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Petal® 2 “Cash Back, No Fees” Visa® Credit Card full review: should you get it?

Meet the Petal® 2 “Cash Back, No Fees” Visa® Credit Card, an option to build your credit by earning up to 10% cash back and an incredible limit of up to $10,000.

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Petal® 2 “Cash Back, No Fees” Visa® Credit Card: an annual fee-free card that gives you up to a 10% bonus while you build your credit

Petal® 2 “Cash Back, No Fees” Visa® credit card
Learn all about the Petal® 2 “Cash Back, No Fees” Visa® credit card. Source: Petal®

A minimalist-looking card issued by a young company founded in 2016. In fact, the Petal® 2 “Cash Back, No Fees” Visa® credit card is much more than that!

Petal logo

Petal® 1 “Cash Back, No Fees” Visa® card: check out how to apply!

Apply for Petal® 2 “Cash back, No Fees” Visa® card to build your credit with up to $10,000 limit. Click to learn how to get this card.

In addition to re-solving the way you select customers, this card offers rewards while you build your credit. Stay with us and read a full review of this card.

Credit ScoreExcellent/Good/Limited/No Credit
Annual Fee$0
Regular APRFrom 17.99% – 31.99% (variable)
Welcome bonusNone
Rewards1% cash back on eligible purchases right away. Up to 1.5% cash back on eligible purchases after making 12 on-time monthly payments

Petal® 2 “Cash Back, No Fees” Visa® Credit Card: learn more about this financial product

In fact, you’ve heard of credit scores. However, do you know what a “cash score” is? This is a revolutionary way that Petal® has developed to evaluate potential customers for its cards.

Instead of just looking at your credit score, this company created a new indicator. This is calculated from your monthly income minus after paying your bills. So, the more “cash left over”, the higher your cash score.

This score will be decisive for anyone applying for the Petal® 2 “Cash Back, No Fees”. This is a completely free card with an interesting cash back program.

In addition, there is a bonus cashback of up to 10% on products from specific brands (offers can vary). Among them:

  • Adidas;
  • Charlotte Tilbury;
  • Costco Wholesale;
  • Shake Shack;
  • TOMS.

In addition, this is a card that informs your payment to the main credit agencies. So you can build your credit while earning rewards.

Petal® 2 “Cash Back, No Fees” Visa® features

Man holding credit card and smartphone; orange background
Learn more about the card’s pros and cons! Source: Adobe Stock.

Now that you know a little more about the Petal® 2 “Cash Back, No Fees” Visa® card, take a look at the list below. In fact, these present the main advantages and disadvantages that this card offers:

What are the benefits? 

  • Free of fNo fees whatsoever. No late fee, foreign transaction fee, annual fee, or any-other-kind-of-fee, fee.
  • Variable APRs range from 17.99% – 31.99%
  • Up to 1.5% cash back on eligible purchases after making 12 on-time monthly payments.
  • 1% cash back on eligible purchases right away
  • 2% – 10% cash back at select merchants $300 – $10,000 credit limits
  • No credit score? No problem. If eligible, we’ll create your Cash Score instead.
  • See if you’re pre-approved within minutes without impacting your credit score.
  • Build credit alongside hundreds of thousands of Petal card members.
  • Petal reports to all 3 major credit bureaus.
  • No deposits required
  • Card issued by WebBank

And what are the drawbacks?

  • Higher rewards are limited to shopping at specific brands and establishments;
  • No introductory APR period or welcome bonus;
  • It does not offer cash advances or balance transfers;

What credit score do you need to get the Petal® 2 “Cash Back, No Fees” Visa® Credit Card?

In fact, the Petal® 2 Visa® credit card is not a card that prioritizes your credit score. Thus, it is possible that you are entitled to have this card even with bad/fair credit.

How does the Petal® 2 “Cash Back, No Fees” Visa® card application process work?

It is possible to apply for the Petal® card without leaving home. To find out how, click on the link below and check out how the application process works:

Petal® 2 “Cash Back, No Fees” Visa® credit card

Petal® 1 “Cash Back, No Fees” Visa® card: check out how to apply!

Apply for Petal® 2 “Cash back, No Fees” Visa® card to build your credit with up to $10,000 limit. Click to learn how to get this card.

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