Amazon Prime members who pay their memberships on a monthly basis will soon see a $2USD increase in price. The company is raising the cost of monthly membership to $12.99USD where it was previously $10.99USD. This means, if you pay on a monthly basis and keep your membership for a year, you’ll be paying $155.88USD vs $131.88USD. While $155.88USD doesn’t seem like much, when compared to the yearly rate of $99USD it makes one think.
I’m speculating here but it’s likely Amazon is doing this to push those users who haven’t committed to a yearly subscription into the 12-month commitment. This is what Amazon had to say about the matter in their Help & Customer Service page on Amazon.com.
The monthly membership fees for Amazon Prime and Prime Student changed on January 19, 2018. Annual memberships remain at $99USD and $49USD. More information about this can be found at Amazon Prime Price Change.
If you choose to be charged on a monthly basis, your membership charge will be $12.99USD. If you choose to be charged on an annual basis, you will be charged $99USD. Prime Video membership is $8.99USD a month.
If you didn’t intend to continue your membership from a free trial to a paid membership, you can cancel your Amazon Prime membership on the Manage Prime Membership page. If you haven’t used your Prime benefits, you are eligible for a full refund.
Note: If your Prime membership is associated with a service you receive through another company (such as Sprint), please reach out to that company for details about your membership rate and to manage your membership.
While the $99USD yearly rate is certainly the better deal, some users can’t afford to pay out the full amount in a month, therefore, they opt for the monthly rate. It will be interesting to see how those users handle the new increase.
What do you think of the Amazon Prime price increase for monthly subscribers? Let us know in the comments below or on Google+, Twitter, or Facebook.
[button link=”https://www.amazon.com/gp/help/customer/display.html?nodeId=200966690″ icon=”fa-external-link” side=”left” target=”blank” color=”285b5e” textcolor=”ffffff”]Source: Amazon[/button]
