Are you looking for a credit card with cashback and no fees? If so, the Petal® 2 “Cash Back, No Fees” Visa® Credit Card may be the perfect fit for you.

This card offers up to 1.5% cash back and has no annual fee. Read on to learn more about the Petal credit card and whether it is the right choice.

Designed with your success in mind, Petal 2 is their most sophisticated card to date. It has no fees and is intended to help you build credit.

With Petal, credit building is made simple. After all, your credit score is critical, right? You can check your score anytime via their app.

A payment calculator is also available: Determine how much interest you will most likely owe based on the amount you choose to pay.

We recommend it because it allows people to plan their month, create a budget, and track how much they spend against it.

When you shop at select local merchants, you can earn anywhere from 2% to 10% cashback. Petal 2 also allows you to earn cash back on everyday purchases.

Another fantastic feature is the subscription option. For your convenience, Petal automatically highlights popular subscriptions charged to your credit card.

So, check out the pros and cons of this card below!

There are no fees for late payments, foreign transactions, or the annual membership fee.

The second pro is that you only need an average score to apply, meaning applicants with limited, fair, good, or excellent credit scores. Also, prequalifying with a soft credit inquiry will not hurt your credit score.

After 12 on-time payments, your earnings increase to 1.5%. Up to 10% cash back is eligible through participating merchants.

The rewards are complex compared to other cashback cards. Cardholders can redeem cash as a statement credit and as a check or direct deposit to the cardholder’s bank account.

But besides the rewards, there will be no welcoming bonuses or introductory APR offers. Moreover, the card’s APR ranges from 15.99 to 29.99%.

In conclusion, some of Petal 2’s benefits are limited. This credit card’s benefits are minimal and should not be a top choice if you love benefits.

Yes. Those with poor credit should not apply for the Petal® 2 “Cash Back, No Fees” Visa® Credit Card.

The best candidates have either established credit or are credit novices with strong cash flow (income, savings, and on-time payment history) that can be measured with banking data.

Conclusion paragraph: If you want to learn more about the Petal® 2 “Cash Back, No Fees” Visa® Credit Card or apply for it, check out our how to apply article.

We will walk you through every step of the application process so that you can get your new card as quickly as possible. So, read the post below!