Petal® 1 'No Annual Fee' Visa® Credit Card
Cash back rewards credit card with no annual fee and monthly credit reporting
Updated: Sep 17, 2022
Issued by WebBank, the Petal 1 "No Annual Fee" Visa Credit Card is designed for Limited, Fair, Bad, or No credit applicants. With fast application and high pre-approval rates, this Visa card offers up to 5,000 credit line and attractive cashback rewards. The Petal 1 features No Annual and No Foreign transaction fees. Combined with a free monthly credit reporting facility, it can be named as one of the best starter credit cards on the market.
ANNUAL FEE
$0
ONGOING APR
19.99% - 29.49% Variable
INTRO APR
N/A
at WebBank Secured website
Apply NowIntroductory APR
N/A
Intro APR Period
N/A
Recommended Credit Score
No Credit
Key Features
- $0 Annual Fee
- 2% - 10% cash back from select merchants
- $500 - $5,000 credit limits
- Variable APRs 19.99 - 29.49% APR
- No annual or international transaction fees. Late and returned payment fees may apply
- Build credit alongside tens of thousands of Petal Card members
- Cash flow technology may help applicants without credit history get approved
- Petal's technology may analyze your bank account info (using read-only access) to provide a better look at your full financial picture
- Petal's mobile app makes it easy to manage your money, track your spending, and automate payments
- See if you're pre-approved within minutes without impacting your credit score
- Petal reports to all 3 major credit bureaus
- No deposits required
- Card issued by WebBank, Member FDIC
Our Take
Petal 1 with No Annual Fee is award-winning Visa credit card from WebBank is an attractive tool to help you stay on the right financial track. The Petal 1 helps you to build credit, avoid paying fees and earn high cash-back rewards at selected merchants in your area. The card also has no annual fee, low interest, and a fast pre-approval process that does not affect your credit score.
What are the benefits of Petal 1 Credit Card?
The Petal One ‘No Annual Fee’ Visa Card is a credit card that is designed to help you pay off your debt and save money. This is a great card for those who are just starting out with credit. The card does not charge an annual fee and offers a up to $5,000 line of credit. There are no foreign transaction fees, which is great for travelers. It offers a variety of different rewards that can be up to 10% and is accepted at most retailers. Besides it has one of teh best budget managment app.
What Are the Drawbacks?
- No Intro APR
- No bonus rewards
- No cash advances
- No Balance Transfers
Best Petal 1 Visa Alternatives
- Petal 2 – Visa credit cards with Cash Back and No fees
- Upgrade Triple Cash – Cash rewards Visa card with high earning potential
- Surge Secured – Secured Mastercard that earns reward
- Chase Ink Business Cash – Business cash back credit card with bonus rewards
- Aspiration Plus – Eco-friendly debit Mastercard that earns rewards
- Jasper Cash Back – High rewards and low fees credit card
Bottom Line
The Petal One ‘No Annual Fee’ Visa Card is a great card to have in your wallet. It will allow you to earn points on all your purchases and you can use those points to redeem for a variety of rewards. There are also no foreign transaction fees, which is great for those who travel frequently. This card also has a acceptable interest rate and no late fees. Few downside to this card are that it has no bonus rewards and no intro APR. So if you don’t want to carry cash around, this card is great for you.
| Issuer: | WebBank |
|---|---|
| Network: | VISA® |
| Category: | Consumer (Regular) |
| Best Used For: |
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| Rewards: | Yes |
| Reward Types: |
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| Reward Units: | Cash |
| Regular APR: | 19.99% - 29.49% |
|---|---|
| Regular APR Type: | Variable |
| Annual Fee: | $0 |
| Balance Transfer: | No |
| Grace Period: | 21 days |
| Late Payment Fee: | See Terms |
| Other Fees: |
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Petal® 1 'No Annual Fee' Visa® Credit Card Alternatives
Petal® 1 'No Annual Fee' Visa® Credit Card |
| APPLY NOW |
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Annual Fee $0 |
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Regular APR 29.49% |
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Intro APR N/A |
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Rec. Credit Score No Credit |
Additional Information & Comments
Late fees are up to $29 for the first late payment, $40 for the second late payment.
IMPORTANT
*The information provided for Petal® 1 'No Annual Fee' Visa® Credit Card is believed to be accurate at the time of evaluation or recent update on September 17, 2022. However, we strongly advise visitors to review the card fees and Terms & Conditions on the issuer's website by following Apply Now link to verify the accurancy of the information posted prior to applying for this card offer.
Petal® 1 'No Annual Fee' Visa® Credit Card
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