Wrong Credit Expiration Date

I got a credit grant for $1,000 on January 31, 2025, but the expiration date shows June 29, 2025. The credit grant is suppose to be 12-month period.

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If you purchased, yes.
But If it was promotional it may have different expiration dates.
Was it from this?

Yes, it was from Researcher Access Program.

Also, I have a monthly cap of $120 for the account. Do you know how I can increase this limit?

From what I know, usage tiers depend on how much you have spent.

But in your case, I suppose you received some kind of email with more details when you got approved? Perhaps there you can find more information as it is a special credit.

If not, you will probably need to open a support ticket.

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Hi, welcome to the community!

Current information looks updated on 2/3/2025, and it initiates credits for 12 months.

But, when you received credits on 1/31/2025, probably you applied updated on 11/4/2024 conditions.

On that update there is no any clear info about when credits will be expired.

My suggestion, go to following link and sign in OpanAI API platform on with your account:

https://platform.openai.com/docs/api-reference/introduction

Click on help from left sidebar on the bottom Help.
And, continue to chat OpeanAI team to ask about your grants: