OpenAI Assistant API - Error 429

I have free tier access at the moment and trying to play around with the Assistants API. Even after creating a new API I am getting the following error:

[OpenAI API error 429: “You exceeded your current quota, please check your plan and billing details”]

You need credits in your account. There’s no free tier access. Or, your free credits are expired.

Welcome to the forum.

If we create a new account, do we get any free credits to test the APIs?

Nope, you will not receive any more free credits.