Sprint has announced a new deal that its subscribers are bound to enjoy. Now, anyone with the carrier will be able to subscribe to Amazon Prime for the low cost of $10.99 a month.

Yes that's right, new and existing Sprint users have to pay just $10.99 per month to access movies and TV episodes, as well as music, Kindle ebooks, unlimited photo storage, Lightning Deals and free two-day shipping.

"With this monthly add-on, Sprint customers will have great flexibility and will have the opportunity to easily access Amazon's full entertainment package on America's fastest LTE network," Sprint CEO Marcelo Claure said in a statement.

To get started, just go online, call 1-800-Sprint1, or visit a Sprint store in person to sign up. Afterwards all you have to do is wait for a text with the activation link to complete registration. Once that's taken care of, you can enjoy everything that Amazon Prime has to offer, but with Sprint instead.

A deal like this seems to be good to be true, however, and it kind of is. Sprint's Bundle, if maintained for a full 12 months, will run you $131.88, as opposed to Amazon's native Prime Service which only costs $99 per year. This begs the question of why anyone would be willing to pay more for this service when Amazon charges less.

A spokeswoman said the reason for this is flexibility. Whereas subscribing to Amazon Prime via Amazon locks you into the service for the entire year, Sprint offers the service on a monthly basis, which means that a subscriber can use it for any period of time before opting out.

"For example...say, you're going on Spring Break and need to keep the kids entertained," a Sprint spokeswoman said. "You can easily sign up for the month, watch all of your shows and then cancel when you return - or, you can send all the books and gifts you want for one month and the next month, you might not need this perk."

So yes, this is quite a bargain if you only intend to use Sprint's bundle for a few months, otherwise you're better off getting the service directly from Amazon.