The cost of an Amazon Prime membership will rise for new and current members in the coming weeks and months. An annual membership will go up $20 from $119 to $139 and the monthly fee will go up $2 from $12.99 to $14.99, the company said Thursday. For new members, the price change will go into effect Feb. 18. For current Prime members, the new price will apply after March 25 on the date of their next renewal. Jamil Ghani, Amazon Prime vice president, said in a statement, that the price of Prime is increasing with "the continued expansion of Prime member benefits as well as the rise in wages and transportation costs." #Amazon #amazonprime 🔗: Click the link in our bio to learn more about the price increase.