Paying for Amazon Prime monthly is going to cost you more cash. Amazon is raising the price of the service effective with your new billing cycle.
Beginning today, Jan. 19, the cost for a new monthly subscription to Amazon Prime rises from $10.99 to $12.99. Students are also seeing a price hike. Discounted Prime Student monthly plans are jumping from $5.49 to $6.49.
There’s good news, however. The yearly fee for Amazon Prime will remain $99, with Annual Prime Student membership still priced at $49.
As Amazon explains:
The price of the monthly Prime membership for new members increased from $10.99 to $12.99 on January 19, 2018. The price of the discounted Prime Student monthly plan for new sign-ups increased from $5.49 to $6.49 on January 19, 2018.
Existing monthly Prime and Prime Student members will pay the new price for renewals happening after February 18, 2018.
Annual Prime members continue to pay $99. Annual Prime Student members continue to pay $49.
First introduced in 2005 as a way for customers to receive free 2-day shipping, Amazon Prime now offers other perks, including Prime Music, Prime Video, Prime Reading, Prime Pantry, and more.
Originally priced at $79 per year, Amazon Prime’s yearly membership jumped to $99 in 2014. Amazon began offering a monthly subscription option for Prime in December 2016.