Review
web-bank Petal 2 Review: Build Credit Without the Burden of Fees
Want to build credit without the burden of fees? The Petal 2 card could be your answer, offering a straightforward way to establish a positive payment history, even if you have a limited credit background.
WebBank
Petal 2
| Annual Fee | $0.00 |
| Regular APR | 28.24% - 30.24% Variable APR |
| Rewards Rate | 1%-10% Cash Back |
| Sign-up Bonus | No signup bonus |
| Other Fees | No annual membership fee, late fee, or returned payment fee. There are no foreign transaction fees. |
Overview
Pros & Cons
What's great
- No annual fee
- Cashback on purchases
- No foreign transaction fees
- Low credit score requirement
Things to consider
- High regular APR
- No sign-up bonus
- Limited rewards categories
Benefits
Drawbacks
Decision Guidance
Summary
The Petal 2 card presents a mixed bag. Its strengths lie in the absence of many common fees (annual, foreign transaction, late payment, and returned payment fees), making it accessible and potentially valuable for users focused on avoiding extra char...