Credit Cards

Petal® 1 “No Annual Fee” Visa® Credit Card review: is it legit and worth it?

So you're wondering if the Petal® 1 "No Annual Fee" Visa® Credit Card is legit and worth it? In this article, we'll take a look at the pros and cons of this card so you can make an informed decision.

by Julia Bermudez

04/21/2022 | Updated on 02/13/2023

Petal® 1 “No Annual Fee” Visa® Credit Card: Get a Petal Visa and start building your credit today!

Petal 1 Visa credit card — This minimalist design of the Petal® 1 “No Annual Fee” Visa® Credit Card. Source: The Mad Capitalist.

If you’re looking for ways to improve your credit score, take a look at the Petal® 1 “No Annual Fee” Visa® Credit Card. It doesn’t require a strong credit score and has no annual fee. You don’t have to make any security deposit and have the opportunity to earn rewards such as cashback.

But is is Petal 1 Visa card legit? In this article, we’ll take a closer look at the Petal 1 Visa and discuss whether or not it’s a good option for people with bad credit. Keep reading to learn more!

How do you get the Petal® 1 "No Annual Fee" Visa®?

If you need help to build a strong credit card, you can apply for the Petal® 1 "No Annual Fee" Visa® Credit Card. Learn everything about the application process here.

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Credit Score	Fair/Bad/Limited/No Credit
Annual Fee	$0
Regular APR	24.49% – 33.99% variable APR
Welcome bonus	No welcome bonus
Rewards	2% to 10% cashback at selected purchases

Petal® 1 “No Annual Fee” Visa® Credit Card: is it legit?

This card is issued by WebBank and comes with the Visa signature. The Petal 1 Visa credit card is a starter card, as you don’t need a great credit score to apply for it. You will build it by making responsible use of your card, paying your bills on time, and keeping a low utilization of your credit limit.

This credit limit will range from $300 up to $5,000 – it depends on your creditworthiness and other factors. They call it the “cash score”, considering your financial history and not just your credit score.

To get even better, you’ll pay no annual fee and have the chance to earn cashback on your purchases. The cashback rate of 2% up to 10% is for selected purchases. This cashback goes to your “cashback wallet,” and you can redeem them directly into your checking account.

Petal® 1 “No Annual Fee” Visa® Credit Card: should you get one?

woman using credit card to buy online — Use your Petal 1 Visa responsibly, and you’ll get an excellent credit score. Source: Freepik.

Before applying for a new credit score, you need to take a good look at the card features, benefits, terms, and conditions. Here, you can check some pros and cons of the this product:

Pros

$0 Annual Fee
Variable APRs range from 24.49% – 33.99%
$300 – $5,000 credit limits
Earn a credit limit increase in as little as 6 months. Terms and conditions apply.
No credit score? No problem. If eligible, we’ll create your Cash Score instead.
2% – 10% cash back at select merchants
See if you’re pre-approved within minutes without impacting your credit score.
No annual or foreign transaction fees.
Build credit alongside hundreds of thousands of Petal card members.
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

Cons

No welcome bonus.
Late payment fee of $40 for the second late payment.

Multiple personalized credit card offers

Applying won't hurt your credit score

You will be redirected to another website

Credit scores required

Petal will not look at your credit score to decide if you can have a credit card. They take other things into consideration too, so you don’t need a perfect credit score to apply for your Petal 1 credit card.

It can even be poor or fair, it doesn’t matter. It is not a guarantee that you will get this card, but you have a good chance.

Petal® 1 “No Annual Fee” Visa® Credit Card application: how to do it?

As with almost everything nowadays, you can get this card completely online, with no need to go anywhere with lots of papers on your hands. All you need is an internet connection and a device to use it, and you’re ready to go.

To get more detailed information about the application process, just continue on this site by reading the content below.

How to apply for the Petal® 1 "No Annual Fee" Visa

If you need help to build a strong credit card, you can apply for the Petal® 1 "No Annual Fee" Visa® Credit Card. Learn everything about the application process here.

Keep Reading

About the author / Julia Bermudez

Julia Bermudez is a writer here on this portal. Since childhood, writing has been a passion, and her curiosity for different subjects led to this profession. Julia has a degree in Cultural Production, and her subjects of most significant interest are health, finances, and self-development.