RunPod Savings Plan Guide & FAQs

RunPod’s Savings Plan is a popular choice for users looking to lower their GPU usage costs by committing to a fixed rate for a specific GPU type and duration. However, there are common questions about billing, charges, refunds, and plan management. This article breaks it all down so you can make the most of your savings.

Understanding RunPod Savings Plans

A savings plan at RunPod is a commitment-based pricing model that allows users to receive discounted rates on GPU resources by agreeing to use them for a specific duration.

How the Savings Plan Works

Let’s break it down into simple terms:

• When you purchase a savings plan, it becomes linked immediately to:

  • The GPU type

  • The number of GPUs selected

  • The duration (days/weeks) chosen

• In return, RunPod reserves the GPU(s) for you for that duration at a discounted rate.

Important Notes:

• Savings Plans cannot be canceled, paused, or refunded.

• If you terminate your pod, you still won’t get a refund because the GPU was reserved specifically for your use.

• If you switch to a different GPU or add more GPUs, you will be charged extra for those additions because they’re not part of the original plan.

• Storage costs are not included in the plan—ensure your account balance covers this to avoid pod termination.

Billing Understanding

Users may notice charges in their billing explorer even after purchasing a savings plan. This is normal and serves two purposes:

• Shows storage costs, which are separate from the GPU savings plan
• Displays comparative pricing to demonstrate actual savings

Storage Costs Are Always Charged

Even with a Savings Plan, you're still responsible for paying for storage associated with your pods. The Savings Plan only covers the GPU rental cost, not storage.

Example:

If a GPU like the A6000 costs $500 per week without a plan, and your plan gives you the same GPU at $400 per week, you’ve already saved $100. You’ll just continue to pay a nominal daily storage charge, which is standard across all accounts.

Frequently Asked Questions

• Why am I still seeing daily charges after purchasing a savings plan?

  Billing Explorer Still Shows Charges – But You Aren’t Being Double-Charged. You're seeing two types of charges:

  1. Storage costs, which are always charged separately
  2. Comparative pricing showing your savings versus standard rates - Understanding the Billing Explorer Display:

It’s common to worry when you still see charges in the Billing Explorer after buying a plan. But here’s what you should know:

It's a Comparison View

• Without a savings plan: Your pod might cost $10/day.

• With a savings plan: You might only be paying $8.20/day.

We show the actual daily charges so you can calculate the total savings across your billing cycle.

This transparency allows you to monitor cost-effectiveness day-by-day.

• Can I cancel my savings plan?

  No, savings plans cannot be cancelled as they represent a commitment-based agreement with RunPod where GPU resources are specifically reserved for you.

• Is it possible to extend or pause my savings plan?

  No, savings plans cannot be extended or paused. It's recommended to carefully plan your usage period before purchasing.

• Are refunds available for savings plans?

  No, savings plans are non-refundable. However, if you experience technical issues from RunPod's end, compensation may be provided in the form of RunPod credits.

Example Scenario

If a pod normally costs $10/day ($300/month):

• With a savings plan, you might pay $250/month
• Billing explorer shows $8.20/day instead of $10/day
• This helps track actual savings over time

Additional Resources

For more detailed information, consult the official documentation: RunPod Savings Plans Documentation

Need Further Help?

If you believe you were incorrectly charged or have additional questions:

• 📧 Email us at help@runpod.io

• 📝 Or submit a support ticket via our RunPod Contact Form

We’re here to ensure your Savings Plan experience is seamless and cost-effective.