Petal® 2 Visa® Credit Card review
In this review, we’ll show you how you can earn cash back rewards and build a solid credit score without worrying over fees with the help of a Petal® 2 Visa® Credit Card.
Petal® 2 Visa® Credit Card: Build a strong credit rating without worrying about fees!
When you’re on a path to building or rebuilding your credit score, getting a good credit card and using it responsibly is a solid alternative. With no fees, the Petal® 2 Visa® Credit Card stands out amongst the rest.
Issued by WebBank, Member FDIC, the Petal® 2 Visa® Credit Card provides all cardholders with the opportunity to focus on building or rebuilding their ratings.
With this card, you won’t have to worry about any kind of fees – ever. Plus, you’ll be able to earn cash back rewards on eligible purchases for everyday spending. Check some of its features below:
- Credit Score: You can apply even with a limited credit history.
- APR: The APR varies between 16.74% – 30.74% based on your creditworthiness.
- Annual Fee: There is none.
- Fees: There are no fees on this card.
- Welcome bonus: This card offers no welcome bonuses.
- Rewards: You can get up to 10% cash back on selected merchants. 1% cash back on all other eligible purchases. You can upgrade to 1.5% cash back on eligible purchases after making 12 consecutive payments.
So, are you ready to earn while building a better financial future for yourself? Then keep reading our review and see how adding the Petal® 2 Visa® Credit Card to your wallet can help you.
Petal® 2 Visa® Credit Card: is it a good card?
Issued by WebBank, the Petal® 2 Visa® Credit Card has a worldwide acceptance for online and in-person shopping. There are no monthly, annual or foreign transaction fees, which makes this card a valuable companion overseas or for international purchases.
You can check if you pre-qualify in just a few minutes with only a soft pull on your credit score. People of all credit levels are welcome to try for pre-qualification.
The variable APR ranges between 16.74% – 30.74% and is based on creditworthiness.
WebBank reports all monthly payments to the three main credit bureaus, so this is a solid card for building or rebuilding credit if you use it responsibly and don’t carry a balance from month to month.
The Petal® 2 Visa® offers all cardholders up to 10% cash back on eligible merchants plus 1% cash back on eligible purchases.
You can increase that cash back to 1.5% by making 12 consecutive and on-time payments for 12 months.
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Petal® 2 Visa® Credit Card: should you get one?
There are many benefits to this card, especially if you’re new to credit and are looking to build a solid score. However, there are a couple of drawbacks that might impact your decision to apply.
See the pros and cons below in our Petal® 2 Visa® Credit Card review.
The card charges no fees
- With the Petal® 2 Visa®, you won’t have to worry about any kind of fees. No annual, monthly, maintenance, foreign or late fees.
Great starting credit line
- You can get a credit limit between $300 and $10,000 based on your creditworthiness. No security deposit needed.
Build or rebuild a solid credit score
- WebBank reports all payments to the three main credit bureaus in the U.S. Responsible use and on-time payments will help you boost your score.
Get rewarded for spending your money
- You can get up to 10% cash back on selected merchants, plus 1% on eligible purchases right away.
There are only a couple of disadvantages of owning this card, but we can safely say that the pros outweigh the cons. With the Petal® 2 Visa®, you won’t get any intro offers.
Plus, you can’t do balance transfers, and there’s no introductory APR either. So it’s important to avoid carrying a balance.
What is the required credit score?
You can apply for a Petal® 2 Visa® Credit Card even if you have a limited credit history.
However, if you’re not sure whether the card is available to you, you’re welcome to try for a pre-qualification without harming your credit score.
Petal® 2 Visa® Credit Card application
If reading this review got you interested in applying for this card, we can help you do so. Just follow the link below and we’ll give you a complete walkthrough of the application process.
Getting your Petal® 2 card is easy and you can do it online in just a few minutes. Read on to learn more!
About the author / Aline Barbosa
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