Most wear it on their left ring finger. Some choose to remove their wedding set and wear only their anniversary band on their left ring finger. This is popular for those who prefer a simpler look. In some cases, an anniversary ring is designed to replace the engagement ring but is still worn alongside the wedding band.

There are no strict rules for when to give or receive an anniversary band. Many couples choose to mark significant anniversaries, such as the 10th, 15th, 20th, or 25th, with an anniversary ring. Others might opt to celebrate milestone years or unexpected moments with a ring as a surprise.

Many couples upgrade their engagement rings for their 10-year or 25-year anniversaries. It's common to upgrade a diamond in carat weight and value, or change diamond shape.