Petal Visa® Credit Card
The Petal Visa Credit Card is one of the best starter credit cards on the market. It offers cash back rewards, considers people with a thin credit history and holds the potential for a low-interest rate compared with what you might get from other cards meant for building credit. Plus, it doesn’t have add-on fees. But the interest rate could also be high, so you may be in danger of paying a lot in interest if you carry a balance.
pros and cons
Apply with no credit history.
Offers credit limits of up to $10,000.
No fees apart from interest payments.
It offers a money management tool.
Cashback rewards for all purchases, which increase when you pay on time.
APR on purchases.
People who have struggled with credit may not qualify can be high.
Cost
Annual Fee
$0
Purchase APR
14.49% - 25.49% (V)
Foreign Transaction Fee
$0
Cash Back
2%
Credit Score
Limited History