Petal Card, Inc.

Petal Card is a fintech company that issues Visa credit cards through WebBank, designed for consumers who have a limited credit history or no credit score at all. Instead of relying solely on a traditional credit score, Petal uses a cash flow underwriting approach, which means it also looks at your banking history, income, and spending patterns when deciding whether to approve you and what credit limit to offer. This makes it possible for people who are new to credit in the United States, recent graduates, or those with thin credit files to be considered.

Petal offers two card products with different features and approval criteria. The entry-level card is aimed at consumers with limited or no credit history, while the higher-tier card targets those with fair to good credit and offers cash back rewards on purchases. Both cards have no annual fee on some versions, though consumers should verify current terms before applying.

Because Petal extends credit to applicants with limited histories, interest rates may be higher than those on cards available to consumers with established good credit. Paying the full statement balance each month before the due date avoids interest charges entirely. Carrying a balance means interest accrues at the card's stated annual percentage rate.

Petal reports payment activity to all three major credit bureaus, so responsible use including on-time payments and keeping your balance low relative to your credit limit can help build your credit profile over time.

Read all current terms and conditions before applying, as product features, rates, and fees can change. Petal Card is not a traditional bank, and the card is issued by WebBank, which is FDIC-insured.