WebBank
Petal 1
Key Features
| Annual Fee | $0.00 |
| Sign-up Bonus | No signup bonus |
| Rewards Rate | 1%-10% Cash Back |
| Regular APR | Variable APR 28.24% - 33.24% APR 28.99% – 33.99% variable |
| Other Fees | There is no foreign transaction fee. |
| Network | Visa |
About this card
The Petal 1 card is a decent option for those with limited or fair credit looking to build or rebuild their credit history, but it has significant drawbacks that temper its overall appeal. Its strengths lie in the absence of an annual fee and foreign transaction fees, contributing to a good fee rating. The cash back rewards program offers some value, but it is limited and inconsistent. The major weakness is the very high APR, which can quickly offset any potential rewards and make it an expensive option for carrying a balance. While the card has a generally positive reputation within its niche as a credit-building tool, user reviews indicate potential issues with payment processing and customer service. Given these factors, a rating of 2.6 reflects its utility as a credit-building tool offset by its high cost of borrowing and mixed user sentiment.
Pros & Cons
What's great
- No annual fee
- No foreign transaction fees
- Cashback on purchases
- Designed to build credit
Things to consider
- High regular APR
- No sign-up bonus
- Requires good or excellent credit
What this card offers
Rewards
- Earn 1% – 10% cash back at select national merchants.
Other features
- Path to a credit limit increase
- Understand the path to a limit increase.
- With the Leap program, earn rewards like a credit limit increase and account badges by completing credit health challenges designed to build responsible credit behavior and celebrate the wins. Terms apply.
- Track your score.
- Stay up to date on your credit score in the app.
- Find cash back near you.
- Know before you owe.
- Enjoy payment flexibility — pay in full or carry a balance.
- Keep tabs on your account.
- Enable push notifications to see your transaction activity in real time.
- Pay from your phone.
- Add your Petal card to your mobile wallet for easy, on-the-go payments.
- Designed to build credit.
- We report to the major bureaus so you can grow your credit score with responsible credit use.
- Tap to it.
- Equipped with contactless payment technology for fast & secure checkouts — simply tap and go.
- Freeze your card.
- With a tap in the Petal app, you can freeze your card to protect your account.
- Protection from fraud.
- Petal’s fraud detection technology can quickly spot suspicious card activity and take action.
- Keep your data safe.
- Your credit data is crucial — rest assured Petal encrypts and protects your personal information.
- There is no foreign transaction fee.
Additional Notes
Cards issued by WebBank. Card fees and terms may vary for members acquired prior to 5/16/23. The variable APR range is accurate as of 1/5/2026 and may vary with the market based on the Prime Rate. The variable APR range is accurate as of 12/01/2024 and may vary with the market based on the Prime Rate.