Will PS4 purchases transfer to PS5?
To transfer your PS4 games and saved data to a PS5: Connect both consoles to the same Wi-Fi network wirelessly or with a LAN cable. Also, make sure you're signed into the same PlayStation account. Navigate to Settings > System > System Software > Data Transfer > Continue on your PS5.
Does everything from PS4 transfer to PS5?
Not all PS4 games are compatible with the PS5. So there may be some files that don't transfer.
What happens to my PS4 games when I get a PS5?
Backwards compatibility means that games which are made for the PlayStation 4 (PS4) also work on the PlayStation 5 (PS5). With backwards compatibility on the PS5: You can play physical or digital PS4 games on the PS5. You can upgrade certain PS4 games to a next-gen PS5 version with 4K resolution and high framerate.
Do I have to repurchase PS4 games for PS5?
When using a PS5™ console, you may have the option to upgrade a disc or digital PS4 game to the digital PS5 version. Depending on the game, this upgrade may occur at no additional cost, may require a purchase, and may be available for a limited time.