> For the complete documentation index, see [llms.txt](https://docs.ionos.com/cloud/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.ionos.com/cloud/set-up-ionos-cloud/management/usage/cloud-savings-plans.md).

# Cloud Savings Plans

The Cloud Savings Plans offer optimized rates on resources for a specific usage amount over one or three years. This pricing model delivers significant cost reductions compared to the standard [<mark style="color:blue;">Pay-As-You-Go (PAYG)</mark>](https://docs.ionos.com/cloud/support/general-information/glossary-of-terms#pay-as-you-go-payg) pricing. It provides guaranteed optimized prices for a set usage and term, making them ideal for predictable and steady workloads.

The [<mark style="color:blue;">Cloud Savings Plans lifecycle</mark>](/cloud/set-up-ionos-cloud/management/usage/cloud-savings-plans/overview.md#cloud-savings-plans-lifecycle) guides you through the complete end-to-end workflow, from creation and validation to renewal. Specific [<mark style="color:blue;">use cases</mark>](/cloud/set-up-ionos-cloud/management/usage/cloud-savings-plans/use-cases.md) explain how the plans apply to your consumption, and the [<mark style="color:blue;">invoice</mark>](/cloud/set-up-ionos-cloud/management/usage/cloud-savings-plans/cloud-savings-plans-faq.md#invoice) provides information about transparent billing based on resource consumption.

{% hint style="info" %}
**Prerequisite:** You must be a contract owner to create and manage the Savings Plans in your contract.
{% endhint %}

## Product Overview

<table data-view="cards"><thead><tr><th></th><th></th><th data-hidden data-card-target data-type="content-ref"></th></tr></thead><tbody><tr><td><mark style="color:blue;"><strong>Cloud Savings Plans</strong></mark></td><td>Learn about the Cloud Savings Plans and its usage.</td><td><a href="/pages/ryrnOUQu90pEfALZ6Dnt">/pages/ryrnOUQu90pEfALZ6Dnt</a></td></tr></tbody></table>

## Quick Links

<table data-view="cards"><thead><tr><th></th><th></th><th data-hidden data-card-target data-type="content-ref"></th></tr></thead><tbody><tr><td><mark style="color:blue;"><strong>Use Cases</strong></mark></td><td>Learn how Cloud Savings Plans apply to various billing scenarios and workloads.</td><td><a href="/pages/F2iRoJlX0IjFFAH5ahRa">/pages/F2iRoJlX0IjFFAH5ahRa</a></td></tr><tr><td><mark style="color:blue;"><strong>How-Tos</strong></mark></td><td>Learn how to use the DCD to create and view the list of your Cloud Savings Plans.</td><td><a href="/pages/qE559u25OXHMcl77A9KP">/pages/qE559u25OXHMcl77A9KP</a></td></tr></tbody></table>

## Frequently Asked Questions (FAQ)

<table data-view="cards"><thead><tr><th></th><th></th><th data-hidden data-card-target data-type="content-ref"></th></tr></thead><tbody><tr><td><mark style="color:blue;"><strong>FAQ</strong></mark></td><td>Get answers to the most commonly encountered questions about the Cloud Savings Plans.</td><td><a href="/pages/iq8kbH871tsT1oMbT9Sx">/pages/iq8kbH871tsT1oMbT9Sx</a></td></tr></tbody></table>


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