About the Card

The Petal® 1 "No Annual Fee" Visa® Credit Card is a credit-building card designed for individuals with limited or no credit history.

Unlike traditional credit cards that rely solely on credit scores, Petal 1 uses alternative financial data to determine eligibility, making it an excellent option for people new to credit or looking to improve their financial standing.

Issued by WebBank, this card offers a solid alternative to secured credit cards by providing unsecured credit limits without requiring a security deposit.

It also features no annual fees, cash back rewards at select merchants, and reporting to all three major credit bureaus, helping cardholders build a positive credit history over time.

About WebBank & Petal

The Petal® 1 Visa® Credit Card is issued by WebBank, a FDIC-insured bank based in the United States, known for its partnerships with fintech companies.

WebBank is a trusted institution that offers innovative credit products designed for consumers who may not qualify for traditional credit cards.

The Petal card program was created by Petal, a financial technology company focused on expanding credit access through data-driven solutions.

Petal’s mission is to help people build credit and achieve financial success, especially those with little or no credit history.

With WebBank's reliability and Petal's modern approach, this credit card offers a seamless, consumer-friendly experience that prioritizes accessibility, affordability, and financial education.

Press the button below and check out the step-by-step process how to apply for the card.

Who Should Consider This Card?

The Petal® 1 Visa® Credit Card is ideal for:

Individuals with limited or no credit history who need a stepping stone to better credit.
People looking for an unsecured credit card without the need for a security deposit.
Consumers who want a simple, transparent credit-building card without hidden fees.
Those interested in earning cashback at select merchants while improving their credit.
Anyone who wants a credit card that promotes responsible financial habits through a user-friendly app.

If you have good or excellent credit, you may qualify for better rewards cards with higher cash back rates and lower interest rates.

However, if you’re just starting out or rebuilding your credit, the Petal® 1 Visa® Credit Card is a strong option.

Top Benefits of the Petal® 1 Visa® Credit Card

No Annual Fee

Unlike many credit-building cards, Petal 1 does not charge an annual fee, making it a cost-effective choice.

No Security Deposit Required

Many credit-building cards are secured, requiring a deposit. Petal 1 is completely unsecured, allowing users to access credit without upfront costs.

Reports to All Three Major Credit Bureaus

Payments are reported to Experian, Equifax, and TransUnion, which helps users build a strong credit history over time.

Credit Limits Up to $5,000

Depending on your financial profile, you may qualify for a credit limit between $300 and $5,000, which is higher than many starter credit cards.

Alternative Underwriting Process

If you have limited or no credit history, Petal 1 can evaluate your income, expenses, and banking history to determine eligibility.

Cashback at Select Merchants

Earn 2% to 10% cash back at participating retailers, providing extra value while using the card.

User-Friendly Mobile App

The Petal app offers spending insights, due date reminders, and automatic payments, helping users manage their finances responsibly.

No Foreign Transaction Fees

Unlike many entry-level credit cards, Petal 1 does not charge foreign transaction fees, making it a good option for international use.

Potential for Credit Limit Increases

Responsible usage may lead to automatic credit line increases, helping users improve their credit utilization ratio.

Additional Features & Protections

Mobile & Online Account Management

Easily manage your card, track spending, and set up autopay through the Petal mobile app.

Fraud Protection & Zero Liability

Petal 1 offers Zero Fraud Liability, ensuring that unauthorized charges are not your responsibility.

Financial Insights & Budgeting Tools

The app provides spending analytics, helping users stay on top of their finances.

Fees & Interest Rates

Annual Fee: $0
APR: 24.49% - 34.99% Variable APR
Foreign Transaction Fee: $0
Late Payment Fee: Up to $40

The Petal® 1 Visa® Credit Card has no annual fees or foreign transaction fees, but its APR is on the higher side, so carrying a balance is not recommended. Paying the full statement balance each month can help you avoid interest charges.

Is the Petal® 1 Visa® Credit Card Worth It?

The Petal® 1 Visa® Credit Card is a great option for individuals with limited or no credit history who want an unsecured credit card without hidden fees.

Here’s why it might be a good choice:
No annual fee – an affordable way to build credit.
No security deposit required, unlike many credit-building cards.
Higher credit limits than many starter credit cards.
Alternative underwriting process for those with no credit history.
Cashback rewards at select merchants.
Reports to all three major credit bureaus, helping to boost your credit score.