Petal 2 Visa Credit Card 2021 review

The Petal 2 credit card, which has no annual fee, is a good option for anyone with a good credit history. It's one of the only no-annual-fee credit cards available to those with bad credit that may earn up to 1.5 percent cash back, making it a unique find among unsecured credit cards designed to help people develop credit. The Petal 2 card's reward structure sows the seeds of responsible payment behaviour. On qualified purchases, you'll get 1% cash back to begin with. You'll get 1.25 percent cash back after six months of on-time payments. If you make on-time payments for another six months in a row, your earnings rate will increase to 1.5 percent cash back. Plus, if you buy with certain merchants through Petal Offers, you could get 2% to 10% back on your purchase.

At a Glance-

• Earn 1% cash rewards on eligible purchases with the ability to earn up to 1.5%
• APR range: 12.99% – 26.99%
• No foreign transaction fees
• No welcome bonus
• Balance transfers and cash advances not permitted
• No annual fee, account opening or maintenance fees
• Available to those with limited or no credit history
• Credit limits from $500 to $10,000

Major highlights –

• Variable APRs range from 12.99% to 26.99%.
• Thousands of Petal Card members can help you build credit.
• Cash flow technology may be able to assist candidates with no credit history in obtaining approval.
• Petal's mobile app makes it simple to manage your finances, keep track of your spending, and set up automatic payments.
• Check your credit score and see if you're pre-approved in minutes.
• Petal sends credit reports to all three major credit bureaus.
• There are no deposits necessary.
• Web Bank, an FDIC-insured financial institution, issued the card.
• There are no charges at all. There are no late fees, foreign transaction fees, annual fees, or any other fees.
• After making 12 on-time monthly payments, you can get up to 1.5 percent cash back on eligible purchases.
• On qualified purchases, you'll get 1% cash back straight immediately.
• Cash return ranging from 2% to 10% at chosen shops
• Credit limits range from $500 to $10,000.

Advantages-

• No fees: no annual fee, no foreign transaction fee, no late fee, no over limit fee
• No security deposit
• No credit history required

Disadvantages-

• No intro APR offer
• No cash advances or balance transfers
• Applicants with a damaged credit report may not qualify

At a glance-

• There are no yearly fees, account opening fees, or account maintenance expenses.
• Those with a bad credit history or no credit history can apply.
• Limits range from $500 to $10,000.
• On qualified purchases, earn 1% cash back with the possibility of earning up to 1.5 percent.
• Range of APR: 12.99 to 29.99 percent
• There are no costs for international transactions.
• There is no welcome bonus.
• Cash advances and balance transfers are not permitted.

Contact details of Petal 2 credit card-

Contact Number - 1-855-697-3825
Email- support@petalcard.com 
NOTE- Petal’s customer service team is available Monday to Friday, 8 am to 10 pm ET, and Saturdays from 9 am to 6 pm ET.

How do I cancel Petal 2 Visa credit Card?

You can close your account by calling at 1-855-697-3825. Don’t forget to cancel any automatic charges or subscriptions!