EC2 Reserved Instances
Reserved instancesΒΆ
- Up to 75% discount compared to On-demand
- Pay upfront for what you use with long term commitment
- Reservation period can be 1 or 3 years
- Reserve a specific instance type
- Recommended for steady state usage applications (like databases)
- Convertible Reserved Instances
- can change the [[EC2 instance type]]
- Up to 54% discount
- Scheduled Reserved Instances
- launch within time window you reserve