Savings plan

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A savings plan is a discount program. You commit to a specific amount of spending over a period to receive lower pay-as-you-go rates. After a savings plan takes effect, it offsets eligible pay-as-you-go bills at a discounted rate. This topic describes the discount rates, purchase method, and FAQ for the Tongyi Tingwu API savings plan.

Introduction to savings plans

The Tongyi Tingwu API savings plan is a discount program for the Tongyi Tingwu API. It can offset all pay-as-you-go items for the Tongyi Tingwu API, such as speech-to-text, translation, chapter highlights, summary, key point extraction, PPT extraction and summary, spoken to written language conversion, service quality inspection, and custom prompts.

By committing to a specific spending amount over a period, you can benefit from the Tongyi Tingwu savings plan. This can reduce your costs by 15% to 60% compared to standard pay-as-you-go pricing.

For more information, see the Alibaba Cloud Savings Plan documentation.

Purchase

You can click here to purchase a General-purpose savings plan. Enter your committed spending amount and complete the payment. The plan takes effect immediately.

  • Payment type: All upfront. You must pay the full amount at the time of purchase.

  • Subscription duration: 1 year. After the 1-year term expires, any unused commitment is not refunded.

Discount rates

After a savings plan takes effect, it offsets your pay-as-you-go bills at a discounted rate. The higher your committed spending, the greater the discount.

The savings plan discount rates are shown in the following table:

Committed spending amount

Discount

100 - 1,999.9

0.85

Over 1,999.9, up to 4,999.9

0.8

Over 4,999.9, up to 19,999.9

0.75

Over 19,999.9, up to 49,999.9

0.65

Over 49,999.9, up to 99,999.9

0.6

Over 99,999.9, up to 199,999.9

0.55

Over 199,999.9, up to 299,999.9

0.5

Over 299,999.9, up to 399,999.9

0.45

Over 399,999.9

0.4

FAQ

Q: Can I cancel my Tongyi Tingwu API savings plan after purchase?

A: Cancellations are not possible.

Q: Can I purchase multiple Tongyi Tingwu API savings plans? If the discount rates are different, how is billing calculated?

A: Yes, you can purchase multiple plans. The plans are applied according to the offset order. The plan that expires first is applied first. If multiple plans have the same expiration date, the one that was purchased first is applied first.