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You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey. Bankrate follows a strict , so you can trust that our content is honest and accurate. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. The content created by our editorial staff is objective, factual, and not influenced by our advertisers. We’re transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money. Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service. Online mega-retailer sells a membership program called Amazon Prime, which offers access to free shipping, streaming video, e-books, music and a variety of other services and deals. But before you pull out to sign up, you’ll want to understand the different possible prices for Amazon Prime. How much does it cost
For most people, an annual Amazon Prime membership is $99 — if you pay it all at once. If you’d rather pay in monthly installments, the cost is $10.99 per month, or $131.88 per year. So, you save $32.88 by going with the onetime-payment option. Occasionally, there are sales. For example, a Black Friday sale in 2016 offered Amazon Prime memberships for $79. For college students, Amazon offers memberships, which cost $49 a year. In June 2017, the company introduced , costing $5.99 per month, for Americans who have been issued EBT (electronic benefit transfer) cards for food stamps and related government assistance programs. What does a Prime membership include
These are some of the benefits of Amazon Prime: Free shipping. Not every item sold on Amazon is eligible for free shipping, but millions are. Prime members in more than 5,000 cities and towns qualify for free one-day or even same-day delivery on more than a million items. Members in more than 25 metro areas can get free delivery in as little as one hour on thousands of items, with the mobile app . Music streaming. Prime Music allows members access to over a million songs and thousands of playlists and stations. Video streaming. With Prime, members have access to tens of thousands of TV shows and movies. They can watch on iPads, computers, Smart TVs or other televisions outfitted with Amazon Fire or Roku. Prime Pantry. For , members who live in any state other than Alaska, Hawaii or the U.S. territory of Puerto Rico can have grocery, household and pet care items shipped to their homes. It is a great service for new moms or anyone who has trouble getting out of the house. Prime Photos. Members can store unlimited photos in the Amazon Cloud Drive. Kindle Owners’ Lending Library. This perk offers and allows members to borrow one book a month with no due date. Members also get one pre-released book a month through Kindle First. Lightning deals. A lightning deal is a short-term, deeply discounted deal that normally features high-tech or fashion items. Members qualify for these deals 30 minutes before the general public. Amazon Family. Just as the name implies, this benefit allows members 15 percent off eligible baby registry items and 20 percent off diapers. Exclusive access. Amazon has recently experimented with making certain purchases available only to Prime members. For example, you have to have Prime if you want to buy a Disadvantages of Prime
There are at least two possible downsides to having an Amazon Prime membership: If you shop Amazon just occasionally, rather than weekly or daily, you may not recoup your membership fee. To make the membership worth your while, you may feel compelled to buy from Amazon rather than shop other online or brick-and-mortar retailers. Conclusion
According to an , Amazon Prime has grown to about 80 million members in the U.S. The many who have come to depend upon the e-tailing giant for quick, convenient purchases have found that a Prime membership can pay for itself rather quickly. Sitting there with your in hand, ready to sign up? Be certain that you’ll make enough purchases from Amazon to make Prime worth the cost. SHARE: Dana Berberich Related Articles
