Petal 2 Visa Credit Card

Petal 2 VISA Credit Card

Important Disclosures

Rates, fees, and other important information about the Petal 2 VISA Credit Card ("Card") are set forth in these Important Disclosures. The customized version of these Important Disclosures (the "Customized Disclosures") that we provide you prior to your first use of the Card or the related credit card account are part of the Petal 2 VISA Credit Card Cardholder Agreement ("Agreement").

Interest Rates and Interest Charges
Annual Percentage Rate(APR) for Purchases 28.24%-30.24% when you open your account, based on your creditworthiness. After that, these APRs will vary with the market based on the Prime Rate.
How to Avoid Paying Interest on Purchases Your due date is at least 21 days after the close of each billing cycle. We will not charge you any interest on purchases if you pay your entire balance by the due date each month.
For Credit Card Tips from the Consumer Financial Protection Bureau To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at www.consumerfinance.gov/learnmore
Fees
Annual Membership Fee $0
Transaction Fees
Cash-Like Transaction None
Foreign Purchases None
Penalty Fees
Late Payment None
Returned Payment None

How We Will Calculate Your Balance: We use a method called “daily balance.” See the Agreement for more details.

Billing Rights:

Information on your rights to dispute transactions and how to exercise those rights is provided in your Agreement.

Variable APR: The APR on your Account will be determined, for each day in your billing cycle, by adding a margin to the Prime Rate (U.S.) as published in the Money Rates section of The Wall Street Journal two business days (not weekends or federal holidays) before the first day of your billing cycle. The margin which will be added to the Prime Rate for purchases is 21.49%-23.49%. As of January 5, 2026, the Prime Rate was 6.75%.

The issuer of the credit card program is WebBank. The information about the cost of the Card described in this table is accurate as of January 5, 2026. This information may change after that date.

Arbitration Clause; Notices: PLEASE REVIEW THE ARBITRATION CLAUSE AND NOTICES SET FORTH IN EXHIBITS A–C OF THE AGREEMENT.

Cardholder Agreement

This Agreement governs your VISA® credit card account (“Account”) and related credit card (“Card”) issued by WebBank, located in Salt Lake City, Utah (the “Bank”). This Agreement includes the Important Disclosures we provided to you after approving you for the Account (the “Customized Disclosures”), the Arbitration Clause attached as Exhibit A, the Billing Error Rights Notice attached as Exhibit B, the State Notices attached as Exhibit C, and your credit card application.

1. Accepting this Agreement.

This Agreement becomes effective and legally binding when you activate your Card (either by following the instructions on the information provided alongside the card shipped to you, or via the mobile application you use to manage your Account). You and we agree to comply with, and be bound by, this entire Agreement.

2. Purchases.

You may use your Account to purchase or lease goods or services and make other transactions we permit (each, a "purchase") by presenting your Card, or providing to participating merchants and establishments that honor the Card, your Card number and additional information you use to access your Account by any other means.

Cash-like transactions are purchases; provided, however, that additional terms and conditions may apply to cash-like transactions, as set forth in this Agreement. Examples of cash-like transactions include but are not limited to the following, to the extent they are accepted: the purchase of traveler’s checks, foreign currency, and money orders; the purchase of or payment for lottery tickets, casino gaming chips, race track wagers, and similar offline and online betting transactions; payment for wire transfers, person-to-person money transfers, and account-funding transactions that transfer currency and the purchase of gift cards, to the extent permitted by law and applicable payment network rules; payment for bail bonds and to collection agencies; and making a payment using a third-party service, including bill payment transactions not made directly with the merchant or their service provider.
You may not use your Card or Account to (i) transfer a balance from another credit account to your Account (“balance transfer”), (ii) obtain cash from an automated teller machine or other device available for such purpose, a financial institution, or other location, or (iii) purchase cryptocurrency or other similar digital or virtual currency.
You agree that we may rely on information provided by merchants, payment processors, and your applicable payment network to categorize transactions among various types of purchases, balance transfers, and other types or categories of transactions, as well as by merchant category. We reserve the right to deny any purchase for any reason, such as Account default, suspected fraudulent or unlawful activity, suspected violation of the terms of this Agreement, or any indication of increased risk related to the purchase.

3. Prohibited Uses of Account.

You agree that you will only use the Account for personal, family or household purposes and will not use the Account for any unlawful purpose, in any manner not permitted by this Agreement, or for the purpose of paying us on this or any other form of credit account you may have with us.

4. Promise to Pay.

You promise to pay us for all amounts charged to the Account, including all purchases, interest, fees and other charges charged to your Account.

5. Credit Limit; Available Credit.

(a) We will assign a maximum amount of credit to your account (your “credit limit”). We will disclose your then-current credit limit and available credit on each monthly statement we send you. We may increase or decrease your credit limit at any time, on our own initiative or at your request (if we accept such requests). We may also close your Account or suspend your ability to use the Account at any time. (b) At any time, your available credit equals the excess (if any) of your credit limit over your outstanding Account balance (including principal, fees and interest charges). You agree not to attempt any purchase that exceeds your available credit.

