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Amazon Is Raising the Cost of Monthly Prime Memberships by 18 Percent

The cost of paying for Amazon Prime month to month is now an even worse deal.
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Amazon raise prices

Amazon today announced they're increasing the membership fees for monthly Prime memberships from $10.99 a month to $12.99. The cost for the annual membership is not increasing and will stay at $99 a year.

If you were on the monthly plan before and didn't take any months off, you annual cost for Amazon Prime was $131.88. Now you'll pay $155.88 for the same service, an 18% increase. The monthly membership is not a good deal unless you plan on only having an active membership for a max of seven months a year.

The change is definitely a nudge to get more people to opt for the annual membership, because Amazon knows that if you're a Prime member, you will spend a lot more money on their site than people who are not.

Student memberships are also seeing an 18% increase in the monthly membership, going from $5.49 to $6.49. Annual student Prime memberships are $49, and you get the first six months free to try it out.

People on government assistance will not see their rates go up from the $5.99 a month they're currently paying.

h/t to ElectroFuse for posting it first in the forums.

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About the Author

Johan Mengesha is the Editorial Director at Slickdeals in Los Angeles, Calif. Mengesha has written for print and online media outlets since 2003 and has a journalism degree from Cal State Northridge. Published work has appeared in the "Los Angeles Daily News," the "Daily Sundial" and eHow.com.

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