James Bronzz, WalletHub Analyst
@jbronz
You can get your opensky Credit Card deposit refunded within 8 weeks after the closure of your deposit account.
Your deposit account will be closed after you settle all outstanding balances.
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Bernadette Ferguson, Member
@bernadettef_2
When you close your account out and don’t owe anything
People also ask
How do opensky credit cards work?
Opensky credit cards work like any other secured credit cards, giving you a credit limit equal to the amount of the refundable security deposit you're required to place. You must make a deposit of at least $200 or $300, depending on the card, and the amount you put down is returned to you (minus any unpaid balance) when you close or graduate your account.
Opensky Credit Card Eligibility
Neither the opensky® Secured Visa® Credit Card nor the...
read full answer by Theresa Chalfant, WriterHow can I get my secured credit card deposit refunded?
You can get your secured credit card deposit refunded when you close your credit card account after paying the balance in full. Alternatively, you may also receive your refund back when the issuer upgrades you to one of their unsecured credit cards. Secured credit card issuers will eventually return your security deposit by sending the funds to your bank account, issuing a check, or providing a statement credit.
Ways to Get the Deposit Back From a...
read full answer by Benny Joseph, WalletHub AnalystWhat are the best secured cards that graduate to unsecured?
The best secured card that graduates to unsecured is the Bank of America® Travel Rewards Secured Credit Card. Bank of America periodically reviews accounts for possible graduation, and it reports to all 3 major credit bureaus to help you build credit history. You also get 1.5 points per $1 spent with this card, helping you save money.
Best Secured Cards That Graduate to Unsecured
When your secured card graduates to an unsecured card, your credit line no longer needs to be secured with...
read full answer by Archie Conway, WalletHub Financial AnalystDid we answer your question?
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