“Amazon, an American multinational e-commerce giant, offers a range of products and services, including the popular Amazon Prime subscription service, which provides various benefits for a monthly or annual fee.
Some users, however, have reported finding an unfamiliar charge labeled ‘Amazon Prime PMTS’ on their bank statements, even when they haven’t subscribed to any services. If you’ve encountered this issue, you’re in the right place. In this guide, I’ll explain what the ‘Amazon Prime PMTS’ charge is and provide steps to prevent it in the future.”
What Is Amazon Prime PMTS?
“The term ‘PMTS’ stands for ‘Payments.’ When you see the charge ‘Amazon Prime PMTS’ on your bank statement, it indicates that you are being billed for an Amazon Prime Membership. This is a standard practice, as Amazon charges users for the various products and services they utilize. Whether it’s a monthly or annual fee, the ‘Prime’ reference in the bank statement corresponds to the Prime Membership you have subscribed to.
Upon subscribing to Amazon Prime, users agree to the terms and conditions, including recurring payments. Even during a free trial period, if the subscription is not canceled before the designated date, the predetermined amount for the month or year (based on the user’s choice) will be charged. This charge is reflected in the bank statement as ‘Amazon Prime PMTS.’
It’s worth noting that in 2022, Amazon was charging $12.99 per month and $119 per year for Amazon Prime. However, in 2023, the prices have increased. If you choose to subscribe, be aware that the subscription cost has gone up.
For the latest subscription plans, refer to the chart below:”
“User Type Monthly Annually
Regular $14.99 $139.00
Students $7.49 $69
Government assistance recipients $6.99 N/A
It’s important to note that the final amount may vary based on applicable taxes, but the base charges are outlined in the chart above.
Amazon continues to charge you regardless of whether you actively use the service, and these charges will be deducted from your credit or debit card on a monthly or annual basis, according to your chosen payment method.
In addition to Amazon Prime, keep in mind that you might also incur charges for other Amazon subscriptions such as Audible, Amazon Music, Kindle, etc. If you’re being charged without having subscribed to Amazon Prime, it’s advisable to check if you’ve accepted other subscriptions and, if undesired, cancel them.”
How to Cancel Amazon Prime Membership?
“Now that you understand what Amazon Prime PMTS is, if you wish to discontinue the service, it’s advisable to cancel it promptly.
Upon cancellation, you will still have access to the service until the current billing cycle concludes, following which your account will revert to a regular status.
Canceling Amazon Prime is a straightforward process. You can reach out to Amazon customer service, where they will request a few account details to verify your identity and process your cancellation request. Additionally, you may contact your bank, confirm your identity by providing necessary details, and request them to block payments for that specific service.
Alternatively, you can cancel Amazon Prime Membership through both the app and website. Below are the steps for both methods to assist you.”
On App:
“If you use the Amazon app to access its services and wish to cancel your Amazon Prime Membership through it, follow these steps:
- Open the Amazon app on your Android or iOS device and ensure you are logged in to your account.
- Locate and tap the three lines at the bottom right side of your screen.
- Tap on ‘Accounts’ at the bottom right.
- In your Amazon account, open the ‘Account Settings’ menu and click on ‘Manage Prime Membership.’
- Click on the ‘Manage Membership’ drop-down menu.
- You will see various options; click on ‘Update, cancel, and more.’
- Finally, click ‘End Membership’ and confirm your request to terminate your Amazon Prime subscription.”
On Website:
“Cancelling your Amazon Prime Membership through its website involves the following steps:
- On any browser, visit https://www.amazon.com and sign in to your account using your credentials.
- After logging in, go to the ‘Account & Lists’ drop-down menu at the top-right corner.
- Below the ‘Memberships & Subscriptions’ menu, you will find the ‘Prime Membership’ option; click on it.
- On the next screen, click on the ‘Update, Cancel, and More’ option under ‘Manage Membership.’
- Now, click ‘End Membership,’ and it may ask for confirmation; proceed to officially end your Amazon Prime Membership.”
FAQs
Will Amazon charge me if I cancel the Prime Membership?
According to Amazon’s terms, if you cancel the Prime Membership within three days of signing up for the account or converting from a free trial, the entire amount will be refunded.
Do Amazon Prime and Prime Video have two different charges?
Amazon Prime subscription does not include Prime Video Channels, as their charges are separate. Prime Video Channels offer premium content from third-party networks, and you need to subscribe to them separately.
Why am I getting charged twice for Amazon Prime?
This issue may arise if you have subscribed to Amazon Prime on two accounts or if someone with full access to your account has initiated the subscription. In such cases, you can reach out to Amazon Customer Service to address and resolve the issue.
Conclusion
I hope this article has clarified the meaning of “Amazon Prime PMTS” and provided you with a method to prevent it in the future. If you have any further questions, feel free to ask in the comments below.