The Petal 1 "No Annual Fee" Visa Credit Card is tailored for individuals with limited or no credit history, providing a pathway to establish and build credit. This card, issued by WebBank, pairs with the Petal app to facilitate budgeting, cash-back deals, and timely payments. Cardholders can earn between 2% and 10% cash back, but only at select merchants, which can complicate the rewards process. While it has no annual fee or foreign transaction fees, the card's high APR (25.24% - 34.74% variable) makes it unsuitable for those who may carry a balance. The Petal 1 card also offers a unique "Cash Score" feature that assesses creditworthiness based on banking history. However, its lack of a welcome bonus, limited rewards structure, and the need to track eligible merchants through the app may deter some users. Overall, while it serves as a useful tool for building credit, those with established credit may find better options available.
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