Petal 1 And 2 Visa Credit Cards Review

Petal takes a new, non-scary approach to credit. When you apply for a Petal card, the company uses your banking history to create something called a Cash Score. This is a measure of creditworthiness that is based on your spending, savings, and income. You can qualify for a Petal card even if you don’t have credit.

There are two Petal Visa cards available: Petal 1 and 2. The Petal 1 card comes with no annual fee, credit limits of $500 to $1,000, and 2% to 10% cash back at select locations. Petal 2 offers 1% to 1.5% cash back, no fees, and credit limits of up to $10,000. For more information, check out our Petal 1 and 2 Visa credit cards review below.

What is Petal?

Petal is a modern finance company whose goal is to bring financial opportunities and innovation to everyone. According to the their website, banks used to own their customer’s banking history. This means that when you switched banks, your history would not be able to come with you. Petal seeks to change this. They use modern technology and new regulations to ensure that your banking history belongs to you and not the banks. Petal has created new possibilities for how people manage their money and apply for credit.

Petal knows that traditional credit scores don’t tell the whole story. Banks often overlook millions of data points that can be used to help a user get approved. Petal analyzes your banking history and transforms this information into what they call a Cash Score, which is an alternative measure that can be used to determine creditworthiness. Your Cash Score is based on your spending history, savings, and income. It allows more people to get approved with better rates and can be used to help people who have never had credit before get the credit they need.

Petal is dedicated to helping its customers build credit, not debt. After your approval, they will give you all the tools you need to build a positive credit history. You can also track your score. Its send your financial information to all three credit reporting agencies. This ensures that your credit score will be uniform across the board. Making timely payments each month is the best way to build credit. Plus, Petal allows you to set a budget and freeze your account at any time. They offer two different credit cards that you can use to build credit in an affordable way.

What Does Petal Offer?

Petal offers two different Visa credit cards: Petal 1 and 2. The cards are issued by WebBank, Member FDIC.

The Petal 1 Visa credit card has no annual fee. However, you may still have to pay late or returned payment fees. The card comes with a credit limit of $500 to $5,000 and APRs range from 19.99% to 24.49%, based on your Cash Score. Your Cash Score is a measurement of your creditworthiness. It’s based on factors such as your bank history, savings, and income. These are often overlooked components of credit that banks don’t use. The card also comes with 2% to 10% cash back at select merchants.

The Petal 2 Visa credit card is a rewards card with no fees. It comes with 1% to 1.5% cash back on select purchases. You’ll also get a credit limit of $500 to $10,000 with an APR that ranges from 12.99% 26.99%. The Petal 2 Visa credit card is the company’s most advanced card. It allows you to build credit without paying any fees. You will get 1% cash back on purchases right away and you can earn up to 1.5% cash back when you pay on time. Plus, you can get 2% to 10% bonus cash back at some merchants.

Here is a side-by-side comparison of the two cards:


Petal 1 Visa Card:

  • No annual fee (you may still have to pay late fees or a returned payment fee)
  • 2% to 10% cash back at select merchants
  • Cash back is not available on all purchases
  • APRS: 19.99% to 29.49%
  • Can qualify without credit

Petal 2 Visa Card:

  • No fees (no annual fees, international fees, or late or returned payment fees)
  • 1% to 1.5% cash back (plus other cash back rewards)
  • Cash back available on all purchases
  • Credit limit: $500 to $10,000
  • APR: 12.99% to 26.99%

Petal Card Visa Benefits

Both cards come with all the benefits of a regular Visa card. Here are some of the benefits of a traditional Visa card:

Cardholder inquiry services

this feature provides phone support for general questions or service information to all cardholders. You can call a toll-free number and connect to a Visa customer service member 24 hours a day, 365 days a year.

Auto rental car collision damage waiver

this feature allows you to get auto coverage for damage from a collision or theft. You must use your Petal Visa card to pay for your rental car and decline the collision damage waiver offered by the rental company.

Zero liability policy

this feature protects you if your card is lost, stolen, or used fraudulently. You won’t be held responsible for unauthorized transactions as long as you report your card lost or stolen in a timely manner.

Lost or stolen card reporting

you can call Visa as soon as you realize your card is lost or has been stolen and they will help you with the necessary steps. Visa will help you freeze your account, send you a new card, and track any potentially fraudulent activity. They will also help you get money while you are waiting for your new card to arrive.

Emergency cash disbursement and card replacement

this feature will block your credit card number and connect you with your bank if your card is lost or stolen. Visa will also send you an emergency replacement card within three business days or you can arrange for cash to be available for you at a location that your bank approves within hours.

Roadside dispatch

this policy provides you with assistance if you break down on the side of the road, run out of gas, or need assistance due to an accident. You’ll get standard towing of up to 5 miles, tire changing (you must have a spare tire in good condition), jump starting, lockout service (key replacement is not available), fuel delivery of up to 5 gallons plus the cost of fuel, and standard winching.

