P5X Banners & Release Schedule — Current and Upcoming

Persona 5: The Phantom X banner schedule, current featured units, gacha rates and pity, plus a full reroll guide for the best start.

Last Updated: August 13, 2026

P5X Global Banners & Release Schedule — Current and Upcoming

The current P5X banner as of August 2026 features Wavecatcher Miyu, a 5★ Phantom Thief on the Most Wanted Phantom Idol Contracts banner, running until August 13, 2026 as part of Version 4.6's summer event. P5X rotates limited banners roughly every 2-3 weeks, with a permanent standard banner (Phantom Idol Draft) and a beginner banner (Phantom Thieves of Hearts) that guarantees a 5★ pick after 50 pulls.

This guide tracks the live banner, explains the gacha rates and pity system, lays out the release schedule, and gives you a step-by-step reroll plan for the best possible start. For the roster itself, see our P5X characters guide; for free currency, the codes guide explains why there are no active codes right now.

Persona 5: The Phantom X gameplay screenshot from the Steam store page.
Persona 5: The Phantom X gameplay screenshot from the Steam store page.

Per the official Persona5: The Phantom X news page, Version 4.6 (released July 30, 2026) added the 5★ Phantom Thief Wavecatcher Miyu to Most Wanted Phantom Idol Contracts through August 13, 2026, alongside the Haunted Beach Shack: Menacing Maw from the Murky Marine summer event.

Current and Recent Banners (August 2026)

Banner Featured units Runs until Notes
Most Wanted Phantom Idol Contracts 5★ Wavecatcher Miyu Aug 13, 2026 Version 4.6 limited banner; 50/50 + 110-pull hard pity
Phantom Idol Draft X Rotating draft pool Permanent Version 4.6 added a draft pool with bonus Crystal Cognigems on dupes
Phantom Idol Draft Standard pool Permanent Costs 1 Gold Ticket per pull
Phantom Thieves of Hearts Ann / Ryuji / Morgana selector Permanent (beginner) 50 pulls → pick one 5★ (all three are original Persona 5 Phantom Thieves); also grants Cattle via Lufel's Plan

Recent banners that just ended: the 1st Anniversary Celebration (June 25 – July 30, 2026) ran login campaigns and a "Miracle Concert" collab event, and Version 4.0 (May–June 2026) added main-story Chapter 4 "The Masks We Wear" with Shoki Ikenami (Luce) as a free canon recruit and Manaka Nagao (Ange) as a limited 5★ — per RPG Site's 4.0 coverage.

Global is running an accelerated schedule

The Global/SEA servers launched in June 2025 with content from the China release already queued up, so the banner order is a sped-up version of the CN/TW timeline rather than an identical copy. Trackers like Lufel.net's release schedule and Game8's banner history are the best community sources for what's next.

How the Gacha Works — Rates and Pity

  • Guaranteed 4★ every 10 pulls on every banner.
  • 5★ guaranteed at 80 pulls — if your 5★ isn't the featured unit, the next 5★ is guaranteed to be the featured one (the standard 50/50 system).
  • Hard pity at 110 pulls on featured banners ("110 Guaranteed Pull") — per Hardcore Gamer's banner breakdown and Pocket Tactics' gacha guide.
  • Two ticket types: Gold Tickets (standard/beginner banners) and Platinum Tickets (limited banners). 1,500 Meta Jewels convert to one Platinum Ticket.
  • Arms Deals is the parallel weapon banner for signature weapons.
  • Duplicate 5★ pulls beyond the 8th copy now convert to Crystal Cognigems (Version 4.6), which buy limited-shop items.

Release Schedule and Cadence

New characters have shipped every 2 weeks from launch until Version 4.0, and every 3 weeks after that (confirmed by the Lufel.net schedule tracker). The pattern: each Version update brings one main-story Phantom Thief and one or two limited Phantom Idols. Notable upcoming/recent additions on the Global timeline include Persona 3 Reload collab content (already live on CN/TW as the P3R banner), Virtuoso-class units like Justine and Caroline, and seasonal variants of existing characters (summer outfits, Hatsune Miku collab in 4.4).

