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Petal® 1 "No Annual Fee" Visa® Credit Card vs. Petal® 2 "Cash Back, No Fees" Visa® Credit Card

The Petal 2 is the ideal choice if you’re brand new to credit.

The winner: Petal® 2 "Cash Back, No Fees" Visa® Credit Card

Petal® 2

No credit required

  • No fees and $0 annual fee
  • Get 2% - 10% back from select merchants
  • Earn up to 1.5% cash back after meeting responsible spending requirements
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Steven Dashiell
Updated
Fact checked
The biggest difference between the Petal® 1 "No Annual Fee" Visa® Credit Card and the Petal® 2 "Cash Back, No Fees" Visa® Credit Card is the credit score requirements of each card. The Petal 2 is designed for those who need to build credit and have either no or good credit. It offers cash back and possesses no fees whatsoever. The Petal 1, on the other hand, is designed for those who are building credit. It doesn’t have an annual fee, though it does sport late fees for late and returned payments. It also lacks the flat rewards offered by the Petal 2.

Winner: Petal® 2 "Cash Back, No Fees" Visa® Credit Card

Both Petal cards are consumer-friendly for the purpose of credit building, though between the two, the Petal 2 is the card you want to shoot for. The lack of fees and flat rewards are terrific perks for a credit-building card and it’s one of our favorite recommendations for those new to credit. But even if you already have good or excellent credit, the Petal 2 is still a great, hassle-free credit card option.

Who should get the Petal® 2 "Cash Back, No Fees" Visa® Credit Card?

The Petal® 2 "Cash Back, No Fees" Visa® Credit Card is a terrific choice if you want to start building credit but don’t have a credit history. It’s also a great choice if you want a solid rewards card but don’t want to worry about the threat of credit card fees hanging over your head.

Who should get the Petal® 1 "No Annual Fee" Visa® Credit Card?

The Petal® 1 "No Annual Fee" Visa® Credit Card is a great credit-building option for those with a poor credit history and is a go-to choice if you don’t necessarily want to pay a security deposit for a secured credit card. The good news is there’s only one application on the Petal site: if you don’t meet the requirements for the Petal 2, you’ll automatically be considered for the Petal 1.

Petal® 1 "No Annual Fee" Visa® Credit Card

Petal® 1

Terms apply, see rates & fees

Petal® 2 "Cash Back, No Fees" Visa® Credit Card

Petal® 2

Terms apply, see rates & fees
Finder rating
Finder rating

★★★★★

4.5 / 5.0

★★★★★

2.9 / 5.0
Welcome offer
Welcome offer

N/A

N/A
Rewards
Rewards

2% - 10% cash back from select merchants

1% cashback, 1.25% after six on-time payments and 1.5% after 12 on-time payments, plus 2% - 10% back from select merchants
Purchase APR
Purchase APR

19.99% to 29.49% variable

12.99% to 26.99% variable

Annual fee
Annual fee $0 $0
Cash advance
Cash advance N/A N/A
Foreign transaction fee
Foreign transaction fee of each transaction None
Late payment fee
Late payment fee Up to $40 $0
Additional cardholder fee
Additional cardholder fee
Interest-free period
Interest-free period None 21 days
Minimum credit score
Minimum credit score 550 600
Card type
Card type Credit Credit
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