OpenSky® Secured Visa® Credit Card
on Capital Bank's website
OpenSky® Secured Visa® Credit Card
Card details
No credit check necessary to apply. OpenSky believes in giving an opportunity to everyone.
The refundable* deposit you provide becomes your credit line limit on your Visa card. Choose it yourself, from as low as $200.
Build credit quickly. OpenSky reports to all 3 major credit bureaus.
99% of our customers who started without a credit score earned a credit score record with the credit bureaus in as little as 6 months.
We have a Facebook community of people just like you; there is a forum for shared experiences, and insights from others on our Facebook Fan page. (Search “OpenSky Card” in Facebook.)
OpenSky provides credit tips and a dedicated credit education page on our website to support you along the way.
*View our Cardholder Agreement located at the bottom of the application page for details of the card
Rates, fees & offers
Annual fee
$35
Rewards rate
N/A
Bonus offer
None
Intro APR
N/A
Ongoing APR
APR: 17.39% Variable APR
Cash Advance APR: 17.39%, Variable
Foreign transaction fee
3%
Recommended credit score
Compare to other cards
Annual Fee$35 | Annual Fee$0 | Annual Fee$0 |
Regular APR17.39% Variable APR | Regular APR14.99% - 23.74% Variable APR | Regular APR14.99% - 23.74% Variable APR |
Intro APRN/A | Intro APR0% intro APR on Purchases for 15 months | Intro APR0% intro APR on Purchases for 15 months |
Recommended Credit Score |
Recommended Credit Score |
Recommended Credit Score |
NerdWallet review
Rating details
4.6
Editor's overall rating
Pros and cons
Pros
No credit check required
Doesn't require a bank account
Reports to the three major credit bureaus
Cons
Has annual fee
High ongoing APR
Requires $200 mininum deposit
There are other secured credit cards with lower annual fees, higher credit limits, and smaller minimum deposits. But the OpenSky® Secured Visa® Credit Card has two major benefits that set it apart: There is no credit check for applicants, and you do not need a bank account.
This means the card is accessible to people with extremely low credit scores, people with no credit history at all, and people who don't have access to a bank account. The only catch is that your monthly income must be higher than your monthly expenses. As long as you meet that requirement, approval is very likely.
For more information, read our full review of this card.
