diff --git a/doc/api/graphql/reference/_index.md b/doc/api/graphql/reference/_index.md
index 4aefb70d19f546a53ab5d9ce075b294ede8de8f3..80fe1158642b1d7b42e874c09955252b71ef7027 100644
--- a/doc/api/graphql/reference/_index.md
+++ b/doc/api/graphql/reference/_index.md
@@ -30973,6 +30973,18 @@ Describes the subscription history of a given namespace.
 | <a id="gitlabsubscriptionhistoryseatsinuse"></a>`seatsInUse` | [`Int`](#int) | Seats being used in subscription. |
 | <a id="gitlabsubscriptionhistorystartdate"></a>`startDate` | [`Time`](#time) | Subscription start date. |
 
+### `GitlabSubscriptionOneTimeCredits`
+
+Describes the usage of one time credits for the subscription.
+
+#### Fields
+
+| Name | Type | Description |
+| ---- | ---- | ----------- |
+| <a id="gitlabsubscriptiononetimecreditscreditsused"></a>`creditsUsed` | [`Float`](#float) | GitLab Credits used from the one time credits allocation. |
+| <a id="gitlabsubscriptiononetimecreditstotalcredits"></a>`totalCredits` | [`Float`](#float) | Total of GitLab Credits allocated as one time credits. |
+| <a id="gitlabsubscriptiononetimecreditstotalcreditsremaining"></a>`totalCreditsRemaining` | [`Float`](#float) | Total of GitLab Credits remaining from the one time credits allocation. |
+
 ### `GitlabSubscriptionOverage`
 
 Describes the overage usage of consumables for the subscription.
@@ -31006,7 +31018,8 @@ Describes the usage of consumables under the subscription.
 | Name | Type | Description |
 | ---- | ---- | ----------- |
 | <a id="gitlabsubscriptionusageenddate"></a>`endDate` | [`ISO8601Date`](#iso8601date) | End date of the period covered by the usage data. |
-| <a id="gitlabsubscriptionusagelastupdated"></a>`lastUpdated` | [`ISO8601DateTime`](#iso8601datetime) | Date and time when the usage data was last updated. |
+| <a id="gitlabsubscriptionusagelasteventtransactionat"></a>`lastEventTransactionAt` | [`ISO8601DateTime`](#iso8601datetime) | Date and time when the last usage event resulted in a wallet transaction. |
+| <a id="gitlabsubscriptionusageonetimecredits"></a>`oneTimeCredits` | [`GitlabSubscriptionOneTimeCredits`](#gitlabsubscriptiononetimecredits) | One time credits usage for the subscription. |
 | <a id="gitlabsubscriptionusageoverage"></a>`overage` | [`GitlabSubscriptionOverage`](#gitlabsubscriptionoverage) | Overage statistics. |
 | <a id="gitlabsubscriptionusagepoolusage"></a>`poolUsage` | [`GitlabSubscriptionPoolUsage`](#gitlabsubscriptionpoolusage) | Consumption usage for the subscription shared pool. |
 | <a id="gitlabsubscriptionusagepurchasecreditspath"></a>`purchaseCreditsPath` | [`String`](#string) | URL to purchase GitLab Credits. |
@@ -31075,6 +31088,7 @@ Describes the usage of consumables by users under the subscription.
 
 | Name | Type | Description |
 | ---- | ---- | ----------- |
+| <a id="gitlabsubscriptionusageusersusagecreditsused"></a>`creditsUsed` | [`Float`](#float) | GitLab Credits used by consumers of the subscription. |
 | <a id="gitlabsubscriptionusageusersusagedailyusage"></a>`dailyUsage` | [`[GitlabSubscriptionDailyUsage!]`](#gitlabsubscriptiondailyusage) | Array of daily usage of GitLab Credits. |
 | <a id="gitlabsubscriptionusageusersusagetotalusersusingcredits"></a>`totalUsersUsingCredits` | [`Int`](#int) | Total number of users consuming GitLab Credits. |
 | <a id="gitlabsubscriptionusageusersusagetotalusersusingoverage"></a>`totalUsersUsingOverage` | [`Int`](#int) | Total number of users consuming overage. |
diff --git a/ee/app/assets/javascripts/usage_quotas/usage_billing/components/app.stories.js b/ee/app/assets/javascripts/usage_quotas/usage_billing/components/app.stories.js
index 18df9de83a2154469b47da1d5fabebd6cac1ed7c..4418b8505276fe2a2cdb5c3141f2bc38fba617ed 100644
--- a/ee/app/assets/javascripts/usage_quotas/usage_billing/components/app.stories.js
+++ b/ee/app/assets/javascripts/usage_quotas/usage_billing/components/app.stories.js
@@ -12,6 +12,7 @@ import {
   usageDataNoPoolNoOverage,
   usageDataNoPoolWithOverage,
   usageDataWithPoolWithOverage,
+  usageDataWithOtcCredits,
 } from 'ee_jest/usage_quotas/usage_billing/mock_data';
 import { createMockClient } from 'helpers/mock_apollo_helper';
 import axios from '~/lib/utils/axios_utils';
@@ -140,6 +141,21 @@ export const NoPoolNoOverage = {
   },
 };
 
+export const WithOtcCredits = {
+  render: (...args) => {
+    const restUsageDataHandler = () => Promise.resolve([200, mockUsageDataWithoutPool]);
+    const getSubscriptionUsersUsageQueryHandler = () => Promise.resolve(usageDataWithOtcCredits);
+
+    const getSubscriptionUsageQueryHandler = () => Promise.resolve(usageDataWithOtcCredits);
+
+    return createTemplate({
+      restUsageDataHandler,
+      getSubscriptionUsersUsageQueryHandler,
+      getSubscriptionUsageQueryHandler,
+    })(...args);
+  },
+};
+
 export const LoadingState = {
   render: (...args) => {
     // Never resolved
diff --git a/ee/app/assets/javascripts/usage_quotas/usage_billing/components/app.vue b/ee/app/assets/javascripts/usage_quotas/usage_billing/components/app.vue
index 63d46a57b9e7fecbdba38778aec827196dfa2e20..73e2f2001ca0f32b91ee50e62b43cdfee240d047 100644
--- a/ee/app/assets/javascripts/usage_quotas/usage_billing/components/app.vue
+++ b/ee/app/assets/javascripts/usage_quotas/usage_billing/components/app.vue
@@ -12,6 +12,7 @@ import PurchaseCommitmentCard from './purchase_commitment_card.vue';
 import UsageByUserTab from './usage_by_user_tab.vue';
 import CurrentUsageCard from './current_usage_card.vue';
 import CurrentOverageUsageCard from './current_overage_usage_card.vue';
+import OneTimeCreditsCard from './one_time_credits_card.vue';
 
