Amazon will increase the price of Amazon Prime in September.
(Picture: AFP via Getty Images)Amazon has told customers that it will be increasing the price of an Amazon Prime membership.
From September 15, 2022, a monthly Prime membership will cost £8.99, up from £7.99, while an annual Prime membership will increase from £79 to £95.
In an email to customers, Amazon said: “We continue to focus on making Prime even more valuable for members. This is the first time we have changed the price of Prime in the UK since 2014.
“During this time, we have significantly increased the number of products available with unlimited, fast Prime delivery; added and expanded ultra-fast fresh grocery delivery; and added more high-quality digital entertainment, including TV, movies, music, games, and books.
“Prime Video, in particular, has increased the number of TV series and movies on offer, including Amazon Originals, as well as live sports coverage, such as the Premier League and Autumn Nations Series.”
Following the price increase, and amid the cost of living crisis, Amazon Prime customers may consider cancelling their memberships.
Find out below how you can cancel your Amazon Prime membership ahead of September’s price increase.
How to cancel Amazon Prime
To cancel your Amazon Prime membership, head to Amazon.co.uk and log into your account.
Head to “Your Account” and then click on “Prime.” Next, click “Manage membership,” and then “End membership.”
Amazon will let you know how many days left you have to use your Prime membership until your next billing cycle.
If you cancel ahead of the billing cycle, you will lose access to your Prime membership.
However, you can ask Amazon to notify you three days before your next billing cycle, if you’d like to use your benefits for as long as possible before cancelling.
Earlier this week Amazon said it had paid £648 million in tax last year after its revenue in the UK surged past £23 billion for the first time.
The retail giant said its direct tax bill increased by almost a third from £492 million in 2020.
Most of the tax increase was driven by the increase in UK workers, which swelled to cope with rising demand.
