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The available purchase models are:
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.
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.
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.
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.
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.
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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.