The Azure savings plan for compute was launched in October 2022 and it aims at providing savings on consistent spend, across different compute services, regardless of region. With savings plan’s automatic flexibility, we updated our reservations exchange policy. While instance size flexibility for VMs remains post-grace period, exchanges of instance series or regions for Azure Virtual Machine, Azure Dedicated Host and Azure App Service reservations will no longer be supported.

You can continue exchanging your compute reservations for different instance series and regions until we notify you again, which will be at least six months in advance. In addition, any compute reservations purchased during this extended grace period will retain the right to one more exchange after the grace period ends. The extended grace period allows you to better assess your cost savings commitment needs and plan effectively.