6. Monthly Statements.

We will send you a monthly statement shortly after the end of each monthly billing cycle with any activity, fee or interest charge or an ending debit or credit balance in excess of $1.00. Your monthly statements will show, among other matters, the outstanding balance at the start and end of the billing cycle (that is, the “previous balance” and “statement balance,” respectively); purchases; payments, credits and adjustments; interest charges and fees; your credit limit and available credit; and the minimum payment due and payment due date.

7. Interest Charges.

(a) General. We use the “daily balance” method to calculate your interest charges. See Section 7(d)(ii) for further details. (b) Grace Period on Purchases. (i) If your Account balance is $0 at the beginning of a billing cycle or you pay the entire Account balance as of the beginning of a billing cycle by the payment due date that falls in such billing cycle, you get a “grace period” and will not be charged any interest charges for such billing cycle. (ii) If you do not get a grace period for a billing cycle but you got a grace period for the immediately preceding billing cycle, we will not charge interest charges on purchases that were outstanding during such preceding billing cycle to the extent such purchases are paid by the payment due date that falls in the current billing cycle. (iii) If you get a grace period on purchases for a billing cycle on account of a payment that is dishonored or reversed in the next billing cycle or a credit that is reversed in the next billing cycle due to the resolution of a billing dispute, we will charge you in the next billing cycle the interest charges you avoided in the prior billing cycle due to the dishonored or reversed payment or credit. (c) Interest Rates. (i) The daily periodic rate for each day in a billing cycle equals the APR for that day divided by 365. (ii) The APR for each day in a billing cycle equals the sum of the Margin shown on your Customized Disclosures and the WSJ Prime Rate as of the most recent Determination Date.

8. Fees.

Subject to applicable law, you agree to pay the fees disclosed above in your Customized Disclosures. These fees may include: (a) Membership fees. If you are charged a membership fee, the membership fee will be charged to your Account as disclosed in your Customized Disclosures, whether or not you use your Account, starting from the date you activate your Card. Any membership fee will be added to the purchase balance and may incur interest. (b) Penalty fees. (i) If there is a “Late Fee” listed in your Customized Disclosures above, we may charge this fee each time we do not receive your minimum payment due in full by the payment due date. (ii) If there is a “Returned Payment Fee” listed in your Customized Disclosures above, we may charge this fee each time a payment on your Account is returned or reversed for any reason. (c) Additional Fees. We may charge fees for special services you request in accordance with applicable law.

9. Limits on Interest, Fees and Charges.

It is not our intent to charge or collect any interest, fee or charge in excess of the amount permitted by applicable law.

10. Payments.

(a) Each month, you must pay at least the minimum payment due shown on your monthly statement by the “cut-off time” on the payment due date shown on your monthly statement. The payment due date will be at least 21 days after the date of the monthly statement. (b) If the new balance shown on your monthly statement for a billing cycle (the “Statement Cycle”) is less than $25.00, the minimum payment due in the next billing cycle equals such new balance.

Otherwise, the minimum payment due equals:

(c) You agree to make all payments in U.S. dollars in accordance with our instructions.

11. Prepayment.

At any time, you may pay all or any part of your outstanding Account balance, without penalty.

12. Termination.

Subject to applicable law, we may suspend, revoke or cancel your Account privileges, your right to use the Card or deny any transaction, in our sole discretion at any time, with or without cause and with or without giving you notice.

13. Default.

Subject to applicable law, we may declare you to be in default under this Agreement if you fail to pay any minimum payment due, attempt to exceed your credit limit, or provide false information.

14. Remedies.

In case of default under this Agreement, we may declare all or any portion of your outstanding Account balance to be immediately due and payable.

15. Delay in Enforcement.

We may at any time delay or waive enforcing any of our rights or remedies under this Agreement.

16. Servicer.

Tilt Card, Inc. (“Tilt”) is the servicer of your Account and Card. In that capacity, Tilt may act on our behalf.

17. Communications and Call Recording.

You authorize WebBank and Tilt to use automatic telephone dialers and other systems to deliver messages related to this Agreement.

18. Notices and Change in Information.

All notices to us must be sent to the servicer, Tilt.

19. Access to Financial Data.

If any material financial accounts are linked to your Account, you must provide us access by inputting your login credentials.

20. Credit Reporting.

You authorize us to obtain information for the purpose of reviewing your Account or determining eligibility for future credit.

21. Inaccurate Information.

You have the right to dispute the accuracy of information we reported to a credit bureau.

22. Identity Theft.

You can request an Identity Theft Form if you believe you have been the victim of identity theft in connection with your Account.

23. Military Lending Act.

Federal law provides important protections to members of the Armed Forces.

24. Lost or Stolen Cards.

If your Card is lost or stolen, you must notify us promptly.

25. Governing Law.

This Agreement and your Account are governed by federal law and the laws of the State of Utah.

26. Severability.

If any part of this Agreement conflicts with applicable law, that law will control.

27. Bankruptcy.

You promise that you are not a debtor under bankruptcy proceedings.

28. Notice and Cure.

Prior to initiating a lawsuit regarding a legal dispute, the party must give the other written notice of the Claim.

