2.Best credit card for bad credit, unsecured-Petal® 2 Cash Back, No Fees Visa® Credit Card
Credit limit: $300 to $5,000
If you’re having a hard time getting approved for a standard credit card — and you prefer not to make a security deposit — the Petal® 2 Cash Back, No Fees Visa® Credit Card could be the perfect choice for you. Not only does it not require a security deposit, but it also has no annual fee or other maintenance charges. Additionally, there’s no credit check needed for approval.
Credit-building features
- After making on-time payments for six months, you’ll qualify for a credit line increase through the Leap program.
- Reports your credit history to the three major credit bureaus.
- Enjoy complimentary access to your credit score.
| Annual Fee | Rewards Rate | Regular Purchase APR | Recommended Credit |
|---|---|---|---|
| $0 | 1% – 10% cash back | 28.99% – 30.99% |
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Card Information
- Absolutely no fees at all. No late fees, no foreign transaction fees, no annual fees, or any other type of fees, fees.
- Variable APRs are between 28.99% and 30.99%.
- You can earn up to 1.5% cash back on eligible purchases after making 12 on-time monthly payments.
- Receive 1% cash back on eligible purchases immediately.
- Enjoy 2% to 10% cash back at selected merchants.
- Credit limits range from $300 to $10,000.
- No credit score? No worries. If you qualify, we’ll generate your Cash Score instead.
- Check if you’re pre-approved in just minutes without affecting your credit score.
- Build your credit alongside hundreds of thousands of fellow Petal card members.
- Petal reports to all three major credit bureaus.
- No deposits are necessary.
- Card issued by WebBank.
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