I might order hosting from IX Web Hosting. I wanna get their yearly package, but I don't want to get charged $50 a year AND pay $4.95 a month. If I ordered it on 2/2/14, will I be charge $50 again on 2/2/15 or would it stay $4.95?
If you used a discount voucher this will not normally apply again next year, and you will be billed yearly but at the normal rate. This has always been my experience with other hosts. I just looked at their prices and can't find the price plan you mention, maybe it was a promotion of some kind.
I would make sure the "was" price on their site is not what it renews at. That's generally how it works. Just pop into their live chat to ask.
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I would check with them directly and see exactly what price you will be charged and when you will be charged. It sounds like if your going to be paying yearly that will be for the entire year, but you always have to be prepared when it comes time to renew prices might be different so you should be prepared for that.
If you select the yearly billing cycle, you won't have to pay monthly. But your account will most likely renew without the discounts next year unless it's a lifetime coupon or do their packages just cost $50/year normally?