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Merge pull request #295917 from bandersmsft/reservation-exchange
MCM - Update reservation exchange and renew articles
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articles/cost-management-billing/reservations/exchange-and-refund-azure-reservations.md

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ms.service: cost-management-billing
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ms.subservice: reservations
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ms.topic: how-to
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ms.date: 01/22/2025
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ms.date: 03/06/2025
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ms.author: banders
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# customer intent: As a reservation purchaser, I want learn how to exchange or refund Azure reservations.
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You can exchange your reservation from the [Azure portal](https://portal.azure.com/#blade/Microsoft_Azure_Reservations/ReservationsBrowseBlade).
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1. Select the reservations that you want to refund and select **Exchange**.
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1. On the Reservations page, select the reservations that you want to refund and select **Exchange**.
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:::image type="content" border="true" source="./media/exchange-and-refund-azure-reservations/exchange-refund-return.png" lightbox="./media/exchange-and-refund-azure-reservations/exchange-refund-return.png" alt-text="Screenshot showing reservations to return.":::
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1. Select the VM product that you want to purchase and type a quantity. Make sure that the new purchase total is more than the return total. [Determine the right size before you purchase](/azure/virtual-machines/prepay-reserved-vm-instances#determine-the-right-vm-size-before-you-buy).
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:::image type="content" border="true" source="./media/exchange-and-refund-azure-reservations/exchange-refund-select-purchase.png" lightbox="./media/exchange-and-refund-azure-reservations/exchange-refund-select-purchase.png" alt-text="Screenshot showing the VM product to purchase with an exchange.":::
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articles/cost-management-billing/reservations/reservation-renew.md

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ms.service: cost-management-billing
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ms.subservice: reservations
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ms.topic: how-to
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ms.date: 12/06/2024
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ms.date: 03/06/2024
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ms.author: banders
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# customer intent: As a reservation purchaser, I want learn about renewing reservations so that I can decide to renew manually, automatically, or not at all.
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