These are all perks of Prime - if you’re using them, of course.

You’re Not Using the Other Amazon Prime BenefitsĪmazon Prime members receive access to Prime Video, Prime Gaming, Prime Music and access to Kindle Owners’ Lending Library. However, if you rarely shop at Amazon or your spending habits have changed significantly, you’re not likely to be getting your money’s worth in keeping the membership. This is especially true of households that depend on the free two-day delivery or two-hour grocery delivery services. If you find most of your shopping purchases are made through Amazon, you may be less likely to cancel your membership. Take Our Poll: Would You Put All of Your Savings in an Apple Savings Account? You Rarely Shop At Amazon Members who cancel now would be able to pocket $139 in savings immediately on membership fees. While there is no confirmed statement or upcoming plans regarding another price hike on Prime, it is possible Amazon could increase prices again. The increase to $139 was a 15% increase over the previous price. The price increase for Prime membership plans went into effect on Feb. It’s Always Possible There May Be Another Hefty Price HikeĪt the beginning of 2022, the cost of Amazon Prime was $119 annually. Here are some of the reasons why you should cancel Amazon Prime. If you have had Amazon Prime for an extended period of time, there may be a few benefits to canceling your subscription. While there is still the opportunity to receive a free trial of Prime, those who sign up are automatically charged for the next membership period after their trial period ends.

Learn More: How To Build Your Savings From ScratchĬurrently, an Amazon Prime membership fee is $14.99 a month or $139 per year. These Are the World’s Highest-Paid Celebrities: See How Much They Make Increasingly, more people are being advised to cancel one of their streaming services such as Amazon Prime.

It’s not uncommon to receive advice about cord-cutting if you need to save a little extra money in your budget.

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