WebBank, the issuer of Petal cards, is a trusted financial institution known for its innovative approach to expanding credit access responsibly.
What you need to know about this credit card:
- Annual fee: $0, no hidden costs.
- Cashback rewards: 2% – 10% at selected merchants.
- Variable APR: Ranges from 28.99% to 33.99%.
- Credit limit increase path: Get rewarded for responsible credit usage with the Leap program.
Pros:
- No annual fee, perfect for budget-conscious users.
- Cashback at both local and national retailers.
- Tracks your credit score directly within the app.
- Offers protection with advanced fraud detection.
- Includes contactless payment technology for added convenience.
Cons:
- High APR compared to some competitors.
- Limited cashback options outside selected merchants.
Why choose WebBank Petal 1 for your credit card?
Compared to Capital One Platinum, Petal 1 offers cashback rewards, while Capital One lacks this feature.
Discover It Secured requires a deposit; Petal 1 doesn’t. Compared to Milestone Gold, Petal 1 boasts no foreign transaction fees, making it ideal for travelers.
Petal 1’s app integration surpasses OpenSky Secured, offering real-time credit tracking.
Lastly, unlike the Indigo Platinum Card, Petal 1 avoids hidden monthly fees, keeping costs transparent.
WebBank Petal 1: let’s get to know it a little better
How to apply for your WebBank Petal 1
Applying is simple and quick. Click I WANT THIS CARD to start your journey towards better credit today!