Everything You Need to Know About the Petal® 2 "Cash Back, No Fees" Visa® Credit Card

If you're looking for a credit card that helps build credit, earns cash back, and avoids costly fees, the Petal® 2 "Cash Back, No Fees" Visa® Credit Card is one of the best options available. Whether you're new to credit or rebuilding your financial profile, the Petal 2 card stands out for its modern approach and user-friendly benefits. This card is issued by WebBank, Member FDIC, and is designed to be both accessible and rewarding.

Overview of the Petal 2 Visa® Credit Card

The Petal 2 card is a no-annual-fee credit card aimed at people who want to earn rewards without the burden of fees or complex terms. Unlike many traditional credit cards, Petal uses alternative data—such as your banking history—to help determine creditworthiness, making it a great choice if you have little or no credit history.

Key Features:

• No fees whatsoever – No annual fee, late fee, foreign transaction fee, or over-limit fee.
• Cash back rewards – Earn 1% cash back on eligible purchases right away, which can increase up to 1.5% after making 12 on-time monthly payments.
• Bonus cash back – Earn 2% to 10% cash back at select merchants through the Petal Offers program.
• Credit limits range from $300 to $10,000, based on your credit profile.
• Reports to all three major credit bureaus – Equifax, Experian, and TransUnion.
• APR – Variable APR ranging from 18.24% to 32.24%, based on creditworthiness.

Who Should Consider the Petal 2 Card?

The Petal 2 Visa is ideal for:

• Young adults and students who are building credit for the first time.
• People without a FICO® score but who have a stable income and bank account.
• Consumers tired of hidden fees and confusing terms.
• Anyone who wants rewards without an annual fee.

Petal’s modern underwriting approach means even those who have been turned away by traditional credit card companies may have a chance of approval. It’s a card that combines simplicity, fairness, and technology.

Cash Back Rewards Explained

Petal 2 offers a unique incentive: a growing cash back rate. Here's how it works:

• 1% cash back on all eligible purchases as a starting point.
• Up to 1.5% cash back after 12 months of on-time payments.
• 2%–10% cash back at select retailers with Petal Offers (these rotate and are available in the app).

Unlike many reward cards, there’s no cap on the cash back you earn on everyday purchases, and you don’t need to track categories or enroll in bonus programs.

Modern, Tech-Savvy Experience

The Petal 2 card was built with digital-first users in mind. The mobile app gives you access to:

• Real-time spending tracking
• Cash flow insights and budgeting tools
• Subscription tracking
• Payment reminders and autopay setup

The app is available for both iOS and Android and provides an intuitive, clean interface that makes managing your money easier than ever.

No Fees—Seriously

Most credit cards charge for something—whether it’s an annual fee, a late payment fee, or a foreign transaction fee. The Petal 2 card breaks that mold by offering:

• $0 annual fee
• $0 late payment fee
• $0 returned payment fee
• $0 foreign transaction fees

This no-fee structure makes the card especially appealing for people who want to use credit responsibly without worrying about costly penalties.

Build Credit Responsibly

The Petal 2 card is also a tool to help you build or rebuild your credit score. Because Petal reports to all three major credit bureaus, your positive payment behavior and responsible use can help improve your credit score over time.

The card also includes a feature called Petal Leap, which allows users to set goals and get access to credit limit increases for positive habits.

How to Apply for the Petal 2 Visa® Credit Card

Applying is simple and can be done entirely online in minutes. Here's the step-by-step process:

1. Go to the official Petal website: https://www.petalcard.com
2. Click on "Check Your Offer" – This will perform a soft credit check (no impact on your score).
3. If pre-approved, proceed with the full application by providing your:
   • Full name
   • Address
   • Date of birth
   • Social Security Number or ITIN
   • Employment and income details
4. Optionally, you can link your bank account to allow Petal to evaluate your cash flow, which may help if you don’t have an established credit score.
5. If approved, you’ll receive a credit limit based on your financial profile, and the card will be shipped shortly.

Note: Applicants must be at least 18 years old, a U.S. resident with a valid SSN or ITIN, and have a verifiable source of income.

Can You Use It Abroad?

Yes! Because the Petal 2 card charges no foreign transaction fees, it's a solid option for international travelers. It’s also backed by Visa, so it’s accepted nearly everywhere around the globe.

Petal 1 vs. Petal 2

You may come across the Petal 1 Visa® Credit Card, which is designed for those with lower credit or less stable income. Here’s how they differ:

Feature	Petal 2	Petal 1
Annual Fee	$0	$0 or up to $59 (varies)
Cash Back	1%–1.5% + 2%–10% offers	None (on standard purchases)
Credit Score Required	Fair or none	Poor to fair
Fees	No fees at all	Some possible fees

Final Thoughts

The Petal® 2 "Cash Back, No Fees" Visa® Credit Card is one of the most consumer-friendly cards available today. Its combination of no fees, rewarding cash back, modern app tools, and accessibility make it an excellent choice—especially for younger users or those building credit.

With its flexible approval criteria, it's a smart way to enter the world of responsible credit use without the fear of hidden fees or unfair practices.