 export default {
   name: 'UsageBillingApp',
@@ -23,6 +24,7 @@ export default {
     CurrentUsageCard,
     CurrentOverageUsageCard,
     UserDate,
+    OneTimeCreditsCard,
   },
   apollo: {
     subscriptionUsage: {
@@ -76,6 +78,12 @@ export default {
     isLoading() {
       return this.isFetchingData || this.$apollo.queries.subscriptionUsage.loading;
     },
+    remainingOtcCredits() {
+      return this.subscriptionUsage?.oneTimeCredits?.creditsUsed;
+    },
+    otcCredits() {
+      return this.subscriptionUsage?.oneTimeCredits?.totalCredits;
+    },
   },
   async mounted() {
     await this.fetchUsageData();
@@ -107,10 +115,10 @@ export default {
       <template #heading>
         <span data-testid="usage-billing-title">{{ s__('UsageBilling|Usage Billing') }}</span>
       </template>
-      <template v-if="subscriptionUsage.lastUpdated" #description>
+      <template v-if="subscriptionUsage.lastEventTransactionAt" #description>
         {{ s__('UsageBilling|Last updated:') }}
         <user-date
-          :date="subscriptionUsage.lastUpdated"
+          :date="subscriptionUsage.lastEventTransactionAt"
           :date-format="$options.LONG_DATE_FORMAT_WITH_TZ"
         />
       </template>
@@ -149,6 +157,12 @@ export default {
     </div>
     <template v-else>
       <section class="gl-flex gl-flex-col gl-gap-5 @md/panel:gl-flex-row">
+        <one-time-credits-card
+          v-if="otcCredits"
+          :remaining-credits="remainingOtcCredits"
+          :otc-credits="otcCredits"
+        />
+
         <current-usage-card
           v-if="poolIsAvailable"
           :pool-total-credits="poolTotalCredits"
diff --git a/ee/app/assets/javascripts/usage_quotas/usage_billing/components/one_time_credits_card.vue b/ee/app/assets/javascripts/usage_quotas/usage_billing/components/one_time_credits_card.vue
new file mode 100644
index 0000000000000000000000000000000000000000..1cb80486fbce6db001b17a94cb22b3de1fdc9110
--- /dev/null
+++ b/ee/app/assets/javascripts/usage_quotas/usage_billing/components/one_time_credits_card.vue
@@ -0,0 +1,58 @@
+<script>
+import { GlCard, GlSprintf, GlLink } from '@gitlab/ui';
+import { numberToMetricPrefix } from '~/lib/utils/number_utils';
+import { PROMO_URL } from 'jh_else_ce/lib/utils/url_utility';
+
+export default {
+  name: 'OneTimeCreditsCard',
+  components: {
+    GlCard,
+    GlSprintf,
+    GlLink,
+  },
+  props: {
+    remainingCredits: {
+      type: Number,
+      required: true,
+    },
+    otcCredits: {
+      type: Number,
+      required: true,
+    },
+  },
+  methods: {
+    numberToMetricPrefix,
+  },
+  pricingLink: `${PROMO_URL}/pricing`,
+};
+</script>
+<template>
+  <gl-card class="gl-flex-1 gl-bg-transparent">
+    <h2 class="gl-font-heading gl-my-3 gl-text-size-h2">
+      {{ s__('UsageBilling|GitLab Credits - One-Time Waiver') }}
+    </h2>
+    <p class="gl-text-sm gl-text-subtle">
+      {{ s__('UsageBilling|Used this billing period') }}
+    </p>
+    <div class="gl-heading-scale-700 gl-mb-2" data-testid="otc-credits">
+      {{ numberToMetricPrefix(otcCredits) }}
+    </div>
+    <p class="gl-text-sm gl-text-subtle">
+      <gl-sprintf
+        :message="
+          s__(
+            'UsageBilling|Credits used after any included user credits and monthly commitment pool have been exhausted. Learn about %{linkStart}GitLab Credit pricing%{linkEnd}.',
+          )
+        "
+      >
+        <template #link="{ content }">
+          <gl-link :href="$options.pricingLink" target="_blank">{{ content }}</gl-link>
+        </template>
+      </gl-sprintf>
+    </p>
+    <div class="gl-border-t gl-flex gl-flex-row gl-justify-between gl-pt-3 gl-text-subtle">
+      <span>{{ s__('UsageBilling|One-Time Waiver credits remaining') }}</span>
+      <span data-testid="remaining-credits">{{ remainingCredits }}</span>
+    </div>
+  </gl-card>
+</template>
diff --git a/ee/app/assets/javascripts/usage_quotas/usage_billing/graphql/get_subscription_usage.query.graphql b/ee/app/assets/javascripts/usage_quotas/usage_billing/graphql/get_subscription_usage.query.graphql
index 7a35c9723f85e95d6bc7d3797d19b177e2c4ca5e..f7ad821ef8a522708f310cb52712496b5a857b00 100644
--- a/ee/app/assets/javascripts/usage_quotas/usage_billing/graphql/get_subscription_usage.query.graphql
+++ b/ee/app/assets/javascripts/usage_quotas/usage_billing/graphql/get_subscription_usage.query.graphql
@@ -1,11 +1,15 @@
 query getSubscriptionUsage($namespacePath: ID) {
   subscriptionUsage(namespacePath: $namespacePath) {
-    lastUpdated
+    lastEventTransactionAt
     purchaseCreditsPath
     poolUsage {
       totalCredits
       creditsUsed
     }
+    oneTimeCredits {
+      totalCredits
+      creditsUsed
+    }
     overage {
       isAllowed
       creditsUsed
diff --git a/ee/app/assets/javascripts/usage_quotas/usage_billing/users/show/components/app.vue b/ee/app/assets/javascripts/usage_quotas/usage_billing/users/show/components/app.vue
index 88e09f4302d1c0f90444c2e2e7fd9e0f97b25a98..be0ead6b1230e2fae3b2dd54dc90e51171f591dd 100644
--- a/ee/app/assets/javascripts/usage_quotas/usage_billing/users/show/components/app.vue
+++ b/ee/app/assets/javascripts/usage_quotas/usage_billing/users/show/components/app.vue
@@ -146,7 +146,7 @@ export default {
         <div class="gl-text-sm gl-text-subtle">
           {{ s__('UsageBilling|Last updated:') }}
           <user-date
-            :date="subscriptionUsage.lastUpdated"
+            :date="subscriptionUsage.lastEventTransactionAt"
             :date-format="$options.SHORT_DATE_FORMAT_WITH_TIME"
           />
         </div>
diff --git a/ee/app/assets/javascripts/usage_quotas/usage_billing/users/show/graphql/get_user_subscription_usage.query.graphql b/ee/app/assets/javascripts/usage_quotas/usage_billing/users/show/graphql/get_user_subscription_usage.query.graphql
index 03dfea02c00966c1a7fc58a7b93e1e6044b8def6..52109d38a94659fcac6289ffef9c4b3f4ccae615 100644
--- a/ee/app/assets/javascripts/usage_quotas/usage_billing/users/show/graphql/get_user_subscription_usage.query.graphql
+++ b/ee/app/assets/javascripts/usage_quotas/usage_billing/users/show/graphql/get_user_subscription_usage.query.graphql
@@ -1,6 +1,6 @@
 query getUserSubscriptionUsage($namespacePath: ID, $username: String) {
   subscriptionUsage(namespacePath: $namespacePath) {
-    lastUpdated
+    lastEventTransactionAt
 
