Petal: Empowering Financial Inclusion through Technological Innovation

Petal, a leading financial technology company, harnesses modern technology to foster financial empowerment for all. Its mission is to make credit accessible, prevent debt, and promote responsible spending.

Innovative Credit Assessment

Unlike traditional credit scoring models, Petal analyzes millions of data points beyond credit history. This enables more individuals to qualify for credit, even those with limited or no prior experience.

Petal Credit Cards

Petal offers two credit cards tailored to diverse financial needs:

• Petal 1: Designed for credit score improvement, it requires no annual fee and offers credit limits from $300 to $5,000.
• Petal 2: As Petal's premium card, it provides cashback rewards without any fees. This card has no annual fee, late payment fee, foreign transaction fee, or any other charges.

Cashback Rewards

Both Petal cards offer generous cashback rewards of 2% to 10% from renowned brands and local businesses.

Comprehensive App

Petal's user-friendly app empowers users to:

• Track their credit score
• Establish budgets
• Manage subscriptions
• Consolidate all account information

Credit Reporting and Accessibility

Petal reports to all three major credit bureaus. Notably, previous credit history is not a prerequisite for qualification.

Additional Advantages:

• Petal leverages advanced technology to offer lower variable APR rates.
• Petal 2 eliminates all fees, including late and bounced payment fees.
• Petal 1 incurs late and bounced payment fees.

By leveraging innovation and data-driven insights, Petal empowers individuals to build financial stability, improve their creditworthiness, and embrace responsible financial habits.