Stamps Will Cost 3 Cents More Sunday

The cost of mailing post cards will also go up by one cent

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Andrew Harrer / Bloomberg via Getty Images

The cost of mailing a letter will increase by three cents Sunday, the largest increase in consumer postage prices in over a decade. Saturday is the last day stamps can be bought for 46 cents.

Mailing a post card will also cost one cent more than before from Sunday, bringing the price to 34 cents, CNN Money reports. The prices have increased in an effort to keep up with inflation and make up some of the United States Postal Service’s $5 billion in annual losses. Two billion fewer pieces of mail were sent in 2013 than during the year before.

Though the price hike can’t last longer than two years and can’t raise over $2.8 billion, CNN reports prices likely will not go down again. The United States Postal Service is also reportedly planning to appeal the limits and push for a one-cent increase in price in 2015 and 2016.

But there is a way around the increased costs; consumers have two days to stock up on “Forever” stamps that are always valid, no matter what price the consumer paid. “Forever” stamps now account for 84 percent of stamp sales in the U.S.

[CNN]

1 comments
Da'udMaud'dib
Da'udMaud'dib

Please Please Please stop perpetrating the lie that the USPS is losing money.  If left alone the Postal Serve, whose existence is mandated by the United States Constitution, would do just fine.  It is because of a Republican Congressional Mandate that it appears, appears that the USPS is losing money. It was in 2006 that the then republican controlled Congress passed the "Postal Accountability and Enhancement Act", which forces the Postal Service to fund its retiree health benefit obligations 75 years into the future.  Making it the only public or private institution mandated to do so.  Even with this mandate, which was enacted as a way to dismantle a public sector union, congress feels the need to continue to meddle in the department's internal affairs. Dictating which individual Post Offices can be closed and the particulars around the frequency of mail delivery.