Questions? Let us help.

We started Petal to solve problems that we personally experienced. Despite working and paying bills responsibly, many of us had trouble qualifying for a decent credit card and establishing credit history. Others on our team have struggled with credit card debt and fees, and know how difficult traditional credit cards are to understand and manage. We believe that credit today is sideways, and we’re on a mission to fix it.

Petal makes money from the merchant when you use the card, from interest if you don’t pay off your full Statement Balance when it’s due, and from late and returned payment fees on Petal 1 (Petal 2 doesn’t have fees).

Getting a Petal card won’t cost you a dime! You won’t ever have to submit a deposit to get either card, and neither card charges a membership fee. But after you’re approved and start using your card, interest will be charged on any new purchases if you decide to pay off less than you’re spending (i.e., you carry a balance). Your interest rate is the variable Annual Percentage Rate (APR) you accept when you open your account.


When it comes to fees, each Petal card works a bit differently:

  • Petal 1 does have late payment fees, but they’re only charged if you don’t make at least the minimum payment by the due date. You will also be charged a returned payment fee for any payments that bounce and are returned by your bank. That means if you pay your minimum due on-time each month and your payments are not returned, you won’t pay any fees! 
  • Petal 2 has zero fees: no annual membership fees, late fees, or any-other-kind-of fees! So as long as you pay your Statement Balance in-full each month to avoid interest charges, Petal 2 won’t charge you a dime!

When assessing creditworthiness, traditional banks often overlook millions of data points that could help you get approved. At Petal, in addition to your credit score, we analyze your banking history and transform it into a Cash Score — an alternative measure of your creditworthiness based on income, savings, and spending history. This allows more people to be approved with better rates, even if they've never had credit before.

Petal 1 is a no-fee card designed for those with low-to-fair credit or cash flow who are seeking to improve their credit score.

Petal 2 is our most advanced card yet, and it’s designed for those with fair-to-good credit or cash flow. With Petal 2, you can enjoy all the perks of a cash back card without any of the fees. No annual fee, late payment fee, foreign transaction fee, or any-other-kind of fee. 

Both cards come loaded with 2% - 10% cash back on purchases made with top brands and over 500 local businesses. 

Not yet! Today, Petal is only available to permanent legal U.S. residents of the 50 states, Washington, D.C., or U.S. military locations, with a valid SSN or ITIN, but we hope to offer Petal in other countries in the future!


If you have a credit score, we’ll look at it. If you don’t, we won’t have enough information to make a decision, in which case we’ll ask you to link your bank account(s) so we can take a look at your Cash Score. Your Cash Score is based on factors like the bills you pay and the money you make. We generate this score after linking your bank account in our application flow.

The first part of the application is the pre-approval process. During this step, we'll perform a soft pull (which won't affect your credit score) to see if you're likely to be approved based on the information you've entered. If you're pre-approved, you'll be invited to apply fully for a Petal card. If you're not pre-approved, you won't be able to apply for a Petal card right now.

Keep in mind that getting pre-approved doesn’t guarantee approval for a Petal card. The only way to know for sure if you will be approved is to submit your application after the pre-approval process.

A pre-approval is good news—it means you’ve met the initial criteria for one, or both, of the Petal cards. You’ll still need to submit an application to see if you’re approved. If you’re pre-approved for both Petal 1 and 2, you’ll only be able to apply for one of those cards. If you weren't pre-approved for any Petal credits, you won't be able to move forward with your application at this time.

Pre-approval and approval are not necessarily the same. There are some instances where you may be pre-approved, but fail to qualify after submitting your application. This may happen, for instance, if there have been major changes to your credit report over the past 30 days. The only way to see for sure if you qualify is by submitting your full application after you’ve been pre-approved.

A Petal card is a great choice for people who are new-to-credit because Petal doesn’t require a credit history to apply. However, when making credit approval decisions, we look at an applicant's digital financial record—if a credit report is available, it may factor into our credit approval decision. Applicants who have a history of missed payments or bankruptcy, for example, may not qualify for a Petal card.


If you’ve already applied for a Petal card and have been declined, you can’t reapply to get another Petal card right now. For example, if you apply for a Petal 2 card and are declined, you cannot apply for a Petal 1 card. 

Don’t worry—we’re working on giving customers the chance to apply again in the future, so check back for updates!

Submitting your information for pre-approval is the first part of the application—during this step, only a soft pull is performed, which won't affect your credit score.


If you're pre-approved, you'll be invited to submit your full application for one of the Petal cards you qualify for. Once you apply, a hard inquiry is completed, which will show up on your credit report.

Keep in mind that the content on our FAQ and Help Center was created to help you better understand how Petal’s products and services work—it is not meant to provide legal or financial advice, or indicate the availability of any product or service. If you have questions about your particular financial situation, it’s best to talk with a qualified professional.
Couldn't find what you're looking for?
Questions? Let us help.

