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.

RELATED CONTENT

Young entrepreneur sews up happiness for kids in hospitals How long can cryptocurrencies like bitcoin shine? KFC closings across Britain ruffle feathers Disney’s Toy Story Land opening date announced McDonald’s moves cheeseburgers off Happy Meal menu Ulta hit with second lawsuit claiming company resells returned products as new
Comments