     startDate
     endDate
diff --git a/ee/app/graphql/types/gitlab_subscriptions/subscription_usage/one_time_credits_type.rb b/ee/app/graphql/types/gitlab_subscriptions/subscription_usage/one_time_credits_type.rb
new file mode 100644
index 0000000000000000000000000000000000000000..5f6732d9ccf97735b82055adc7b3526697a493ff
--- /dev/null
+++ b/ee/app/graphql/types/gitlab_subscriptions/subscription_usage/one_time_credits_type.rb
@@ -0,0 +1,31 @@
+# frozen_string_literal: true
+
+module Types
+  module GitlabSubscriptions
+    module SubscriptionUsage
+      class OneTimeCreditsType < BaseObject
+        graphql_name 'GitlabSubscriptionOneTimeCredits'
+        description 'Describes the usage of one time credits for the subscription'
+
+        authorize :read_subscription_usage
+
+        field :credits_used,
+          type: GraphQL::Types::Float,
+          null: true,
+          description: 'GitLab Credits used from the one time credits allocation.'
+
+        # rubocop: disable GraphQL/ExtractType -- no value for now
+        field :total_credits,
+          type: GraphQL::Types::Float,
+          null: true,
+          description: 'Total of GitLab Credits allocated as one time credits.'
+
+        field :total_credits_remaining,
+          type: GraphQL::Types::Float,
+          null: true,
+          description: 'Total of GitLab Credits remaining from the one time credits allocation.'
+        # rubocop:enable GraphQL/ExtractType
+      end
+    end
+  end
+end
diff --git a/ee/app/graphql/types/gitlab_subscriptions/subscription_usage/users_usage_type.rb b/ee/app/graphql/types/gitlab_subscriptions/subscription_usage/users_usage_type.rb
index 411e72cf6ef675af76ea05ee9a57f679601d804f..1b1b988c2e7380932c0ffbfa62d0367741b9d897 100644
--- a/ee/app/graphql/types/gitlab_subscriptions/subscription_usage/users_usage_type.rb
+++ b/ee/app/graphql/types/gitlab_subscriptions/subscription_usage/users_usage_type.rb
@@ -10,16 +10,23 @@ class UsersUsageType < BaseObject
         authorize :read_subscription_usage
 
         # rubocop: disable GraphQL/ExtractType -- no value for now
-        field :total_users_using_credits, GraphQL::Types::Int, null: true,
+        field :total_users_using_credits, GraphQL::Types::Int,
+          null: true,
           description: 'Total number of users consuming GitLab Credits.'
 
-        field :total_users_using_pool, GraphQL::Types::Int, null: true,
+        field :total_users_using_pool, GraphQL::Types::Int,
+          null: true,
           description: 'Total number of users consuming pool GitLab Credits.'
 
-        field :total_users_using_overage, GraphQL::Types::Int, null: true,
+        field :total_users_using_overage, GraphQL::Types::Int,
+          null: true,
           description: 'Total number of users consuming overage.'
         # rubocop:enable GraphQL/ExtractType
 
+        field :credits_used, GraphQL::Types::Float,
+          null: true,
+          description: 'GitLab Credits used by consumers of the subscription.'
+
         field :daily_usage,
           [DailyUsageType],
           null: true,
diff --git a/ee/app/graphql/types/gitlab_subscriptions/subscription_usage_type.rb b/ee/app/graphql/types/gitlab_subscriptions/subscription_usage_type.rb
index c66e25a1fa613624b31d71d5bace7a97650efe97..808f30d175827f2ab28cda9e4d299f59bb315405 100644
--- a/ee/app/graphql/types/gitlab_subscriptions/subscription_usage_type.rb
+++ b/ee/app/graphql/types/gitlab_subscriptions/subscription_usage_type.rb
@@ -8,9 +8,9 @@ class SubscriptionUsageType < BaseObject
 
       authorize :read_subscription_usage
 
-      field :last_updated, GraphQL::Types::ISO8601DateTime,
+      field :last_event_transaction_at, GraphQL::Types::ISO8601DateTime,
         null: true,
-        description: 'Date and time when the usage data was last updated.'
+        description: 'Date and time when the last usage event resulted in a wallet transaction.'
 
       field :start_date, GraphQL::Types::ISO8601Date,
         null: true,
@@ -24,6 +24,10 @@ class SubscriptionUsageType < BaseObject
         null: true,
         description: 'URL to purchase GitLab Credits.'
 
+      field :one_time_credits, SubscriptionUsage::OneTimeCreditsType,
+        null: true,
+        description: 'One time credits usage for the subscription.'
+
       field :pool_usage, SubscriptionUsage::PoolUsageType,
         null: true,
         description: 'Consumption usage for the subscription shared pool.'
diff --git a/ee/lib/gitlab/subscription_portal/subscription_usage_client.rb b/ee/lib/gitlab/subscription_portal/subscription_usage_client.rb
index 72c5f2bb72edbb79cefd46aa7b11811c7e6aa118..842c08c9bf8f5c91635e590b8ae61f9de3d04532 100644
--- a/ee/lib/gitlab/subscription_portal/subscription_usage_client.rb
+++ b/ee/lib/gitlab/subscription_portal/subscription_usage_client.rb
@@ -16,13 +16,32 @@ class SubscriptionUsageClient < Client
             gitlabCreditsUsage {
               startDate
               endDate
-              lastUpdated
+              lastEventTransactionAt
               purchaseCreditsPath
             }
           }
         }
       GQL
 
+      GET_ONE_TIME_CREDITS_QUERY = <<~GQL
+        query subscriptionUsage(
+          $namespaceId: ID,
+          $licenseKey: String,
+          $startDate: ISO8601Date,
+          $endDate: ISO8601Date
+        ) {
+          subscription(namespaceId: $namespaceId, licenseKey: $licenseKey) {
+            gitlabCreditsUsage(startDate: $startDate, endDate: $endDate) {
+              oneTimeCredits {
+                creditsUsed
+                totalCredits
+                totalCreditsRemaining
+              }
+            }
+          }
+        }
+      GQL
+
       GET_POOL_USAGE_QUERY = <<~GQL
         query subscriptionUsage(
           $namespaceId: ID,
@@ -131,6 +150,7 @@ class SubscriptionUsageClient < Client
                 totalUsersUsingCredits
                 totalUsersUsingPool
                 totalUsersUsingOverage
+                creditsUsed
                 dailyUsage {
                   date
                   creditsUsed
@@ -177,6 +197,22 @@ def get_metadata
       end
       strong_memoize_attr :get_metadata
 
+      def get_one_time_credits
+        response = execute_graphql_query(
+          query: GET_ONE_TIME_CREDITS_QUERY,
+          variables: default_variables.merge(startDate: start_date, endDate: end_date)
+        )
+
+        if unsuccessful_response?(response)
+          error(GET_ONE_TIME_CREDITS_QUERY, response)
+        else
+          {
+            success: true,
+            oneTimeCredits: response.dig(:data, :subscription, :gitlabCreditsUsage, :oneTimeCredits)
+          }
+        end
+      end
+
       def get_pool_usage
         response = execute_graphql_query(
           query: GET_POOL_USAGE_QUERY,
diff --git a/ee/lib/gitlab_subscriptions/subscription_usage.rb b/ee/lib/gitlab_subscriptions/subscription_usage.rb
index 72ec9695b07afbd5990de3730c0ff2781aae2ecd..20a34242d8fef0bcdeb4e8bedff46fc3d93f6e01 100644
--- a/ee/lib/gitlab_subscriptions/subscription_usage.rb
+++ b/ee/lib/gitlab_subscriptions/subscription_usage.rb
@@ -4,6 +4,7 @@ module GitlabSubscriptions
   class SubscriptionUsage
     include ::Gitlab::Utils::StrongMemoize
 
