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Heya,
DigitalOcean does not automatically shut anything down when a credit balance hits zero. Your Droplet keeps running, and billing just switches over to whatever payment method is on file, you’d only see suspension after actual missed invoice payments, not from the credit itself expiring. So if you can’t cover the cost going forward, the thing to do before August 1 is destroy or downgrade the Droplet yourself rather than leaving it running and assuming it’ll stop on its own, it won’t.
Regards