Amazon’s popular Prime membership program that’s loaded with benefits (beyond just free expedited shipping) is getting a price hike, but there’s a workaround to pay the current rate for another year.
Amazon’s popular Prime membership program that’s loaded with benefits (beyond just free expedited shipping) is getting a price hike. In its latest earnings report, Amazon revealed that the cost is going up from $119 annually (currently) to $139 for a year-long subscription. Likewise, the $12.99 per month option is going up in price as well, to $14.99. There’s no mention on whether the reduced $59 Prime Student rate will go up as well, but reports suggest it will go up to $69. The updated pricing goes into effect on February 18, 2022 for new members, while any existing memberships that are due for a renewal for see the higher pricing after March 25, on whatever is the date of the next renewal. «This is the first time Amazon has raised the price of Prime since 2018,» Amazon stated in its earnings report.
