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

This is a cashback credit card issued by WebBank, Member FDIC. If you're wondering whether Petal Visa Credit Card is the right card for you, read on. This review will provide you with with all the details you need to make a good choice.

• Generous reward rate. You will get a maximum cashback rewards rate of up to 10%.
• See if you're pre-approved within minutes without impacting your credit score.
• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR that ranges from 19.99% up to 29.49%.
• No annual fee*. This is a great option for people looking for a low-maintenance cashback card. It gives you cashback on your eligible purchases, but you don't have to pay an annual fee for the privilege.
• No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
• Poor credit accepted. This card will consider people who have bad credit. Even if you have poor credit, you may still have relatively good approval odds.

The Good	The Bad
No deposits required No annual fee. Considers applicants who don't have a credit history. No foreign transaction fee. Petal® 1 "No Annual Fee" Visa® Credit Card reports to multiple credit bureaus.	Higher than average purchase APRs. Does not offer a signup bonus. Does not include many credit card benefits.

Does Petal Visa Credit Card have a cash back or rewards program?

No, it does not offer a rewards program. This is a cashback card, which means you earn a percentage of your purchases as cash back rewards at select merchants.

What are the relevant APRs for Petal Visa Credit Card?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has higher than average regular APRs.

Petal® 1 "No Annual Fee" Visa® Credit Card has a variable purchase APR that ranges from 19.99% up to 29.49%.

What are the fees for Petal Visa Credit Card?

The following fees apply:

Petal Visa Credit Card Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	0%
Returned Payment Fee	$29
Late Payment Fee	$29 - $40

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost cashback card.

Does Petal® 1 "No Annual Fee" Visa® Credit Card report your account activity to credit bureaus?

Yes, Petal® 1 "No Annual Fee" Visa® Credit Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply for Petal Visa Credit Card

• Visit the Petal Visa Credit Card website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.