The credit limit is a negative personal account balance. The credit limit is the implementation of a postpaid usage model for Yandex.Cloud. In other words, this is the limit after which Yandex.Cloud can:
- Require that you settle your arrears before the reporting period.
- Suspend your use of resources.
When the credit limit is reached, a notification email is sent to your email address.
Depending on the payment method, the following actions are taken so that you settle your arrears:
- Bank card payment: An attempt is made to debit funds from your bank card.
- Payment by bank transfer: An invoice is sent to you that must be paid within three business days.
The credit limit amount and the total arrears when you are blocked may be different, since access to resources is not suspended immediately. This means the credit limit does not guarantee that the negative balance won't exceed the set limit.
Credit limit amount
The credit limit amount is calculated individually and depends on a combination of factors, including:
- Billing account type.
- Amount for resources consumed.
- Your financial standing.
You can find information about the credit limit amount in the management console.
Activating the credit limit
The credit limit is activated automatically after you switch to the paid version and the first reporting period ends.
Using the credit limit
The credit limit can only be used if you don't have a grant and your personal account balance is zero. If you use the credit limit, you go into arrears as your personal account balance falls below zero.
We recommend that you track spending on your personal account and top up the balance so that it is always positive. If your personal account balance exceeds the credit limit amount and you fail to pay your arrears before the deadline stipulated in the agreement, Yandex.Cloud reserves the right to change the status of your personal account to SUSPENDED. For more information, see the sections Billing cycle and Payment methods.