Amazon Prime membership is set to become more expensive this month. The company has announced that it will be raising the annual subscription fee from $119 to $139, and the monthly fee from $12.99 to $14.99.
According to Amazon, the price increase is due to additional Prime membership perks such as more Prime Video material and expanded free same-day delivery, as well as rising distribution network labor and transportation costs. The company last increased Amazon Prime membership prices in 2018 when it raised the annual membership fee from $99 to $119. The current price boost represents a 17% increase.
This change will go into effect on Feb. 18, 2022, for current Prime members, and after March 25, 2022, for those who renew their membership. So if you’re thinking of signing up or renewing your Prime subscription, now is the time!