The online purveyor of everything from self-help books to kitchen gadgets is increasing the cost of an annual Prime membership from $119 to $139. During a company earnings call on February 3, Amazon announced that Amazon Prime membership rates are going up this Friday. Promotions are subject to availability and retailer terms.Īmazon Prime is one of the many products and services hit by rising inflation this year. We may receive commissions from some links to products on this page. Once you receive the e-mail/gifted membership, just let it sit in your e-mail inbox until a day before your current membership expires.CBS Essentials is created independently of the CBS News editorial staff.
(It's worth noting that you'll be charged tax on your membership). However, if you're one of the millions of Americans with a Prime membership, there's a small Amazon hack you can do now to avoid paying the price increase.Įxisting Prime members can gift themselves a Prime membership for $119 (opens in new tab) before the price increase. Existing members will pay the new price starting March 25, 2022. The Amazon price hikes will go into effect starting Februfor new members. Existing Prime members: Price increase starts March 25, 2022.New Prime members: Price increase starts February 18, 2022.Those who receive government assistance and are signed up to the discounted Prime membership will also see an increase from $5.99/month to $6.99/month. Month-to-month subscriptions will also see an increase from $12.99 to $14.99. In addition, we've confirmed that Amazon Prime Student will increase from $59 per year to $69 per year (month-to-month will also increase from $6.49 to $7.49). During Amazon's last earnings call to go over the company's quarterly performance, the e-commerce giant announced that it will raise the price of its Prime membership from $119 per year to $139 per year. The cost of Amazon Prime will increase on February 18.
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