Using the Dual Entitlement feature in FIFA 21, you can upgrade your copy of FIFA 21 on PlayStation 4 to PlayStation 5 for free. This will allow you to carry over and transfer all of your FIFA 21 data and progress from your previous console to the new one, including FUT progress and data.
How to Upgrade Your FIFA 21 Copy to PlayStation 5
To upgrade your FIFA 21 from PS4 to PS5, you need to install your purchased FIFA 21 PS4 game on your PS4 either by downloading it from the store or copying it from the disc.
Once your FIFA 21 PS4 is installed on your PS5 console. Play the game. Before the game loads completely, you will see the notice message on the loading screen that you need to install the upgrade version.
After the upgrade is complete. You can play the Next Level version of FIFA 21 on your PlayStation 5 machine.