Getting exceeded your current quota error even when it shows i'm at 50%

Get this API error
429 You exceeded your current quota, please check your plan and billing details.

even though when I go to my Overview page it shows

August budget
$5.00 / $10

and it seems to have happened when I hit 50% exactly. I had an alert setup and received it and then suddenly started getting this error.

1 Like

Are you on correct page here?
This show your current credit balance.

Billing overview - OpenAI API

If it is 0 or less then 0, you should add credit.

If you are on following page, it is not a balance.
It is showing how you set your monthly limit.
To monitor “Did you spend less or more what you set for your monthly budget.”
Just for monitoring. It is not what you have in your pocket.
For example the user below, planned to spend $10 in August 2025, but they spent $24.42.

Limits - OpenAI API

The user consumed all previous credits, as you see below the red arrows show $0.00.
Last purchased credit was $60.00, but now user has $27.28 exact balance.

Billing overview - OpenAI API

2 Likes