PetalReviews of petalcard.com

As everyone else has stated, they downgrade your account to their lowest level one. The lowest level account also has an $8 per month fee. I've had zero late payments and my credit score is high. 0 reason I should be getting downgraded.

In the same boat as all other other reviews listed. I would not suggest anyone sign up will Petal. The wrote me a few months ago and the message was HEY WHY ARENT YOU USING OUR CARD????. A few months later- I used it and they downgraded me to one with monthly fees.....Never late with a payment..

Would rate ZERO if I could. Just like all the other reviewers below, received email saying my card was downgraded and just last month they increased my account limit by $100. Never been late or carried balance over 30%. F them.

Petal just downgraded my petal 2 to their lowest credit card with the highest annual fee. I have never had a late payment ever I've been trying to call customer service and end up listening to hold music indefinitely. This is a cash grab and now they're not answering the phone. This is now just like a entry-level Credit one Credit card with a 35%+ interest rate.

Had a credit card with them for over 2 1/2 years now, probably my oldest card and longest credit card history, and i get an email telling me they are replacing my Petal 2 card with the Petal 1 card, and the only way to opt out is to delete your account and cancel the card in its entirety. No reason was stated for why they are making this decision, but i have seen many other people that have got the same issue going on as well. Cannot get ahold of anyone on the phone through Customer Service, phone just rings and rings without anyone picking up. I am sad to say that Petal card is going under and looks like they will not be in business much longer if this is what is going to be happening. Long story short, don’t bother signing up for Petal, choose a different card, there are so many of them out there with no fees and cash back, do not make the mistake of choosing them and ruining your credit like i did mine.

PETAL canceled my card issued a new one because they said their dark web monitor had found my card listed. My credit score took a 40+ point hit directly by this action. I know because all my other credit cards for that month had a $0 balance. PETAL said they don't report canceled cards to the three credit rating agencies. The agencies said get a credit counselor because they aren't licensed to give advice. AFTER getting my new card with a different account number, next month my credit score went up 40+ points. OK I said, let it slide, no permanent damage done. TODAY I received the same letter every dissatisfied and disappointed PETAL customers got. My PETAL 2 card was downgraded to PETAL 1 with $8 per month fees. GREAT, OPTED OUT NATURALLY AND THEY FORCED ME TO CLOSE MY ACCOUNT TO DO SO!! TWO YEARS OF CREDIT HISTORY DOWN THE DRAIN. NEVER LATE, ALWAYS ON TIME AND THIS IS MY REWARD. CAN ONLY GUESS WHAT WILL HAPPEN TO THE AVERAGE AGE OF ALL MY CREDIT CARDS. KNOW IT WON'T HELP! SAVING GRACE, I HAVE A $0 BALANCE AT CLOSURE. NO MORE HASSLES FROM PETAL UNLESS THEY MAKE UP CHARGES FRAUDULENTLY. DON'T GET PETAL, BAIT & SWITCH BY PUTTING A GUN TO YOUR HEAD. ONLY WAY TO NOT HAVE TO PAY THESE $96 PER YEAR BOGUS FEES. ANY LAWYERS NEED A CLASS ACTION LAW SUIT FOR PETAL?

They have a no annual fee card and now they are charging $8 per month. Close my account as soon as they sent me the notification.

I get a notice out of nowhere that states they are downgrading my Petal 2 card to a "Petal 1 Rise" card that charges a monthly fee of $8. Ridiculous! Then the email says "you can opt out by visiting your account now." Turns out, the way to opt out is to close your account entirely. In the FAQ is says to refer to the Change in Terms document for why your account is being downgraded, but the document gives no such reason as far as I can tell. I've been a loyal Petal customer for several years now. I got the card so I could build and maintain good credit. I have NEVER gotten near my credit limit or made a late payment. And now that I'm forced to close my account my credit score will go down. People should avoid Petal at all costs.