Petal 1 credit card; see how to apply

Find out how easy it is to build your financial history through the Petal 1 credit card, apply for yours now and enjoy!

Petal 1 Credit Card
Source: Google

The Petal 1 Card is a way to make everyday purchases that benefits merchants and customers alike. Merchants are able to process transactions quickly and securely, while customers can enjoy the convenience of paying for goods through their smartphone or smartwatch, without having to worry about carrying cash or cards with them.

This is a Visa card that can be used anywhere in the world and offers important benefits such as no balance transfer fee and no annual fee. In addition, the Petal 1 has no foreign transaction fees; no doubt, a great benefit as out of country transaction fees can be high when traveling abroad.

Traditional Visa Advantages

The Petal Visa card is an alternative for those who are looking for a secure card, with low cost and that offers many advantages. Check out some of the protections and assistance offered by Visa:

  • Cardholder consultation service: Count on a specialized support from Visa in case of general doubts, information about products and services to Visa Petal cardholders 1.
  • Roadside Dispatch: This is a pay-per-use roadside assistance service, which can be used 24 hours any day of the week. Roadside Dispatch asks what the problem is, the cardholder’s location, and stays on the call while arranging a dispatch to an operator.
  • Emergency Visa Card Replacement: Visa works with banks to arrange for the replacement of your Petal 1 card and dispatches it to you, wherever you are, within 72 hours. If in doubt, it is worth contacting the card issuing bank for more information.
  • Zero Liability: With this policy, you will not be held liable for any unauthorized transactions made with your Petal 1 card. The cardholder is covered if the card is lost or stolen and used fraudulently.

Petal 1 Visa Card Fees

This is a low cost credit card compared to other cards available to people with a low credit history. The card has no foreign transaction fees, also has no annual fee, and offers fair interest rate ranging from 20.24% to 29.74%, one of the lowest found today.

The APR of Petal 1 is not very competitive against Petal 2, which ranges from 13.24% to 27.24%, and Petal 2 does not charge late payment or refund fees. However, the Petal 1 card offers features such as an automatic payment option; this helps you avoid late payments. Which should be avoided as the card helps in building credit.

The initial limit of the Visa Petal 1 card is one of the great advantages, it has a minimum value of $ 300, and can reach $ 5,000; a differential for being an unsecured card in which it is part. In addition, a high limit enables low credit utilization rates and increases the cardholder’s credit score.

WebBank: Issuer of the Visa Petal 1 credit card

WebBank is a financial institution that offers personal and business banking services. Its flagship product, the Petal 1 card, is a credit card that has no annual fee, no foreign transaction fee, and offers reward points.

WebBank is a company that offers online banking services. It is one of the largest and fastest growing online banks in the United States. The Visa Petal 1 card, which can be used to make purchases at various establishments, restaurants, or if needed, to withdraw cash from an ATM.

WebBank is a company that offers online banking services. It is one of the largest and fastest growing online banks in the United States. Founded by Joe Lonsdale and David Risher, the company was initially named OneRiot, later changed its name to WebBank. In December 2018, the company reached about $25 million in assets under management and became one of the largest US-based Internet banks.

Earn cash back with the Visa Petal 1 card

Have you ever imagined receiving rewards on purchases made with your credit card? With the Petal 1 card, this is possible. Although it is a card with no consistent cash back program, Petal Perks is a program that you can occasionally receive cash back at select merchants.

Petal 1 Credit Card
Source: Petal 1 Credit Card

Petal Perks works like many credit card offer programs, however in this program the cardholder is automatically enrolled in Petal Perks offers with no activation required. You can receive 2% to 10% rewards on every qualifying purchase at retailers that are enrolled in the “cash back points” option.

How to apply for the Petal 1 Visa credit card

Applying for the Petal 1 Visa card is very simple, just go to the Petal website, at the top check the two options: Petal 1 and Petal 2, check the features and benefits of each product and make your choice. After reviewing the information, click apply, then fill out the form, read the terms and forward your information.