November 28, 2017

Forever and a Penny: The Stamp Price Increase

We’ve heard a lot this year about the possibility of a higher stamp price, and even wrote about some of the implications and possible rationale behind this decision in our previous blog posts, The Stamp Price Power Play and A Penny For Your Postage?.

The price increase we’ve all been talking about will become a reality with next rate change that will take effect on Sunday, January 21, 2018. The price of a forever stamp will increase from 49 cents to 50 cents to bolster First-Class Mail, which has seen a dip in demand as opposed to the double-digit growth of the package business. So what does this mean? Although the price is going up a penny, there are still opportunities to save.

The USPS® has maintained the 3 cent postage meter discount, with a new meter rate of 47 cents to take effect on January 21, 2018. Those savings can add up and the benefits are numerous:
  • You’ll no longer need to waste time travelling to the Post Office and standing in line
  • Built-in scales mean you’ll never over- or under-pay for postage
  • Postage funds are safe in your meter; there’s no risk of loss or theft (like with physical stamp inventory)
 

Visit our postage meter page for more information and let us help find the right meter for you.

More Info

 

Comments

January 5, 2018 at 12:38 pm
diane
https://www.neopostusa.com/resources/rate-change-information/rate-change-support for more information. This is what you get when you use this link "The page you are requested is not existing or no longer available"
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January 5, 2018 at 12:50 pm
Bill
I'm sorry it did not work for you. I just tried it and it worked for me. Please try again. Maybe the site was down when you tried.
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December 21, 2017 at 10:12 am
Gail Johnson
We have a IS300 series meter will this automatically update?
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January 17, 2018 at 12:10 pm
Bill
It depends on your setup and whether or not you have rate change protection in your plan. There are a number of ways to find out.... Visit https://www.neopost.com/resources/rate-change-information/rate-change-support
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December 12, 2017 at 9:10 am
Carrie Shires
If we already have a meter will you be sending us a new change ribbon for the amount or will it automatically change?
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January 17, 2018 at 12:15 pm
Bill
It depends on your setup and whether or not you have rate change protection in your plan. There are a number of ways to find out.... Visit https://www.neopost.com/resources/rate-change-information/rate-change-support
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December 11, 2017 at 10:54 am
Sharon
We have the IS-330-350 in our office will this update automatically
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January 17, 2018 at 12:10 pm
Bill
It depends on your setup and whether or not you have rate change protection in your plan. There are a number of ways to find out.... Visit https://www.neopost.com/resources/rate-change-information/rate-change-support
Reply »
December 8, 2017 at 2:06 pm
jamie
thank you for the updated info
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December 8, 2017 at 1:41 pm
JF1017
They are also trying to make up for the shortfalls that have been increasing due to more people using e-mail. Sad to say, I find e-mail much more reliable than first class mail and have asked my suppliers to send invoices electronically.
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December 8, 2017 at 1:25 pm
Kathi Hawley
Thank you for all the great information! Will watch for the new chart in January.
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December 8, 2017 at 12:23 pm
Leslie
Thank you.
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December 8, 2017 at 7:11 am
Roger Gnadinger
Thank You for the info.
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December 7, 2017 at 2:58 pm
EverPest
What is the post office doing with all the money they make from the stamps, packaging, passports, etc? It seems that they are always asking for a rate increase.
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December 8, 2017 at 12:24 pm
Jeff Crandall
Salaries, benefits, fuel, vehicle maintenance, facility maintenance and rent, transportation, automation machine maintenance, supplies, Etc... Just like every other business.
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December 7, 2017 at 2:11 pm
Jacqueline Swan
If I already use a neopost meter how do I receive the updated postage card to update our meter?
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December 8, 2017 at 8:35 am
Bill
It depends on which meter you have and whether or not you have Rate Change protection on your account. Please visit https://www.neopostusa.com/resources/rate-change-information/rate-change-support for more information.
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December 7, 2017 at 12:30 pm
Ruth Miller
Could you sent the chart that shows all the new prices? We need to post it by our postage machine. Thanks!
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December 8, 2017 at 8:38 am
Bill
We will be releasing the new Rate Guide in January when the new rates become effective. If you've already downloaded the current version you will get an email announcing when the new version is available.
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December 7, 2017 at 12:11 pm
Robin Valente
Good afternoon. We have an IN-700 postage meter in our office. Will the rate automatically change on our postage meter? Or do WE have to make the change on it?? Thank you for your help!
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December 8, 2017 at 1:07 pm
Jennifer Bird
We have the same one and ours automatically updates.
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December 8, 2017 at 8:36 am
Bill
You can find information on individual meters here: https://www.neopostusa.com/resources/rate-change-information/rate-change-support
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December 7, 2017 at 11:49 am
Sharon Carder
This is an excellent message. It is clear, to the point, and informative. Thank you!
Reply »

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