diff --git a/qiskit_ibm_runtime/api/clients/runtime.py b/qiskit_ibm_runtime/api/clients/runtime.py
index 4bad22c5f..979ea9a80 100644
--- a/qiskit_ibm_runtime/api/clients/runtime.py
+++ b/qiskit_ibm_runtime/api/clients/runtime.py
@@ -358,3 +358,11 @@ def update_tags(self, job_id: str, tags: list) -> Response:
             API Response.
         """
         return self._api.program_job(job_id).update_tags(tags)
+
+    def usage(self) -> Dict[str, Any]:
+        """Return monthly open plan usage information.
+
+        Returns:
+            API Response.
+        """
+        return self._api.usage()
diff --git a/qiskit_ibm_runtime/api/rest/runtime.py b/qiskit_ibm_runtime/api/rest/runtime.py
index 86ee72c20..70f1af1f1 100644
--- a/qiskit_ibm_runtime/api/rest/runtime.py
+++ b/qiskit_ibm_runtime/api/rest/runtime.py
@@ -36,6 +36,7 @@ class Runtime(RestAdapterBase):
         "jobs": "/jobs",
         "backends": "/backends",
         "cloud_instance": "/instance",
+        "usage": "/usage",
     }
 
     def program_job(self, job_id: str) -> "ProgramJob":
@@ -239,3 +240,12 @@ def is_qctrl_enabled(self) -> bool:
         """
         url = self.get_url("cloud_instance")
         return self.session.get(url).json().get("qctrl_enabled")
+
+    def usage(self) -> Dict[str, Any]:
+        """Return monthly open plan usage information.
+
+        Returns:
+            JSON response.
+        """
+        url = self.get_url("usage")
+        return self.session.get(url).json()
diff --git a/qiskit_ibm_runtime/qiskit_runtime_service.py b/qiskit_ibm_runtime/qiskit_runtime_service.py
index 5884d24ad..f132045ea 100644
--- a/qiskit_ibm_runtime/qiskit_runtime_service.py
+++ b/qiskit_ibm_runtime/qiskit_runtime_service.py
@@ -863,6 +863,9 @@ def run(
                 f"The backend {backend.name} currently has a status of {status.status_msg}."
             )
 
+        if hgp_name == "ibm-q/open/main":
+            self.check_pending_jobs()
+
         version = inputs.get("version", 1) if inputs else 1
         try:
             response = self._api_client.program_run(
@@ -927,6 +930,35 @@ def _run(self, *args: Any, **kwargs: Any) -> Union[RuntimeJob, RuntimeJobV2]:
         """Private run method"""
         return self.run(*args, **kwargs)
 
+    def check_pending_jobs(self) -> None:
+        """Check the number of pending jobs and wait for the oldest pending job if
+        the maximum number of pending jobs has been reached.
+        """
+        try:
+            usage = self.usage().get("byInstance")[0]
+            pending_jobs = usage.get("pendingJobs")
+            max_pending_jobs = usage.get("maxPendingJobs")
+            if pending_jobs >= max_pending_jobs:
+                oldest_running = self.jobs(limit=1, descending=False, pending=True)
+                if oldest_running:
+                    logger.warning(
+                        "The pending jobs limit has been reached. "
+                        "Waiting for job %s to finish before submitting the next one.",
+                        oldest_running[0],
+                    )
+                    try:
+                        oldest_running[0].wait_for_final_state(timeout=300)
+
+                    except Exception as ex:  # pylint: disable=broad-except
+                        logger.debug(
+                            "An error occurred while waiting for job %s to finish: %s",
+                            oldest_running[0].job_id(),
+                            ex,
+                        )
+
+        except Exception as ex:  # pylint: disable=broad-except
+            logger.warning("Unable to retrieve open plan pending jobs details. %s", ex)
+
     def job(self, job_id: str) -> Union[RuntimeJob, RuntimeJobV2]:
         """Retrieve a runtime job.
 
@@ -1063,6 +1095,21 @@ def delete_job(self, job_id: str) -> None:
                 raise RuntimeJobNotFound(f"Job not found: {ex.message}") from None
             raise IBMRuntimeError(f"Failed to delete job: {ex}") from None
 
+    def usage(self) -> Dict[str, Any]:
+        """Return monthly open plan usage information.
+
+        Returns:
+            Dict with usage details.
+
+        Raises:
+            IBMInputValueError: If method is called when using the ibm_cloud channel
+        """
+        if self._channel == "ibm_cloud":
+            raise IBMInputValueError(
+                "Usage is only available for the ``ibm_quantum`` channel open plan."
+            )
+        return self._api_client.usage()
+
     def _decode_job(self, raw_data: Dict) -> Union[RuntimeJob, RuntimeJobV2]:
         """Decode job data received from the server.
 
diff --git a/release-notes/unreleased/1794.feat.rst b/release-notes/unreleased/1794.feat.rst
new file mode 100644
index 000000000..5090811ab
--- /dev/null
+++ b/release-notes/unreleased/1794.feat.rst
@@ -0,0 +1,3 @@
+When running jobs on the open plan, there will now be a warning if the limit for the 
+maximum number of pending jobs has been reached. The service will also attempt to wait 
+for the oldest pending jobs to finish running before submitting a new job. 
\ No newline at end of file