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Copy file name to clipboardExpand all lines: articles/cost-management-billing/savings-plan/reservation-trade-in.md
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@@ -29,13 +29,15 @@ Apart from [Azure Virtual Machines](https://azure.microsoft.com/pricing/details/
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> You may [trade-in](reservation-trade-in.md) your Azure compute reservations for a savings plan or may continue to use and purchase reservations for those predictable, stable workloads where the specific configuration need is known. For more information, see [Self-service exchanges and refunds for Azure Reservations](../reservations/exchange-and-refund-azure-reservations.md).
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Although compute reservation exchanges become unavailable at the end of the grace period, noncompute reservation exchanges are unchanged. You're able to continue to trade-in reservations for saving plans.
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Although compute reservation exchanges become unavailable at the end of the grace period, noncompute reservation exchanges are unchanged. You're able to continue to trade-in reservations for saving plans. To trade-in reservation(s) for a savings plan, you must meet the following criteria:
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- You must have owner access on the Reservation Order to trade in an existing reservation. You can [Add or change users who can manage a savings plan](manage-savings-plan.md#who-can-manage-a-savings-plan).
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-To trade-in a reservation for a savings plan, you must have Azure RBAC Owner permission on the subscription you plan to use to purchase a savings plan.
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-You must have the Savings plan purchaser role, or Owner permission on the subscription you plan to use to purchase the savings plan.
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- EA Admin write permission or Billing profile contributor and higher, which are Cost Management + Billing permissions, are supported only for direct Savings plan purchases. They can't be used for savings plans purchases as a part of a reservation trade-in.
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- The new savings plan's lifetime commitment should equal or be greater than the returned reservation's remaining commitment. Example: for a three-year reservation that's $100 per month and exchanged after the 18th payment, the new savings plan's lifetime commitment should be $1,800 or more (paid monthly or upfront).
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- Microsoft isn't currently charging early termination fees for reservation trade ins. We might charge the fees made in the future. We currently don't have a date for enabling the fee.
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The new savings plan's lifetime commitment must equal or be greater than the returned reservation(s)'s remaining commitment. Example: for a three-year reservation that's $100 per month and exchanged after the 18th payment, the new savings plan's lifetime commitment should be $1,800 or more (paid monthly or upfront).
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Microsoft isn't currently charging early termination fees for reservation trade ins. We might charge the fees made in the future. We currently don't have a date for enabling the fee.
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