Dig out that stash of pennies, postage rates are going up June 30.
First class stamps are going up to 37 cents from the current 34 cents. Other increases will go into effect as well: postcards, 23 cents; priority mail, one pound, $3.85; express mail, one-half pound, next day and second day delivery, $13.65.
There will also be increases in certified mail; delivery confirmation for priority mail; insurance; return receipts; the cost of a post office box; express mail insurance; and money orders.
New non-denominational U.S. Flag and Antique Toys stamps, along with a three-cent "make-up rate" stamp are now available.
The reason for the higher rates is the mandate to the Postal Service to break even over time, according to a press release about the increase. It relies solely on the sale of postal products and services to cover operating costs.
Postal rate changes
First-Class Letter (1 oz.) - current: 34 - new: 37
Postcard - current: 21 - new: 23
Priority Mail (1 lb.) - current: $3.50 - new: $3.85
Express Mail (1/2 lb., next day/2nd day) - current: $12.45 - new: $13.65
Certified Mail - current: $2.10 - new: $2.30
Delivery Confirmation for Priority Mail - current: 40 - new: 45
Insurance: up to $50.00 - current: $1.10 - new: $1.30
Insurance: $50.01 to $100.00 - current: $2.00 - new: $2.20
Insurance: $100.01 to $5,000.00 - current: $2.00+ - new: $2.20+
Return Receipt - current: $1.50 - new: $1.75
Post Office Box (group 6/size 1 semi-annual fee) - current: $10.00 - new: $12.00
Express Mail Insurance fee changes: Insurance for the first $100 is free. From $100.01 to $5,000, there is a charge of $1.00 per $100 or fraction thereof.
Money Order maximum increased: Maximum increased from $700 to $1,000. Fee continues at 90 for money orders up to $500, but increased to $1.25 for money orders over $500.