Do you pay for Amazon Prime by the month? Get ready to pay more

If you subscribe to Amazon Prime on a monthly basis, get ready to pay more for the convenience of two-day delivery and watching the new sci-fi anthology series “Electric Dreams.”

Amazon said Friday it is raising the fee on the pay-by-the-month version of Prime from $10.99 to $12.99 a month. If you’re keeping score at home, that means you will soon pay $155.99 a year, or about $24 a year more than you pay now, just to not pay $99 all at once for a Prime subscription.

That’s what the annual fee is for Amazon Prime. By paying once, you get the same benefits of the pay-as-you-go option, but for almost $57 less than you would by shelling out $12.99 a month.

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Amazon added the one-month-at-a-time Prime subscription option in 2014, at the same time it raised its traditional Prime fee by $20 a year, to $99.

Qualified students will also get a small price hike, as their fees go to $6.49 a month from $5.49, or they can subscribe to Prime at an annual rate of $49. That fee isn’t increasing, nor is a standalone Prime Video subscription rate of $8.99 a month.

The new fee structures go into effect immediately for new, monthly Prime members. Those who have been paying $10.99 a month have until Feb. 18 to place all the orders they want before their prices increase.

Amazon has never disclosed how many Prime subscribers it has. The company did say earlier this month that it shipped more than 5 billion items via its Prime service in 2017. Amazon’s monthly Prime price increase comes one day after the company announced the 20 finalists for its second corporate headquarters. None of the Bay Area cities that made proposals for what Amazon calls “HQ2” made the company’s final cut.

Photo: A United Parcel Service driver delivers packages from Amazon in Palo Alto on June 30, 2011. Amazon said Friday it is raising the price of its pay-by-the-month Amazon Prime service from $10.99 to $12.99. (Paul Sakuma/AP)

 

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