Petal Card Review: Petal 1 And 2 Credit Cards 

Petal Card Review

Those who want to improve their credit should get these cards. They give them access to higher credit limits and use information from your bank account to figure out your creditworthiness, which isn’t just based on your credit score alone. 

But depending on what you want to do and how much money you have, one Petal card may be better for you than the other. A Petal credit card might be right for you. Here’s what you need to know about Petal Card, and how to choose the right one for you. 

Watch the below video on Petal Card Review:

Petal 1

The pros and cons 

Petal looks at more than your credit score when deciding if you can get a loan. You can prequalify for a loan before you apply. 

Cons: There are no ongoing reward categories. The APR is high. It could be as low as $500. 

Petal 2

Pros and Cons 

Cash back rewards go up when you use your credit card in a responsible way. There is no fee or security deposit to pay each year. Online, you can see if you can get a job without having your credit report checked. 

* There is no welcome bonus. 

* There is no introductory APR. 

Comparing things side-by-side 

Comparison of Rewards and Benefits 

Both Petal credit cards earn anywhere from 2% to 10% on purchases made with Petal Offers at certain stores. When you open your account, you will see these offers. The merchants can be different. Both cards don’t give you money as a welcome bonus. 

See also  Credit One American Express Review

Petal Offers are the only rewards you can get with the Petal 1 Card. You can only get them if you use the card. 

The Petal 2 Visa Credit Card gives you more money back for every purchase. You’ll get 1 percent back on everything you buy, and as you use your card well, you can earn more rewards. 1.25 percent cash back: You’ll get that money back after you pay on time for six months. For the next 12 months, you can get 1.5% back on everything you buy. There’s no limit to the number of rewards you can get, so you can get them all. 

It’s possible to use the cash back you earn on either Petal card to get a statement credit, a check, or to transfer it to your bank account. 

This isn’t the only thing that helps you build credit with these two cards. You can get a Petal 2 Visa Credit Card with a maximum credit limit of $10,000, while the Petal Visa Credit Card has a maximum credit limit of $5,000. You can get both cards for as little as $300. To get more money in your account after getting approved, you can make on-time payments for six months. 


There is no introductory APR for purchases or balance transfers with Petal 1 or Petal 2. Both Petal 1 and Petal 2 have APRs that are pretty high. If you have a Petal 2 Visa Credit Card, for example, you can get a variable interest rate range of 12.99% to 29.999%. A variable APR on the Petal 1 Visa Credit Card ranges from 19.99% to 29.49%, but that’s not all. 

See also  Advantages And Disadvantages Of Home Depot Project Loan 

Keep a balance on your account with an APR in either range, and it could get very expensive quickly. For high interest debt and better credit, charge only what you can pay off in full and on time each month. 


Both the Petal 1 Visa Credit Card and the Petal 2 Visa Credit Card have no annual fees or fees for using them abroad. 

If you’re approved for Petal 2, you won’t have to pay late fees or return fees. However, Petal 1 cardholders will have to pay these fees, as well. With Petal 1, you’ll pay up to $40 for late payments and $29 for payments that don’t show up.

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!