PETAL 1 no annual fee visa credit card Review

If your credit score is similar to the early phases of a compost pile, the Petal 1 Visa may be the catalyst you need to help sow the seeds of progress. It is possible that you will not be required to have a credit score in order to apply. A cash score, on the other hand, may be used to gauge your creditworthiness. This places it in a small group of cards that are offered to those with bad credit yet do not demand a security deposit. The Petal 1 Visa is especially appealing due to its lack of an annual fee and the possibility of earning rewards through Petal Offers, which might earn you 2% -10% cash back at select shops. It may not be the most lucrative cash back programme available, but it's unusual to find any kind of rewards programme on a credit card aimed for people with bad credit.

This needs your Attention!

• $0 Annual Fee
• $300 – $5,000 credit limits
• Earn a credit limit increase in as little as 6 months. Terms and conditions apply.
• No credit score? No problem. If eligible, we’ll create your Cash Score instead.
• 2% – 10% cash back at select merchants
• Variable APRs range from 19.99% – 29.49%
• See if you’re pre-approved within minutes without impacting your credit score.
• No annual or foreign transaction fees.
• Build credit alongside hundreds of thousands of Petal Card members.
• Petal’s mobile app makes it easy to manage your money, track your spending, and automate payments.
• Petal reports to all 3 major credit bureaus
• No deposits required
• Card issued by WebBank, Member FDIC

Advantages-

• No annual fee
• Opportunity to earn 2% to 10% cash back at select merchants
• Earn a credit limit increase in as little as 6 months. Terms and conditions apply.
• No foreign transaction fees when travelling outside the U.S.
• No security deposits required

Disadvantages-

• No welcome bonus
• Rewards are limited to select merchants
• No introductory APR offer

At a glance-

Other advantages include:

• Payments were reported to TransUnion, Equifax, and Experian, the three major credit bureaus.
• Tools for account management and budgeting are available via an app (iPhone and Android) or a mobile-optimized website. For example, you can see exactly how much it will cost in interest to carry a balance if you don't pay in full before making your monthly payment.
• Benefits of Visa cooperation include theft coverage and roadside assistance. Petal also accepts Visa Local Offers, which is a method to earn Uber credits.
• Card type: Starter and alternative.
• Annual fee: $0.
• Security deposit: None.
• Sign-up bonus: None.
• Rewards: Up to 10% cash back when you use the card to make purchases with select merchants.
• APR: The ongoing APR is 19.99% - 29.49% Variable APR.
• Penalty APR: None.
• Credit limit: $300 to $5,000, depending on creditworthiness.
• Foreign transaction fee: None.

Contact Details of PETAL 1 no annual fee visa credit card

• Help with your application- support@petalcard.com
• Customer support-support@petalcard.com
  1-855-697-3825
• Mail payments to:- Petal
  P.O. Box 1150
  New York, NY 10008-1150
• Support Hours- Monday - Friday: 8:00 am EST- 10:00 pm EST
  Saturday: 9:00 am EST- 6:00 pm EST
  Sunday: Closed