Petal® 2 Visa® Credit Card full review

If you a looking for a card to keep up your path on rebuilding credit, take a look at our Petal® 2 Visa® Credit Card review.

What do I need to know about the Petal® 2 Visa® Credit Card?

When building your credit history, the Petal® 2 “Cash Back, No Costs” Visa® Credit Card is the best choice for avoiding fees.

Unlike many starting cards, this one does not have an annual charge or needs a security deposit.

Additionally, WebBank, Petal’s issuing bank, can consider factors other than merely the conventional FICO ratings to assess creditworthiness.

The bank has an algorithm that may consider factors including expenditure, savings, and income.

Even a cash-back rewards scheme equivalent to that on cards for persons with good to exceptional credit is available with this card.

So the Petal® 2 “Cash Back, No Fees” Visa® Credit Card is a good option if you want to develop your credit while simultaneously collecting rewards for your good behaviors.

So keep reading and pay to learn more about this card that perhaps can be the next on your wallet

How does the Petal® 2 Visa® Credit Card works?

Consider the Petal 2 credit card, which has no annual charge, if you are building a fair credit history.

It is an unusual specimen among unsecured credit cards intended to help people establish credit because it is one of the only no-annual-fee cards offered to people with fair credit that also has the ability to provide up to 1.5% cashback.

The Petal 2 card’s rewards program plants the seeds for smart financial behavior. After making 12 on-time monthly payments, you’ll earn up to 1.5% cash back on qualifying purchases.

You’ll immediately get 1% cash back on eligible purchases. Earn between 2% and 10% cash back at specific retailers.

The Petal 2 card is no exception to the rule that every rose has its thorns. You won’t be qualified for a Petal card if you’ve declared bankruptcy within the last 48 months.

Additionally, Petal indicates that you are ineligible to reapply for at least 30 days after obtaining their decision if you were unaware of that regulation and were rejected.

However, now that you know about it, we can consider that this thorn isn’t able to hurt you.

You must be willing to let Petal link to your main bank account in order to allow it to learn more about your payment history if your credit history isn’t harmed, just nonexistent.

There are cards that won’t require that kind of access, but it’s not an uncommon practice among issuers that extend credit to people just starting to develop a credit score.

Petal® 2 Visa® Credit Card Benefits

Good for credit building

All three major credit bureaus receive information about Petal 2 card usage.

As you make on-time payments on your debts, you can improve your credit score and earn more cash-back incentives.

Additionally, you may manage your finances with Petal’s mobile app and get a free credit score to monitor your progress.

No fees at all

“Cash Back, No Fees” Petal® 2 Cardholders of Visa® Credit Cards are not charged. Consequently, there will be no annual fee, late fee, international transaction fee, or any other fee.

Additionally, if you make a late payment, you won’t be assessed a penalty APR (although paying late can affect your credit scores).

Merchant transaction fees and interest on revolving balances are how the business makes money.

If you pay your payment in full each month, you can avoid incurring interest fees. Your credit ratings will remain strong if you make your payments on time.


The Petal® 2 “Cash Back, No Fees” Visa® Credit Card’s 1.5% maximum cash-back rate is comparable to the ongoing rate on venerable cards like the Capital One Quicksilver Cash Rewards Credit Card and the Chase Freedom Unlimited®.

Even the base rate of 1% is better than what you’ll get on most starting cards, but you’ll need to make on-time payments for a year to reach the top rate.

How to apply for the Petal® 2 Visa® Credit Card?

If you go interested, check out how to apply for this card right away!

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