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3 months bonus time offer ends 10/15 [Oct. 13th, 2005|10:05 am]
Paid Members

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[ryanfitz]
The three months of bonus paid time offer that we announced with the launch of automatic payments ends this Saturday, October 15, 2005 at 11:59 pm Pacific. Anyone with active paid account status on 8/14/05 (the date of the original announcement) is eligible to receive three months of bonus paid time when you switch your account to automatic payments and select the 12-month billing cycle. Read the fine print.

By the way, our auto-magical new system will take into account your remaining paid time and prorate your charges. For example, if you have six months of remaining paid time and you sign up for automatic payments on a 12-month billing cycle, then you’ll have a total of 15 months of paid time and only be charged $9.98 (half of $19.95). Automatic payments can only be setup using a credit or debit card.

Update: For those of you who have taken advantage of this promotion, you can visit the paid account manage page to see when your 3 months of bonus time will apply. Your "next bill amount" may show a non-zero amount but instead of a charge the promotion time will be applied. At the end of the 3 month promotion time your regular billing cycle will resume.
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Comments:
[User Picture]From: ascendingflame
2005-10-13 08:50 pm (UTC)
12 months minus 3 months bonus minus 1 month that I've got left if I renew my payment now = 8 months.

So what you're saying is that this would apply after the first year?

I calculated that according to the calculation in this post. I don't quite get what will happen to the one month that I've already paid for and when the additional 3 months will be taken into account.

So, will what those 4 months are worth be deducted from my second payment in October 2006?

I'm even more confused now than I was before...
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[User Picture]From: kimothy
2005-10-13 09:10 pm (UTC)
Again...

If you sign up for auto pay and renew right now, you'll be billed for 11 months of paid time and your account expiration date would be 10-13-06.

This takes into account the one month you have already paid for.

If your account status was paid on 8-14-05, you would get your bonus three months after your first recurring payment is made in October, 2006.

At that time, you will get your bonus three months, making your second auto payment due in December, 2007.

The three months are bonus time. They won't be coming out of your payments. They will simply be added onto your paid account at the appropriate time.

If you cancel your auto-payment within the first year, before the first recurring payment has come out, you forfeit the bonus three months. Basically, LJ wants to make sure you stand up to your commitment of the year before ponying up the free time.
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[User Picture]From: kimothy
2005-10-13 09:25 pm (UTC)
Right. If you sign up for autopay now, you would be billed for 11 months... $18.29 is about right. Your payment next year would be good for 15 months. You get the bonus months after your October payment next year goes through.

There's an area in your account management where you can change credit card info or cancel autopay if you need to.

Yes, your second recurring payment would be in January 2008.
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[User Picture]From: ascendingflame
2005-10-13 09:33 pm (UTC)
Okay, thanks a lot for the help (and your patience :D). Dealing with finances totally freaks me out. But I've got it all clear now. :)
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[User Picture]From: kimothy
2005-10-13 09:35 pm (UTC)
You're welcome. Glad to help. :)
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[User Picture]From: kimothy
2005-10-13 09:21 pm (UTC)
I apologize... December 2007 should be January 2008.
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[User Picture]From: ascendingflame
2005-10-13 09:21 pm (UTC)
Woah, okay, let me check if I've got it right now... I'd be charged 18.29 for the first year. And then in 2006 I'd be charged 19.95 and then the 3 months would be added so the next automatic payment would happen in January 2007?
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[User Picture]From: ascendingflame
2005-10-13 09:22 pm (UTC)
Right. 2008. Not 2007.
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