Amazon Hikes Monthly Prime Membership Prices by 18% to $12.99
- Annual $99 subscription for free two-day shipping stays same
- Number of items eligible for Prime shipping doubled in 2017
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Amazon.com Inc. is looking to squeeze more money out of monthly subscribers to its free two-day shipping service, which could persuade many of them to sign up for annual subscriptions.
Monthly subscribers to Amazon Prime now have to pay $12.99 each month, an 18 percent jump, according to Amazon’s website. At that rate, monthly customers would pay $156 a year.