The evolution of ornaments as sexually selected signals is well understood in males, but female ornamentation remains understudied. Fairy wrens offer an excellent model system, given their complex social structure and mating systems, and the diversity of female ornamentation. We investigated whether early molt into ornamental breeding plumage plays an adaptive role in females of the monogamous purple-crowned fairy wren Malurus coronatus, the only fairy wren known to have female seasonal plumage. Using 6 years of monitoring, we found that the timing of female molt was similar to males, but there was no evidence for assortative mating. Like males (previous study), older and dominant individuals acquired their breeding plumage earlier; however, in contrast to males, early molt did not seem to be costly since unfavorable environmental conditions or previous reproductive effort did not delay molt. Early female molt was not associated with any indicator of reproductive quality nor did it attract additional offspring care by their partners. We also found no association between early molt and the likelihood of acquiring a dominant (breeding) position or with the presence or proximity to same-sex rivals. Our study results, which are similar to previous findings in conspecific males, suggest that directional selection for early molt might be relaxed in this species, in contrast to other genetically polygamous fairy wrens in which early molt predicts extrapair mating success in males. However, the finding that molt timing is status dependent raises the possibility that other attributes of the ornament may fulfill an adaptive function in females.