The cost of Amazon Prime is set to increase this month. During Thursday’s earnings call to go over Amazon’s quarterly performance, the e-commerce giant announced that it will raise the price of its Prime membership from $119 per year to $139 per year. Month-to-month subscriptions will also see an increase from $12.99 to $14.99.
The Amazon price hikes will go into effect starting February 18, 2022 for new members. Existing members will pay the new price starting March 25, 2022. However, if you’re one of the millions of Americans with a Prime membership, there’s a small Amazon hack you can do now to avoid paying the price increase.
Existing Prime members can gift themselves a Prime membership for $119. (It’s worth noting that you’ll be charged tax on your membership). Once you receive the e-mail/gifted membership, just let it sit in your e-mail inbox until your current membership expires.
