What are AWS Savings Plans and how do I know if I'm eligible?
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What are AWS Savings Plans and how do I know if I'm eligible?
AWS Savings Plans are flexible pricing models that offer significant savings on your AWS usage. To determine your eligibility, you need to have an active AWS account and usage patterns that align with the Savings Plans.
What types of Savings Plans are available?
There are two main types of AWS Savings Plans: Compute Savings Plans and EC2 Instance Savings Plans. Compute Savings Plans provide the most flexibility, while EC2 Instance Savings Plans offer the highest savings for specific instance types.
How do I calculate my potential savings?
You can use the AWS Pricing Calculator to estimate your potential savings based on your current usage and the type of Savings Plan you choose.
Are there any commitments involved?
Yes, Savings Plans require a commitment to a specific amount of usage for a one or three-year term, which is how you receive the discounted rates.
Can I change my Savings Plan after purchasing?
Once purchased, Savings Plans cannot be changed, but you can purchase additional plans if your usage needs change.
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