+    OneTimeCredits = Struct.new(:credits_used, :total_credits, :total_credits_remaining, :declarative_policy_subject)
     PoolUsage = Struct.new(:total_credits, :credits_used, :daily_usage, :declarative_policy_subject)
     Overage = Struct.new(:is_allowed, :credits_used, :daily_usage, :declarative_policy_subject)
     DailyUsage = Struct.new(:date, :credits_used, :declarative_policy_subject)
@@ -28,14 +29,28 @@ def end_date
       usage_metadata[:endDate]
     end
 
-    def last_updated
-      usage_metadata[:lastUpdated]
+    def last_event_transaction_at
+      usage_metadata[:lastEventTransactionAt]
     end
 
     def purchase_credits_path
       usage_metadata[:purchaseCreditsPath]
     end
 
+    def one_time_credits
+      one_time_credits_response = subscription_usage_client.get_one_time_credits
+
+      return unless one_time_credits_response[:success]
+
+      OneTimeCredits.new(
+        credits_used: one_time_credits_response.dig(:oneTimeCredits, :creditsUsed),
+        total_credits: one_time_credits_response.dig(:oneTimeCredits, :totalCredits),
+        total_credits_remaining: one_time_credits_response.dig(:oneTimeCredits, :totalCreditsRemaining),
+        declarative_policy_subject: self
+      )
+    end
+    strong_memoize_attr :one_time_credits
+
     def pool_usage
       pool_usage_response = subscription_usage_client.get_pool_usage
 
diff --git a/ee/lib/gitlab_subscriptions/subscriptions_usage/user_usage.rb b/ee/lib/gitlab_subscriptions/subscriptions_usage/user_usage.rb
index 24adec5a336461b531e0629f6d35bdd711957ef5..596a2e2360559412f0b728f2f66070c111fee143 100644
--- a/ee/lib/gitlab_subscriptions/subscriptions_usage/user_usage.rb
+++ b/ee/lib/gitlab_subscriptions/subscriptions_usage/user_usage.rb
@@ -32,6 +32,10 @@ def total_users_using_overage
         usage_stats[:totalUsersUsingOverage]
       end
 
+      def credits_used
+        usage_stats[:creditsUsed]
+      end
+
       def users(username: nil)
         strong_memoize_with(:users, username) do
           case subscription_usage.subscription_target
diff --git a/ee/spec/frontend/usage_quotas/usage_billing/components/app_spec.js b/ee/spec/frontend/usage_quotas/usage_billing/components/app_spec.js
index 04bc76d234edbcde936ab30118098494e911d3de..95c4b3ada2d23ebf575215f5a373ccb6a0a638df 100644
--- a/ee/spec/frontend/usage_quotas/usage_billing/components/app_spec.js
+++ b/ee/spec/frontend/usage_quotas/usage_billing/components/app_spec.js
@@ -4,6 +4,7 @@ import VueApollo from 'vue-apollo';
 import MockAdapter from 'axios-mock-adapter';
 import CurrentUsageCard from 'ee/usage_quotas/usage_billing/components/current_usage_card.vue';
 import CurrentOverageUsageCard from 'ee/usage_quotas/usage_billing/components/current_overage_usage_card.vue';
+import OneTimeCreditsCard from 'ee/usage_quotas/usage_billing/components/one_time_credits_card.vue';
 import PurchaseCommitmentCard from 'ee/usage_quotas/usage_billing/components/purchase_commitment_card.vue';
 import getSubscriptionUsageQuery from 'ee/usage_quotas/usage_billing/graphql/get_subscription_usage.query.graphql';
 import createMockApollo from 'helpers/mock_apollo_helper';
@@ -22,7 +23,8 @@ import {
   usageDataNoPoolNoOverage,
   usageDataNoPoolWithOverage,
   usageDataWithPool,
-  usageDataWithoutLastUpdated,
+  usageDataWithoutLastEventTransactionAt,
+  usageDataWithOtcCredits,
 } from '../mock_data';
 
 jest.mock('~/lib/logger');
@@ -118,15 +120,15 @@ describe('UsageBillingApp', () => {
       });
     });
 
-    describe('when lastUpdated is not provided', () => {
+    describe('when lastEventTransactionAt is not provided', () => {
       beforeEach(async () => {
         createComponent({
-          mockQueryHandler: jest.fn().mockResolvedValue(usageDataWithoutLastUpdated),
+          mockQueryHandler: jest.fn().mockResolvedValue(usageDataWithoutLastEventTransactionAt),
         });
         await waitForPromises();
       });
 
-      it('does not renders the page heading description', () => {
+      it('does not render the page heading description', () => {
         expect(findPageHeading().text()).not.toContain('Last updated:');
         expect(findPageHeading().findComponent(UserDate).exists()).toBe(false);
       });
@@ -152,6 +154,26 @@ describe('UsageBillingApp', () => {
         expect(wrapper.findComponent(PurchaseCommitmentCard).exists()).toBe(false);
       });
     });
+
+    it('does not render one-time-credits-card', () => {
+      expect(wrapper.findComponent(OneTimeCreditsCard).exists()).toBe(false);
+    });
+
+    describe('with one-time credits data', () => {
+      beforeEach(async () => {
+        const mockQueryHandler = jest.fn().mockResolvedValue(usageDataWithOtcCredits);
+
+        createComponent({ mockQueryHandler });
+        await waitForPromises();
+      });
+
+      it('renders one-time-credits-card', () => {
+        expect(wrapper.findComponent(OneTimeCreditsCard).props()).toMatchObject({
+          remainingCredits: 500,
+          otcCredits: 2500,
+        });
+      });
+    });
   });
 
   describe('no pool with overage state', () => {
diff --git a/ee/spec/frontend/usage_quotas/usage_billing/components/one_time_credits_card_spec.js b/ee/spec/frontend/usage_quotas/usage_billing/components/one_time_credits_card_spec.js
new file mode 100644
index 0000000000000000000000000000000000000000..38e71ef8df09fed8415e275a4e9e147ea7e50093
--- /dev/null
+++ b/ee/spec/frontend/usage_quotas/usage_billing/components/one_time_credits_card_spec.js
@@ -0,0 +1,43 @@
+import { GlSprintf } from '@gitlab/ui';
+import OneTimeCreditsCard from 'ee/usage_quotas/usage_billing/components/one_time_credits_card.vue';
+import { shallowMountExtended } from 'helpers/vue_test_utils_helper';
+
+describe('OneTimeCreditsCard', () => {
+  /** @type {import('helpers/vue_test_utils_helper').ExtendedWrapper} */
+  let wrapper;
+
+  const defaultProps = {
+    remainingCredits: 500,
+    otcCredits: 1500,
+  };
+
+  const createComponent = (props) => {
+    wrapper = shallowMountExtended(OneTimeCreditsCard, {
+      propsData: {
+        ...defaultProps,
+        ...props,
+      },
+      stubs: {
+        GlSprintf,
+      },
+    });
+  };
+
+  describe('rendering elements', () => {
+    beforeEach(() => {
+      createComponent();
+    });
+
+    it('renders card title', () => {
+      expect(wrapper.find('h2').text()).toBe('GitLab Credits - One-Time Waiver');
+    });
+
+    it('renders otc credits in metric prefix', () => {
+      expect(wrapper.findByTestId('otc-credits').text()).toBe('1.5k');
+    });
+
+    it('renders remaining credits', () => {
+      expect(wrapper.findByTestId('remaining-credits').text()).toBe('500');
+    });
+  });
+});
diff --git a/ee/spec/frontend/usage_quotas/usage_billing/mock_data.js b/ee/spec/frontend/usage_quotas/usage_billing/mock_data.js
index e90f3cc144e7cc744ecb4f1ad3302fd7349c9ad3..47c9f0d44491270c778f3c11912707b50e376a20 100644
--- a/ee/spec/frontend/usage_quotas/usage_billing/mock_data.js
+++ b/ee/spec/frontend/usage_quotas/usage_billing/mock_data.js
@@ -14,6 +14,11 @@ export const mockUsageDataWithoutPool = {
         creditsUsed: 0,
       },
 
