Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.
- Bob Haegele, TimeThe Petal 2 Visa Credit Card provides 1% to 1.5% cash back on every purchase—a perk that is uncommon among cards for credit builders. It also earns 2% to 10% cash back from select merchants. While it’s light on other benefits, it’s worth a look if you are still working to improve your credit.
- Reena Thomas, BankrateDespite the Petal® 2 Visa®’s limited cardholder benefits, it stands out as an excellent tool for credit builders. With no annual fee and a solid cash back rate, this starter card has a lot to offer.
- Lyle Daly, The AscentA leading option among credit cards for building credit. The rewards program and lack of fees are standout perks in this category.
- Melissa Lambarena, Chanelle Bessette, NerdWalletYou'll get rewards, plus you'll get simplicity and transparency — not to mention a pass on security deposits and fees.
- Brian Martucci, Money CrashersThe Petal 2 Card is one of the best entry-level cash-back credit cards on the market. Notable benefits include the opportunity to earn up to 10% back on select purchases, a nontraditional framework that requires no FICO score, and the potential for high initial credit limits.
Interest Rates | |
---|---|
Regular APR Interest Rate | 18.24% ‐ 32.24% (Variable) |
Balance Transfer Interest Rate |
Balance Transfers Not Allowed |
Cash Advance Interest Rate |
Cash Advances Not Allowed |
Rates & Fees | |
Annual Fee | $0.00 |
Balance Transfer Fee | |
Cash Advance Fee | |
Foreign Transaction Fee | 0% |
Over Limit Fee | $0.00 |
Late Payment Fee | $0.00 |
Promotions | |
Sign up bonus | No |
Rewards | |
All Purchases |
1% cash back
|
Restaurants | No |
Gas | No |
Groceries | No |
Hotels | No |
Travel | No |
Pharmacy | No |
Bills | No |
Features & Benefits | |
Additional Card Holders | No |
Travel Accident Insurance | No |
Car Rental Insurance | No |
Car Rental Discount | No |
Extended Warranty | No |
Purchase Protection | No |
Zero Liability | No |
No Foreign Transaction Fees | Yes |
Emergency Assistance | No |
Concierge Service | No |
Price Protection | No |
Fraud Protection | No |
Free Credit Scores | Yes |
Wireless Payments | No |
Virtual Cards | No |
Additional Benefits |
|
Eligibility | |
Minimum Security Deposit | $0 |
Minimum Age | 18 |
Minimum Personal Income | |
Temporary Residents | No |
More | |
Additional comments | - |
Terms & Conditions | Official Terms & Conditions |
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.
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