Petal 2 Visa
Petal
Welcome Offer
Is the Petal 2 Visa right for you?
The Petal 2 Visa is a no-annual-fee rewards card from Petal. Its strongest everyday earning is 2x on Petal Offers at select merchants, with 1x on most other purchases. With no fee, the question is simply whether 2x on Petal Offers at select merchants beats what your current card earns there.
Who it's for
- ✓ People who spend steadily on Petal Offers at select merchants, where it earns 2x
- ✓ Anyone who wants Petal Offers at select merchants rewards without paying an annual fee
Who should skip it
- — Heavy spenders outside Petal Offers at select merchants — everything else earns 1x
First-year value estimate
Year two, without the welcome bonus: about $150 before credits ($150 in rewards minus the $0 fee).
Assumptions
- $3,000 a year in Petal Offers at select merchants (2x) and $9,000 on everything else (1x) — $12,000 total, about $1,000 a month.
- Rewards valued at 1¢ per point or 1% cash back (cash-equivalent).
- No welcome bonus is listed in our record, so none is counted.
- No annual fee in any year.
An illustration, not a promise of value. Change the spending to match yours; rewards are not cash until redeemed. Card data reviewed 2026-04-27.
How it compares
Frequently asked questions
- Does the Petal 2 Visa have an annual fee?
- No. Our record lists a $0 annual fee for the Petal 2 Visa.
- What does the Petal 2 Visa earn?
- 2x on Petal Offers at select merchants, 1x on All other purchases (initial), 1.25x on All other purchases (after 6 on-time payments), 1.5x on All other purchases (after 12 on-time payments), and 1x on other purchases.
- Is the Petal 2 Visa worth it in the first year?
- Using our illustration ($12,000 of yearly spending, $3,000 of it in Petal Offers at select merchants), the first year comes out around $150 before credits, including a welcome bonus valued at $0. Year two drops to about $150 before credits.
- What credit do I need for the Petal 2 Visa?
- Our record lists "Limited/No Credit History" credit as the typical target for the Petal 2 Visa. Petal makes the final decision based on its own criteria.
Earning Rates
Other Benefits
Other Benefits
Reports to all three major credit bureaus; strong on-time payment history builds credit
Unlike the Petal 1, the Petal 2 charges NO fees of any kind for new cardholders — no annual fee, no foreign transaction fees, no late fees, no account fees
Automatic review for credit limit increases with responsible use
Insurance
Sources
- https://www.petalcard.com/petal-2
- https://www.nerdwallet.com/credit-cards/learn/is-the-petal-card-legit
- https://www.cnbc.com/select/visa-petal-1-vs-petal-2/
Last Updated: Apr 27, 2026