Only 6 Hours Left To Save On Amazon Prime! Amazon Prime Going Up To $139 Per Year, But Here’s How You Can Lock In The $119 Rate For Future Years!

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Update: The price of Prime membership will increase tomorrow to $139, this is your last chance to purchase the Gift Of Prime here and lock in the current lower price!


In 2014 Amazon was charging $79 for Prime membership and said that they believed they could charge up to $119 per year. At the time they only raised it to $99, but then on 5/11/18 the cost of Prime membership for new members climbed to $119 per year.

Amazon is back again with a price increase and starting 2/18/22 a year of Prime Membership will be $139 per year.

Existing members will be able to renew until 3/25, but renewals on 3/26 will also go up to $139 per year.

Monthly Prime members will have to pay $14.99 per month, instead of the current $12.99 per month.

You can join Amazon Prime now for $119 here with a free trial.

Want to lock in $119 Prime membership for future years?

I locked in several years of $79 Prime membership back in 2014 and then again in 2018 for $119 and they continue to work perfectly. This method provides also provides a hedge even if Amazon decides to raise the price of Prime again in the future. Here’s how to do it:

You can buy $119 Prime Gift Memberships here. You can buy as many as you’d like, but you’ll have to buy them one at a time.

Tax on Amazon Prime Memberships is collected based on whether your default address is in one of these states. You can buy Prime Gift Memberships with Amazon gift cards, so if you have Amazon gift cards and have an address in a state without tax on a Prime Membership (such as Alaska, Connecticut, Delaware, Georgia, Illinois, Indiana, Maine, Maryland, Massachusetts, Montana, Nevada, New Hampshire, North Dakota, Oklahoma, Oregon, or Virginia) you can use that as your default address for an Amazon Prime Gift Membership and avoid paying tax on the membership.

You can use your Chase Ink Cash card and get 5 Chase Ultimate Rewards points per dollar spent by buying Amazon gift cards at Office Max/Depot or Staples. You should have until 3/25 to buy Amazon gift cards and lock in Prime Gift Memberships at the $119 rate. Of course you don’t need to use a gift card to lock this in, but that way you’ll earn 5 Chase Ultimate Rewards points per dollar spent and can avoid paying taxes on Prime membership.

You can have Prime Gift Memberships emailed to you or a friend. Just select to have it sent now and you can file the gift memberships away in a folder in your email. There is no limit to how many Prime Gift Memberships that you can buy. They will always be good for a full year of Prime, no matter what the price for Prime is when they are used, and they will never expire!

When you send yourself a gift year of Prime you will get an email with a special link that instantly gives a year of Prime to whatever account opens the special link. If you click on the link and have an active Prime membership it will ask you if you want to convert the membership into a gift card for the amount paid for the Prime gift membership. If you paid tax for the Prime Gift then you will also get the tax back as a gift card.

You need to click on the link after your Prime membership expires in order to use it for another year of Prime.

A regular Prime membership is set to auto-renew. To use the Prime Gift Membership, you will need to set your Prime not to auto-renew.

Here are instructions that worked in 2018 and still work today:

To do so, click on this link and click on “Manage Membership” then select “Do not continue” or select “End Membership and Benefits”

 

Confirm that you want to end your benefits at the end of your membership that you have already paid for:

 

You will get a confirmation that your Prime membership will end on a future date:

After that date, just click on the Prime Gift Membership link in your email to enroll in another year of Prime at the $99 $119 price that you locked in!

 

Decide that you no longer want Prime? You can convert the amount you paid back into an Amazon gift card by scrolling to the bottom of the email and locating the link in this paragraph:

You can buy as many gifts of Prime as you want. You can use it for yourself or give it as a gift in the future to anyone else.

If you have gift card funds locked in one Amazon account and you want to transfer the funds to someone else you can buy Prime gift subscriptions with your gift cards and send them the gift to another Prime account! That other account can then turn the gift membership back into gift cards in their account.

