No, the OpenSky card does not do a hard pull on your credit report. In fact, OpenSky does not perform any credit checks. OpenSky is a secured credit card designed for those looking to rebuild their credit, so it is available to applicants with bad or no credit.
OpenSky requires a minimum security deposit of $200. Your refundable security deposit also acts as your credit limit.
You can submit an application online. You will need to provide personal information and contact details, along with financial and security information such as your total annual income, monthly housing payments, and Social Security Number. Lastly, you will need the details for the card used to fund your refundable security deposit.
The OpenSky® Secured Visa® Credit Card reports to the credit bureaus monthly, within days after the end of a cardholder’s monthly billing period. OpenSky reports the card’s credit limit, account balance, payment history, and more to all three of the major credit bureaus: TransUnion, Equifax, and Experian. Capital Bank may use a specific credit bureau more than another, depending on the applicant’s home state, and other factors.… read full answer
Once OpenSky reports your account information to a credit bureau, it may take a few days before the updates appear on your credit report. New OpenSky cardholders may not see any new credit account info on their credit report for one or two billing periods after getting a card.
The OpenSky Card does not have a credit score requirement because it doesn’t do a credit check. While your credit score won’t impact your approval odds, the OpenSky Card does require you to be at least 18 years old, have a Social Security number, and earn enough income to make minimum monthly payments.… read full answer
Like all no-credit-check credit cards, the OpenSky Card is a secured card, meaning it also requires a refundable security deposit for approval. You can learn about other no credit check credit cards on WalletHub.
It usually takes 24-48 hours to get approved for the OpenSky credit card. So, the only thing that involves a bit more waiting is your credit card delivery, which should take about 2 weeks.
Of course, application processing will take longer if they're not able to verify your identity right away. In this case, they will send you an email and your responsiveness will ultimately determine the timing of receipt of your credit card.… read full answer
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