Petal review

No. The annual fee is $0, and Petal runs a no-annual-fee model. That puts it at rank 1 among 312 cards on this measure. The card is run by Tilt Card, Inc. in the US, so a fee of $0 only helps if you clear the balance.

The APR runs 28.24% to 33.24%. That is well above the median of 16% across the credit card ranking, and the ranking's upper quartile reaches 24.9%. Petal also serves borrowers with poor credit, which is where the rate comes from.

No. The currency conversion fee is 0%, and Petal lists no foreign transaction fees among its perks. That ranks it 1 of 186 cards on this measure, against a median conversion fee of 2% in the wider credit card list.

Rewards are cashback: cash back at select national merchants with personalised offers, and rates that vary by merchant. Because the cash back is tied to participating national merchants rather than all spending, everyday purchases outside that list earn little.

Petal targets borrowers with poor credit, and the site lists that group as the most common credit profile it serves. The card is aimed at US residents, operated by Tilt Card, Inc. and registered in the US with NMLS Consumer Access, listed as 2295169.

Petal runs a Leap programme that offers a path to a credit line increase as you use the card. The card also reports to the major credit bureaus and tracks your credit score in the app, so on-time use is what moves the line over time.

Support runs on email, phone and help centre. There is no branch network, and no chat or community channel is listed. For a card aimed at borrowers with poor credit, a phone line matters most if a payment or a fraud alert needs sorting quickly.

Yes. Petal lists card freeze and fraud detection among its perks, along with contactless payment and mobile wallet support. Those tools matter most for a card aimed at poor credit, since a frozen card stops new charges while a disputed one is investigated.