- Pay no fees, including annual fees, late fees and foreign transaction fees.
- Earn 1% cash back on eligible purchases right away, and up to 1.5% cash back after making 12 on-time monthly payments.
- Earn 2% -10% cash back from select merchants.
- You can be approved with little or no credit history.
- Cash back rewards aren't as strong as some premium cards for people with excellent credit.
This card is ideal for credit card users who don't have perfect credit and want to earn cash back rewards, without having to worry about paying any fees. Petal is an innovative start-up card issuer that uses cash flow technology to help applicants without credit history get approved. Their new Petal 2 "Cash Back, No Fees" Visa® Credit Card is designed for those with a limited to good credit history to enjoy cash back while paying no fees at all. You can earn 1% cash back on eligible purchases right away, and up to 1.5% cash back after making 12 on-time monthly payments. Petal also offers 2% - 10% cash back on purchases from select merchants.
New accounts will receive credit limits between $300 and $10,000, and you never have to pay an annual fee, late fee or foreign transaction fees. Also, Petal's mobile app makes it easy to manage your money, track your spending, and automate payments. And if you're not sure if you'll be approved, you can request pre-approved within minutes without impacting your credit score. If you want to be rewarded with additional cash back for making on-time payments, and you don't want to pay any fees, the Petal 2 "Cash Back, No Fees" Visa® Credit Card could be right for you.
