Ways to combat price hike for Amazon Prime

Amazon has announced that it is going to cost more soon for its Prime membership.

The price is going up from $99 per year to $119. The price hike goes into effect May 11 for new members and June 16 for renewals.

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Customers who are Prime members receive free two-day shipping on more than 100 million items, free two-hour delivery on a range of products, and free streaming of TV shows, movies and music. Other perks include free monthly books and a lending library, unlimited photo storage, and free grocery delivery from Whole Foods in certain cities.

If $119 is a bit much to pay all at once, they do have a monthly membership. The cost of that is $12.99 (formerly $10.99).

There are some ways though to save.

  1. Share the membership with a friend or family member in the same household. Must also share payment method. So, make sure it's someone you trust. 
  2. Students with an .edu email address only half to pay $59 beginning next month (up from $49).
  3. Pay by the month. Yes, it will cost you more in the long run ($156) but may be a lot easier.
  4. If you don't care about free shipping, you can still get the streaming plan for $8.99 a month.
  5. People who receive government assistance may be eligible for discounts.
  6. Don't buy from Amazon. Walmart and Target offer free two-day shipping on orders over $25. Many other retail websites also offer free shipping if you spend a certain amount of money.

This is the first increase in four years. Amazon Prime was $79 when it was first offered. 

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