If you want to rebuild your credit with a card full of benefits, our Petal® 1 “No Annual Fee” Visa® Credit Card review will help you!

This is a solid option for an unsecured card! So, it’s important to balance all the features of this card to make the most of it!

In this Petal® 1 “No Annual Fee” Visa® Credit Card detailed overview, we’ll help understand this card’s features! Firstly, you can make your purchases with ease, enjoying a variable limit from $300 to $5,000!

Additionally, after six months of use, you can increase your limit. Various factors will be considered, but this card is ideal for credit rebuilding.

Petal® reports regularly to major credit agencies, enhancing your credit building without any annual fees!

Plus, there’s cash back! The 2% to 10% back from this credit card is available only for in-store brands, such as Adidas, Sam’s Club, Toms, Shake Shack, GoPuff, and more!

So, there are many advantages to opting for the Petal® 1 Visa®, but there may also be downsides.

We’ve outlined points for you to consider in this review!

Firstly, as mentioned, the cash back can be quite advantageous! In addition to the high percentage, redeeming the money is very easy!

You just need to access your account and choose the “redeem” option.

So, the money can be deposited into your account at any time and in any amount. Moreover, low fees and no need for a security deposit make this card ideal!

Firstly, the APR is quite high, potentially reaching almost 35%. This is above average.

Additionally, cashback is not available for all purchases, limiting your savings potential with frequent purchases.

Another disadvantage is that it doesn’t offer balance transfers or cash advances, which may disappoint some people.

Furthermore, there aren’t many prerequisites to apply for the Petal® 1! But, it’s essential that you’re over 18 and a U.S. resident.

If you’ve filed for bankruptcy in the last 4 years, you won’t be able to apply, even if you’ve recovered. Also, your credit score may affect your credit limit.

So, while it’s an opportunity for everyone, the benefits may vary!

Now that you know more about the card, you must be curious about how to apply, right?

Well, the process is quite simple and can be done virtually! Since the requirements are few, you’ll receive a quick response. Check our blueprint for more details!