Additionally, your Petal card is accepted anywhere in the world that Visa is. This makes the Petal credit card an excellent card to travel with. Plus, there are no international fees associated with the Petal 2 card and you’ll get cash back on every purchase when you travel.

How Do The Petal Credit Cards Work?

Whether you go with the Petal 1 or 2 card, you can fully manage your account online with the Petal app. Both cards report your financial activity to the three credit reporting agencies, meaning that both cards will help you build credit. Plus, you don’t need to have credit to qualify. Petal looks at things other than your credit score to determine your creditworthiness. Petal makes the credit-building process easy. All you have to do is make all payments on time and Petal will do the rest.

Both cards offer cash back. However, the Petal 1 card only offers cash back (2% to 10%) at select merchants while the Petal 2 card offers cash back (1% to 1.5%) everytime you swipe your card. The Petal app also alerts you to popular subscriptions that are being charged to your account so that you can unsubscribe from them and save money if you aren’t using them. For example, if you have a recurring Amazon, Netflix or Spotify subscription, Petal will highlight these so you can make the judgment call. You can also enroll in autopay so that you never miss a payment.

Petal Credit Cards: Pros and Cons

Petal takes a unique approach to building credit that traditional banks don’t consider. Most customers will like that they use your Cash Score (a collection of your savings, income, and spending habits) to determine your creditworthiness. This means that you can qualify even if you don’t have credit or your credit score isn’t where you want it to be. Petal also reports your financial activity to all three major credit reporting agencies, not just one or two.

You can pick between the Petal 1 and 2 cards. Both cards allow you to boost your credit, as long as you pay on time. However, the Petal 2 card is the better option, especially if you already have good credit. You’ll get a higher credit limit, lower APR, and cash back every time you swipe your card. Plus, there are no fees whatsoever. The Petal 1 is still a great card if you don’t qualify for the Petal 2 card. There is no annual fee and you’ll get a credit limit of up to $5,000. Petal 1 is an ideal card for first time users who need to establish credit history.

Here are more pros and cons to consider:


  • Your financial activity is reported to all three major credit reporting agencies (may companies only report to one or two)
  • provides tools that you can use to track your payments, set a budget, and calculate interest
  • looks at factors other than your credit score to approve you, such as your savings, income, and banking history
  • You can use the credit card to boost your credit score quickly (as long as you make timely payments each month)
  • There are no fees (no annual fees, international fees, or late or returned payment fees for the 2 card; 1 card is subject to late fees or returned payment fees)
  • offers two different credit cards that you can choose from based on your needs
  • You will get cash back every time you swipe your card (up to 1.5% with the 2 card)
  • The credit limit for the 2 card is $10,000 (the 1 card credit limit is $5,000)
  • Your account can be fully managed online through the Mobile app
  • You can set up autopay so that you never miss a payment
  • Petal does not penalize you for late or returned payments
  • You can get approved even if you have no credit
  • You’ll get all the benefits of a Visa credit card


  • The APRs for both cards are a bit steep. This is especially true of the Petal 1 card (19.99% to 29.49%). However, you can avoid paying interest by making all payments in full on their due date. This is also the best way to boost credit.

Petal Credit Cards vs. Other Credit Cards

When compared to other cards in its class, the Petal credit cards have several benefits, including no fees, a higher credit limit, and cash back rewards. For example, the Capital One Platinum Mastercard does not indicate the credit limit on their website. The card also has annual fees or other fees to be aware of. The Mission Lane Classic Visa has a lower credit limit than the Petal cards ($300 to $1,500). Additionally, it comes with several fees.

The Petal credit cards can help you boost your credit score because they report to all three credit bureaus. Plus, you don’t have to have a credit score to qualify. The Petal credit cards also don’t charge annual fees and you’ll get cash back every time you use the Petal 2 card. However, other cards might offer a better APR, but you’ll likely need to have good credit to secure these rates. Choose the Petal card if you need a cash back card, do not have good credit (or any credit at all), and want to boost credit while making everyday purchases.

How To Apply

Petal is standing by to help you make a decision if you’re unsure which card is right for you. You can enter your phone number into the company’s website and they will contact you either by phone or text. You can also prequalify on the website for free without affecting your credit score.

Once you apply, you’ll want to download the Petal app to your phone or smart device. This is how you’ll manage your account. You can make payments through the app, contact support, and view your information all in one spot.

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CreditNervana promises to keep our information as accurate and up-to-date as possible. However, you should always consult a financial advisor for specific questions about personal or business finances and investment opportunities, especially if you are looking in your area. Working with a trained professional who is familiar with your case is a safe and guaranteed way to make the best investment decision possible. Please review our terms and conditions before making any decision based on the information we provide. Financial institutions are constantly changing. Because of this, it’s a good idea to cross check the information you read here with any company you are considering working with.


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