If You're An Amazon Subscriber How About Saving 20 To 24 Dollars This Year.

Inflation is hitting even the streaming services as if Amazon needs to make any more money.

Products of every nature and type have been going up across the country this year. Thanks to rampant inflation, we can now add to the list of things that we’ll have to pay more for.

Amazon Prime Announces Membership Rates Going Up

Our favorite online provider of everything from self-care items to electronic gadgets and streaming services announced that in February the cost of membership will increase from $119 a year to 139 a year. Amazon Prime members that are on a monthly plan will see a 2 dollar a month price hike.

Beginning on February 18th, all new Amazon Prime members will be charged the higher price. Current members can look forward to their prices going up in March, or whenever their membership renews after the February 18th date.

There is good news. While the company raises its prices for the first time since 2018, due to growing wages and transportation costs, if you’re a monthly subscriber to Amazon Prime, now is a great time to switch to an annual membership. You can avoid a year of higher monthly fees, and save even more money on top of that.

Sure, we can’t completely escape from price increases like the one Amazon Prime is doing, but you can delay it — even if only for the year.

You can’t renew an existing annual membership early. But, you can buy yourself a gift and use it to subscribe to Amazon Prime and then activate it once your current membership expires. That means an additional year at the $20 less price for all of your favorite Amazon Prime Videos, Free Kindle books, Amazon Prime Music, Whole Foods deals, and more. Just make certain you disable the auto-renew feature on your current subscription after purchasing the membership or using gift cards to pay for someone else's membership if you’re generous.

Instructions On Amazon Prime

Amazon Prime comes with a lot of benefits that we don't necessarily have to pay more for right away, despite Amazon raising the prices. If you're looking to save some money for other things, even small amounts, beating the price hike for even a year might be something to consider.

Step #1

Go to Amazon.com and sign in to your account or create an account.

Step #2

Go to Accounts and Lists on the top right.

Step #3

Open the dropdown and scroll down to Prime Membership.

Step #4

Go to prime plan and click on "SEE MORE PLANS."

Currently the plans are $12.99 for a monthly plan and as stated above those are going to rise to $14.99. While $14.99 might not seem like much for the amount that prime offers, even if you're just using the Amazon Prime Video, Amazon Music and free Kindle Books, by purchasing a one year plan now for $119.00 you will save yourself $24.00 dollars a month by switching to a yearly plan from the monthly plan.

Step #5

Click on Prime Annual. Before the prices go up on February 18th, opt into an annual plan at the 119.00 dollar price and you've locked in the price for a full year.

My Thoughts

Amazon Prime has come a long way and while I learned about this I was using my Amazon Prime privileges to enjoy watching the new Jack Reacher series while it’s 19 below zero outside. That said, I definitely have a new years membership on standby and will activate it on the first of March when mine is due for renewal. We may not be able to permanently beat the ungodly inflation we’re all dealing with but if I can postpone the extra cost for a year that’s twenty dollars I keep out of the billionaire's hands.