Petal 2 Visa
Petal · Building Credit review
Thin-file or no-credit-history readers who want an unsecured card without a deposit, reports to all three bureaus, and e
Sorted by score, never commission
Annual fee
$0
No annual fee, every year
Ongoing APR
23.74% – 33.24% variable
Variable — verify the current range at the issuer
Foreign transaction fee
None
Travel-friendly abroad
As of June 29, 2026
Best for
Thin-file or no-credit-history readers who want an unsecured card without a deposit, reports to all three bureaus, and earns 1-1.5% cashback (rising with on-time payments). Genuinely better than secured-card alternatives for borrowers without $200 in deposit cash.
Not for
Anyone with a 670+ FICO (a mainstream unsecured card will give you better rewards) and readers who treat cashback rate as the primary score — the rate ladder requires 12 on-time payments to reach 1.5%.
The catch
Petal's underwriting uses bank account cash flow, not just credit — which is good for thin-file but introduces a privacy tradeoff. The cashback rate STARTS at 1% and rises only with on-time payments. Score this as a 1% card for year 1; the rewards are not the point — graduation to mainstream credit is.
Card facts
Sourced from the issuer's published Schumer Box and terms — confirm current numbers at the issuer.
Product specs
- Annual fee
- $0
- Ongoing APR
- 23.74% – 33.24% variable
- Foreign transaction fee
- None
- Late payment fee
- Up to $40
- Schumer Box verified
- June 29, 2026
How we scored this card
See our published methodology — 5 dimensions, 0–20 each, 100-point total.
Frequently asked
Does the Petal 2 Visa charge an annual fee?
No. The Petal 2 Visa carries a $0 annual fee, sourced from the issuer's published Schumer Box as of June 29, 2026. Rates change — confirm the current terms at the issuer.
What APR does the Petal 2 Visa charge?
23.74% – 33.24% variable. APRs are variable and set by the issuer — confirm the current range on the issuer's Schumer Box before you commit.
Does the Petal 2 Visa charge foreign transaction fees?
No. The Petal 2 Visa has no foreign transaction fee, so it works cleanly for purchases abroad.
Who is the Petal 2 Visa best for?
Thin-file or no-credit-history readers who want an unsecured card without a deposit, reports to all three bureaus, and earns 1-1.5% cashback (rising with on-time payments). Genuinely better than secured-card alternatives for borrowers without $200 in deposit cash.
Who should skip the Petal 2 Visa?
Anyone with a 670+ FICO (a mainstream unsecured card will give you better rewards) and readers who treat cashback rate as the primary score — the rate ladder requires 12 on-time payments to reach 1.5%.
How did ClearValue score the Petal 2 Visa?
Petal 2 Visa scored 87/100 — "Solid pick". We score every card across five dimensions (effective rewards, fee structure, audience fit, transparency, and whether an honest weakness is named), 0–20 each. Scores are never influenced by commission. See our methodology for the full rubric.
Alternatives to the Petal 2 Visa
Other credit-builder cards we've scored, ranked by our methodology.
- DiscoverCanon
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- Capital OneSolid pick
Capital One Quicksilver Secured
89/100Annual fee$0Ongoing APR29.99%Foreign txn feeNoneBest forCredit-builders who want a secured card that reports to all three bureaus AND earns 1
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- Mission LaneWorth considering
Mission Lane Visa
78/100Annual fee$0Ongoing APR29.99%Foreign txn feeNoneBest forCredit-rebuilders coming back from a thin file or recent dings who can't deposit on a secured card and don't qualify for
Fees sourced from issuer terms · 2026-06-29
