What is the countdown in the My Forms dashboard for?

Is there a cost for the forms?

I made one late last night and when I returned, there is a timer that is counting don and has less than 11 hours on it... What is that?

That's the 50% off Welcome Discount. It means you only have 11 hours to avail it. That is available within 24 hours after you signed up for an account.

You'll only be charged if you upgrade to a paid plan, otherwise, it's free.