No, OpenSky does not have travel insurance. While OpenSky does have benefits such as monthly credit bureau reporting and zero fraud liability, travel insurance is not among the card’s perks. This is because the OpenSky credit card is made for people who are trying to rebuild their credit.
You can get a OpenSky credit limit increase by requesting it through your online account and if approved, adding more funds to your security deposit. OpenSky does give credit limit increases, but you must request them.
Yes, the OpenSky Visa can be used everywhere Visa credit cards are accepted, including car rental agencies. With that being said, rental companies typically place a hold on your payment account to cover incidentals. So you’ll need to have enough money in your account to cover the hold as well as the initial rental fees. As a result, we recommend contacting the rental company ahead of time to determine how much money to load to your account. You might also want to bring a credit card as backup.… read full answer
You can get a cash advance with your OpenSky card at any ATM that accepts Visa. That is virtually any ATM in the world, as the Visa network benefits from extensive worldwide acceptance. Keep in mind that you’ll need a PIN to get an OpenSky cash advance from an ATM. If you haven’t received a PIN with your card, call the number on the back of your card to request one. Alternatively, you can visit a bank that display the Visa logo and ask a teller for a cash advance. You will need a government-issued photo ID along with your OpenSky card.… read full answer
Here is what you need to know about OpenSky cash advances:
How to get a cash advance: Use your card to get a cash advance from any ATM that accepts Visa. You will need a PIN, so if you haven’t been given one, simply call the number on the back of you card to request it. You can also visit banks that display the Visa logo and ask a teller for a cash advance. Make sure to bring a government-issued photo ID along with your OpenSky card.
Cash advance fee: 5% (min $6) of each cash advance transaction
Cash advance APR: 20.39% (V), with no grace period, accruing immediately.
Cash-like equivalents: Certain transactions or purchases are also treated as cash advances. These include money orders, traveler’s checks, stamps or other instruments convertible to cash.
Cash advance limits: Cash advance amounts may not be less than $20 and the outstanding balance of cash advances cannot exceed 50% of your credit limit.
As you can see, cash advances are extremely expensive, so it’s best to reserve them for emergencies.
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