Rerolling in P5X — Worth It, and How

Rerolling in P5X takes 20-30 minutes per attempt, so it's only worth it if you want a specific 5★ on the standard pool. The step-by-step, per Eurogamer's reroll guide and DualShockers' walkthrough:

  1. Start as guest — do NOT bind your account to Google/Apple/SEGA yet; you can't reroll once bound.
  2. Complete the tutorial — skip cutscenes; you reach free-roam in Shibuya and unlock Contracts in roughly 20-30 minutes.
  3. Claim everything — pre-registration mail (20 standard pulls), level-10 rewards and dailies add up to ~32 pulls, enough for four multis on the beginner banner.
  4. Pull the beginner banner first — it costs only 8 Gold Tickets per multi, and after 50 pulls you pick a free 5★ (Ann, Ryuji or Morgana).
  5. Evaluate and reset — if you didn't get your target, go to Settings → Account → Log Out/Delete, restart, and login as guest again. Mobile allows up to ~100 accounts per device; on Steam it's slower and not recommended.
Who to target when rerolling

Ann (Panther) is the consensus best free selector pick — high AoE fire damage plus a self-buff that fits every team (Destructoid's analysis). From limited/standard banners, the top reroll targets are Joker (limited, best DPS in the game at launch), Yaoling Li (Rin) (standard 5★ curse debuffer who pairs with Joker), Morgana (best healer) and Fleuret (strong 4★ single-target DPS). Current-version tier lists on Game8 and PCGamesN push Wavecatcher Miyu, Hatsune Miku, Tempest Riko and Ange as the top Crown-tier units to save for.

Frequently Asked Questions

What is the current banner in Persona 5: The Phantom X? As of August 2026, Version 4.6's Most Wanted banner features 5★ Wavecatcher Miyu until August 13, alongside the Haunted Beach Shack summer event and a new Phantom Pass season.

How does the P5X gacha pity system work? A 4★ is guaranteed every 10 pulls and a 5★ every 80 pulls, with a 50/50 on the featured unit — lose it and the next 5★ is guaranteed featured. Featured banners also carry a 110-pull hard pity.

Should I reroll in P5X and who should I target? Rerolling costs 20-30 minutes per attempt; it's worth it for Joker (limited), Yaoling Li (standard 5★) or Ann from the beginner selector. Skip it if you don't mind starting with the guaranteed free units.

How often do new P5X characters release? Every 2 weeks until Version 4.0, then every 3 weeks — roughly two new units per version update.

What is the best free 5-star pick in P5X? Ann Takamaki (Panther) from the beginner banner's 50-pull selector — she's the strongest of the three options (Ann, Ryuji, Morgana) as a flexible AoE fire DPS.

Official resources: Persona5: The Phantom X news page · P5X Steam page · RPG Site — Version 4.0 update · Game8 — P5X banner schedule · Eurogamer — P5X reroll guide

Last Updated: August 13, 2026

SPONSORED ADVERTISEMENT
RECOMMENDED CONTENT

More Persona 5 Guides

Persona 5 Characters — Every Phantom Thief Explained

All Persona 5 characters explained: real names, codenames, Personas, Arcana, Royal additions and voice actors for every Phantom Thief.

Persona 5 Locations & Map — Every Tokyo District Explained

Persona 5 map and locations guide: every Tokyo district from Yongen-Jaya to Kichijoji, what each area offers, and every Palace explained.

Persona 5 Logo — Official Designs, Royal & Fonts Guide

The Persona 5 logo explained: the red-and-black wordmark, the Royal gold subtitle, where to download official logo files, and the fonts behind the UI.

Persona 5 MC — Who Is the Main Character, Canon Name & More

The Persona 5 MC (main character) explained: Joker's canon name Ren Amamiya vs Akira Kurusu, his Persona Arsène, voice actors and the P5X protagonist Wonder.

Persona 5 Merchandise — Official Store Guide & Buying Tips

The best official Persona 5 and Royal merchandise: figures, Morgana plushies, apparel, art books and collector's editions, and where to buy them.

New Game Plus Persona 5 — What Carries Over & NG+ Guide

Persona 5 and Royal New Game Plus: what carries over (social stats, money, compendium, equipment), what resets, NG+ exclusives like Satanael, and trophy tips.

Persona 5 Review: Scores, Verdict & What Critics Said

Persona 5 review roundup: Metacritic 93, IGN 9.7 and what critics loved and hated, plus how the 2026 versions hold up.

Persona 5 Royal Steam Deck — Performance & Settings Guide

Persona 5 Royal on Steam Deck: performance at 60 FPS, best settings for battery life, resolution scaling tips, and ProtonDB community verdicts.