Petal 1 Visa Card Review

Build credit with zero annual fees and up to 10% cash back at select merchants—no credit history needed.

The Petal 1 Visa Credit Card offers a refreshing approach to building or rebuilding credit. Unlike many entry-level cards, Petal 1 doesn’t charge any annual, late, or foreign transaction fees—and it’s accessible even for applicants with little or no credit history.

Using modern underwriting methods that go beyond credit scores, Petal 1 evaluates income, expenses, and banking history to determine eligibility. This makes it a practical and inclusive option for individuals seeking to establish financial stability while earning rewards along the way.

Transparent, Flexible, and Rewarding

1. No Annual Fee

The card charges no annual fee, making it cost-effective from day one. You won’t be penalized for simply having the account open. This fee-free structure is ideal for users focused on building credit without increasing their financial burden.

2. No Credit History Required

Petal 1 is designed for people with limited or no credit history. Approval doesn’t depend solely on a traditional credit score. Instead, the card uses alternative data—like bank activity—to assess risk, giving more people access to credit.

3. Earn Up to 10% Cash Back

Users can earn up to 10% cash back when shopping with select local and national merchants. Offers are updated regularly in the app. This rewards program encourages spending at partner stores while putting money back in your pocket.

4. Reports to All Major Bureaus

Petal 1 reports to Experian, Equifax, and TransUnion. Timely payments and responsible use help improve your credit profile over time. It’s a valuable way to build a positive payment history and boost your financial reputation.

5. Credit Limits from $300 to $5,000

Approved applicants may receive a credit line based on their financial profile—ranging from modest to flexible limits. This helps users control spending while still having enough credit for everyday purchases or emergencies.

6. No Foreign Transaction Fees

Use the card while traveling internationally without incurring additional charges. It’s an ideal companion for those exploring abroad. The lack of foreign fees supports affordable global purchases and vacations.

7. Mobile App Access

Track spending, set payment reminders, and manage your account directly through the Petal app. It’s user-friendly and designed for mobile-first customers. This digital convenience simplifies money management and builds positive financial habits.

8. Modern Credit Assessment

Petal uses a “Cash Score” that factors in your income, bills, and bank history—helping those without credit get a fair evaluation. It’s especially helpful for freelancers, students, and gig workers who may not fit traditional credit molds.

9. No Deposits Required

Unlike many starter cards, Petal 1 is unsecured—meaning there’s no deposit to tie up your money. This makes it more flexible than secured cards for users who don’t have spare cash for upfront collateral.

Qualification Requirements

• U.S. Residency: You must be a U.S. citizen or permanent resident with a valid Social Security number or ITIN.
  
• Minimum Age: Must be at least 18 years old (or 19 in some states) to apply for credit.
  
• Bank Account Access: You may be required to link a checking account so Petal can evaluate your income and spending.
  
• No Recent Bankruptcies: A clean financial record in recent months improves the likelihood of approval.
  
• Regular Income Source: Applicants should have a verifiable source of income to support monthly payments.
  
• Smartphone or Computer: Since the process is entirely digital, access to a device and internet is essential.
  

How to Apply for the Petal 1 Visa Card

• Go to Petal’s Website: Start by visiting the official Petal website and selecting the Petal 1 product page.
  
• Check for Preapproval: Use the soft-check tool to see if you’re likely to qualify without affecting your credit score.
  
• Complete the Full Application: Submit your personal, financial, and employment details through their secure online form.
  
• Link Your Bank Account: You may be prompted to securely link your bank to provide alternative data for underwriting.
  
• Review and Accept Terms: Once approved, review the offered terms and accept your credit limit and APR.
  
• Access Your Account: Once active, manage your card through the Petal app or online dashboard.
  

Frequently Asked Questions

1. Is Petal 1 a secured credit card?
No. Petal 1 is an unsecured card, meaning there’s no deposit required to access your credit line.

2. Can I apply without a credit score?
Yes. Petal evaluates your application based on banking activity and income if you have little or no credit history.

3. Where can I use the Petal 1 Card?
It’s a Visa card, so you can use it anywhere Visa is accepted—in-store, online, and abroad.

4. Are there late payment or foreign transaction fees?
No. Petal 1 does not charge late fees or foreign transaction fees.