Is the Petal Credit Card a charge card? This question is about the Petal® 2 Visa® Credit Card

Is the Petal Credit Card a charge card?

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

Stev Hopper, Member

@s.hopper • 09/03/20 This answer was first published on 09/03/20. 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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No, the Petal Credit Card isn't a charge card. It's a regular credit card.

The most important difference between a charge card and a regular credit card is that charge cards don’t allow you to carry a balance between months, while credit cards do.

You can carry a balance with Petal, it's just more rewarding in the long run if you don't.

Without any fees, it offers a 1% cash back, which can increase to 1.5% over time. For this, you will have to responsibly pay your full balance owed at the end of each billing cycle, for 12 consecutive months.

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