OCI #1 – Cloud Account

This recipe shows how to create a new Oracle Cloud Account based on Universal Credits usage model.

Payment Models

The usage model based on Universal Credits applies to all IaaS and PaaS capabilities including Oracle Cloud Infrastructure. There are two payment models:

  • Pay as you Go – flexible; your credit card is charged every month only for the cloud resources you use.
  • Monthly Flex plan – cost-effective, because of the additional discounts that apply; you declare the estimated, monthly usage for at least one year; you are billed every month in advance and receive Universal Credits that can be spent on any IaaS and PaaS capabilities at discounted prices.

The best way to evaluate Oracle Cloud is to create a trial account first. Oracle Cloud trial let’s you use Oracle Cloud services for 30 days free of charge. In theory, there is a limit of $300 in Universal Credits that can be spent on any IaaS and PaaS resources, but it is rather difficult to use up all promotional credits, simply because the expensive services are additionally discounted during the trial.

A trial account can be upgraded to a standard, “Pay as you Go” account as soon as the trial period expires. To do so, you would need to click “Activate” button in “Account Management” page.

Create a Trial Account

  1. Go to http://cloud.oracle.com and click on Try for Free
  2. Click on Create a Free Account
  3. You will need to provide your company- or personal details and a mobile phone number that will be used to receive a verification code. Next, you need to provide the credit card details and agree to the terms and conditions.

  4. The provisioning of your cloud account will begin and you should soon receive a first e-mail. The e-mail will include a link to the Identity Cloud Service Console where you have to change your cloud root user password.

  5. The services will be gradually added to your account. You should now wait until you receive a second e-mail that announces the readiness of Oracle Cloud services.

  6. From now on, you should always be able to access your Cloud Account My Services dashboard directly using this link: