Credit Cards

Up to 10% back: Petal® 1 “No Annual Fee” Visa® Credit Card review

Responsible use of this impressive card not only saves you money, but also contributes to your credit score. Learn more about the Petal® 1 “No Annual Fee” Visa® Credit Card!

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Pay $0 annual fee

Petal® 1 “No Annual Fee” Visa® Credit Card
Up to 10% back: Petal® 1 “No Annual Fee” Visa® Credit Card review. Source: Ok Save Money

Are you tired of paying annual fees for your cards? Look no further than the Petal® 1 “No Annual Fee” Visa® Credit Card, so check our review and learn more.

Petal® 1 “No Annual Fee” Visa® Credit Card

Apply for Petal® 1 “No Annual Fee” Visa® Card

Learn now how to apply for the Petal® 1 “No Annual Fee” Visa® Credit Card and rebuild your credit score with no annual fee!

This impressive card not only saves you money but also helps you build credit with responsible use. Further, check its features!

Credit ScoreFair/No Credit Score;
Annual Fee$0 Annual Fee;
Purchase APRInterest rates might fluctuate between 24.99% and 34.49%;
Cash Advance APRN/A;
Welcome BonusN/A;
RewardsGet a cash refund of between 2% and 10% at a number of local and national retailers.

Petal® 1 “No Annual Fee” Visa® Credit Card overview

If your credit report looks like a compost pile just starting to decompose, the Petal 1 Visa may be the spark you need.

Indeed, good credit isn’t necessary to apply. Instead of using a traditional credit score, Petal calculates a “cash score” based on your banking data.

Thus, this makes it one of the few cards available to people with poor credit who do not need to provide a security deposit to open an account.

The Petal 1 Visa has a lot going for it, including no annual fee and the chance to earn incentives with Petal Offers, such as cash back at certain stores.

Petal® 1 “No Annual Fee” Visa® Credit Card main features

Portrait of a beautiful young African American woman with blond curly hair wearing lilac clothes holding a credit card with clipping path, looks away, thinking about purchases, isolated over pink wall
Petal® 1 “No Annual Fee” Visa® Credit Card main features. Source: AdobeStock

Indeed, Petal’s Cash Offers are one way to earn rewards. The cash-back rate varies from 2-10% at different stores.

Before deciding on Petal as your new credit card, take a look at its benefits and drawbacks below.

Pros 

  • There are no setup, maintenance, or yearly costs charged;
  • There is no need to put down a deposit;
  • Get a refund of 2% to 10% at participating stores;
  • Build credit in no time.

Cons

  • There is no way to transfer your balance.

Minimum credit score to apply

Indeed, there is no minimum credit score required for this card.

How to apply for the Petal® 1 “No Annual Fee” Visa® Credit Card?

Furthermore, if you’re looking for a credit card with no annual fee that helps you build your credit score, the Petal® 1 Visa® Credit Card might just be the one for you.

Further, check out our next post and learn how to apply for this card.

Petal® 1 “No Annual Fee” Visa® Credit Card

Apply for Petal® 1 “No Annual Fee” Visa® Card

Learn now how to apply for the Petal® 1 “No Annual Fee” Visa® Credit Card and rebuild your credit score with no annual fee!

About the author  /  Giovanna Klein

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