+      oneTimeCredits: {
+        totalCredits: 0,
+        creditsUsed: 0,
+      },
+
       // pool allocation statistics (commitment)
       poolUsage: null,
 
@@ -63,7 +68,7 @@ export const mockUsageDataWithoutPool = {
 export const mockUsersUsageDataWithoutPool = {
   data: {
     subscriptionUsage: {
-      lastUpdated: '2024-01-15T10:30:00Z',
+      lastEventTransactionAt: '2024-01-15T10:30:00Z',
       purchaseCreditsPath: '/purchase-credits-path',
       usersUsage: {
         // overall statistics
@@ -166,6 +171,11 @@ export const mockUsageDataWithPool = {
         creditsUsed: 0,
       },
 
+      oneTimeCredits: {
+        totalCredits: 0,
+        creditsUsed: 0,
+      },
+
       // pool allocation statistics (commitment)
       poolUsage: {
         // statistics
@@ -218,7 +228,7 @@ export const mockUsageDataWithPool = {
 export const mockUsersUsageDataWithPool = {
   data: {
     subscriptionUsage: {
-      lastUpdated: '2025-10-14T07:41:59Z',
+      lastEventTransactionAt: '2025-10-14T07:41:59Z',
       purchaseCreditsPath: '/purchase-credits-path',
       usersUsage: {
         // overall statistics
@@ -354,6 +364,11 @@ export const mockUsageDataWithOverage = {
         creditsUsed: 50,
       },
 
+      oneTimeCredits: {
+        totalCredits: 0,
+        creditsUsed: 0,
+      },
+
       poolUsage: {
         dailyAverage: 167,
         peakUsage: 234,
@@ -400,7 +415,7 @@ export const mockUsageDataWithOverage = {
 export const mockUsersUsageDataWithOverage = {
   data: {
     subscriptionUsage: {
-      lastUpdated: '2025-10-14T07:41:59Z',
+      lastEventTransactionAt: '2025-10-14T07:41:59Z',
       purchaseCreditsPath: '/purchase-credits-path',
       usersUsage: {
         totalUsers: 50,
@@ -544,7 +559,7 @@ export const mockUsageDataWithZeroAllocation = {
 export const mockUsersUsageDataWithZeroAllocation = {
   data: {
     subscriptionUsage: {
-      lastUpdated: '2025-10-14T07:41:59Z',
+      lastEventTransactionAt: '2025-10-14T07:41:59Z',
       purchaseCreditsPath: '/purchase-credits-path',
       usersUsage: {
         totalUsers: 5,
@@ -630,7 +645,7 @@ export const mockUsersUsageDataWithZeroAllocation = {
 export const usageDataWithPool = {
   data: {
     subscriptionUsage: {
-      lastUpdated: '2025-10-14T07:41:59Z',
+      lastEventTransactionAt: '2025-10-14T07:41:59Z',
       purchaseCreditsPath: '/purchase-credits-path',
       poolUsage: {
         creditsUsed: 50,
@@ -640,11 +655,16 @@ export const usageDataWithPool = {
         isAllowed: true,
         creditsUsed: 0,
       },
+
+      oneTimeCredits: {
+        totalCredits: 0,
+        creditsUsed: 0,
+      },
     },
   },
 };
 
-export const usageDataWithoutLastUpdated = {
+export const usageDataWithoutLastEventTransactionAt = {
   data: {
     subscriptionUsage: {
       poolUsage: {
@@ -659,7 +679,7 @@ export const usageDataWithPoolWithOverage = {
   data: {
     subscriptionUsage: {
       purchaseCreditsPath: '/purchase-credits-path',
-      lastUpdated: '2025-10-14T07:41:59Z',
+      lastEventTransactionAt: '2025-10-14T07:41:59Z',
       poolUsage: {
         creditsUsed: 300,
         totalCredits: 300,
@@ -668,6 +688,11 @@ export const usageDataWithPoolWithOverage = {
         isAllowed: true,
         creditsUsed: 50,
       },
+
+      oneTimeCredits: {
+        totalCredits: 0,
+        creditsUsed: 0,
+      },
     },
   },
 };
@@ -675,13 +700,18 @@ export const usageDataWithPoolWithOverage = {
 export const usageDataNoPoolNoOverage = {
   data: {
     subscriptionUsage: {
-      lastUpdated: '2024-01-15T10:30:00Z',
+      lastEventTransactionAt: '2024-01-15T10:30:00Z',
       purchaseCreditsPath: '/purchase-credits-path',
       poolUsage: null,
       overage: {
         isAllowed: false,
         creditsUsed: 0,
       },
+
+      oneTimeCredits: {
+        totalCredits: 0,
+        creditsUsed: 0,
+      },
     },
   },
 };
@@ -689,13 +719,48 @@ export const usageDataNoPoolNoOverage = {
 export const usageDataNoPoolWithOverage = {
   data: {
     subscriptionUsage: {
-      lastUpdated: '2024-01-15T10:30:00Z',
+      lastEventTransactionAt: '2024-01-15T10:30:00Z',
       purchaseCreditsPath: '/purchase-credits-path',
       poolUsage: null,
       overage: {
         isAllowed: true,
         creditsUsed: 50,
       },
+
+      oneTimeCredits: {
+        totalCredits: 0,
+        creditsUsed: 0,
+      },
+    },
+  },
+};
+
+export const usageDataWithOtcCredits = {
+  data: {
+    subscriptionUsage: {
+      lastEventTransactionAt: '2025-10-14T07:41:59Z',
+      purchaseCreditsPath: '/purchase-credits-path',
+      usersUsage: {
+        // overall statistics
+        totalUsers: 50,
+        users: {
+          nodes: [],
+        },
+      },
+      poolUsage: {
+        creditsUsed: 50,
+        totalCredits: 300,
+      },
+
+      overage: {
+        isAllowed: true,
+        creditsUsed: 0,
+      },
+
+      oneTimeCredits: {
+        totalCredits: 2500,
+        creditsUsed: 500,
+      },
     },
   },
 };
diff --git a/ee/spec/frontend/usage_quotas/usage_billing/users/show/mock_data.js b/ee/spec/frontend/usage_quotas/usage_billing/users/show/mock_data.js
index 6e5f64a15d6a821ef52fa046419e2291189ba78a..efa4f824f9bfea789ece133397dc301449c20dfd 100644
--- a/ee/spec/frontend/usage_quotas/usage_billing/users/show/mock_data.js
+++ b/ee/spec/frontend/usage_quotas/usage_billing/users/show/mock_data.js
@@ -1,7 +1,7 @@
 export const mockDataWithPool = {
   data: {
     subscriptionUsage: {
-      lastUpdated: '2025-02-02T18:45:32Z',
+      lastEventTransactionAt: '2025-02-02T18:45:32Z',
 
