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Petal® Credit Card Review: Build Your Credit With a Fee-Free Card

February 11, 2021|
Petal® Credit Card Review

 The typical catch-22 in the credit card game. You need to have an established credit score in order to qualify for a credit card, but without a credit card it is somewhat difficult to start building your credit. This is where a card like Petal comes in. In this article we will give you a thorough Petal credit card review (Card is issued by WebBank, Member FDIC).

Here are some of the most important benefits of the Petal card:

  1. You can qualify even if you have little or no credit history.
  2. The card has NO FEES. That includes yearly, late or international fees.
  3. It has competitive APRs (The Petal card’s variable APRs range from 14.74%-25.74%).
  4. No security deposit required & cash-back offers.
  5. Potentially high credit lines (from $500 to $10,000).

Full Petal Credit Card Review:

  1. ANNUAL FEE: $0. Nothing. Nada.
  2. SECURITY DEPOSIT: $0. None. Nada.
  3. CREDIT LIMIT: $500 to $10,000, depending on creditworthiness.
  4. APR: The Petal card’s variable APRs range from 14.74%-25.74%.
  5. PENALTY APR: None.
  6. LATE FEES: $0. None. Nada.
  7. INTERNATIONAL FEES: $0. None. Nada.
  8. REWARDS: All Petal Card holders begin with 1% cash back on all eligible purchases. Their cash back percentage increases to 1.25% after a total of 6 on-time monthly payments and increases to 1.50% after a total of 12 on-time monthly payments.

Other Petal Credit Card Frequently Asked Questions:

A) Can I qualify if I have no credit history?

Petal is perfect for users with little or no credit history, this is one of its main advantages.

As part of our petal credit card review we also have to point out that if you do have a credit score, it will be reviewed and considered as part of the application process.

B) Does it help build my credit?

YES! Petal reports to all 3 credit bureaus. With responsible spending and on-time payments, you can grow your credit score.

Another thing we have to point out as part of our petal credit card review, is that the opposite will happen if you don’t make timely payments. So in order to positively impact your score, make sure to never miss a payment.

C) Can I qualify to better terms with a good payment history?

Another, YES! You start with a lower credit limit, but with a good history of on-time payments you can indeed get your limit raised. The credit limits Petal works with is from $500 to $10,000, so there’s definitely room to grow.

D) What are the requirements to apply & where to apply?

Great question! All you need to apply for a Petal credit card is the info below:

  • To be eligible for the Petal card, you must be at least 18 years old, have a social security number or ITIN, and have access to make payments from a U.S. bank account.


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