Amazon is raising the price of Prime monthly memsberships by nearly 20 percent - recode

Panzer was cleaning out the Panzermobile when he saw something sticking out from under the mat on the passenger side. Pulling it out he discovered it was a post from the recode site about Amazon Prime.

That's a big price increase.

According to Jason Del Rey, Amazon is raising the price of the monthly payment option fee for a Prime membership. The price since inception has been $10.99 per month, but is now jumping to $12.99 per month. The new payment amount will raise the monthly payment plan "annual membership fee" equivalent to $156.00, while the regular one time annual membership fee will remain at $99.00. Prime gives users free shipping on select products and select streaming programs.

Panzer says, "Umm ... So, if you can't afford the full annual membership fee at one time, Amazon will just increase the monthly charge to make it even harder to pay."

Note: This is a medium length post. Bring a cup of tea and two muffins for today's reading selection.

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