Note: Some information in this post might be outdated. For the most current documentation and updates, please refer to the product’s original page.

The Petal 1 Visa credit card, issued by WebBank, has alternative ways of determining people’s creditworthiness other than relying on FICO scores only. So if your score isn’t so good, don’t worry. You might still get this card, and with it the chance of building up a solid credit score. This is because the issuer reports to all three major credit bureaus.

The issuer does not require any security deposits, but unlike your typical unsecured card, it does not pack sneaky annual fees, activation fees or monthly maintenance fees. It was carefully planned to be a viable option for people who don’t have a good credit score.

Of course, when you are in the early stages of building your credit, rewards are almost always uninteresting. That’s ok because your priority at this point is building your credit. However, sometimes you can earn rewards while building up your credit score. This is the case with Petal 1, which offers up to 10% cash back when you make purchases with select merchants.

Have a look at some relevant numbers about the Petal 1 Visa credit card. 

In order to qualify for the Petal 1 Visa credit card you must have a valid Social Security Number or an individual taxpayer identification number, and be a U.S. resident. Besides that, the issuer might run an algorithmic screening on your banking data to get a more complete picture of your relationship with money. They will be looking into things like how you manage your income, savings and spending.

Because of this, you may need to link your bank account to the card to get pre-approved. If you worry about your financial privacy, here’s a heads up. According to Petal, they do not store your login credentials when you do that.

Now that you know some of the most important facts about this card, let’s put pros and cons close to each other for comparison.

For people whose credit score has taken a few good blows, or even for those who have no credit history at all, this card is worth looking into. It does not require applicants to have good or excellent credit scores. However, the issuer does run a few checks on you to make sure you will be able to keep up with payments.

If you are here it means you are looking to get your hands on the Petal 1 Visa card. Well, look no more. We have prepared a breakdown of the application process to help you get prepared before you apply. Everything is done online, so that’s already solved because, well, you are online. So let’s take care of the next steps.

On Petal’s website, click the “See Card Offers” right in the middle of the page. The website will take you to another page where it will evaluate if you qualify for the Petal 1 Visa card, the Petal 2 Visa card, or both. On this page you must enter your email, first and last names, date of birth, phone number and Social Security number. Don’t forget to check the box to confirm you agree with the terms of the issuer.

The application starts with a pre-approval process which takes just a few minutes. This process is not a hard inquiry and does not affect your credit score. You may be approved for only one Petal card or both. In case you are approved for both, you can’t really apply for both. You must apply for only one of them.

Once you have completed submitting your application, you should receive an email from Petal letting you know whether you have been approved or not. If you have been approved, the card should arrive in your mailbox within 6 to 10 business days. If you are not approved, however, you won’t be able to submit another application. You will also receive an email where the issuer explains how they have reached their decision.

While you wait for your card to arrive, take the time to set up your Petal account using the prompt you should have received in your email by now. Once your card arrives, activate it, and you are good to go!

It’s nice to look at other offers available on the market for comparison. We have selected a card with a similar appeal, and the table below compares them to help you put things into perspective.