Why was my credit card charged $1?

When adding a payment card to your Namecheap account, you may see a pending charge of around $1 on your bank statement. To verify that the card is valid, our payment processor sends a request of this amount to the issuing bank. This request will be reversed immediately and you will not be charged.

The actual amount authorized will depend on the issuer bank, and can vary. For Visa, MasterCard, and American Express cards, the amount of $0 will be authorized first. If this action fails, a $1 authorization will be attempted. For all other cards, the system will attempt to authorize $1 right away.

Regardless of whether the authorization has been declined or not, the authorization request will be reversed right away. Please be aware that it may take 2-10 business days for the pending authorization to disappear from your bank statement. 
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