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% |
| 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
- Low credit score requirement
- Cashback on purchases
- Features for credit building
Things to consider
- High regular APR
- No sign-up bonus
- No intro APR period
- Limited rewards categories
What this card offers
Rewards
- Earn 1% – 10% cash back at select national merchants
Other features
- Path to a credit limit increase
- There is no foreign transaction fee.
- Stay up to date on your credit score in the app.
- Enjoy payment flexibility — pay in full or carry a balance.
- Enable push notifications to see your transaction activity in real time.
- Add your Petal card to your mobile wallet for easy, on-the-go payments.
- We report to the major bureaus so you can grow your credit score with responsible credit use.
- Equipped with contactless payment technology for fast & secure checkouts — simply tap and go.
- With a tap in the Petal app, you can freeze your card to protect your account.
- Petal’s fraud detection technology can quickly spot suspicious card activity and take action.
- Your credit data is crucial — rest assured Petal encrypts and protects your personal information.
- No credit check required.
Additional Notes
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. Eligible applicants will be presented with an opportunity to link their bank account in order to be evaluated for an extension of credit assessing their cashflow. Cash back merchants and offers can vary throughout the year and are personalized. You must meet the individual offer terms to receive cash back. In the past six months, Petal members received at least one cash back offer from an advertised merchant.