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The Petal® 1 "No Annual Fee" Visa® Credit Card is worth considering for people with limited credit histories or those who are building credit. There's no annual fee and cardholders can earn up to 10% cash back at select merchants. This card has several other perks that we like, and we'll cover them all in our Petal® 1 "No Annual Fee" Visa® Credit Card review.
Petal® 1 "No Annual Fee" Visa® Credit Card
Great for: Building credit
On Petal's Secure Website.
On Petal's Secure Website.
Intro APR
Purchases: N/A
Balance Transfers: N/A
Regular APR
24.24% - 33.74% Variable
Rewards
2% - 10% cash back at select merchants
Annual Fee
$0
The combination of cutting fees competitors charge, along with the opportunity to earn rewards, makes this a worthwhile card to consider when building credit.
This credit card is a good fit for: Consumers who haven't established a credit history yet or have a bad credit score due to some previous problems.
Petal makes the approval process as simple and stress-free as possible. People with complicated credit or with no credit history at all are eligible for the Petal® 1 "No Annual Fee" Visa® Credit Card. If you haven't established a credit history yet, you can link your bank accounts when you apply. Petal uses the payment information from your banking transactions to help decide whether to approve you. You can also see if you're likely to get approved for this credit card before you apply. Petal's pre-approval tool won't impact your credit score, so there's no risk to using it.
The best credit cards for building and rebuilding credit are no annual fee cards, and there's no annual fee for this Petal card. You can use it to improve your credit without it costing you.
When you use the Petal® 1 "No Annual Fee" Visa® Credit Card at participating merchants, you earn between 2% and 10% cash back on eligible purchases, depending on the merchant's specific offer. Petal's lineup of participating merchants currently includes over 20 national offers and over 500 local offers. The cash back rate with this card at participating merchants is excellent.
Learn more: Best Rewards Credit Cards
You won't need to pay extra if you use your Petal® 1 "No Annual Fee" Visa® Credit Card while you're traveling internationally. The lack of foreign transaction fees is a helpful perk we don't see very often from credit cards for bad credit.
Petal offers credit limits of $300 to $5,000 for the Petal® 1 "No Annual Fee" Visa® Credit Card. The benefit of a high credit limit is that it can helps you keep your credit utilization ratio down.
Read more: How to Build Credit Fast
Read more: Best Sign-Up Bonus Credit Cards
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Petal® 1 "No Annual Fee" Visa® Credit Card | Petal® 2 "Cash Back, No Fees" Visa® Credit Card | Discover it® Secured Credit Card |
Rating image, 4.00 out of 5 stars.
4.00 stars
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. |
Rating image, 4.00 out of 5 stars.
4.00 stars
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. |
Rating image, 5.00 out of 5 stars.
5.00 stars
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. |
Apply Now for Petal® 1 "No Annual Fee" Visa® Credit Card
On Petal's Secure Website. |
Apply Now for Petal® 2 "Cash Back, No Fees" Visa® Credit Card
On Petal's Secure Website. |
Apply Now for Discover it® Secured Credit Card
On Discover's Secure Website. |
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Rates & Fees | Rates & Fees | Rates & Fees |
Credit Rating Requirement:
Fair (300-669)
Falling within this credit range does not guarantee approval by the issuer. An application must be submitted to the issuer for a potential approval decision. There are different types of credit scores and creditors use a variety of credit scores to make lending decisions. |
Credit Rating Requirement:
Fair/New to Credit Under(669)
Falling within this credit range does not guarantee approval by the issuer. An application must be submitted to the issuer for a potential approval decision. There are different types of credit scores and creditors use a variety of credit scores to make lending decisions. |
Credit Rating Requirement:
New/Rebuilding Under(579)
Falling within this credit range does not guarantee approval by the issuer. An application must be submitted to the issuer for a potential approval decision. There are different types of credit scores and creditors use a variety of credit scores to make lending decisions. |
Welcome Offer: — |
Welcome Offer: — |
Welcome Offer: Discover will match all the cash back you’ve earned at the end of your first year. Cashback Match |
Rewards Program: 2% - 10% cash back at select merchants |
Rewards Program: Up to 1.5% cash back on eligible purchases after making 12 on-time monthly payments. 1% cash back on eligible purchases right away 1% - 1.5% cash back |
Rewards Program: 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter. 1% unlimited cash back on all other purchases - automatically 1% - 2% Cashback |
Intro APR: Purchases: N/A Balance Transfers: N/A |
Intro APR: Purchases: N/A Balance Transfers: N/A |
Intro APR: Purchases: n/a Balance Transfers: 10.99%, 6 months |
Regular APR: 24.24% - 33.74% Variable |
Regular APR: 17.24% - 31.24% Variable |
Regular APR: 27.24% Variable APR |
Annual Fee: $0 |
Annual Fee: $0 |
Annual Fee: $0 |
Highlights:
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Highlights:
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Highlights:
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Apply Now for Petal® 1 "No Annual Fee" Visa® Credit Card
On Petal's Secure Website. |
Apply Now for Petal® 2 "Cash Back, No Fees" Visa® Credit Card
On Petal's Secure Website. |
Apply Now for Discover it® Secured Credit Card
On Discover's Secure Website. |
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The Petal® 1 "No Annual Fee" Visa® Credit Card doesn’t earn cash back anywhere except participating merchants. That limits the value you'll get from it, especially compared to other cash back credit cards.
It's also disappointing when you consider that the Petal® 2 "Cash Back, No Fees" Visa® Credit Card offers cash back on purchases and up to 2% to 10% back with its merchant offers. The Petal® 1 "No Annual Fee" Visa® Credit Card likely doesn't have those same perks because it's an option for consumers who are rebuilding credit, whereas Petal's original card isn't.
Compare credit card rewards, fees, APRs, and more using our side-by-side comparison tool.
You're looking for your first credit card so you can start building credit, or you need to rebuild credit after missteps.
With its benefits, the Petal® 1 "No Annual Fee" Visa® Credit Card is one of the top credit cards for those with no credit, bad credit, or even fair credit. You don't need to pay a security deposit or an annual fee; you can get a high credit limit compared to other cards; and you'll earn impressive cash back rates at Petal's partner merchants.
Keep reading: Best Starter Credit Cards for No Credit
The credit limit for this card ranges from $300 to $5,000 depending on your creditworthiness.
Yes, you can get prequalified for the Petal® 1 "No Annual Fee" Visa® Credit Card. To check if you prequalify for that and other Petal credit cards, go to the Petal website to see offers and fill out their form. After you submit it, Petal will let you know if you prequalify for any of its cards.
This card's customer service gets mixed reviews. Some consumers like Petal's customer service, but others have found it unhelpful. Petal hasn't been evaluated by any big customer service studies yet, so it's difficult to say how it ranks compared to other card issuers.
Our Credit Cards Expert
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