Note that if you are grandfathered into the old Prime sharing system you can’t use this workaround as it requires letting your old Prime expire before enrolling again. Under new Prime sharing rules you can only share Prime with 1 other person and payment details are shared as well between those accounts. Though under the new system Prime benefits like Amazon Family and Prime Video are usable by both accounts.

Amazon Prime member benefits include:

How many years of $119 Prime membership will you lock in?

Amazon offers free shipping with $25+ orders or get free 1 day shipping on all orders with a free trial of Amazon Prime. A prime trial is also free with Amazon Family (which also gets you up to 20% off diapers among other benefits) or Amazon Student. EBT/Medicaid Cardholders can save on Prime Membership here.

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82 Comments On "Only 6 Hours Left To Save On Amazon Prime! Amazon Prime Going Up To $139 Per Year, But Here’s How You Can Lock In The $119 Rate For Future Years!"

All opinions expressed below are user generated and the opinions aren’t provided, reviewed or endorsed by any advertiser or DansDeals.

ber

The price of the monthly Prime membership will increase to $14.99/month, and the price of the annual Prime membership will increase to $139/year.
For Prime Student members, the price of the monthly membership will increase to $7.49/month, and the price of the annual membership will increase to $69/year.
For qualify EBT and government assistance recipients, the price of membership will increase to $6.99/month.

Ben

Are you able to lock in the EBT rate?

Malibumiler

Great trick that works great! Thanks Dan

MS

what about discounted rate for medicaid and EBT cardholders?

David

More than couple of years out, $20 of savings is a pretty low rate of return.

USam

It won’t stay at $139 forever.

Dan

Correct goes up every few years.
My $79 Prime gifts are still appreciating in value…

Peretz

You’d have done better with BTC

Dan

Or by going into a casino and betting on red.

JW

In 2018 did you mean you locked in more years at $99?

And thanks for sharing. I took advantage back then and am still enjoying the $99 yearly price.

Annoyed Yid

This requires laying out the money now, when prime shipping speed became much slower…

JV

Did it? over the past 2 years it has increased for me. i get 75%+ of items in 1 day

elikay

Since corona I’ve also seen a siginificant slowdown. NJ

Dan

Faster than ever in CLE.

SharingYid

I agree. I live in NJ and it also seems really slow compared to what they used to do. I had 4 orders delayed in 2 weeks. I complained to Amazon and they gave me a credit, so I guess that’s the upside of delays.

Wonderingyid

Blame the Lakewood post office.

reb yid

When corona initially kicked in, the delivery times slowed. Now, they’re very fast.

Mo K

What about again student? Any change to that?

Jim

If you have an older Prime family membership, doesn’t this method knock out some family benefits?

Boruch

1 Problem: Even though they don’t technically expire, if you hold the gift cards for too long, they will probably be subject to escheat, which means they’re cancelled and the balance sent to the state Unclaimed Funds Dept for you to collect it. Each state has different laws of the timing of this from 1yr, 3,5,10 years…

DoB

And then you collect it from the state and get your cash back – so what’s the problem?

Boruch

You don’t gain by buying 100 of these.. Bec you can only save it for 1,3,5,10 years

DoB

Right, you don’t gain, but you also don’t lose the principal. This isn’t like a coupon that expires and becomes worthless.

Al

Most states charge a small fee to claim it

Ben

This is getting ridiculous.Honestly not sure if I’ll even keep prime. How high does the price have to get before it’s not worth it anymore? $199?

Dan

Not surprising considering the rampant inflation these days 🙁

Yitz

How can I change my default address l, if I still need to use the billing address of my cc which is in a tax state?

Sam

Sounds like a great hedge for Amazon… free loan for a few years. Could of put that few $79 gift cards in Amazon stock in 2014 and your kids would have free prime 🙂

Dan

Por que no los dos?

Shlomo Rabinowitz

Vhameivin yavin

Yada

My grandfathered shared plan is too good to let go. With my 3 ‘family’ members it costs me roughly $30 a year. Thanks for that tip way back!!