29. Waiver of Right to Class Actions.

YOU ARE WAIVING YOUR RIGHT TO INITIATE OR PARTICIPATE IN A CLASS ACTION RELATED TO THIS AGREEMENT.

30. Waiver of Right to Trial by Jury.

YOU AND WE ACKNOWLEDGE THAT THE RIGHT TO TRIAL BY JURY IS A CONSTITUTIONAL RIGHT BUT MAY BE WAIVED IN CERTAIN CIRCUMSTANCES.

31. Entire Agreement.

This Agreement constitutes the entire agreement between you and us with respect to the Account and the Card.

32. Customer Privacy.

Our privacy policy is provided separately and can be viewed online.

33. Assignment.

We may at any time sell, pledge or transfer this Agreement to any party.

34. Change of Terms.

We may at any time change, add to or delete terms and conditions of this Agreement.

35. Special Offers and Payment Plans.

At our discretion, we may make special offers to you at any time.

36. Recurring Purchases.

You may authorize a merchant to initiate purchases on a recurring basis to your Account.

37. Foreign Currency Transactions.

If you make a transaction in a foreign currency, the credit card association will convert it into U.S. dollars via an exchange rate selected by the association.

38. Headings.

The section headings of this Agreement are for convenience and do not constitute substantive parts of this Agreement.

ARBITRATION CLAUSE—EXHIBIT A

Background and Scope.

Question Short Answer Further Detail
What is arbitration? An alternative to a court case In arbitration, a third party arbitrator (“TPA”) resolves claims in a hearing.
Is it different from court and jury trials? Yes The hearing is private, usually less formal, faster, and less expensive than a lawsuit.
Can you opt-out of this Clause? Yes, within 30 days If you do not want this Clause to apply, send us a written notice.
What is this Clause about? The parties' agreement to arbitrate Claims Unless you are a member of the Armed Forces or a dependent, you and we agree to arbitration of any “Claim.”
Who does the Clause cover? You, us, Tilt and certain “Related Parties” This Clause governs you, us, and our “Related Parties.”
What Claims does the Clause cover? All Claims (except certain Claims about this Clause) This Clause governs all “Claims” between the Bank or any Related Party and you.
Who handles the arbitration? Usually AAA or JAMS Arbitrations conducted under this Clause and the arbitration rules of the company.
Can Claims be brought in court? Sometimes You or we may bring a lawsuit if the other party does not demand arbitration.
Are you giving up any rights? Yes You give up your right to jury trials and class actions.
What happens if part of this Clause cannot be enforced? It depends. If a court rules that the TPA can decide a Claim on a class basis, only part of this Clause will apply.
What law applies? The Federal Arbitration Act (“FAA”) This agreement involves interstate commerce.
Will anything you do make this Clause ineffective? No This Clause stays in force even if the Agreement ends.

Process.

Question Short Answer Further Detail
What must a party do before starting a lawsuit or arbitration? Send a written Claim Notice and work to resolve the Claim Before starting a lawsuit or arbitration, the Claimant must comply with Section 28 of this Agreement.
How does arbitration start? Mailing a notice If the parties do not reach an agreement to resolve the Claim within 30 days, the Complaining Party may start arbitration.
Will any hearing be held nearby? Yes Any in-person arbitration hearing must be held at a place convenient to you.
What about appeals? Very limited Appeal rights under the FAA are very limited.

Arbitration fees and Awards.

Question Short Answer Further Detail
Who bears arbitration fees? Usually, we do We will pay filing and administrative fees if you act in good faith.
When will we cover your legal fees and costs? If you win If you win an arbitration, we will pay your reasonable fees and costs.
Will you repay us for arbitration or attorneys’ fees? Only for bad faith Only if the TPA finds you have acted in bad faith.
Can a failure to resolve a Claim informally result in a larger recovery for you? Yes You are entitled to an arbitration award of at least $5,000 if you comply with notice requirements.

BILLING-ERROR RIGHTS NOTICE—EXHIBIT B

Your Billing Rights: Keep This Document For Future Use

This notice tells you about your rights and our responsibilities under the Fair Credit Billing Act.

If you think there is an error on your statement, write to us at: WebBank, c/o Tilt Card, Inc., 9169 W State St #499, Garden City, ID 83714, Attn: Billing Dispute.

What To Do If You Think You Find A Mistake On Your Statement - Account information: Your name and account number. - Dollar amount: The dollar amount of the suspected error. - Description of problem: If you think there is an error on your Statement, describe what you believe is wrong.

You must contact us within 60 days after the error appeared. When we receive your letter, we must do two things:

STATE NOTICES—EXHIBIT C

Residents of All States: NOTICE TO THE APPLICANT - 1. DO NOT SIGN THIS CREDIT AGREEMENT BEFORE YOU READ IT OR IF IT CONTAINS BLANK SPACES. 2. YOU ARE ENTITLED TO A COMPLETELY FILLED IN COPY OF THIS CREDIT AGREEMENT. 3. YOU MAY AT ANY TIME PAY MORE than the minimum payment, or your entire balance in full without incurring any additional charge for prepayment.