

ESO Bag and Bank Upgrade Cost Reductions in Update 49

The total cost of fully upgrading both your bag and bank space in ESO drops by ~50%, from 948,200 gold to 500,000 gold.

New Total Upgrade Costs (Previous Costs):

Full bag upgrade: 100,000 gold (was 179,700)
Full bank upgrade: 400,000 gold (was 768,500)
Total combined cost: 500,000 gold (was 948,200)

According to the developers, these adjustments lower the barrier for newer players, reduce early-game frustration caused by limited inventory and encourage engagement with crafting, looting and exploration.

Crown Store pricing for bag and bank upgrades has also been reduced to stay aligned with the new gold costs.

Full Bag Upgrade Cost Breakdown

Below is the complete bag upgrade progression after the ESO Update 49 changes:

Bag upgrade	New cost	Old cost
1. 60→70	400	400
2. 70→80	1,400	2,000
3. 80→90	4,200	5,900
4. 90→100	9,000	11,000
5. 100→110	12,000	19,200
6. 110→120	18.000	30,700
7. 120→130	23,000	46,000
8. 130→140	32.000	64,500
Total Cost:	100,000	179,700

Bank upgrade costs were not testable on PTS (due to having maxed bank space). For the full breakdown, see the ESO Inventory and Bank Space Guide.

New Inventory Bag Upgrade Button

ESO Update 49 adds a new "Upgrade Bag Space" button at the bottom of the inventory screen. You no longer need to travel to a Pack Merchant to buy bag upgrades!

The change addresses several pain points:

New player awareness: Many players did not realize bag upgrades existed
Interrupted upgrades: Players ran out of gold mid-upgrade and forgot to return
Unnecessary travel: Visiting pack merchants interrupted gameplay flow

ESO Update 49 Player Experience Improvements

These bag and bank changes are part of the same update that brings free skill and attribute respecs, faster mount training and makes 17 new mounts purchasable for gold. The full list of ESO Update 49 Player Experience Improvements targets systems that have created friction for new and returning players since launch.

Update 49 releases on March 9, 2026 on all platforms simultaneously.

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