Petal 2 Visa Review

Banner imageCredit card image
ByGrace Pilling
Edited byJonathan Ramos
ByGrace Pilling
Edited byJonathan Ramos

Updated: June 11, 2024

Advertising & Editorial Disclosure

Shield Insurance

MoneyGeek partners with leading industry experts and advertisers to help you get to your financial happy place. Our content is accurate when posted but offers may change over time. We may receive compensation for partner advertisements, but our editorial team independently reviews and ranks products. Learn more about our editorial policies.

Petal 2 Visa

Rewards Rate1% Cash Back on All Purchases
APR18.24% – 32.24% Variable
Annual Fee$0

The Petal 2 Visa brings innovation to credit cards, championing transparency by eliminating hidden fees. Whether you're globetrotting or nurturing your credit history, this card has your back, always keeping major bureaus informed. Its cash back system rewards everyday spending and offers amplified returns with select merchants. For the tech-inclined, its smooth integration with digital wallets and swift contactless payments simplify transactions. Dive in, but anticipate a brief learning curve with the rewards setup.

Petal 2 Visa Overview

Carefully evaluating a credit card's features to ensure alignment with your financial needs and goals is essential, as not all attributes may be beneficial.

  • Rewards rate: Earn 1% cash back on eligible purchases right away, Up to 1.5% cash back on eligible purchases after making 12 on-time monthly payments, and 2%-10% cash back at select merchants
  • Welcome offer: None
  • Regular APR: 18.24%-32.24% (Variable)
  • Annual fee: $0
  • Intro APR offer: None

Important Card Details

Finding the right credit card can be difficult, especially with numerous features to consider. Our analysis of the Petal 2 Visa delves into its unique attributes, highlighting both its advantages and potential areas of caution.

    cashBack icon

    Cash Back Rewards

    For savvy shoppers, the Petal 2 Visa stands out for its rewards, offering 1% cash back on all purchases initially. With consistent payments for a year, it boosts to 1.5%. The card's cash back increases significantly for those skilled at strategic shopping. You can earn an impressive 2% to 10% back at specific merchants. This versatility makes it an attractive option for diverse spending preferences.

    noFee icon

    Fees

    In an era where hidden fees are the norm, the Petal 2 Visa stands out with its fee-free commitment — a refreshing change. When we say no fees, we mean no late fees, no foreign transaction fees and certainly no annual fees. This offers significant savings in the long run. Especially for international travelers, the lack of foreign transaction fees can mean substantial savings on trips abroad.

    goodCredit icon

    Credit Building Potential

    If you're planning for the future and considering your credit health, the Petal 2 Visa is an excellent tool. It features a quick pre-approval process that doesn't impact your credit score, and the card actively reports to all three major credit bureaus. Regularly using the card and making payments on time can positively influence your credit over time. For those just starting or rebuilding, consistent reporting can be the key to a brighter financial future.

    contactlessPayment icon

    Other Features

    Modern spenders will appreciate the Petal 2 Visa's adaptability. Gone are the days of fumbling for cards; with Petal's mobile wallet compatibility, payments are just a tap away. The convenience factor rises with its contactless payment feature, streamlining your checkout experience. Whether it's a quick coffee run or a major shopping spree, the Petal 2 Visa ensures a fast, secure and seamless transaction every time.

How the Petal 2 Visa Compares

Comparing the features and benefits of two credit cards can provide invaluable insights to determine which card best aligns with your financial objectives.

How This Card Compares

creditCard icon

Petal 2 Visa

  • Rewards rate: Earn 1% cash back on eligible purchases right away, Up to 1.5% cash back on eligible purchases after making 12 on-time monthly payments, and 2%-10% cash back at select merchants
  • Welcome offer: None
  • Regular APR: 18.24%-32.24% (Variable)
  • Annual fee: $0
  • Intro APR offer: None
  • Best for: Individuals seeking a progressive rewards structure with no annual fee, especially those focused on building or rebuilding credit through timely payments.
creditCard1 icon

Capital One QuicksilverOne Cash Rewards Credit Card

  • Rewards rate: 1.5% cash back on every purchase
  • Welcome offer: None
  • Regular APR: 30.74% (Variable)
  • Annual fee: $39
  • Intro APR offer: None
  • Best for: Individuals looking for a consistent cash back rate on all purchases and willing to pay a modest annual fee for straightforward rewards.

About Grace Pilling


Grace Pilling headshot

Grace Pilling was the Senior Content Manager for Credit Cards at MoneyGeek. She previously led personal finance teams at Bankrate, CreditCards.com and MoneyUnder30.

Pilling has a bachelor's degree in English from Western Sydney University and a diploma in book editing, proofreading and publishing. She is focused on empowering readers to make informed financial choices that support their best lives, not a company’s bottom line.


*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, credit card issuer, hotel, airline, or other entity. Learn more about our editorial policies and expert editorial team.
Advertiser Disclosure: MoneyGeek has partnered with CardRatings.com and CreditCards.com for our coverage of credit card products. MoneyGeek, CardRatings and CreditCards.com may receive a commission from card issuers. To ensure thorough comparisons and reviews, MoneyGeek features products from both paid partners and unaffiliated card issuers that are not paid partners.