Amazon raises monthly Prime rate

World’s Richest Person Is Amazon CEO Jeff Bezos

SEATTLE — The monthly membership fees for Amazon Prime will change starting Friday.

It will go up to $12.99 from $10.99, but the annual membership will remain at $99 dollars.

Monthly customers do not get free access to Amazon Video. That cost is $8.99 a month and is also not increasing.

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The last Prime subscription hike came in 2014, when Amazon increased their yearly membership from $79 to $99.

The e-commerce company did not give a reason for the price increase.

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