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The Credit Report

Your go-to source for all things Petal, insights into building credit, and everyday money stuff.

The latest

What is Revolving Credit?
Credit 101
What is Revolving Credit?

Here are the facts on revolving credit and how it can affect your credit score either positively or negatively.

Introducing new, personalized cash back offers
Petal HQ
Introducing new, personalized cash back offers

At Petal, we strive to help our members build credit responsibly and succeed financially. Those goals matter even more this year, as rising prices make life more expensive for everyone.

Hard vs. Soft Credit Inquiries: Everything You Need to Know
Credit 101
Hard vs. Soft Credit Inquiries: Everything You Need to Know

What are the main differences between hard and soft pulls, and how do they affect your credit score? Petal Card has you covered.

How to Read a Credit Report
Credit 101
How to Read a Credit Report

What to understand and watch out for

How to Pick the Best Credit Card for You
Credit 101
Petal HQ
How to Pick the Best Credit Card for You

Whether you’re in the market for your first credit card, or your fifth, it’s best to go into the process with a plan.

Introducing Insights to Further Increase Transparency
Feature
Introducing Insights to Further Increase Transparency

A new section in the Petal app that will further increase the transparency around members’ financial lives.

I was influenced to buy a bathmat for $100
Lifestyle
I was influenced to buy a bathmat for $100

First card Stuff-Up Stories: "I was influenced to buy a bathmat for $100"

What Happens If You Don't Use Your Credit Card?
Credit 101
What Happens If You Don't Use Your Credit Card?

In this article, we’ll explore the consequences of not using a card and how you can avoid them in the future.

What To Do When You Don't Have a Credit Score
Credit 101
What To Do When You Don't Have a Credit Score

If you haven't had much experience with credit, you may not have a credit score. Don't worry, we will show you why and what you should do!

What To Consider When Accepting a Job Offer
Lifestyle
What To Consider When Accepting a Job Offer

Hint: It's not just your salary.

Top 9 Factors That Can Affect Your Credit Score
Credit 101
Top 9 Factors That Can Affect Your Credit Score

Learn which factors can affect your credit score so you can plan the most effective ways to improve and protect it.

How Much Money Does an Instagram Influencer Make?
Lifestyle
How Much Money Does an Instagram Influencer Make?

And if it's worth it to quit your day job.

A Beginner’s Guide to Building Good Credit
Credit 101
A Beginner’s Guide to Building Good Credit

Whether you’ve never had a credit card before, or you have a long history of credit use, these tips are for you.

How to Improve Your Credit Score
Credit 101
How to Improve Your Credit Score

Learn how credit scores work and the things you can do to get it to the next level.

Why Did My Credit Score Drop and How to Save It
Credit 101
Why Did My Credit Score Drop and How to Save It

Use our guide to discover what makes a credit score drop and what you can do to reverse the damage!

How Many Credit Cards Should I Have
Credit 101
How Many Credit Cards Should I Have

Here’s how to know if you’re on the right track with how many credit cards you should have.

Solving the New-to-Credit Problem
Petal HQ
Solving the New-to-Credit Problem

A better credit card using data and common sense.

What Is a Good Credit Score?
Credit 101
What Is a Good Credit Score?

When was the last time you looked at your credit score?

One Mission, Two Cards: Introducing Petal 1
Petal HQ
One Mission, Two Cards: Introducing Petal 1

A new, no-annual-fee card to help even more people improve their credit

Everything You Should Know About Credit Utilization
Credit 101
Everything You Should Know About Credit Utilization

The easiest way to understand credit utilization and credit utilization rate. We hope

Understand Credit Card APR & How to Get a Good One
Credit 101
Understand Credit Card APR & How to Get a Good One

Here's what you need to know about credit card APR, how it's calculated, and why it's worth looking into before you apply.

What is the difference between soft and hard credit inquiries?
Credit 101
What is the difference between soft and hard credit inquiries?

Those who pay close attention to their credit scores may have heard the term "credit pull."

Rewards for an Irresponsible World
Petal HQ
Feature
Rewards for an Irresponsible World

Pay on time, build credit history, get rewarded.

The Best Ways to Build Credit
Credit 101
The Best Ways to Build Credit

Your debit card could never.

Petal empowers members to “Leap” forward on their credit journey
Petal HQ
Petal empowers members to “Leap” forward on their credit journey

We’re excited to introduce “Leap,” a new program that provides tangible steps members can take to make progress towards their financial goals and further benefit from their Petal card.

Five Money Milestones to Conquer this Year
Feature
Five Money Milestones to Conquer this Year

It all starts with a little bit of change.