       startDate: '2025-08-01',
       endDate: '2025-08-31',
diff --git a/ee/spec/graphql/types/gitlab_subscriptions/subscription_usage/one_time_credits_type_spec.rb b/ee/spec/graphql/types/gitlab_subscriptions/subscription_usage/one_time_credits_type_spec.rb
new file mode 100644
index 0000000000000000000000000000000000000000..6c1e3a5aabb45e785ed56047d29acea210fb4161
--- /dev/null
+++ b/ee/spec/graphql/types/gitlab_subscriptions/subscription_usage/one_time_credits_type_spec.rb
@@ -0,0 +1,12 @@
+# frozen_string_literal: true
+
+require 'spec_helper'
+
+RSpec.describe GitlabSchema.types['GitlabSubscriptionOneTimeCredits'], feature_category: :consumables_cost_management do
+  it { expect(described_class.graphql_name).to eq('GitlabSubscriptionOneTimeCredits') }
+  it { expect(described_class).to require_graphql_authorizations(:read_subscription_usage) }
+
+  it 'has expected fields' do
+    expect(described_class).to have_graphql_fields([:credits_used, :total_credits, :total_credits_remaining])
+  end
+end
diff --git a/ee/spec/graphql/types/gitlab_subscriptions/subscription_usage/users_usage_type_spec.rb b/ee/spec/graphql/types/gitlab_subscriptions/subscription_usage/users_usage_type_spec.rb
index cb6a7358c5265c7c46581bbf24711bd01b5b70a2..c4bd6e5fec3b9a80a38cc0693c8cc5df3c2813d4 100644
--- a/ee/spec/graphql/types/gitlab_subscriptions/subscription_usage/users_usage_type_spec.rb
+++ b/ee/spec/graphql/types/gitlab_subscriptions/subscription_usage/users_usage_type_spec.rb
@@ -11,6 +11,7 @@
       :total_users_using_credits,
       :total_users_using_pool,
       :total_users_using_overage,
+      :credits_used,
       :daily_usage,
       :users
     ])
diff --git a/ee/spec/graphql/types/gitlab_subscriptions/subscription_usage_type_spec.rb b/ee/spec/graphql/types/gitlab_subscriptions/subscription_usage_type_spec.rb
index 0513a0bb825b3b2c12caa7d58a71a314fa6eeaa8..ac4ba8b3c475901404563759fefe9dc15dd4862a 100644
--- a/ee/spec/graphql/types/gitlab_subscriptions/subscription_usage_type_spec.rb
+++ b/ee/spec/graphql/types/gitlab_subscriptions/subscription_usage_type_spec.rb
@@ -8,10 +8,11 @@
 
   it 'has expected fields' do
     expect(described_class).to have_graphql_fields([
-      :last_updated,
+      :last_event_transaction_at,
       :start_date,
       :end_date,
       :purchase_credits_path,
+      :one_time_credits,
       :pool_usage,
       :overage,
       :users_usage
diff --git a/ee/spec/lib/gitlab/subscription_portal/subscription_usage_client_spec.rb b/ee/spec/lib/gitlab/subscription_portal/subscription_usage_client_spec.rb
index ed79d6a0ae2e4b9aba0586d80227d4237227aff0..5635212801690de878cb8f27d51b22f0af81f46b 100644
--- a/ee/spec/lib/gitlab/subscription_portal/subscription_usage_client_spec.rb
+++ b/ee/spec/lib/gitlab/subscription_portal/subscription_usage_client_spec.rb
@@ -148,7 +148,7 @@
               gitlabCreditsUsage: {
                 startDate: "2025-10-01",
                 endDate: "2025-10-31",
-                lastUpdated: "2025-10-01T16:19:59Z",
+                lastEventTransactionAt: "2025-10-01T16:19:59Z",
                 purchaseCreditsPath: '/mock/path'
               }
             }
@@ -162,7 +162,7 @@
           subscriptionUsage: {
             startDate: "2025-10-01",
             endDate: "2025-10-31",
-            lastUpdated: "2025-10-01T16:19:59Z",
+            lastEventTransactionAt: "2025-10-01T16:19:59Z",
             purchaseCreditsPath: '/mock/path'
           }
         }
@@ -178,6 +178,48 @@
     end
   end
 
+  describe '#get_one_time_credits' do
+    context 'when the subscription portal response is successful' do
+      let(:request) { client.get_one_time_credits }
+      let(:query) { described_class::GET_ONE_TIME_CREDITS_QUERY }
+      let(:one_time_credits) do
+        {
+          creditsUsed: 12.25,
+          totalCredits: 1000,
+          totalCreditsRemaining: 987.75
+        }
+      end
+
+      let(:portal_response) do
+        {
+          success: true,
+          data: {
+            subscription: {
+              gitlabCreditsUsage: {
+                oneTimeCredits: one_time_credits
+              }
+            }
+          }
+        }
+      end
+
+      let(:expected_response) do
+        {
+          success: true,
+          oneTimeCredits: one_time_credits
+        }
+      end
+
+      include_context 'for self-managed request' do
+        let(:variables) { { licenseKey: license_key, startDate: start_date, endDate: end_date } }
+      end
+
+      include_context 'for gitlab.com request' do
+        let(:variables) { { namespaceId: namespace_id, startDate: start_date, endDate: end_date } }
+      end
+    end
+  end
+
   describe '#get_pool_usage' do
     context 'when the subscription portal response is successful' do
       let(:request) { client.get_pool_usage }
@@ -391,6 +433,7 @@
                   totalUsersUsingCredits: 3,
                   totalUsersUsingPool: 2,
                   totalUsersUsingOverage: 1,
+                  creditsUsed: 123.45,
                   dailyUsage: [{ date: '2025-10-01', creditsUsed: 321 }]
                 }
               }
@@ -406,6 +449,7 @@
             totalUsersUsingCredits: 3,
             totalUsersUsingPool: 2,
             totalUsersUsingOverage: 1,
+            creditsUsed: 123.45,
             dailyUsage: [{ date: '2025-10-01', creditsUsed: 321 }]
           }
         }
diff --git a/ee/spec/lib/gitlab_subscriptions/subscription_usage_spec.rb b/ee/spec/lib/gitlab_subscriptions/subscription_usage_spec.rb
index 7fd1207ae79bf61430e85ef3e37ef0916c2afecb..9c8a57920460c57dd4353daffc429861d0d1132b 100644
--- a/ee/spec/lib/gitlab_subscriptions/subscription_usage_spec.rb
+++ b/ee/spec/lib/gitlab_subscriptions/subscription_usage_spec.rb
@@ -223,8 +223,8 @@
     end
   end
 
-  describe '#last_updated' do
-    subject(:last_updated) { subscription_usage.last_updated }
+  describe '#last_event_transaction_at' do
+    subject(:last_event_transaction_at) { subscription_usage.last_event_transaction_at }
 
     before do
       allow(subscription_usage_client).to receive(:get_metadata).and_return(client_response)
@@ -240,10 +240,12 @@
       end
 
       context 'when the client returns a successful response' do
-        let(:client_response) { { success: true, subscriptionUsage: { lastUpdated: "2025-10-01T16:19:59Z" } } }
+        let(:client_response) do
+          { success: true, subscriptionUsage: { lastEventTransactionAt: "2025-10-01T16:19:59Z" } }
+        end
 
         it 'returns the last updated time' do
-          expect(last_updated).to be("2025-10-01T16:19:59Z")
+          expect(last_event_transaction_at).to be("2025-10-01T16:19:59Z")
         end
       end
 
