Free Grub(hub) at Amazon

Welcome to The Money, where we break down financial news and provide the TL;DR version of how decisions by the Federal Reserve, government and companies impact you.

AmazonPrime members are getting a perk upgrade – courtesy of Grubhub.

If you are an Amazon Prime member, you now have Grubhub+ as part of your membership for free. Benefits of that special subscription tier of the delivery service – it usually costs $9.99 monthly – include no delivery fees on orders over $12, lower service fees, and 5% back on pickup orders.

To kick off the extended partnership, Amazon and Grubhub are giving Prime members $5 off a Grubhub delivery order over $25 with the code PRIME5 through Sunday, June 2. Amazon customers can now make Grubhub+ orders directly on Amazon.com and the Amazon Shopping app.

Need a student loan? Make sure to shop around

The federal parent PLUS loan interest rate will hit a more than three-decade high 9.08%, plus fees for the 2024-25 academic year.

“It’s worth taking a look at how private loan options compare for the remainder of your education financing needs, particularly if you are considering…PLUS loans,” said Brian Walsh, head of advice and planning at online bank SoFi.

In some cases, a private loan could save you tens of thousands of dollars over the life of a 10-year loan, student loan experts said.

It still costs $1.25, or more

Dollar Tree has acquired the leases of 170 99 Cents Only Stores and will reopen these stores with its own products as early as fall 2024, the company announced Wednesday.

But don't be confused. Nothing will be 99 cents or even a dollar at these stores. Dollar Tree raised its base price in 2021 to $1.25 and is now rolling out higher priced items up to $7.

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