- They are not a bank, so the money in your "account" with them is just an unsecured, general liability to you. If they go bust, they owe you money but you will never see it.
- If you want to withdraw that money from your "account" and they refuse, then your options are pretty limited.
Once they take it from your payment method, it becomes their money, not yours. That's a charge.
I am not disagreeing with what you say, but "charged" as it was used in the GP comment, it might have lead someone to believe that VULTR charge for usage per month.
timv|9 years ago
You are being _charged_
- This is a charge against your card
- They are not a bank, so the money in your "account" with them is just an unsecured, general liability to you. If they go bust, they owe you money but you will never see it.
- If you want to withdraw that money from your "account" and they refuse, then your options are pretty limited.
Once they take it from your payment method, it becomes their money, not yours. That's a charge.
kinkdr|9 years ago