Credit Cards » Credit Card Reviews » Petal® 2 “Cash Back, No Fees” Visa® Credit Card Review 2021
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Petal® 2 “Cash Back, No Fees” Visa® Credit Card Review 2021

Petal 2 card is a great choice for people who want to build their credit up, enjoy decent rewards and skip card annual fees .

We may receive compensation from companies that appear on this page. This may impact how and where products appear on a page (including, for example, the order in which they appear). It doesn’t affect our unbiased editors’ opinions. our opinions are our own.

Table of Contents

Petal 2 Visa Credit Card offers you the benefits of a rewards card, no fees attached. This card does not charge annual fees, maintenances fees, foreign transaction fees, over limit fees, late payment fees or any kind of fee. It is a great choice for people who want to build their credit up without forgoing rewards. These rewards are offered as cash backs which will increase depending on your level of financial responsibility.

While using this card does not attract any direct fees, users who have a habit of defaulting in monthly payments will not get the best value out of this card. Considering that the upper limit of the APR is high, poor account management may have you paying considerably higher than you would expect to.

Petal 2 Card

On Petal's Secure Website

Rewards Plan

Up to 1.5% cash back

Sign up Bonus


0% Intro





12.99% - 26.99% Variable

Annual Fee


Balance Transfer Fee


Credit Requirements


The ideal Petal 2 Visa Credit Card user is a young adult, recent graduate or anyone who hasn’t yet built up a solid credit score. This is not a pass for those who have damaged credit, however. A bad credit history may result in your card not being approved.

Petal 2 Visa Credit Card offers a reasonable credit limit for the value it provides. If your application is approved, you are allowed a minimum credit limit of $500 and a maximum of $10,000.

A drawback to the Petal 2 Visa Credit Card is that it does not permit you to make balance transfers or cash advances on it. If you’ve also recently filed for bankruptcy, you should steer clear of this card for a while (at least 48 months) if you want a shot at owning one in the future. If you apply before this timeframe passes despite the restriction, you become permanently ineligible to apply for the card.

Card & Issuer Reputation

  • 3.6/5  on WalletHub customer reviews (+300 reviews): WalletHub customer reviews allow customers to post positive, negative, or neutral reviews about marketplace experiences.
  • 3.3/5  on CreditKarma customer reviews (+200 reviews): CreditKarma customer reviews allow customers to post positive, negative, or neutral reviews about marketplace experiences.
  • J.D Power offers the most comprehensive and independent study of customer satisfaction of card issuers . The study aims to help consumers and issuers to understand user opinions and ratings of the largest bands. It covers terms, benefits, services, communication, rewards and more. WebBank, the issuer of the petal 2 card, wasn't rated in the 2020 research.

J.D. Power U.S. Credit Card Satisfaction Study 2020


Let’s take a look at the advantages of this card and see if it’s the right one for your wallet or not.

Petal 2 Visa Credit Card does not charge you for owning the card. No hidden maintenance fees attached and you can shop international without worrying about incurring extra charges. Late payments, return payments, and over limits do not attract fees either. A true “no fee” card!

Unlike some cards which apply a penalty APR to your card if make a late payment or one that gets returned, the Petal 2 Visa Credit Card does not.

You are not required to make any deposits to get access to all of the benefits of a Petal 2 Visa Credit Card. This feature makes it rank high among credit cards targeted at similar users.

You may earn up to 1.5% cash back every time you swipe. You begin using your credit card with a 1% cash back offer on all eligible purchases. This gets raised to 1.25% on purchases following 6 timely monthly payments. Your cash back offer rises to 1.5% after if you make 12 monthly payments on time. This cash back may be as high as 2-10% if you patronize select merchants.

This is valuable to you if you are trying to build credit. Sharing your credit card activity with the three major credit bureaus can help you build your credit quickly as long as you show financial responsibility. Make your monthly payments on time and always keep your account in good standing to reap the benefits of this.


Let’s take a look at the disadvantages of this credit card and see if it’s the right one for your wallet or not.

Unlike many credit card issuers, Petal does not offer you an introductory rate on your Petal 2 Visa Credit Card. The variable APR of 12.99-26.99% applies to you from the minute you begin using the card.

Your Petal 2 Visa Credit Card does not support the transfer of balances from other credit cards. You also do not get cash advances. 

How to Apply for Petal 2 Credit Card?

Here are the steps you should talk on Petal website if you would like to apply for Petal2 credit card:

Application for the Petal 2 is not done directly. You need to submit a pre-approval request to confirm if you are eligible for any of their card offers. While passing the pre-approval process does not guarantee you will be issued for a Petal 2 Visa Credit Card, it is especially useful because it allows them to evaluate you without hurting your credit score in the process.
To begin this application, visit the Petal 2 Visa Credit Card website. Click on “The Cards” from the top of the page. Select “Petal 2” to get started.  On the page that opens, click “See My Offers”. 
You must verify your phone number via call or text before proceeding.
Start by providing your email address. 

Next, provide your full name. Middle name is optional. After this, you will be asked to enter your date of birth. Enter your housing information. Select your housing type and fill in the cost of your monthly housing payment.

Enter your social security number or individual tax identification number so Petal can verify your identity. Next, provide information about your income:
Enter your gross annual income (before taxes). This amount should include any other source of income besides your job. Investments, retirement benefits, rental properties, and allowance from family all count.
Click next to continue by providing your employment status and primary income type.

Fill your permanent home address on this form. All fields are required, including your Apt/Suite. This is the last form in the pre-approval request. Before rounding up, you may choose to provide information about how you heard of Petal. Answering this is optional.

Finally, agree to the terms of the Electronic Communications Disclosure and provide Petal consent to evaluate you for multiple Petal credit products. After this, you’re set to see your pre-approval credit card offers. Link your bank account to continue. This is done so WebBank can evaluate your financial responsibility before deciding to approve you. WebBank is the lender backing your Petal 2 Visa Credit Card.
Petal uses Plaid to link your bank account securely. Plaid guarantees your credentials will not be made available to Petal.

Is it the right card for you?

No fees whatsoever. And you still get rewards. If you have fair credit, this card is a really good choice. It offers you the perks of a rewards card without asking much in return.

The pre-approval process is quick and does not hurt your credit history, even if you don’t get approved. This means you may still try if you’re not sure where you stand with your credit.

If you have a stellar credit rating, this card’s rewards may not be the best value for you. You may want to find more generous cards.

Credit Card Reviews Methodology

In order to determine the best possible credit cards, we look at things like fees, interest rates and rewards. We do this with companies that are associated with us as partners as well as other offerings. From there, we make a decision about what the best card is related to different categories and needs. We focus on interest rate cost & fees, especially the cost of carrying a balance, rewards – cards accumulate rewards in different currencies—points, miles, cash back—and their values vary widely usability – cards that accept a wide range of credit profiles and offer simple solutions for things like checking your credit score or contacting. We also consider customer reviews.

We look at cards related to good or excellent credit ratings that will then provide a range of different benefits and improvements for someone who has these scores. We also look at low fees when it comes to those who have lower credit scores.