No, that's monthly. When you first sign up, they charge you 10.5k sats for each of the first 3 months. Starting on your 4th month, the fee goes up to 21k sats per month. I used Alby for 2 months, but decided I wasn't transacting enough volume to justify the coming fee increase. If it stayed at 10.5k sats, I'd probably still be an Alby user, but I just couldn't justify 21k sats per month.