Amazon Is Raising Its Price For Prime Members $$$

Starting next month, Amazon Prime members will have to dish out a bit more $$ to keep enjoying their perks. 

Amazon is raising the price of its annual Prime membership fee by 20.

The company says Prime members in the U.S. will now pay $119 a year, up from $99, starting May 11 for new members.

The new price will apply to renewals of existing members starting on June 16.

Earlier this year, it increased the monthly rate to $12.99 a month from $10.99.

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