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When you create a AWS account, you can test-drive some of the services within certain usage limits at no charge. AWS calls this the AWS Free Tier. The free tier is designed to enable you to get hands-on experience with AWS at no charge.
Your AWS account receives the benefits of the free tier automatically, for 12 months after you sign up for AWS. If you exceed the usage limits of the free tier or use a service that does not provide free tier benefits, you are charged the standard rates.
Note that if you don't use the full benefits provided by the free tier, they don't roll over to the next month; this is a use-it-or-lose-it model. To maximize your benefit from the free tier, be sure to spend time with AWS each month, investigating the services that you're curious about. For example, you can try the tutorials at What Should I Try First? to complete some common tasks that are covered by the free tier: storing files, running a virtual server, and deploying an application.
If you signed up for AWS more than 12 months ago, you are charged the standard rates for your AWS usage.