Amazon EC2 Reserved Instances
Catalog row in Vendor License Programs · Cited
- Kind
- Commitment
- Term
- One year (31,536,000 seconds) or three years (94,608,000 seconds); no automatic renewal.
- Aliases
- RI; Standard RI; Convertible RI
- Definition
- Amazon EC2 User Guide: "Reserved Instances are not physical instances, but rather a billing discount applied to the use of On-Demand Instances in your account."
- Commercial rules
- Price determined by instance type, Region, tenancy and platform (operating system). Offering classes: Standard (can be modified and sold on the RI Marketplace, not exchanged) and Convertible (can be exchanged, not sold). Payment All, Partial or No Upfront. Cannot be cancelled. AWS recommends Savings Plans over Reserved Instances. Windows or RHEL license fee increases may be passed through to the hourly rate (Service Terms 5.4.1).
- Applies to
- Amazon EC2 instances, including Dedicated Reserved Instances.
- Related metrics