Are you a young person with commitment issues?
Same.
Amazon understands, too. Last week, the online shopping giant announced a new monthly offer for college students: $5.49 a month for Prime Student.
Yes, you’ll still get your first six months of Prime Student for free. That’s always been a thing and hasn’t changed.
But after that, you can opt out of the $49 annual fee and choose to pay $5.49 a month. No more annual commitment or yearly lump fees
Heck, that’s cheaper than Netflix.
To take advantage of Prime Student, you’ll need to attend a two- or four-year college and provide your .edu email address.
(Note: You’ll actually save $16.88 if you just pay the annual fee. But not everyone can afford that, especially students.)
Is Prime Student Worth $5.49 a Month?
If you don’t buy stuff on Amazon, then, no, it’s probably not worth it. But if you’re a big fan of immediate gratification — say, a package appearing at your apartment within 48 hours of clicking “submit order” — then it could be.
Plus, you might even be able to cancel other subscriptions. (Think: Netflix, Spotify, Pandora, etc.)
Let me explain.
Here’s what you’ll get with Prime Student:
- Unlimited free two-day shipping on more than 50 million items. That includes textbooks, electronics — even last-minute Halloween costumes.
- Prime free one-day and same-day shipping options in more than 5,000 cities.
- Prime Video, which includes hits such as “Good Girls Revolt” (a personal favorite), “Boardwalk Empire,” “Girls,” “Downton Abbey” and “Curb Your Enthusiasm.”
- Twitch Prime, which gets you pre-release boxed games and free in-game loot, for example.
- Prime Music, an ad-free service. It’s like Pandora or Spotify.
- Prime Photos, which will probably come in handy when you get that “Storage Almost Full!” alert on your phone. You guessed it: Prime Photos offers unlimited storage for photos.
- Prime Reading, which offers free access to a rotating selection of electronic and audio books and magazines.
- Early-bird “Lightning Deals,” which lets you save money before anyone else.
How to Save Even More on Your Amazon Purchases
Those early-bird deals are great and all, but there are so many ways to save even more money on your Amazon purchases.
In fact, if you know what you’re doing, you could even pay off your monthly subscription fee by earning cash back with Ibotta.
First, download the app. Then search for cash-back offers on Amazon. Right now you can earn 3% back on home and kitchen supplies, 4% back on groceries and 3% back on fashion.
Once you score your first rebate, you’ll get a $10 bonus.
Offers are always changing, and I can tell you it can add up quickly. I started snagging cash-back offers in May, and, to date, I’ve earned almost $85, which would more-than pay for that subscription.
Carson Kohler (@CarsonKohler) is a junior writer at The Penny Hoarder. She loves the power her old .edu email address possesses.
This was originally published on The Penny Hoarder, one of the largest personal finance websites. We help millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. In 2016, Inc. 500 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S.
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