Partially correct. If you have a credit/debit card on file (as the OP mentioned), you have the option to use that for the 10 cents a minute if you go over.
It was posted in another thread that someone had a card on file and when their minutes were used their plan was suspended. I think you have to actually have your account topped-up for them to take the 10 cents.
I personally have never has less than 100 minutes at the end of a month.
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