If you just register with this scam do what I did and save your money: Freeze or Cancel your credit/debit card. It might not be too late as it takes a while for the money to leave your account. Call your bank before you call reelhd.com to complain. Tell your bank to not allow any payments towards this company. You might need to change your credit card altogether or else they might keep charging you anyway. That's what I did for a peace of mind.
Unfortunately they somehow managed to withdraw the money anyway even after I had cancelled my Debit Card. The bank compensated me though and they are going to look into this since it now became the bank's issue. My bank reassured me that there will be no more payments towards this company.
What happened:
I went on the website putlocker.bz to watch a movie. Clicking on the option to watch the movie in HD gave me a message that I needed to register for a free account first. I accepted. Instead of starting an account with putlocker.bz I registered with reelhd.com. Apparently putlocker.bz is affiliated and receives payments for any victims they send to reelhd.com.
I thought that it was a good deal to register for $2.95 per month. Once I got in the "Premium Account" though I saw that the movie was not available. I thought that there was something wrong with their search in the beginning because they didn't have any movies that are worth watching. Only some old and forgotten movies that I doubt if anyone ever watches.