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Low income families can get a discount on their Amazon Prime service.

Some people say that there could be 50 million Americans that are able to get the Amazon Prime service at a cheaper price. The online retailer is offering over 50% savings on the Prime monthly and annual plan to low income households as well as people living in poverty provided they receive some form of government assistance and also use a Electronic Benefits Transfer Card (EBT).

Amazon will allow those who use government benefits to shop with them using their EBT card. This will help millions of families who rely on things like TANF, welfare, SNAP, Medicaid, or WIC. A household that is not currently receiving public assistance but may need it in the future can enroll at any time. There are also tips for how low income families can save money on Amazon. This, along with the discounted prime membership, can save you a lot of money.

Save over 50% on Amazon Prime

Amazon also offers a discounted Prime service for Medicaid recipients. For $5.99 per month, they will be able to subscribe. This is less than half the price you would typically pay for this item in a store. Amazon is looking at providing healthcare products to people who receive Medicaid. This would include over the counter prescriptions and other health care products.

The over 50% savings on Amazon Prime still provides the customer with all of the same features and benefits. They will be able to consume media such as videos, movies, and music. Amazon Prime Day is an annual event where Amazon Prime members can get huge discounts on items across the site. Members also get free 2-day or hour deliveries on orders, as well as low-cost food and groceries. There are over 20 features available on Prime that the low income family can get for $5.99 per month.

This means that you will save a lot of money. This deal is estimated to save a family $70 per year. This means that you are getting the item for half the price that it would normally cost. A low income household will also benefit from free shipping, video, TV on demand shows, and music streaming services from Prime. The Prime Pantry allows for grocery shopping, and there are many more benefits to using Prime. Amazon now offers a vast number of services and is constantly expanding Prime to include more features.

Amazon is hoping that people who are on Medicaid, SNAP Food Stamps or another government benefit will continue to use Prime even if their income increases. They want customers who will shop with them again in the future.

More competition

We think Amazon’s Low Income Assistance Program is great. Oftentimes, the retail environment is already quite competitive. Therefore, adding more competition by way of online retail stores might make it even more challenging for brick-and-mortar stores to stay afloat. This means that low income families will save even more money, whether they are on SNAP food stamps or some other benefit. We would expect Wal-Mart to offer more savings for people that use their online services. Other companies are likely to follow suit. Looking for ways to save money? Check out online deals.

The new pricing for Amazon Prime will probably cause other retailers like Wal-Mart to change their prices too, which will probably just keep going. This means that Amazon may offer even more discounts, which could result in more responses from companies. This is a cycle that will help keep prices low for families who have low incomes. This means that you can save a lot of money.

One risk of online competition is that people may spend more money online than they would otherwise. This is mostly because they are easy to understand and use. Consumerism is when people buy things in large quantities, even if they do not need them. If you use our list of tips and suggestions for saving money, it should not be a challenge for you.

If you are a low income family and rely on government assistance, you are at a higher risk. It may be tempting for households to spend extra money on “wants” instead of “needs” because Prime is so easy to use. If you rely on benefits or your paycheck to make ends meet, this is dangerous.

Amazon is allowing customers to shop without a debit or bank credit card on the $5.99 per month plan. The ability to get a loan without having a bank account or good credit score can be helpful for people who don’t have access to those things, but it can also lead to people buying more things than they can afford. If you are on public assistance, Amazon Prime might be a good option for you because you can get a discounted rate and save 50% or more.

If you are receiving public assistance such as SNAP food stamps or WIC, and if you are smart about your shopping, you can save about $70 per year. We recommend that disciplined shoppers explore the Amazon Prime discount program, as the benefits can outweigh the downside.

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