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Have you ever heard of “Petal”? It’s not just a type of flower but also a financial technology company that offers credit cards to consumers. The company was founded in 2016 with the mission to provide access to credit for people who are overlooked or underserved by traditional banks and credit card companies.

One of the unique features of Petal’s credit cards is that they don’t rely solely on credit scores to determine eligibility. Instead, they use a proprietary technology that looks at a person’s overall financial picture, including income and expenses, to make a decision. This means that people who may have limited credit histories or lower credit scores still have a chance to get approved for a Petal credit card.

Another perk of Petal’s credit cards is that they don’t charge many of the fees that other credit cards do. There are no annual fees, foreign transaction fees, or late payment fees. Petal also offers customizable and flexible payment schedules, so cardholders can choose when and how much they want to pay each month.

Petal’s credit cards also come with a cashback rewards program. Cardholders earn 1% cashback on purchases made with their Petal card. After six on-time payments, the cashback rate increases to 1.25%. And after 12 on-time payments, the cashback rate increases to 1.5%. This is a great incentive for responsible credit card use.

If you’re interested in applying for a Petal credit card, the application process is simple and straightforward. You can apply online through the Petal website or through the Petal app. Once you’re approved, you’ll receive your new credit card in the mail within a few business days.

Petal is a financial technology company that offers credit cards with unique features and perks. If you’re looking for a credit card that doesn’t rely solely on credit scores, has no fees, and offers cashback rewards, Petal might be the right choice for you.