Petal

Petal

Category:Finance

Size:37.00MRate:4.5

OS:Android 5.1 or laterUpdated:Jul 31,2025

4.5 Rate
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Application Description

Petal, a fintech innovator, empowers everyone with cutting-edge tools to build credit, manage spending, and avoid debt. By analyzing millions of data points beyond traditional credit scores, Petal helps more people access credit, even without prior history. They offer two cards: Petal 1, tailored for credit-building with no annual fee and limits from $300 to $5,000, and Petal 2, a premium cashback card with no fees. Both cards feature 2%-10% cashback at top brands and local merchants. The Petal app enables users to monitor credit scores, set budgets, manage subscriptions, and view all accounts in one hub. Petal reports to all three credit bureaus, and no prior credit history is needed to apply.

Key benefits of Petal's platform include:

- Financial Empowerment: Petal leverages advanced technology to foster credit-building, responsible spending, and debt avoidance for all users.

- Broader Credit Access: Using extensive data points, Petal approves more applicants for credit, even those without a credit history.

- Petal 1: Designed for credit improvement, this card has no annual fee and offers credit limits starting at $300.

- Petal 2: A top-tier card with cashback rewards and zero fees, including no annual, late, or foreign transaction fees, with credit limits from $300 upward.

- Cashback Rewards: Both Petal 1 and Petal 2 offer 2%-10% cashback at major brands and over 500 local businesses.

- App Functionality: The Petal app provides tools to track credit scores, set budgets, manage subscriptions, and consolidate account views for smarter financial control.

Additional details:

- Petal reports to all three major credit bureaus.

- Petal 1 includes late and bounced payment fees, while Petal 2 is entirely fee-free.

- Advanced technology enables lower variable APR rates.

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