What happens if I cancel my AWS Reserved Instances?
An example of an AI chatbot conversation about AWS Reserved Instances cancellation.
What happens if I cancel my AWS Reserved Instances?
If you cancel your AWS Reserved Instances, you will lose any remaining benefits associated with that reservation. However, you won't receive a refund for the unused portion.
Are there any fees for canceling my Reserved Instances?
No, there are no cancellation fees for AWS Reserved Instances, but you will not get a refund for the time remaining on your reservation.
Can I convert my Reserved Instances to another instance type?
Yes, you can modify your Reserved Instances to change the instance type, but this is subject to certain conditions and availability.
What should I consider before canceling my Reserved Instances?
Consider your current usage, future needs, and whether you might benefit from a different pricing model, like On-Demand or Savings Plans.
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