Reverse-engineering Codex credit limits

Starting from the Codex pricing page and rate card: GPT-5.4 costs 62.5 credits per 1M input tokens vs $2.50 on the API. 2.50/62.5 = $0.04 per credit. This holds for cached (0.25/6.25), output (15/375), and other models.

The usage tables show Plus has 100 max GPT-5.4 messages per 5h, 350 max GPT-5.4-mini, 150 max GPT-5.3-Codex. The legacy rate card gives approximate credit costs: ~7, ~2, ~5 respectively. 100×7 = 350×2 ≅ 150×5 = 700-750 credits. Using 750 as the baseline: $30/5h.

Pro 5× upper limits are exactly 5× Plus (500 vs 100, 1750 vs 350, 750 vs 150), so 3,750 credits/5h. Pro 20× is 15,000. The current promos make $100 effectively 10× (7,500) and $200 effectively 25× (18,750) until May 31 2026.

Weekly limits aren't published ("additional weekly limits may apply"). Assuming 6 maxed sessions hit the weekly cap, and 4.33 weeks/month:

Plan Credits/5h Credits/month API equiv/month
Plus ($20) 750 19,485 $779.40
Pro $100 (5×) 3,750 97,425 $3,897
Pro $200 (20×) 15,000 389,700 $15,588
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