Saving plans
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A flexible pricing model offering lower prices compared to On-Demand pricing, in exchange for a specific usage commitment (measured in $/hour) for a one- or three-year period
Compute saving plans
These plans automatically apply to EC2 instance usage regardless of instance family, size, AZ, region, OS or tenancy, and also apply to Fargate and Lambda usage.
You can change from C4 to M5 instances, shift a workload from EU (Ireland) to EU (London), or move a workload from EC2 to Fargate or Lambda at any time and automatically continue to pay the Savings Plans price.
EC2 Instance Savings Plans
provide the lowest prices, offering savings up to 72% in exchange for commitment to usage of individual instance families in a region (e.g. M5 usage in N. Virginia).
EC2 Instance Savings Plans give you the flexibility to change your usage between instances within a family in that region