What's the OpenSky income requirement? This question is about the OpenSky® Secured Visa® Credit Card

What's the OpenSky income requirement?

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This question is about the OpenSky® Secured Visa® Credit Card

Thierry Webster, Member

@thierry_webster • 10/02/20 This answer was first published on 10/02/20. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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The OpenSky credit card doesn't have an actual income requirement. You only need to have enough money to pay your monthly bills and afford at least a $200 security deposit.

Capital Bank, the issuer, will not do a credit check, and you don't need to have a stable income to get approved for it.

Since it's a secured card, your initial security deposit of at least $200 will serve as your credit limit. This way you won't be able to spend more than you can afford.

While it might seem like a great opportunity for people without an income or looking to build their credit, let's not forget that this credit card also has a $35 annual fee. You will be charged with it when you open your account.

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