How do Petal cards compare to other new-to-credit cards?

When assessing creditworthiness, traditional banks often overlook millions of data points that could help you get approved. At Petal, in addition to your credit score, we analyze your banking history and transform it into a Cash Score — an alternative measure of your creditworthiness based on income, savings, and spending history. This allows more people to be approved with better rates, even if they've never had credit before. 

The full range of rates that Petal offers can be found on our website or in the Cardholder Agreements for Petal 1 and Petal 2


Was this article helpful?
25 out of 36 found this helpful