We started Petal to solve problems that we personally experienced. Despite working and paying bills responsibly, many of us had trouble qualifying for a decent credit card and establishing credit history. Others on our team have struggled with credit card debt and fees, and know how difficult traditional credit cards are to understand and manage. We believe that credit today is sideways, and we’re on a mission to fix it.

Petal makes money from the merchant when you use the card, from interest if you don’t pay off your full Statement Balance when it’s due, and from late and returned payment fees on Petal 1 (Petal 2 doesn’t have fees).

Getting a Petal card won’t cost you a dime! You won’t ever have to submit a deposit to get either card, and neither card charges a membership fee. But after you’re approved and start using your card, interest will be charged on any new purchases if you decide to pay off less than you’re spending (i.e., you carry a balance). Your interest rate is the variable Annual Percentage Rate (APR) you accept when you open your account.


When it comes to fees, each Petal card works a bit differently:

  • Petal 1 does have late payment fees, but they’re only charged if you don’t make at least the minimum payment by the due date. You will also be charged a returned payment fee for any payments that bounce and are returned by your bank. That means if you pay your minimum due on-time each month and your payments are not returned, you won’t pay any fees! 
  • Petal 2 has zero fees: no annual membership fees, late fees, or any-other-kind-of fees! So as long as you pay your Statement Balance in-full each month to avoid interest charges, Petal 2 won’t charge you a dime!

When assessing creditworthiness, traditional banks often overlook millions of data points that could help you get approved. At Petal, in addition to your credit score, we analyze your banking history and transform it into a Cash Score — an alternative measure of your creditworthiness based on income, savings, and spending history. This allows more people to be approved with better rates, even if they've never had credit before.

Petal 1 is a no-fee card designed for those with low-to-fair credit or cash flow who are seeking to improve their credit score.

Petal 2 is our most advanced card yet, and it’s designed for those with fair-to-good credit or cash flow. With Petal 2, you can enjoy all the perks of a cash back card without any of the fees. No annual fee, late payment fee, foreign transaction fee, or any-other-kind of fee. 

Both cards come loaded with 2% - 10% cash back on purchases made with top brands and over 500 local businesses. 

Not yet! Today, Petal is only available to permanent legal U.S. residents of the 50 states, Washington, D.C., or U.S. military locations, with a valid SSN or ITIN, but we hope to offer Petal in other countries in the future!


If you have a credit score, we’ll look at it. If you don’t, we won’t have enough information to make a decision, in which case we’ll ask you to link your bank account(s) so we can take a look at your Cash Score. Your Cash Score is based on factors like the bills you pay and the money you make. We generate this score after linking your bank account in our application flow.

The first part of the application is the pre-approval process. During this step, we'll perform a soft pull (which won't affect your credit score) to see if you're likely to be approved based on the information you've entered. If you're pre-approved, you'll be invited to apply fully for a Petal card. If you're not pre-approved, you won't be able to apply for a Petal card right now.

Keep in mind that getting pre-approved doesn’t guarantee approval for a Petal card. The only way to know for sure if you will be approved is to submit your application after the pre-approval process.

A pre-approval is good news—it means you’ve met the initial criteria for one, or both, of the Petal cards. You’ll still need to submit an application to see if you’re approved. If you’re pre-approved for both Petal 1 and 2, you’ll only be able to apply for one of those cards. If you weren't pre-approved for any Petal credits, you won't be able to move forward with your application at this time.

Pre-approval and approval are not necessarily the same. There are some instances where you may be pre-approved, but fail to qualify after submitting your application. This may happen, for instance, if there have been major changes to your credit report over the past 30 days. The only way to see for sure if you qualify is by submitting your full application after you’ve been pre-approved.

A Petal card is a great choice for people who are new-to-credit because Petal doesn’t require a credit history to apply. However, when making credit approval decisions, we look at an applicant's digital financial record—if a credit report is available, it may factor into our credit approval decision. Applicants who have a history of missed payments or bankruptcy, for example, may not qualify for a Petal card.


If you’ve already applied for a Petal card and have been declined, you can’t reapply to get another Petal card right now. For example, if you apply for a Petal 2 card and are declined, you cannot apply for a Petal 1 card. 

Don’t worry—we’re working on giving customers the chance to apply again in the future, so check back for updates!

Submitting your information for pre-approval is the first part of the application—during this step, only a soft pull is performed, which won't affect your credit score.


If you're pre-approved, you'll be invited to submit your full application for one of the Petal cards you qualify for. Once you apply, a hard inquiry is completed, which will show up on your credit report.

Keep in mind that the content on our FAQ and Help Center was created to help you better understand how Petal’s products and services work—it is not meant to provide legal or financial advice, or indicate the availability of any product or service. If you have questions about your particular financial situation, it’s best to talk with a qualified professional.
Couldn't find what you're looking for?