The price of Amazon Prime is rising – here’s how to avoid paying more
Amazon is about to raise the price of Prime membership in the US. Annual subscriptions will drop from $119 to $139, while monthly fees will drop from $12.99 to $14.99.
The price increases will affect existing subscribers from March 25, 2022; new users from February 18.
But here’s the good news: Prime subscribers can dodge the pesky price hike for an entire year! Here’s how the money-saving hack works:
1. Treat yourself to a First membership for $119 before price increase. (As always, you’ll be charged tax on the total $119.) And be sure to use the email address registered to your Prime account.
2. Wait for the email from Amazon confirming that you’ve generously gifted yourself a 12-month Prime membership. Understood? Good.
3. The day before your current subscription expires, log in to your Amazon account and manually to cancel your subscription (go to first central, select ‘Update’ then ‘Cancel’). This will prevent Amazon from automatically renewing your Prime subscription at the new higher price.
4. After your Prime membership is over, you can manually redeem your Prime membership, enjoy the $20 saving, and enjoy that feeling of victory.
It’s not just existing members who can lock Prime at the cheapest price. New subscribers can sign up for a 30-day free Prime trial before February 18, 2022 and benefit from the rate of $119 per year.
Amazon last increased the price of the annual Prime subscription in 2018, when it went from $99 to $119. Four years prior, he had raised the fee from $79 to $99. Future increases would be due to supply chain and labor shortages.
Want even more savings on Amazon? You can currently take a Echo Dot (3rd Gen) smart speaker for just $4.99 when you subscribe to Amazon Music Unlimited for $9.99 per month ($7.99 per month for Prime subscribers). Who needs Prime Day, huh?
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