Petal

petalcard.com

Petal is a credit card company focused on providing responsible credit access to individuals with no prior credit history. It offers three types of credit cards designed to help users build credit while earning cash back on purchases. Petal differentiates itself through its innovative cash flow underwriting process, which evaluates applicants based on their financial behavior rather than solely on credit scores. The company has gained traction by appealing to a diverse customer base, including those who have struggled to obtain credit from traditional banks. With a commitment to equitable access to credit, Petal positions itself as a modern solution in the financial industry, aiming to simplify the credit-building process for its members.