I am new to fiverr since 29 days and have successfully completed 15 orders with 13 positive reviews 1 cancellation and 1 order unrated. My cancellation rate is 0% and overall rating is 98% as only 1 buyer rated me 4 stars. So i read many forums here saying that if you have less than 100% rating you wont get promoted to level 1 … Is it so?
No, you just need 4+ star rating, to be active for 30 days, 10 individual gigs sold and low cancellation rate. So I think you need to wait a day
Overall rating does affect you, but as @zeromark mentioned, it doesn’t have to be 100%. Check the Levels page for the exact rating requirements.