# Flat Rate

Flat Rate is the simplest billing method: you select a bandwidth cap in Mbps and pay a fixed monthly price for it. Traffic is clamped at the cap with no bursting above it.

For a detailed guide on how Flat Rate billing works, when to use it, and how it compares to other billing methods, see the [Flat Rate Billing](/welcome/elastic-compute/networking/01-overview/04-flat-rate.md) documentation.


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