Can I Renew Amazon Prime Before the Price Increase
Introduced in 2005, Amazon Prime now has 172 meg members.
Angela Lang/CNETAmazon announced big fourth-quarter profits along with some bad news for customers earlier this month: The online retail behemothic is raising its almanac membership price again. An Amazon Prime membership will shortly cost $139 for almanac subscribers, up from $119, and monthly members are looking at an increase from $13 to $15 ($156 to $180 for 12 months). For new accounts, the price hike goes into outcome on February. 18. But if y'all already have an account, the cost won't increase until Mar. 25.
This crash-land marks the first time Amazon has raised prices on Amazon Prime since 2018, when the toll went from $99 to $119 per year (from $11 to $13 monthly). The premium subscription service originally launched in 2005 at $79 per twelvemonth.
As of Dec 2021, about 172 million people subscribe to Amazon Prime, according to a written report from Consumer Intelligence Research Partners. The study notes that Amazon Prime number has added 30 million new subscribers each of the by two years.
Even though the price is rising, there are ways to maximize your current subscription or arrive on the onetime price before it's gone. Read on to learn all about the Amazon Prime price change and how y'all tin can save coin.
How much is Amazon raising the price of Prime?
For the majority of people, the price of Amazon Prime number will change from $119 per year to $139, or from $13 monthly to $15.
Prices volition besides increase for students and other low-income subscribers. Prime Student members will soon pay $7.fifty per month, or $69 per year. For recipients of Electronic Benefit Transfer and other qualified forms of authorities aid, the monthly price volition increase from $vi to $7.
When will the price of Amazon Prime number modify?
The price changes will take outcome Feb. xviii for new Amazon Prime number accounts. For existing accounts, the increased price volition kicking in on the outset renewal payment later March 25.
How can I save money before the price of Amazon Prime number changes?
If you were considering an Amazon Prime subscription, now'southward the time to practice information technology. Prices will change for new accounts on Feb. 18. If you pay for a yearly subscription before and then, you'll lock in the $119 yearly rate until 2023.
Current Amazon Prime number members should take a look at their Amazon accounts to run into if they are monthly or yearly subscribers. If y'all're a monthly subscriber and switch to a yearly subscription, y'all'll also lock in the $119 rate until next twelvemonth.
Tin I buy a future Amazon Prime membership with a gift card now?
Savvy bargain shoppers have noted that Amazon'southward "gift of Prime number" service can exist an effective method of extending the current cost rate. If you buy a gift subscription of Amazon Prime earlier the price alter and activate it when your existing subscription expires, y'all'll get another year at the $119 rate. If you sign up for a yearly account before Feb. eighteen and buy another yearly gift subscription at $119, you won't be paying the new $139 yearly rate until 2024 (though yous will be paying $238 upfront).
Why is Amazon raising the price of Prime number?
Despite improve-than expected fourth-quarter earnings, Amazon gave several reasons for the cost hike in its press release, including more big-budget shows on Prime Video like The Wheel of Time, Jack Reacher and the upcoming The Lord of the Rings: The Rings of Power equally well as its decadelong exclusive license to NFL's Thursday Nighttime Football. The company also touted expanded availability for aforementioned-day delivery to 90 metropolitan areas in the United states of america, free shipping for more items and more deals on products.
What services does Amazon Prime number offering?
Amazon Prime originally launched with unlimited free 2-mean solar day shipping for a large number of its products, and that principal service remains its most popular benefit. However, Amazon Prime has since expanded its offerings and now includes many other benefits.
Here are the biggest services Amazon Prime provides:
- Free two-day, adjacent-day or aforementioned-day aircraft
- Complimentary grocery delivery via Amazon Fresh
- Discounts at Whole Foods
- Free streaming video via Prime Video
- Free streaming music via Amazon Music
- Free magazines and books via Prime Reading
- Unlimited photo storage on Amazon Photos
Visit the Amazon Prime info page for a total list of the services included in an Amazon Prime membership.
Who are Amazon Prime's competitors?
Pricier Amazon Prime subscriptions could make competing services more than attractive, but in that location aren't a whole lot of them. Walmart Plus, which currently costs $98 per year, offers expedited delivery and groceries, but the superstore concatenation'southward service doesn't accept the all-encompassing Goggle box shows, movies, music and games included with Amazon Prime number.
Both Target and Walmart have tried to compete with Amazon Prime Day, a massively popular and yearly two-twenty-four hour period sale for Amazon Prime number members. Target has launched its own Target Bargain Days and emphasizes that no membership fees are required. Similarly, Walmart began its own Deals for Days promotion for 3 days in June 2021.
Competitors like NewEgg Premier and Google Express encountered difficulties competing with Amazon Prime. NewEgg launched Premier in 2022 but shut information technology down in Dec 2019. Google Express also launched in 2019, but it lasted less than a year.
Source: https://www.cnet.com/tech/amazon-prime-will-soon-cost-140-heres-how-to-lock-in-the-120-rate-for-another-year/
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