OpenSky® Secured Visa® Credit Card

OpenSky® Secured Visa® Credit Card

on Capital Bank's website

OpenSky® Secured Visa® Credit Card

OpenSky® Secured Visa® Credit Card

OpenSky® Secured Visa® Credit Card

on Capital Bank's website

Card details

  • 0% introductory APR on all purchases for the first three months

  • 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.)

  • *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

    0% on Purchases for 3 months

  • Ongoing APR

    APR: 17.39% Variable APR

    Cash Advance APR: 17.39%, Variable

  • Foreign transaction fee

    3%

Recommended credit score

Wondering if this card is the best match for you?

Wondering if this card is the best match for you?

Wondering if this card is the best match for you?

Just tell us some details and see which card matches your needs most.

Just tell us some details and see which card matches your needs most.

NerdWallet review

By Virginia C. McGuire

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.