Amazon Prime offers free two-day shipping on millions of Amazon items, no minimum order size, unlimited instant streaming of movies and TV shows, and a Kindle book to borrow every month for free. For $79 a year, it’s a pretty good offer. But the deal could get even better. That’s because a few Amazon users are now beginning to see a new pricing scheme for an Amazon Prime subscription. Instead of $79 per year, some Amazon customers are seeing a $7.99 monthly subscription pricing scheme that offers the same perks.

If the reports are true, then Amazon must be reconsidering its strategy in order to compete against Netflix and Hulu. In case you didn’t know, both Netflix and Hulu also has a $8 per month subscription plan of their own. The new pricing scheme is more expensive when combined annually, as it amounts to $95.88 per year all in all. So, if you’re not really for it, you might as well grab the $79 per year plan. It’s important to note that Amazon has yet to announce the new pricing scheme, assuming that the rumors are true. For now, let’s take it with a grain of salt.

Filed in Videos (web). Read more about Amazon.

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