Amazon boosts monthly Prime membership fees by 20 percent

By JOSEPH PISANI, AP Retail Writer
NEW YORK (AP) — Amazon is raising the price of its Prime membership monthly plan by nearly 20 percent. The fee of $99 for an annual membership will not change, the company said Friday.
The online retailer had added the monthly payment option about two years ago as a way to hook shoppers — especially during the holiday season — who wanted faster free shipping, but didn’t want to commit to an annual fee. The Seattle-based company does not disclose how many Prime members it has.
Besides free two-day shipping, Prime members get other perks, such as access to Amazon’s video and music streaming services.
Starting Friday, new monthly members will pay $12.99 a month, up from $10.99. Qualifying college students will pay $6.49 a month, up from $5.49. Amazon.com Inc. said existing monthly members will start paying the higher fees next month.

SHARE

RELATED CONTENT

How to save money at the pump over Memorial Day Meet the first woman to lead the NYSE in 226 years Instagram introduces mute feature to quiet down your feed without unfollowing friends Former President Barack Obama and Michelle Obama sign multiyear deal with Netflix Second sex probe confirmed, chef Mario Batali said no comeback planned Scratch-and-sniff stamps are coming to a post office near you
Comments