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Frequently asked questions: Oracle Universal Credit pricing

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  • What are the available purchase models for Oracle Universal Credit pricing?

    The available purchase models are:

    • Pay As You Go
      Pay As You Go (PAYG) pricing lets customers quickly provision services with no commitment, and they’re only charged for what they use. There’s no upfront commitment and no minimum service period. Any cloud infrastructure (IaaS) and platform (PaaS) services consumed are metered and billed based on that consumption. If, during the services period of your order, Oracle makes new IaaS and PaaS services available within your cloud services account, Oracle will notify you of any fees that would apply to their activation and use. For more details, see our complete price list.
    • Annual Universal Credits
      Oracle Annual Universal Credits enables customers to have the flexibility to use any Oracle Cloud Infrastructure and platform services at any time, in any region, to deliver faster time to market. Customers can commit to an amount of Oracle Annual Universal Credits that can be applied towards the future usage of eligible Oracle IaaS and PaaS cloud services. This payment option offers a significant savings across cloud services, combining cost reduction and a predictable monthly spend with a ramp up period as you onboard your workloads.
  • What are the main differences between PAYG and Annual Universal Credits?

    Charges for all Pay As You Go usage will be billed monthly in arrears and are subject to the payment terms in your agreement. As soon as an account termination request is processed, we stop billing the customer and start terminating down resources. You will not be charged for any Oracle IaaS or PaaS cloud service that you do not activate within your cloud services account.

    Annual Universal Credits are billed in advance with a 12-month minimum and debited monthly based on your actual usage. Annual Universal Credits must be used within the applicable 12-month credit period.

  • What are the main benefits of Annual Universal Credits?

    • Predictability of spend
    • Flexibility of starting and stopping services based on the customer’s requirements, similar to an on-demand/pay-as-you-go model
    • Annual Universal Credits can be used on any IaaS or PaaS service, in any Oracle Cloud region.
  • What cloud services can customers use with the Oracle Universal Credit program?

    Under the program, customers have the flexibility to use any cloud infrastructure and platform services anytime, in any Oracle Cloud region. For more information, read the service description.

  • What is the minimum term for an Oracle Universal Credit agreement?

    A 12-month minimum with advance billing, debited monthly based on your actual usage. Annual credits must be used within the applicable 12-month credit period.

  • How are Oracle Universal Credits consumed?

    Customers consume their Universal Credits by creating services. The rate of consumption (burn-down) is specified in the price list. Oracle Universal Credits must be used during the service period and will expire at the end of that yearly credit period; any prepaid unused amounts are nonrefundable and are forfeited at that time.

  • When does the Oracle Universal Credit start date for usage/burn-down occur?

    The start date for metering Oracle Universal Credits is established when the account login information is sent to the customer. This is known as the activation email. Please review the service description.

  • How can I estimate my costs with Oracle Universal Credits and Oracle Bring Your Own License to PaaS programs?

    Plug your information into the Cost Estimator.

  • How will the legacy compute bursting capability work with Oracle Universal Credits?

    The legacy 2X compute bursting capability is made obsolete by Oracle Universal Credits, which is much more flexible and doesn’t impose the 2X limitation on bursting.