About Petal

Until recently banks owned their customer's banking history. If you switched banks your history wouldn't come with you. Not anymore. Thanks to modern technology and new regulations, your banking history belongs to you. This has created new possibilities for how people manage their money. And even apply for credit.

Traditional banks often overlook millions of data points that could help you get approved. At Petal, we analyze your banking history and transform it into a Cash Score — an alternative measure of your creditworthiness based on income, savings, and spending history. This allows more people to be approved with better rates, even if they've never had credit before.

After approval, they give you all the tools you need to build positive credit history and track your score. Your Petal card activity will be reported to all three major credit bureaus. Plus you can set a budget and freeze your card at any time.