Quote:
Originally Posted by tubemonkey
I use Prime mainly for two things: Prime Visa and Prime Video. The other perks are incidental. The free no minimum shipping is nice, but not a necessity.
Prime Visa is what keeps me in Prime. I get at least 5% back on Amazon purchases and that pays for the yearly membership fee. If Amazon raises the membership fee and/or cuts that 5% to a point where the savings no longer pay for the membership, I'd seriously consider dropping Prime altogether.
Time will tell. As is, Amazon is getting worse, not better.
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Amazon Prime Visa is 2 percent above the regular Amazon Visa. You'd have to spend $7,000/yr to realize enough savings to make up for the membership fee (not counting the occasional higher cash-back offers). I for one don't spend anywhere near that at Amazon.
With a Walmart-branded credit card, I get 5 percent off Walmart purchases without paying any membership fee.
I canceled Prime today; after my membership ends in two weeks, I'll see what I miss and what I can happily do without. Amazon does have an option to pause Prime membership, apparently for an unlimited time, but I'm not sure what the point of that is, as you lose the perks while you're on pause.
I wish there was a "why are you canceling" option, as I would have liked to tell Amazon my reasons!