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Don’t worry about your less-than-perfect credit score! The Petal® 1 Visa® Credit Card is available to everyone, regardless of their credit history. Petal takes various factors into consideration when determining your eligibility. If approved, you’ll receive guidance on improving your credit score while earning cashback rewards for using the card.
Using this card can significantly enhance your credit history, and here are some of the benefits you can enjoy:
- Access to a credit line ranging from $300 to $5,000;
- No need for a security deposit;
- Earn cashback ranging from 2% to 10% on select purchases;
- The app includes budgeting features to help you save money.
What’s the minimum credit score required to qualify for the Petal® 1 Visa® Credit Card with no annual fee?
Even if you have a fair credit score, you may still be eligible for this card without an annual fee. Petal’s website offers a tool to compare their various cards and determine your eligibility without impacting your credit score. So, if your credit score is fair, you have a good chance of being approved.
Is the Petal® 1 Visa® Credit Card with no annual fee a good choice for my first credit card?
Absolutely! It’s an excellent choice for your first credit card. Even if you have a fair or no credit score, you may qualify for this card. Plus, you can build your credit by making timely monthly payments with it.
What’s the maximum credit limit for the Petal® 1 Visa® Credit Card with no annual fee?
Cardholders can enjoy a reasonable credit limit ranging from $300 to $5,000, depending on their creditworthiness and financial profile.
To help you make an informed decision when choosing a credit card, consider the Destiny® Mastercard®. It offers 24/7 account monitoring and helps you establish credit by making on-time payments without impacting your credit score. Check out our guide below to apply for this card!
Begin building your credit today with the Petal® 1 Visa® Credit Card, boasting a “No Annual Fee” feature:
If you’re looking to improve your credit score, consider the Petal® 1 Visa® Credit Card with “No Annual Fee.” This card doesn’t require a high credit score, and it comes without an annual fee. Additionally, there’s no need for a security deposit, and you can even earn rewards like cashback.
Is the Petal® 1 Visa® Credit Card a viable choice? In this article, we’ll take a closer look at the Petal® 1 Visa® and assess its suitability for individuals with less-than-ideal credit. Keep reading to learn more!
- Credit Score: Fair/Bad/Limited/No Credit;
- Annual Fee: $0;
- Regular APR: Variable APR of 24.74% – 34.24%;
- Welcome Bonus: No welcome bonus;
- Rewards: Earn 2% to 10% cashback on select purchases.
Is the Petal® 1 Visa® Credit Card with “No Annual Fee” a legitimate option?
The Petal® 1 Visa® Credit Card is issued by WebBank and carries the Visa Signature designation. This entry-level card is accessible without the need for a high credit score. By using the card responsibly, paying your bills on time, and maintaining a low credit utilization, you can enhance your credit score.
The credit limit for the Petal® 1 Visa® Credit Card, ranging from $300 to $5,000, is determined by your creditworthiness and various other factors. It’s based on your “cash score,” which considers your financial history in addition to your credit score.
To make the Petal® 1 Visa® Credit Card even more appealing, there’s no annual fee, and you have the opportunity to earn cashback on your transactions. Certain purchases can earn you cashback rates ranging from 2% to 10%. The accumulated cashback is stored in your “cashback wallet” and can be easily redeemed into your checking account.
