Oracle Universal Credits: prepaid annual credits for predictable OCI spend

Oracle’s Universal Credits page explains the annual prepaid credit model for OCI and how Multicloud Universal Credits fit in — product details. Universal Credits are an annual commitment model where you prepay a pool of credits that are debited as you use OCI services; credits can be applied to eligible services in any OCI region (subject to availability and exclusions such as certain sovereign clouds). Customers who buy Universal Credits can get discounted pricing and can change service usage and regions during the contract term.

Also, unused credits expire at contract end (minimum 12 months), and if you exceed your annual commitment Oracle will invoice excess usage monthly in arrears or let you purchase additional credits. Multicloud Universal Credits extend this model to support Oracle Database@AWS/Azure/Google Cloud and OCI.