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Amazon raises Prime membership to $99 per year

Accepted submission by dotdotdot at 2014-03-13 19:49:24
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For the first time since it was introduced nine years ago, the price of Prime is going up. [amazon.com] Existing Prime members will pay $99 per year on their annual renewal date and Amazon Student members will pay $49.

"Even as fuel and transportation costs have increased, the price of Prime has remained the same. If you consider things like inflation and fuel costs, a Prime membership valued at $79 in 2005 would be worth more than $100 today," an Amazon statement said.

The critical cut-off date [cnet.com] is April 17. If your renewal comes up before then, you'll still pay the original $79 fee. If it comes up on April 17 or after, you're stuck with the higher fee.

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