Types of Reserved Instances (offering classes) - Amazon Elastic Compute Cloud

Types of Reserved Instances (offering classes)

The offering class of a Reserved Instance is either Standard or Convertible. A Standard Reserved Instance provides a more significant discount than a Convertible Reserved Instance, but you can't exchange a Standard Reserved Instance. You can exchange Convertible Reserved Instances. You can modify Standard and Convertible Reserved Instances.

The configuration of a Reserved Instance comprises a single instance type, platform, scope, and tenancy over a term. If your computing needs change, you might be able to modify or exchange your Reserved Instance.

Differences between Standard and Convertible Reserved Instances

The following are the differences between Standard and Convertible Reserved Instances.

Standard Reserved Instance Convertible Reserved Instance
Modifying Reserved Instances Some attributes can be modified. For more information, see Modify Reserved Instances. Some attributes can be modified. For more information, see Modify Reserved Instances.
Exchanging Reserved Instances Can't be exchanged. Can be exchanged during the term for another Convertible Reserved Instance with new attributes, including instance family, instance type, platform, scope, or tenancy. For more information, see Exchange Convertible Reserved Instances.
Selling in the Reserved Instance Marketplace Can be sold in the Reserved Instance Marketplace. Can't be sold in the Reserved Instance Marketplace.
Buying in the Reserved Instance Marketplace Can be bought in the Reserved Instance Marketplace. Can't be bought in the Reserved Instance Marketplace.