What is the Petal 2 Card credit limit? This question is about the Petal® 2 Visa® Credit Card

What is the Petal 2 Card credit limit?

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This question is about the Petal® 2 Visa® Credit Card

Chip Lupo, Credit Card Writer

@CLoop • 08/17/22 This answer was first published on 08/17/22. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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The Petal 2 Card credit limit is $300 to $10,000. Everyone who gets approved for Petal 2 Card is guaranteed a credit limit of at least $300, and particularly creditworthy applicants could get limits a lot higher than that. The higher an applicant’s credit score and income are, the higher the starting credit limit is likely to be.

The Petal 2 Card credit limit that you start with isn’t necessarily your credit line forever. WebBank will evaluate your account periodically to determine whether you are eligible for a credit limit increase. Paying on time and keeping your credit utilization low are key for getting unsolicited credit line increases with WebBank.

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Does Petal give credit increases?

Yes, Petal does give credit increases to cardholders who use their card responsibly over time.

Thanks to the Petal “Leap” program, cardholders who pay their bill on time for six straight months and maintain their credit score may automatically receive a credit limit increase. All Petal card credit limit increases are automatic, since Petal does not currently allow people to request a higher credit limit on demand.

To qualify for an automatic credit...

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What's the Petal 2 Visa credit score requirement?

The Petal® 2 Visa® Credit Card is available to people with limited credit. That means you do not need to have a credit score to get approved for the Petal® 2 Visa® Credit Card.

Having said that, it is also worth mentioning that if you have already established a credit history, you will need at least fair (640+) credit to get this card.

You should note that while your credit score is an important factor, there are plenty of other things...

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How do you get approved for a high limit credit card?

To get approved for a high limit credit card, you will need good to excellent credit and proof that you can afford a high spending limit. More specifically, your credit limit will be determined by several factors, including your income, assets, and existing debt obligations. Picking the right credit card goes a long way, too.

How to Get Approved for a High Limit Credit Card

Apply for a credit card with a...

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