The Petal Card credit card is for people with good credit. Petal cards have different requirements than other credit cards. You must have clean credit reports and no history bankruptcy. Consider a secured card instead if you have bad credit. It is important to understand the differences between the two types of credit cards before you decide which one is right for you.
Petal(r), 2 Visa(r), Credit Card
Petal 2 Visa Credit Card provides a variety benefits for customers and has no annual fee. It is perfect for people who are just starting to build credit. Its no-fee and no-deposit policy make it an ideal option for people with average or bad credit. You can also get cash back rewards up to 1.5% and a credit limit that is reasonable.
The Petal 2 Visa Credit Card is easier to obtain than secured cards. However, it is important to consider your credit history. If you have bad credit, or have made missed payments in your past, it's not a good idea. Creditors will consider your income, savings, and credit history when deciding whether or not you should be approved.
Another perk of this card is its low annual fee, no foreign transaction fees, and no penalty APR for late payments. To avoid late fees, you must keep your payments on schedule. This is vital as late payments can harm your credit history and cause lower credit score points.
Petal 2 Visa (r) Credit Card provides a number of benefits, including a $500 credit limit and no security deposit. The card also has a cash-back rewards program that rivals the best credit cards.
Petal(r), 1 Visa(r), Credit Card
If you want to build your credit, then the Petal(r.1) Visa (r) is a great card to consider. This credit card can be linked with your bank account so that you don't have worry about having to pay a high annual fees. This card also includes a handy app so that you can manage your account easily.
Petal 1 Visa Credit Card provides decent rewards with no annual fee. It does however have limited benefits. You can redeem your rewards for travel assistance and extended warranty coverage. However, if you have bad credit and need a card that won't make you a burden, consider the Indigo Platinum Mastercard instead. This card gives you higher rewards without requiring a security deposit.
Petal Visa is another great choice for your first credit card. This card is especially good for young adults and recent college graduates without much credit history. It has a $500 credit limit, which is higher than many secured cards and competing starter credit cards. In addition, you can earn up to 1% cash back on your everyday purchases. Reward points can be earned at selected retailers from 2% to 10%.
Petal 1 Visa(r), Credit Card has no annual fees and offers 2% to 10% cashback at selected merchants. There is no welcome bonus or introductory APR. This is still better than other options.