Audible is the largest audiobook subscription platform in the world. You can subscribe on a monthly basis and get one credit per month, or you can pay more to get more credits. If you want to get 12 credits all in one go, you can do that too. One of the big problems with Audible, which they did not advertise, is that credits expire after six months of not being used. Due to various lawsuits, Audible has revised their policy.
On April 1st, active members on any annual Audible plan can keep all credits for up to one year, now consistent with other plans. Any credits issued prior to April 1 will have an extended expiration of two years from the issue date.
Starting May 1st, active members will receive a personalized monthly credit summary via email. You’ll also be able to access your credit information any time in your full credit summary, found on your Account Details page. This will basically remind people to use their credits.
Audible still has the policy that all credits are void if you cancel your account. So if you have been sitting on a number of credits, waiting for a good audiobook to come out and are thinking of canceling, use the credits before you do. When you cancel your account, none of your audiobooks are lost. They can still be listened to in the Audible app until the end of time.
Michael Kozlowski is the Editor in Chief of Good e-Reader. He has been writing about audiobooks and e-readers for the past ten years. His articles have been picked up by major and local news sources and websites such as the CBC, CNET, Engadget, Huffington Post and the New York Times.