Renewals after June 16 will jump to new price.
Amazon's Q1 2018 earnings were just released, and the company once again beat estimates. But during the analyst call, it wasn't all good news — at least for customers. Amazon says that it will be increasing the yearly subscription price of Amazon Prime to $119 from the current $99.
This new price will go into effect for new Prime sign-ups starting on May 11, just a couple weeks away, while those of us who already have Prime won't be hit by the price increase unless our renewals come due after June 16.
Amazon Prime to go to $119 on May 11th….
— Brian Roemmele (@BrianRoemmele) April 26, 2018
Apply to renewals starting June 16
— Ben Fox Rubin (@benfoxrubin) April 26, 2018
We don't yet know if there will be an increase to the month-to-month subscription option, which is currently at $12.99/month ($156/year).
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