Amazon ElastiCache console Reserved Nodes purchase interface displaying engine selector set to Valkey, instance family selector set to cache.r7g, term selector set to 1 year, payment option set to Partial Upfront, and a Reservation details panel showing the per-node upfront cost, hourly rate, and estimated annual savings compared to on-demand pricing

ElastiCache Reserved Nodes: Redis, Valkey and Memcached Pricing Guide

| | aws, ElastiCache
Every hour your ElastiCache cluster runs in on-demand mode, you are paying the highest possible rate for that node. Reserved nodes are the mechanism for cutting that rate by 30-55% in exchange ...