Contents x
      Why was I charged $1 by Wasabi upon submitting a credit card?
      • 14 Dec 2023
      • 1 Minute to read
      • Print
      • PDF
      Contents

      Why was I charged $1 by Wasabi upon submitting a credit card?

      • Updated on 14 Dec 2023
      • 1 Minute to read
      • Print
      • PDF
      Article summary

      When a new credit card is added to a Wasabi account, a small temporary authorization hold ($1.00) is sent to verify that the card is valid and hasn’t been reported lost or stolen. Wasabi doesn't proceed with the charge and the charge should disappear within three to five business days. The actual charge (which is based on the amount of usage) for your Wasabi services will be applied at the end of your billing cycle (which is 30 days by default) after you submit the card. 

      This auth hold process is comparable to the approach used by AWS and other leading service providers. 

      What's Next
      Copyright © 2024 by Wasabi Technologies LLC
      75 Arlington Street, Suite 810, Boston, MA 02116 USA
      All Rights Reserved
      Visit us at https://wasabi.com.
      WASABI and the WASABI logo are trademarks of Wasabi Technologies LLC and may not be used without permission of Wasabi Technologies. All other names are used for identification purposes only and are trademarks or registered trademarks of their respective companies.

      Information presented herein is subject to change without notice. Companies, names, and data used in examples are fictitious unless otherwise noted. No part of this information may be reproduced or transmitted in any form by means electronic or mechanical, for any purpose, without express written permission of Wasabi Technologies.