AWS Node Template root volume type

I have a cluster on AWS (based on RancherOS nodes) which is primarily running Java applications. Those cause pretty significant disk load during startup, which gets me in trouble with my burst iops credits.

Is there a way to launch an instance with a magnetic root volume using the AWS cloud provider? I don’t care that it’s a bit slower, as long as my nodes don’t lock up when some pods are recreated. Unfortunately creating an AMI with a magnetic root volume doesn’t work, after launch it’s still gp2.