Petal Visa Credit Card review: One of the best no-fee cards for building credit

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This cash back card is one of the best for credit newcomers.

1.5% cash back after making 12 on-time monthly paymentsCard isn't for rebuilding credit, but it's good for building creditEstimated rewards earned after 5 years:You don't need any credit history needed to start earning rewards with the Petal Visa Credit Card. It uses a tiered cash-back rewards program to encourage you to build good habits and make all of your payments on time.

Your cash back will automatically accrue and become available to redeem during the next billing period. There's no expiration date and no limit to how much cash back you can earn as long as your account remains in good standing. You can redeem your cash back in the form of a credit statement or a check when your balance hits $20 or more.

Assuming you make each payment on time for your first twelve months, here's a breakdown of how much cash back you could earn in every category:$41 in year one; $55 after$45 in year one; $59 afterBased on the annual spending budget from Esri, the average American can earn an estimated $249

 

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