Credit cards can be a valuable tool for managing finances and building credit. With so many options available, it can be challenging to find the right one. This complete Petal 2 credit card review will explain options and help you decide if this unique option is one you should consider.

Happy woman on computer with credit card. This Petal 2 Credit Card Review can help you decide if it is a good option to meet your financial needs.

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One of the best no annual fee cards, especially if you're focused on building credit, is the Petal® 2 "Cash Back, No Fees" Visa® Credit Card, issued by WebBank.

In this Petal 2 Credit Card review, you will find that this is an innovative card that offers a range of benefits.

Unlike other credit cards that rely solely on credit scores to determine approval, Petal uses a unique approval process that considers other factors such as income and expenses.

This approach enables more people to qualify for the card, even those who are new to credit or have less than perfect credit scores.

Petal 2 Credit Card Review: Features

One of the most significant benefits of the Petal 2 Credit Card is its features. The card offers cashback rewards on purchases, ranging from 1% to 1.5%.

Additionally, the card has no annual fees, late fees, or foreign transaction fees. It also provides a range of security features to protect cardholders against fraud.

Cardholders also receive a respectable cash back rate on qualifying purchases and are rewarded with higher cash back earnings for using their cards responsibly.

Approval Process

The approval process for the Petal 2 Credit Card is advantageous compared to standard credit cards.

Rather than relying solely on credit scores, Petal considers various factors such as income, expenses, and financial history.

This approach allows Petal to qualify more people for the card and can be particularly helpful for those who are new to credit.

Keep in mind that you must be ready to let Petal link to your main bank account in order to join.


The Petal 2 Credit Card has no annual fees, late fees, or foreign transaction fees, in fact no fees of any kind.

Interest Rates

Like other credit cards, the Petal 2 Credit Card has interest rates. However, these rates can vary depending on the cardholder's creditworthiness.

For those with excellent credit, the interest rates can be as low as 12.99%. For those with lower credit scores, the interest rates will be higher.

However, Petal offers tools and resources to help cardholders improve their credit scores, which can ultimately lead to lower interest rates.

Credit Score Benefits

The Petal 2 card's program plants the seeds for responsible financial conduct. They help you improve your credit score.

The rewards offered include an automatic 1% cash back on eligible purchases. Specific retailers will give you cash back between 2 and 10%. They will be loaded up on your Petal app based on your zip code. Ultimately, you will also earn up to 15% cash back on all qualifying purchases.

So, after making 12 timely monthly payments, Petal really helps brighten up your credit profile while you enjoy tangible incentives.

In fact, they offer tools and resources to help cardholders monitor their creditworthiness throughout the process.

Additionally, payments are reported to all three major credit bureaus, which helps diligent users build their credit history.

The other side of the coin is that a Petal card is not available to you if you have filed for bankruptcy within the last 48 months. Likewise, Petal states that, if rejected, you are ineligible to reapply for at least 30 days after receiving their decision.

How to Redeem Your Cash Back

1% of every Petal 2 credit card purchase rewards is automatically deposited into your Cash Back Wallet the following billing cycle.

The Cash Back Points can be redeemed for statement credits up to the balance at the time of redemption.

When you have more than $20 available for redemption, you can call the issuer and ask for ACH transfer to a bank account or a physical check.

Credit Limits

Petal 2 Credit Card credit limits range from $300 to $10,000 depending on your creditworthiness at the time of approval.

However, unlike most bank credit cards that make you ask for a credit limit increase, Petal periodically reviews every cardholder’s account for possible credit limit increases.

Don’t forget to maintain a favorable credit utilization ratio (typically no more than 30% of overall available credit).

Also, if credit limit is an issue when applying for the card, the balance in the bank account that you link to the card can also help you obtain a higher limit.

Don’t Think You Qualify For The Petal 2 Credit Card?

If you're reading this Petal 2 credit card review thinking you won't qualify, you may be happy to see there is another option they offer.

The Petal 1 Card is your best option if you don’t believe you’ll qualify for the Petal 2 Card.

The Petal 1 card caters to applicants with bad to fair credit and also has no annual fee. It does charge late fees and returned payment fees but you still get 2 to 10% cash back at select local and national merchants, and a path to credit limit increase.

Petal 1, Petal 1 Rise (another option), and Petal 2 are generally considered as some of the best credit card options for those without a strong credit history.

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