OpenSky® Secured Visa® Credit Card

OpenSky® Secured Visa® Credit Card

Apply Now

on Capital Bank, N.A.'s secure site

OpenSky® Secured Visa® Credit Card

Apply Now

on Capital Bank, N.A.'s secure site

OpenSky® Secured Visa® Credit Card Review

This secured card is right in the middle in terms of rates and fees. The annual fee is pretty low compared to similar credit cards.

3.5

 

Rated 3.5/5.0 stars by our editorial team

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Our editors rate credit cards objectively based on the features the credit card offers consumers, the fees and interest rates, and how a credit card compares with other cards in its category. The ratings are the expert opinion of our editors, and not influenced by any remuneration this site receives from card issuers.

OpenSky® Secured Visa® Credit Card

  Apply Now
OpenSky<sup>®</sup> Secured Visa<sup>®</sup> Credit Card
Apply Now

on Capital Bank, N.A.'s secure site

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OpenSky® Secured Visa® Credit Card

SIGN-UP BONUS

N/A

REWARDS RATE

Earn up to 10% cash back* on everyday purchases

Purchase APR

25.64% (variable)

Build Credit

Build credit quickly. OpenSky reports to all 3 major credit bureaus.

Flexible Due Date

Choose the due date that fits your schedule with flexible payment dates

Annual Fee

$35

Card Brand

Visa®

Recommended Credit Score

Poor

Highlights

  • New feature! Earn up to 10% cash back* on everyday purchases
  • No credit check to apply. Zero credit risk to apply!
  • Looking to build or rebuild your credit? 2 out of 3 OpenSky cardholders increase their credit score by an average of 41 points in just 3 months
  • Get free monthly access to your FICO score in our mobile application
  • Build your credit history across 3 major credit reporting agencies: Experian, Equifax, and TransUnion
  • Add to your mobile wallet and make purchases using Apple Pay, Samsung Pay and Google Pay
  • Fund your card with a low $200 refundable security deposit to get a $200 credit line
  • Apply in less than 5 minutes with our mobile first application
  • Choose the due date that fits your schedule with flexible payment dates
  • Fund your security deposit over 60 days with the option to make partial payments
  • Over 1.4 Million Cardholders Have Used OpenSky Secured Credit Card To Improve Their Credit
  • *See Rewards Terms and Conditions for more information

Additional Info

Foreign Transaction Fee

3% of each Transaction in U.S. dollars

Balance Transfer Fee

N/A

$0 Fraud Liability

No

Auto Rental Insurance

No

Extended Warranty Program

No

Roadside Assistance

No

Purchase Protection

No

Travel Assistance

No

Flight Accident Insurance

No

Lost Luggage Reimbursement

No

Concierge Service

No

See your approval odds before you apply
There's no impact to your credit

Expert Review

Editor's Overall Rating

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Our editors rate credit cards objectively based on the features the credit card offers consumers, the fees and interest rates, and how a credit card compares with other cards in its category. The ratings are the expert opinion of our editors, and not influenced by any remuneration this site receives from card issuers.

3.5

         

From the LendingTree editorial team, updated on May 22, 2024

A secured card is a great option for those who are looking to improve their credit, but can’t get approved for a traditional unsecured credit card, or, for those who wish to have a higher credit line that other issuers simply can’t give them. The OpenSky® Secured Visa® Credit Card allows their card holders to have a credit line as high as $3,000 (subject to approval), which is a bit higher than other secured cards, with the minimum being $200. Like most secured cards there’s not much you’re going to get in terms of rewards, points or cash back, but they do report to credit bureaus, ensuring that you'll be able to build credit with responsible use.

One great perk that makes this credit card stand out is that there is no credit check necessary to open an account. The online application is quick and easy and applicants do not need to have a checking account to get approved. Fees that are attached with this card are pretty typical with the APR at 25.64% (variable) and an annual fee of $35.

The terms and conditions of the card state penalty fees of Up to $40 . A deposit is required at the time of application since approvals are instant and no checking account is required. This card will work anywhere Visa is accepted. 

The Good

  • There is no credit check necessary and you don't need a checking account either. A low annual fee and the potential for a high credit line makes this a great choice if you're looking for a solid secured credit card.

The Not So Good

  • If you’re looking for a card with rewards, points, or cash back, this isn’t the card for you. A secured card may not be your top choice, but it’s essential to building your credit.

The Bottom Line

This secured card is right in the middle in terms of rates and fees. The annual fee is pretty low compared to similar credit cards.


Editorial Note: This content is not provided by Capital Bank, N.A.. Any opinions, analyses, reviews, or recommendations expressed on this page are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by Capital Bank, N.A..

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