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If you are not already one of the 200 million Primer members, you may want to join sooner than later to avoid paying 17% more for Amazon Prime in 2022. But act fast: On February 18th, new members to Prime will have to pay $139 to join which is a price jump of $20 more than the current $119 annual membership.Current Prime members will be billed at the higher $139 per year rate after March 25th on their payment renewal date.

In addition, Amazon is also raising the price for its month-month which will increase by $2 per month to $14.99 per month, up from the current $12.99 per month price. At $14.99 per month, after March 2022, the new monthly rate works out to $179.88 making the new higher annual membership cost of $139 (which is paid in one lump sum annually) a savings of $40.88.

Slick Tip: How You Can Keep Paying $119 Per Year for Prime for Years

One of our savvy Slickdealers shared this tip on keeping your membership at $119 a year for at least a few more years: Give yourself “the gift of prime” and you can purchase a couple of years worth right now for $119.

Buy Amazon Prime for Just $119 (before March 25, 2022)

You can then apply your purchases each year to stay a member of Prime at the same $119 price well after the $20 price hike takes effect. For example, if your Prime membership expires this year on May 19th, you need to turn off your Prime auto-renewal and on March 19th or 20th, click on the email that was sent after your purchase to activate a new subscription.

Do It Again:Then, do the same thing again next year. While this Slick Tip and hack only saves $20, that can add up to $60 or more over a few years.

Amazon Users Will Stay Prime Members Even With a Price Hike

The past rumor of a 2022 price increase for Prime members came directly from a New York Times article that reported on the financial analysts tasked with following Amazon. According to these experts, 2022 will be the year customers in the United States see a new price for Prime with specifics of an exact date and new higher annual fee are currently unknown at the time. But, today we know the increase is confirmed and will start as soon as February 18 for people joining Prime for the first time.

(editor：)