Petal 2 Cash Back Visa® Credit Card

Petal 2 Cash Back Visa® Credit Card was ranked on Money.com as one of this year's top credit cards. Read more from nationally recognized credit card expert, Jason Steele or see if you qualify by clicking "Apply Now" below.
Best for
Earning Rewards with Low Credit
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Petal® 2 "Cash Back, No Fees" Visa® Credit Card

Intro Bonus
n/a
Annual Fee
$0
Credit Level
no credit to good
From
The Expert
Jason Steele
Why Apply?
This is your chance to earn 1% cash back on all eligible purchases, which increases to 1.5% after 12 on-time monthly payments. Plus, it's one of the few cards offered with no fees for anything.
I Think You'll Love
Earning cash back on all eligible purchases, and paying no fees whatsoever.
Pros
  • 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. 
Cons
  • Cash back rewards aren't as strong as some premium cards for people with excellent credit. 
ABOUT THIS CARD

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. 

4 things informed consumers need to know:
  1. Get enough credit cards to keep the balance on each one below 30% of its limit.
  2. Pay on time, use cards sparingly and keep your accounts open.
  3. Don’t apply for too many cards at once. Do 1 today, again in 6 months, etc.
  4. More cards mean a wider variety of points and benefits.

Jason steele
The Expert
Jason Steele

Analysis is brought to you by nationally recognized credit card expert Jason Steele, who has appeared in publications such as:

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