@@ -251,15 +253,15 @@
         let(:client_response) { { success: false } }
 
         it 'returns nil' do
-          expect(last_updated).to be_nil
+          expect(last_event_transaction_at).to be_nil
         end
       end
 
-      context 'when the client response is missing lastUpdated' do
-        let(:client_response) { { success: true, subscriptionUsage: { lastUpdated: nil } } }
+      context 'when the client response is missing lastEventTransactionAt' do
+        let(:client_response) { { success: true, subscriptionUsage: { lastEventTransactionAt: nil } } }
 
         it 'returns nil' do
-          expect(last_updated).to be_nil
+          expect(last_event_transaction_at).to be_nil
         end
       end
     end
@@ -273,14 +275,127 @@
       end
 
       let(:license) { build_stubbed(:license) }
-      let(:client_response) { { success: true, subscriptionUsage: { lastUpdated: "2025-10-01T16:19:59Z" } } }
+      let(:client_response) { { success: true, subscriptionUsage: { lastEventTransactionAt: "2025-10-01T16:19:59Z" } } }
 
       before do
         allow(License).to receive(:current).and_return(license)
       end
 
       it 'returns the last updated time' do
-        expect(last_updated).to be("2025-10-01T16:19:59Z")
+        expect(last_event_transaction_at).to be("2025-10-01T16:19:59Z")
+      end
+
+      context 'when License.current is nil' do
+        before do
+          allow(License).to receive(:current).and_return(nil)
+        end
+
+        it 'handles nil license gracefully' do
+          expect { last_event_transaction_at }.not_to raise_error
+        end
+      end
+    end
+  end
+
+  describe '#one_time_credits' do
+    subject(:one_time_credits) { subscription_usage.one_time_credits }
+
+    before do
+      allow(subscription_usage_client).to receive(:get_one_time_credits).and_return(client_response)
+    end
+
+    context 'when subscription_target is :namespace' do
+      let(:subscription_usage) do
+        described_class.new(
+          subscription_target: :namespace,
+          subscription_usage_client: subscription_usage_client,
+          namespace: group
+        )
+      end
+
+      context 'when the client returns a successful response' do
+        let(:client_response) do
+          {
+            success: true,
+            oneTimeCredits: {
+              creditsUsed: 25.32,
+              totalCredits: 1000,
+              totalCreditsRemaining: 974.68
+            }
+          }
+        end
+
+        it 'returns a OneTimeCredits struct with correct data' do
+          expect(one_time_credits).to be_a(GitlabSubscriptions::SubscriptionUsage::OneTimeCredits)
+          expect(one_time_credits).to have_attributes(
+            credits_used: 25.32,
+            total_credits: 1000,
+            total_credits_remaining: 974.68,
+            declarative_policy_subject: subscription_usage
+          )
+        end
+      end
+
+      context 'when the client returns an unsuccessful response' do
+        let(:client_response) { { success: false } }
+
+        it 'returns nil' do
+          expect(one_time_credits).to be_nil
+        end
+      end
+
+      context 'when the client response is missing oneTimeCredits data' do
+        let(:client_response) do
+          {
+            success: true,
+            oneTimeCredits: nil
+          }
+        end
+
+        it 'returns a OneTimeCredits struct with no values' do
+          expect(one_time_credits).to be_a(GitlabSubscriptions::SubscriptionUsage::OneTimeCredits)
+          expect(one_time_credits).to have_attributes(
+            credits_used: nil,
+            total_credits: nil,
+            total_credits_remaining: nil,
+            declarative_policy_subject: subscription_usage
+          )
+        end
+      end
+    end
+
+    context 'when subscription_target is :instance' do
+      let(:subscription_usage) do
+        described_class.new(
+          subscription_target: :instance,
+          subscription_usage_client: subscription_usage_client
+        )
+      end
+
+      let(:license) { build_stubbed(:license) }
+      let(:client_response) do
+        {
+          success: true,
+          oneTimeCredits: {
+            creditsUsed: 123.99,
+            totalCredits: 2000,
+            totalCreditsRemaining: 1876.01
+          }
+        }
+      end
+
+      before do
+        allow(License).to receive(:current).and_return(license)
+      end
+
+      it 'returns a OneTimeCredits struct with correct data' do
+        expect(one_time_credits).to be_a(GitlabSubscriptions::SubscriptionUsage::OneTimeCredits)
+        expect(one_time_credits).to have_attributes(
+          credits_used: 123.99,
+          total_credits: 2000,
+          total_credits_remaining: 1876.01,
+          declarative_policy_subject: subscription_usage
+        )
       end
 
       context 'when License.current is nil' do
@@ -289,7 +404,7 @@
         end
 
         it 'handles nil license gracefully' do
-          expect { last_updated }.not_to raise_error
+          expect { one_time_credits }.not_to raise_error
         end
       end
     end
diff --git a/ee/spec/lib/gitlab_subscriptions/subscriptions_usage/user_usage_spec.rb b/ee/spec/lib/gitlab_subscriptions/subscriptions_usage/user_usage_spec.rb
index 927d5dbbf4e908bdfadc8c20681805e3d97498f1..bb6b0612d0653df2d1942f390e0e56209c870108 100644
--- a/ee/spec/lib/gitlab_subscriptions/subscriptions_usage/user_usage_spec.rb
+++ b/ee/spec/lib/gitlab_subscriptions/subscriptions_usage/user_usage_spec.rb
@@ -14,6 +14,7 @@
         totalUsersUsingCredits: 3,
         totalUsersUsingPool: 2,
         totalUsersUsingOverage: 1,
+        creditsUsed: 123.45,
         dailyUsage: [{ date: '2025-10-01', creditsUsed: 321 }]
       }
     }
@@ -158,6 +159,36 @@
     end
   end
 
