AppLink Apps
Petal Card
Petal's aim is to bring financial innovation and opportunity to everyone by using modern technology to help people build credit, avoid debt, and spend responsibly. Instead of solely relying on credit scores, Petal considers millions of additional data points to help more individuals qualify for credit, even if they have never had it before.
Petal offers two credit cards: PETAL 1 and PETAL 2. PETAL 1 is designed for those looking to improve their credit score, with no annual fee and a credit limit ranging from $300 to $5,000. PETAL 2 is the most advanced card, providing cash back benefits without any fees such as an annual fee, late payment fee, or foreign transaction fee. PETAL 2 offers a credit limit between $300 and $10,000.
Both cards come with cash back offers ranging from 2% to 10% from top brands and local businesses. Petal's app allows users to track their credit score, set budgets, manage subscriptions, and view all accounts in one place for better financial management. Petal reports to all three credit bureaus, and a prior credit history is not necessary to qualify.
With better technology, Petal offers lower variable APR rates. PETAL 1 has late and bounced payment fees, while PETAL 2 has no fees of any kind. Thank you for reading this far!