Which statement best describes EC2 Instance Savings Plans?

• A. EC2 Instance Savings Plans
• B. Compute Savings Plans
• C. Global Savings Plans
• D. Proximity Savings Plans

Answer: (A)

Savings Plans let you commit to a portion of your AWS usage in exchange for a lower rate. EC2 Instance Savings Plans are one of these plans and are specifically tied to a single EC2 instance family within a region. That means if you consistently run instances from a particular family (and in one region), you can commit to that family and region and receive a discounted price, while still being able to change instance sizes within that same family without losing the discount. They don’t apply to other families or to other AWS compute services. For broader coverage across EC2, Fargate, and Lambda, you’d look at Compute Savings Plans. The official label for this type of plan is EC2 Instance Savings Plans, which is why that option best describes it.