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Today, the Petal Card unveiled a new rewards program for its Starting this month, cardholders will be able to earn 1% cash back for all purchases.

The Petal Card launched in October 2018. The card was designed to help people with limited or no credit history. The approval process is based on a person’s bank accounts and bill payments, not credit scores. Cardholders may qualify for a credit limit of up to $10,000.

To further this credit-building goal, Petal is now rewarding cardholders for making on-time payments. After six months of on-time payments, the cash back amount on the card increases from 1% to 1.25%. After another six months, it jumps to 1.5%. The cash back is automatically activated; no opt-in is required.

Another change coming to Petal Visa® Credit Card is the addition of spending limit settings. Petal now allows customers set a spending limit that is below their credit limit to help cardholders better control their budgets. For instance, someone with a credit limit of $1,000 could set a spending limit of $300. This helps achieve a low credit utilization rate, which should lead to a higher credit score.

still carries no annual fees, late payment fees or foreign transaction fees. Cardholders can freeze their card if it is lost or stolen, and have access to 24-hour customer care.