Usually, when I receive an email like this, the amount is equal to the monthly bill of the instances I have active at the moment.
Maybe a bug in their billing software or something...
You are not being "charged" per se. The amount is transferred to your account and is there as credit until you spend it.
Sorry for nitpicking, but it is important point.
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.
I've never been charged on vultr, as I use bitcoin to always pay my bills (which is push only). I think they have stopped accepting that for new customers due to abuse though, which is quite a shame (but understandable).
That said, it is an odd message to send out, and I had my concerns when I first received a similar email. Maybe it's something they should look into altering.
----- Dear Vultr Customer,
Including pending charges, your account is carrying a $5.94 balance.
In order to cover your current balance and your estimated monthly costs, our billing system will automatically deposit $275.00 from your payment method on file in 24 hours.