JV

i have a grandfathered account too but no one to share it with. how do you find your ‘family ‘ members

Eli

Same here, I forgot who my family members are that I shared my plan with, and there is no way to find them.

Is there a way for a grandfathered plan to see it’s actual members?

Jack

Great trick as always, thanks Dan, however I still think leveraging your money is better then to save the extra 20 dollars a year, take all the money that you would lay out now to buy membership gift cards and put it into an s&p500 which rises an average of 8% a year you’ll be making way more then the 20 bucks u save a year!

Ben

This is guaranteed and tax free

yair

No. Simple math really. if you put the $120 into S&P500 you’ll make $9.60. Whereas if you put the $120 into amazon prime, you’ll make $20 (assuming you’d be buying amazon prime anyway). So double the return, and no risk.

Eli

But that is only 1 year, clearly if you are only doing this for next year then buying the prime membership is better than investing that money. However the recommendation is to buy multiple years of prime membership. So you have to layout the money now, let’s say you did 3 years, following your $9.60 return that would now be $28.80 per year, 5 years would be $48.

Basically if you want to buy 2 years or less than go for it, else your better off just investing that money and pay yearly for prime at the higher price.

Dan

1. Income is taxable, so that has to be backed out.
2. This is no risk.
3. Amazon has been raising the price by $20 every 4 years.

yair

it’s actually more than that because of compound returns, so you certainly shouldn’t do this for the next 10 years running. But even if you did 2-3 years, you’re basically at the same point you are now (and you’re even better off if they raise the price again, remember dan is now up $50 a year, which would mean about 4 years of stock market returns)

SloMo

Past results might not be indicative of the future, especially now.

T

how about people that are getting it for 5.99 a month bec they are students or have EBT?

sarah lagnado

What about student membership?

Avi

Recently I received ebt cards for my children due to covid, I used the card info to get prime for 5.99/month.

Ttymp2024

How long do they give it for?
Even after the card expires?

Michael

Any downside to letting prime expire before reupping? Do you lose subscriptions or order history?

Wonderingyid

Lol you don’t lose order history.

dave

do you have to use the prime membership to the email that is sent? meaning can I buy it now and send it to my email and then decide if I want to use it on my account or give to a friend.. etc.. thanks!

Avi

Annual Prime membership price increases from $119 to $139.
The monthly Prime membership price will change from $12.99 to $14.99.
Prime Student price is also increasing from $59/year to $69/year, or monthly from $6.49 to $7.49.
The EBT price goes up from $5.99/month to $6.99/month.

From DoC

Ing

Does this work even if you have one of those older accounts where you could have up to five members, before they made the household rule? Thanks!

Sam F.

DO NOT do this on an old, grandfathered account. You will lose the “family” benefit!

Work-for-ur-muny

I should have some $79s still laying around somewhere.

I let my Prime run out as it is not really economical any more. I also find that I generally spend far less without it, and think more than twice before hitting that “order” button. What I do now is, whenever I need something that is less than the $25 free-shipping threshold, I add it to my cart and when my order meets the minimum I have them ship it.

What really bothered me was the fact that even with Prime, many items still had a minimum for shipping, so the whole purpose was basically defeated. So in the post where you wrote “Free 2 day shipping on all Amazon orders”, you should really add an asterisk to the “all*”.

Od

prices in cart can change

christine johnson

Hi and thanks for this info. I tried several times to pay for the gift membership with a gift card (selected: Your available balance
Use your $646.10 gift card balance
Use $119.00 of your $228.10 gift card balance) and I keep getting this message:
Important Message
There was a problem with some of the items in your order (see below for more information):
Amazon Prime (One Year Membership)

Amazon Prime (One Year Membership) is not available for you to purchase because you have selected an ineligible payment method. Please delete the item to continue

PLEASE ADVISE. Thank you!

Ari

Same problem and they are charging me tax

dave

I have a maryland address and it shows that it wants to charge me tax…

Mika

Can I buy the membership with a giftcard?

