Codex usage resets can now wait in a bank instead of being applied automatically. If Codex says you have hit a limit, check /usage before buying credits or waiting for the next scheduled reset.
A June 27 field check in Codex CLI v0.142.2 showed three usage-limit resets available. Applying one after both the five-hour and weekly meters were exhausted restored both meters on this account. That dual-meter result is an account-level observation, not a published guarantee for every plan or promotion.

Codex CLI v0.142.2 showing three banked resets. The reset is selected manually from /usage.
What OpenAI has confirmed
OpenAI announced rate-limit reset banking for eligible Plus and Pro users on June 11. The launch included one free reset for eligible accounts. A referral promotion then allowed eligible users to earn additional banked resets when an invited person completed their first qualifying Codex message.
The practical rules are narrower than “everyone gets three resets”:
- Eligibility and rewards can vary by plan, workspace, region, and promotion.
- A banked reset must normally be used within 30 days after it is granted.
- Resets are not API credits, cash, or a transferable balance.
- Referral rewards are granted only after the invited user completes the required action and passes eligibility checks.
- The initial Plus and Pro friend-referral window ran from June 11 through June 24, 2026. Resets earned during that window can remain usable after the promotion closes, subject to their expiration.
The screenshot proves that three resets can accumulate on an eligible account. It does not establish why each reset was granted or guarantee the same count for another user.
Why the behavior felt sporadic
There are two different mechanisms:
- Scheduled limits recover on their normal five-hour or weekly timetable.
- Banked resets remain available until the user applies one or it expires.
That distinction was easy to miss when resets appeared around the same time as normal usage recovery. The new /usage menu makes the bank visible and gives the user control over when to spend it.
The sensible workflow is to keep a reset banked while normal capacity remains available, then apply it only when an active limit blocks useful work. Because the reset expires, it is not permanent rollover capacity.
GPT-5.6 is not generally available yet
OpenAI also announced GPT-5.6 on June 26, but ordinary Codex users should read this as a limited preview, not a general rollout.
The new family has three tiers:
- Sol — flagship model
- Terra — balanced, lower-cost tier
- Luna — fastest and lowest-cost tier
During the preview, GPT-5.6 is available through the API and Codex only to a selected group of trusted partners and organizations. OpenAI says broader ChatGPT, Codex, and API availability is planned in the coming weeks.
If your Codex model picker still shows GPT-5.5, that is consistent with the published rollout status. A banked usage reset expands current Codex capacity; it does not grant GPT-5.6 preview access.
Bottom line
Run /usage when Codex reports a limit. You may have a reset waiting even if your five-hour or weekly meter has already recovered on its own. Treat the number of resets, their source, and their effect across limit windows as account-specific until OpenAI documents a broader contract.
Treat GPT-5.6 the same way: announced and real, but not yet a generally available Codex lane.
Sources
- OpenAI: ChatGPT release notes — June 11 Codex updates — reset banking, launch reset, referrals, and 30-day lifetime.
- OpenAI: Codex referral promotions — eligibility, redemption, expiration, and the distinction between resets and credits.
- OpenAI: Codex pricing and usage limits — five-hour windows, additional weekly limits, usage dashboard, and the June referral window.
- OpenAI: Previewing GPT-5.6 Sol — preview access, model tiers, and broader-availability status.
Related links
Last verified: June 27, 2026. Codex promotions, limits, commands, and model access can vary by account and change without a versioned public contract.