+  describe "#credits_used" do
+    before do
+      allow(subscription_usage_client).to receive(:get_users_usage_stats).and_return(client_response)
+    end
+
+    context 'when the client returns a successful response' do
+      let(:client_response) { { success: true, usersUsage: { creditsUsed: 123.45 } } }
+
+      it 'returns the correct data' do
+        expect(user_usage.credits_used).to eq(123.45)
+      end
+    end
+
+    context 'when the client returns an unsuccessful response' do
+      let(:client_response) { { success: false } }
+
+      it 'returns nil' do
+        expect(user_usage.credits_used).to be_nil
+      end
+    end
+
+    context 'when the client response is missing the data' do
+      let(:client_response) { { success: true, usersUsage: nil } }
+
+      it 'returns nil' do
+        expect(user_usage.credits_used).to be_nil
+      end
+    end
+  end
+
   describe "#users" do
     context 'when subscription_target is :namespace' do
       before do
diff --git a/ee/spec/requests/api/graphql/gitlab_subscriptions/subscription_usage_spec.rb b/ee/spec/requests/api/graphql/gitlab_subscriptions/subscription_usage_spec.rb
index c2f4eb61d81207ce0311d1ae5295554dd18dc0b1..96042b2b834a7b44d6012b6531c8a1dc32c28353 100644
--- a/ee/spec/requests/api/graphql/gitlab_subscriptions/subscription_usage_spec.rb
+++ b/ee/spec/requests/api/graphql/gitlab_subscriptions/subscription_usage_spec.rb
@@ -49,9 +49,14 @@
   let(:user_arguments) { {} }
   let(:query_fields) do
     [
-      :last_updated,
+      :last_event_transaction_at,
       :start_date,
       :end_date,
+      query_graphql_field(:one_time_credits, {}, [
+        :credits_used,
+        :total_credits,
+        :total_credits_remaining
+      ]),
       :purchase_credits_path,
       query_graphql_field(:pool_usage, {}, [
         :total_credits,
@@ -67,6 +72,7 @@
         :total_users_using_credits,
         :total_users_using_pool,
         :total_users_using_overage,
+        :credits_used,
         query_graphql_field(:daily_usage, {}, [:date, :credits_used]),
         query_graphql_field(:users, user_arguments, [
           query_graphql_field(:nodes, {}, [
@@ -124,7 +130,7 @@
       subscriptionUsage: {
         startDate: "2025-10-01",
         endDate: "2025-10-31",
-        lastUpdated: "2025-10-01T16:19:59Z",
+        lastEventTransactionAt: "2025-10-01T16:19:59Z",
         purchaseCreditsPath: '/mock/path'
       }
     }
@@ -176,10 +182,20 @@
         totalUsersUsingCredits: 3,
         totalUsersUsingPool: 2,
         totalUsersUsingOverage: 1,
+        creditsUsed: 123.45,
         dailyUsage: [{ date: '2025-10-01', creditsUsed: 321 }]
       }
     }
 
+    one_time_credits = {
+      success: true,
+      oneTimeCredits: {
+        creditsUsed: 15.32,
+        totalCredits: 1000,
+        totalCreditsRemaining: 984.68
+      }
+    }
+
     pool_usage = {
       success: true,
       poolUsage: {
@@ -201,6 +217,7 @@
     allow_next_instance_of(Gitlab::SubscriptionPortal::SubscriptionUsageClient) do |client|
       allow(client).to receive_messages(
         get_metadata: metadata,
+        get_one_time_credits: one_time_credits,
         get_pool_usage: pool_usage,
         get_overage_usage: overage_usage,
         get_events_for_user_id: { success: true, userEvents: events_for_user_id },
@@ -220,11 +237,17 @@
         end
 
         it 'returns subscription usage for instance' do
-          expect(graphql_data_at(:subscription_usage, :lastUpdated)).to eq("2025-10-01T16:19:59Z")
+          expect(graphql_data_at(:subscription_usage, :lastEventTransactionAt)).to eq("2025-10-01T16:19:59Z")
           expect(graphql_data_at(:subscription_usage, :startDate)).to eq("2025-10-01")
           expect(graphql_data_at(:subscription_usage, :endDate)).to eq("2025-10-31")
           expect(graphql_data_at(:subscription_usage, :purchaseCreditsPath)).to eq("/mock/path")
 
+          expect(graphql_data_at(:subscription_usage, :oneTimeCredits)).to eq({
+            creditsUsed: 15.32,
+            totalCredits: 1000,
+            totalCreditsRemaining: 984.68
+          }.with_indifferent_access)
+
           expect(graphql_data_at(:subscription_usage, :poolUsage)).to eq({
             totalCredits: 1000,
             creditsUsed: 250,
@@ -240,6 +263,7 @@
           expect(graphql_data_at(:subscription_usage, :usersUsage, :totalUsersUsingCredits)).to eq(3)
           expect(graphql_data_at(:subscription_usage, :usersUsage, :totalUsersUsingPool)).to eq(2)
           expect(graphql_data_at(:subscription_usage, :usersUsage, :totalUsersUsingOverage)).to eq(1)
+          expect(graphql_data_at(:subscription_usage, :usersUsage, :creditsUsed)).to eq(123.45)
           expect(graphql_data_at(:subscription_usage, :usersUsage, :dailyUsage))
               .to match_array([{ date: '2025-10-01', creditsUsed: 321 }.with_indifferent_access])
 
@@ -322,11 +346,17 @@
           end
 
           it 'returns subscription usage for the group' do
-            expect(graphql_data_at(:subscription_usage, :lastUpdated)).to eq("2025-10-01T16:19:59Z")
+            expect(graphql_data_at(:subscription_usage, :lastEventTransactionAt)).to eq("2025-10-01T16:19:59Z")
             expect(graphql_data_at(:subscription_usage, :startDate)).to eq("2025-10-01")
             expect(graphql_data_at(:subscription_usage, :endDate)).to eq("2025-10-31")
             expect(graphql_data_at(:subscription_usage, :purchaseCreditsPath)).to eq("/mock/path")
 
+            expect(graphql_data_at(:subscription_usage, :oneTimeCredits)).to eq({
+              creditsUsed: 15.32,
+              totalCredits: 1000,
+              totalCreditsRemaining: 984.68
+            }.with_indifferent_access)
+
             expect(graphql_data_at(:subscription_usage, :poolUsage)).to eq({
               totalCredits: 1000,
               creditsUsed: 250,
@@ -342,6 +372,7 @@
             expect(graphql_data_at(:subscription_usage, :usersUsage, :totalUsersUsingCredits)).to eq(3)
             expect(graphql_data_at(:subscription_usage, :usersUsage, :totalUsersUsingPool)).to eq(2)
             expect(graphql_data_at(:subscription_usage, :usersUsage, :totalUsersUsingOverage)).to eq(1)
+            expect(graphql_data_at(:subscription_usage, :usersUsage, :creditsUsed)).to eq(123.45)
             expect(graphql_data_at(:subscription_usage, :usersUsage, :dailyUsage))
               .to match_array([{ date: '2025-10-01', creditsUsed: 321 }.with_indifferent_access])
 
diff --git a/locale/gitlab.pot b/locale/gitlab.pot
index 64e63d9952b879afb69e997b6c7205bf43750ac5..5e2ab17a551bf385f188f2c37f9c62b62fbdef96 100644
--- a/locale/gitlab.pot
+++ b/locale/gitlab.pot
@@ -70329,6 +70329,9 @@ msgstr ""
 msgid "UsageBilling|Credits"
 msgstr ""
 
+msgid "UsageBilling|Credits used after any included user credits and monthly commitment pool have been exhausted. Learn about %{linkStart}GitLab Credit pricing%{linkEnd}."
+msgstr ""
+
 msgid "UsageBilling|Credits used from pool this month"
 msgstr ""
 
@@ -70347,6 +70350,9 @@ msgstr ""
 msgid "UsageBilling|GitLab Credits - Monthly committed pool"
 msgstr ""
 
+msgid "UsageBilling|GitLab Credits - One-Time Waiver"
+msgstr ""
+
 msgid "UsageBilling|Increase monthly credit commitment"
 msgstr ""
 
@@ -70371,6 +70377,9 @@ msgstr ""
 msgid "UsageBilling|On-demand credits used this billable month"
 msgstr ""
 
+msgid "UsageBilling|One-Time Waiver credits remaining"
+msgstr ""
+
 msgid "UsageBilling|Peak daily use"
 msgstr ""
 
@@ -70395,6 +70404,9 @@ msgstr ""
 msgid "UsageBilling|Usage trend"
 msgstr ""
 
+msgid "UsageBilling|Used this billing period"
+msgstr ""
+
 msgid "UsageBilling|total users (active users)"
 msgstr ""