ttp86 was also able to verify that via chat. A CSR specifically verified that you can buy five gift memberships for yourself and redeem them over 5 years. His full transcript can be found here. please rep him if you find it useful.
Didn't see this posted and while this isn't a hot deal I thought many people here would be interested as many of us rely on Amazon Prime for many Amazon deals.
Might be a good idea to renew your membership before 4/17 to take advantage of the current rates.
Additional details with the 4/17 date:
If your membership expires after 4/17 and you want another year at the current price, buy a gift membership and set it to send the day after your current one expires. More details here
Please rep orick for this tip!
Edit: an interesting article on the reasons behind this . I find the profit margin graph amazing. I knew Amazon wasn't making a lot of money, I didn't know they practically just break even!
Edit: Time Magazine mentioned this thread! Thanks AlwayzJ for the reference.
IF YOU ALREADY HAVE PRIME, CHECK YOUR EMAIL. You may not have to renew by 4/17 to get the new rate. People have received emails that their 2014 renewal, regardless of date, will be the same. So if your renewal comes December, 2014, you may not see the higher rate until December, 2015. Do not jump the gun and renew without checking this first.
Price Increases suck.
But you do have until 3/19 to sign up for prime at the current 79/39 rate!!!
don't forget AMEX Offer still valid.. Free Prime w/ American Express Blue Cash (1 year only)
Quote :Plus, get one year of Amazon Prime after you sign up for a new membership with your Card and meet the spending requirement in the same time period._
From the Amazon Website
If your membership renews before April 17, 2014, you'll be charged at a membership rate of $79. If your membership renews on or after April 17, 2014, you'll be charged at a membership rate of $99.
The annual charge for Amazon Prime includes FREE Two-Day Shipping, Prime Instant Video, and the Kindle Owner's Lending Library.
If you didn't intend to convert your membership to a full 12-month membership, you can cancel your Amazon Prime membership on the Manage Prime Membership page. If you haven't placed an Amazon Prime-eligible order, you are eligible for a full refund.
When we renew your membership, the card you gave us at sign-up is used. If we can't successfully charge this card, another payment method will be used. Your initial sign-up authorizes us to use the preferred or other available payment methods. To update your preferred card, go to Manage Prime Membership.
INSTRUCTIONS TO LOCK IN $79 RATE
(1) Look up your Prime expiration date. (Let's say yours is June 11th.)
(2) Purchase a Prime Gift Membership here: https://www.amazon.com/gp/prime/p...ng_landing
Set the delivery date as the date after your membership expires (in this case, June 12, 2014).
Enter your own e-mail address as the gift recipient. It is okay if this is the exact e-mail address already associated with your Amazon Prime account.
Place order (total will be $79).
(3) Turn off your Prime auto-renew. (End membership - at expiration)
(4) On the day after your membership expires, you will receive an e-mail from Amazon with the gift membership. Follow the instructions to apply it to your account.
This is a pretty straightforward way to save $20.
HOW TO CANCEL AMAZON PRIME AUTO RENEW:
Quote :Go to Manage Prime Membership .
Review the renewal date listed on the left-hand side of the page.
If you currently have an Amazon Prime free trial, click Do Not Continue .
If you currently have a paid Amazon Prime membership, click End Membership .
Turn off your renewal using the link below the renewal date.
Note: Your membership will expire at the end of the current period. It will NOT end before your current paid subscription is over, nor can you cancel it early for a refund.