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Amazon Bumps up Monthly Prime Membership 18 Percent

Amazon Bumps up Monthly Prime Membership 18 Percent

The price of the monthly Prime membership increased from $10.99 to $12.99 on January 19, 2018. In October, Amazon launched a Prime Student offer at $5.49 per month, which is now $6.49. The annual Prime membership stays at $99. Amazon Prime Student members will continue to pay the $49 annual fee. But is it worth a 20% price hike? That's literally more than half the price of an annual plan, so if you think you use enough Prime to spend that $99, do it. But if you pay monthly instead of yearly, you are going to start paying a bit extra each month for those benefits. The Prime membership plan for customers on government assistance, which was introduced last June, will remain at $5.99 a month.

Consumer Intelligence Research Partners estimated in October that Amazon had 90 million Prime members. That plan also includes Amazon Prime free two-day shipping, video and music streaming services, Prime Reading and unlimited photo storage with Prime Photos.

Amazon first announced the monthly payment option less than two years ago.

As indicated by Fortune, the Consumer Intelligence Research Partners (CIRP) gauges Amazon presently has 90 million US - based Amazon Prime endorsers.

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Amazon's Prime service grants several perks for its users, including faster shipping and access to Amazon Video.

Here's the email Amazon is sending out to customers. The a la carte price for those who are not Prime members will remain the same, at $8.99 per month.

As we've said before, Amazon Prime is well worth the $10.99 a month (discounted to $100 if you buy it on a yearly basis) for the free shipping, the movies, the books, and the litany of random discounts. That's nearly double the $700 non-members spend on Amazon each year.