There are two different account types in Second Life that one can sign up for. The first basic account on a credit card is free, all other basic accounts put on that card are $9.95 (one time fee). Additional accounts also have a free 7-day trial during which the account can be cancelled. A basic account can enjoy the usual benefits of being a resident. However, they can not own land nor do they get a stipend. They do get a L$250 "sign up bonus" paid on first login.