Pro-rata billing refers to being charged or receiving part or proportion of a fee or benefit on your bill. When you sign up for a product that uses Pro-rata billing you will be assigned to one of our standard billing cycles. When you receive your first invoice you'll see that it will be calculated based on the number of days between your sign-up date and the date of this billing cycle (inclusive). This is commonly known as a pro-rata amount. Future invoices will show the full standard monthly amount, unless you make further changes to your account.
Prorated items are usually billed on the first of the month. If your purchase falls before the 21st day then your first bill will be calculated for the remainder of the month. If your purchase is on the 21st or after then your first bill will be calculated for the remainder of the month and the next additional month.
- billing, pro-rata
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