Berel Sholom Tzvi

I not longer believe Prime is worth the money you pay. Of the last 10 orders I placed through Amazon Prime, with Prime delivery, seven have com in past the promised delivery date. The last 4 items were delayed late in the same day. When I call Amazon customer service I get a foreign call center that frustrates me even more. They can give no explanation as to why the orders are delayed and usually offer no compensation. As for the Prime Video, there are only a few things worth watching. Prime is no longer a good value. I will be canceling Prime, Music, and Kindle Unlimited. Hello Walmart.

goco

If I cancel auto renew and let my Prime membership lapse before restarting it with my $119 “gift membership”, will I lose all my 10 years of previous Amazon order history?

Ari

No, your amazon account will stay, and your order history will be just fine.

Ari

Anyone know if an EBT membership can be shared with one other adult (who is not EBT), like a regular prime membership?

Simchas

Does cancelling for membership also mess up your returns or any other benefits?
Is there any downside to cancelling my membership?

Jayb

I have a ton of photos stored on Amazon Photos that I get free with Prime. If I let Prie expire, will I lose those photos when I let the current Prime lapse until I reinstate the new Prime? Thanks

anonymouse

So grandfathered accounts (prime split between 4 ppl) cannot buy giftcards to lock in the price??

Honest Abe

I signed up with an address in one of the tax free states and it looked like it went through…I received a confirmation email with the order number but no gift email saying congrats on the yearly membership….and when I checked my order it says processing….Its been like that for an hour now…Anyone else have that issue? You think Amazon caught on?

Honest Abe

nevermind ..I just received the welcome email…weird it took an hour to arrive though…

Jack

@Dan why not just change to a new email every 30 days and use the free 30 day trial? Cheaper than the $79 rate…

AC

just tried- won’t let me add more then 1 membership to my cart!

sho

post addresses this and says you have to buy one at a time

sho

It keeps tell me Amazon Prime (One Year Membership) is not available for you to purchase because you are either a Prime member or you are buying Prime with 1-Click ordering. Please delete this item to continue.

Arkr

Is anybody NOT being charged tax in Maryland??

Shawn

I”m being charged tax, it looks like there’s no way around it

Binyamingavriel

Doesn’t seem to work. I got the following message:
Amazon Prime (One Year Membership) is not available for you to purchase because you are either a Prime member or you are buying Prime with 1-Click ordering. Please delete this item to continue.

Nina

I was able to buy a gift of membership with an amazon gift card a few minutes ago. It still works.

Indie

Does this trick work if I am currently non-prime and buy this gift of prime in case I decide to sign up?
Also will the exchange Prime gift to Amazon GC work if I decide later not to sign up?
TIA

Judith

It won’t let me:
“Amazon Prime (One Year Membership) is not available for you to purchase because you are either a Prime member or you are buying Prime with 1-Click ordering. Please delete this item to continue.”

Binyamingavriel

For all those who had the same error message as I did stating that it was not available to purchase as I already have an account, I figured out that to buy I had to check off the box that says I’m getting it as a gift for someone.
Question I have is that the terms state, “the gift membership does not automatically renew and is not eligible for promotional offers.” What promotional offers are they talking about?

Sara

It did not ask if I wanted to convert my membership. It just gave me a gift card in the amount. Really annoyed

james

Dan- price in link is showing 139 for me, how is it that I have until 3/25?

MH

Tried this, Amazon didn’t verify most of the purchases & flagged my account for suspicious activity, then closed my account
Contacted them multiple times & keep responding that my account was closed due to suspicious activity. Won’t give me a refund for the remainder of my current subscription year

Dan

Try writing to jeff@amazon.com

Kristin

Well, apparently they changed the 3/25/22 deadline for existing Prime members to get it at $119. I’m trying to buy the gift of Prime today and it’s $139. 🙁 Guess I’ll go back to automatically renewing.

Kristin

Oops, now I see I misinterpreted the dates – 3/25 is the deadline for renewing at $119, not purchasing the gift of Prime. [face palm]

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