Petal® 1 "No Annual Fee" Visa® Credit Card

Petal® 1 "No Annual Fee" Visa® Credit Card

on Petal's website

Petal® 1 "No Annual Fee" Visa® Credit Card

Petal® 1 "No Annual Fee" Visa® Credit Card

Petal® 1 "No Annual Fee" Visa® Credit Card

on Petal's website

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Card details

  • $0 Annual Fee

  • 2% - 10% cash back from select merchants

  • $500 - $5,000 credit limits

  • Variable APRs 19.99% - 29.49% APR

  • No annual or international transaction fees. Late and returned payment fees may apply

  • Build credit alongside tens of thousands of Petal Card members

  • Cash flow technology may help applicants without credit history get approved

  • Petal's mobile app makes it easy to manage your money, track your spending, and automate payments

  • Petal reports to all 3 major credit bureaus

  • No deposits required

  • Card issued by WebBank, Member FDIC

Rates, fees & offers

  • Annual fee

    $0

  • Rewards rate

    2%-10%

  • Bonus offer

    None

  • Intro APR

    N/A

  • Ongoing APR

    APR: 19.99% - 29.49% Variable APR

  • Foreign transaction fee

    None

Recommended credit score

Compare to other cards

NerdWallet rating 
NerdWallet rating 
NerdWallet rating 
Annual Fee

$0

Annual Fee

$95

Annual Fee

$0

Regular APR

19.99% - 29.49% Variable APR

Regular APR

15.99% - 22.99% Variable APR

Regular APR

12.99% - 22.99% Variable APR

Intro APR

N/A

Intro APR

N/A

Intro APR

0% intro APR for 18 billing cycles on purchases and on any balance transfers made within 60 days of account opening

Recommended Credit Score
Recommended Credit Score
Recommended Credit Score

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NerdWallet review

By Melissa Lambarena

Rating details

3.9

Editor's overall rating

Pros and cons

Pros
  • No annual fee

  • No security deposit

  • Potential for rewards

Cons
  • Certain fees apply

  • Permanent minimum payment due date

The $0-annual-fee Petal® 1 "No Annual Fee" Visa® Credit Card is a solid choice to begin or continue building credit. It’s designed for those with a weak cash flow or less-than-ideal credit history.

The card's issuing bank can consider more than just traditional FICO scores to determine your creditworthiness. It uses Petal’s algorithm to review banking data that offers a full view of your income, savings and spending. You won't need to put down a security deposit to qualify.

Compared with unsecured credit cards for bad credit, the card is light on fees: no annual fees, activation fees or monthly maintenance fees. In fact, cardholders can avoid fees entirely by paying their bill on time. And they can also earn rewards.