Amazon announced on 4/26 that it would increase the price of its Amazon Prime subscription from $99 per year to $119 per year. The change goes into effect on May 11, 2018 for new customers and June 16 for those who already subscribe to Amazon Prime.

amazon 052016 icangwp spring luxury beauty box in the box
This post may contain affiliate links. Read the full disclosure.

If your subscription is set to auto-renew before June 16, you’ll be able to take advantage of the $99 pricing for one more year. If, however, your auto-renewal date is set to after June 16, you’ll need to drop $119.

Today’s Lightning Deals here. See all Goldbox deal of the day hereToday’s Deals Live with hosts.

You can try free 30-day Amazon Prime trial. Amazon offers $10.99/month Amazon Prime. Prime exclusive: Amazon.com/sample-boxes.

That’s a 20% more money. Is it worth it?

How to get around? According to Fortune: He suggested you buy an Amazon Prime gift subscription now for the price of $99. When it’s time to renew your Prime subscription, simply redeem the gift card and take advantage of the lower price. That said, you’ll need to cancel your subscription ahead of the renewal so you can take advantage of the deal.

Fortune has reached out to Amazon to find out whether the gift card trick will be allowed. We’ll update this story when we learn more.

IcanGWP contains affiliate links. Purchasing through these links help support the site and make it possible for IcanGWP to bring you all these sweet offers. Thanks!