Jason Miles, Wallethub Credit Card Consultant
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No, you do not have to pay a security deposit on the Petal 2 Card because this is not a secured credit card.
This is an unsecured credit card, so credit will be determined based on your credit history, income and debt.
The issuer will take into account the same factors, along with your credit score, while considering your application. The Petal 2 Card accepts applicants with limited credit (less than 3 years of credit history). If this isn’t your case, you will need at least fair credit (640+) to get it.
Petal® 2 Visa® Credit Card
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