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What's this really small charge on my statement?

After signing up for a Spotify trial or Premium subscription, you may see a small charge (0.01 or similar) on your bank or credit card statement. 

This is just an authorization charge to confirm the card is valid. It’s usually shown as a pending charge on your statement, but transactions can also appear as refunds. Some banks/companies may delete them from the account entirely before you even see it.