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To remove a payment method from your iPhone when you have an active subscription, follow these steps. First, open the App Store and tap your profile icon in the top right corner. Select "Subscriptions" to view your active subscriptions. If you have any active ones, you'll need to turn them off first. Simply select each subscription and deactivate them; remember, these are month-to-month, so you can re-subscribe later. After canceling your subscriptions, exit back to the main settings, tap on your profile at the top, and then go to "Payment and Shipping" to proceed with removing the payment method.