Microsoft is launching a cheaper ‘Personal’ Office 365 subscription today that will give you access to the cloud services and mobile apps for $69/year or $6.99/month opposed to the $99/year Home subscription. The new Personal subscription only provides access for one Mac (or PC) and iPad (or tablet) instead of the 5 PC or Macs and 5 tablets you get with a Home subscription.

You might want to hold off on the new subscription, however, as Amazon is currently selling the full Home subscription for just $63 (37% off). That’s cheaper than the new $69 Personal plan, but it’s possible Microsoft could soon end that discount and change prices on Amazon now that the new Personal subscription is launching.

The Office 365 subscription gives you access to full editing features in Microsoft’s recently released suite of Office apps for iPad, but also access to desktop and online versions of Microsoft’s Office apps, 7GB of cloud storage, and 60 minutes of Skype credit a month.