Best for no credit history
Petal® 2 “Cash Back, No Fees” Visa® Credit Card
Petal® 2 “Cash Back, No Fees” Visa® Credit Card
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in our Bankrate review
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If you’re just getting started with credit, you may want to look into the Petal® 2 “Cash Back, No Fees” Visa® Credit Card. This card comes with a minimum credit limit of $300 and a maximum limit of $10,000. Of course, you won’t know the credit limit you’ll receive until after your application has been reviewed and approved. This card also comes with no fees. If you have no credit history or need a forgiving card that won’t burden your balance with added charges, this can be a great card for learning the ropes.
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Pros
- One of the most accessible cards for building credit because it doesn’t require credit history.
- This card offers rewards, rare for credit-building cards.
Cons
- Its incentive-based rewards structure requires 12 on-time monthly payments before you can maximize your earnings.
- Its highest credit limit may not be available for people with no credit history or poor credit.