When you start a Loopcloud subscription, we will temporarily charge your account £1/$1/€1 just to check that your subscription can renew without any issues, before your subscription starts.
This £1/$1/€1 charge will then be cancelled immediately after your subscription has successfully started. The charge will stay in your 'pending transactions' before being returned to your bank account balance, and will never leave your bank account. This is called a '1 Dollar Authorisation'.
You must have at least £1/$1/€1 within the account of your chosen payment method to be able to start your free 14-day trial of Loopcloud.
If you have any further questions about this, please contact our Customer Care team and we will be more than happy to help!