Amazon is offering monthly Prime subscriptions and a video-only package for the first time ever

The Amazon Prime is one of the best services the giant retailer has to offer. Not only does it offer free two-day shipping on Amazon purchases, but it includes additional perks such as access to plenty of music and video streaming catalog. You still have to pay $99 every year to enjoy these perks, which is a great value considering everything that’s included with Prime. However, Amazon is looking to make its Prime service even more attractive and affordable by changing the way it’ll charge you. Furthermore, Amazon’s Prime Video service will be available as a standalone product for the first time since its introduction, competing directly with Netflix.

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According to CNN Money, Amazon Prime, which was available only as a $99 annual subscription, will also be available as a monthly service. At $10.99 per month, the subscription includes all the Prime perks you’re used to. The yearly priced goes up to $131.88, so if you plan to use it for a full year, choosing the $99 annual subscription is the way to go. However, if you intend to use Amazon Prime for free shipping during the holiday season, the $10.99/month option will surely come in handy.

You can still sign up for a free trial of Amazon Prime right here on Amazon’s site.

If for some reason, you only want access to Amazon’s video collection, you’ll be able to become a Prime Video subscriber for just $8.99 per month. That sounds like a move from Amazon to better compete against Netflix, Hulu, HBO and other streaming platforms. That said, over the course of a year you’d end up paying $107.99, so an annual Amazon Prime subscription is still the better deal.

The company is already testing its monthly Prime offer with Sprint, where subscribers can add the Prime bundle to their wireless bill each month.