Petal

Petal: A Fintech Revolutionizing Credit Access and Financial Wellness

Petal, a financial technology company, leverages modern technology to democratize financial innovation and opportunity. Its mission is to empower individuals to build credit, manage debt effectively, and cultivate responsible spending habits. Unlike traditional credit systems that heavily rely on credit scores, Petal utilizes millions of data points, making credit accessible even to those with no prior credit history.

Petal offers two credit cards designed to meet diverse needs:

• Petal 1: Ideal for credit-building, this card boasts no annual fee and credit limits ranging from $300 to $5,000. Note that late and bounced payment fees apply.

• Petal 2: Petal's premium offering, Petal 2 provides cashback rewards without any fees whatsoever (no annual fee, late payment fee, or foreign transaction fees).

Both cards offer attractive cashback rewards of 2%-10% at numerous top brands and local businesses.

The user-friendly Petal app enhances financial management by allowing users to:

• Monitor their credit score
• Set and track budgets
• Manage subscriptions
• Consolidate all their financial accounts in one convenient location

Key advantages of Petal include:

• Expanded Credit Access: Petal's advanced technology expands credit opportunities to a wider range of individuals.
• Fee-Free Options: Petal 2 provides a completely fee-free cashback experience.
• Generous Cashback Rewards: Enjoy significant savings with cashback offers from a vast network of merchants.
• Comprehensive Financial Management: The Petal app simplifies and streamlines personal finance management.
• Credit Reporting: Petal reports to all three major credit bureaus, helping users build and improve their credit scores.
• Improved APR Rates: Petal's innovative technology contributes to lower variable APR rates.

Petal's innovative approach is transforming how people access and manage their finances, promoting financial wellness for everyone.