What Are the Terms for the 12 Free Months of Hosting Promotion?

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Hello. I've stumbled upon an offer, saying that you will host and register a domain for free, for 12 months.
http://wpbusinesstips.com/get-free-year-hosting-web-hosting-hub/
What happens if i don't want to continue our agreement after these 12 months? Will my credit card still be charged after this period? What and when do I have to do, in case i don't want to keep using your services? Could you also, please, keep it in simple English? I'm not familiar with all the terms. Thank you!
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JeffMa
Hello, Thanks for your question about the terms of the promotion you are interested in. If an offer is available for 12 months free hosting, your credit card on file will be charged at the end of the 12 months. You may, of course, cancel at any time. For further information on any available offers, you may contact our sales team in which they will be happy to assist you. Best regards, JeffMa