Accepted Credit Scores
Limited History, Bad Credit
OpenSky® Secured Visa® Credit Card
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CUSTOMER SERVICE INFO
Existing Cardholders
- Issuer's Customer Service: 800-859-6412
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APRs |
REVIEWS
Q&A | CUSTOMER SERVICE INFO
Q&A | CUSTOMER SERVICE INFO
Existing Cardholders
- Issuer's Customer Service: 800-859-6412
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Issuer's Online Account Management
Editor’s Take
John Kiernan, Credit Card Editor
October 12, 2021
Review: OpenSky
The OpenSky Credit Card is a good credit card for people with bad credit who want high approval odds because there is no credit check when you apply. The downside of the OpenSky Card is its $35 annual fee, but that can be worth it for the chance to rebuild your credit.
Without a credit check, the OpenSky Card’s main approval requirements are being 18+ years old and having enough income to afford a $200+ security deposit, along with monthly bill payments.
Below, you can find additional information to help you make up your mind about applying for the OpenSky Secured Visa.
OpenSky simply needs to verify your identity. This saves you from a hard credit inquiry that could temporarily lower your credit score, while enabling you to begin adding positive information to your credit reports as soon as possible.
For more help finding the best credit card to rebuild your credit, plus specific credit-improvement advice, sign up for a free WalletHub account. You can also track your progress with free credit scores and reports.
Without a credit check, the OpenSky Card’s main approval requirements are being 18+ years old and having enough income to afford a $200+ security deposit, along with monthly bill payments.
Below, you can find additional information to help you make up your mind about applying for the OpenSky Secured Visa.
OpenSky Secured Credit Card Review Highlights
No credit check is great news for credit-rebuilders
Nearly all credit cards – including secured cards – require a credit check and have certain approval criteria that applicants must meet. For example, it can be difficult to get many secured cards if you have a recent bankruptcy or tax lien on your record. But that’s not the case with the OpenSky Credit Card.OpenSky simply needs to verify your identity. This saves you from a hard credit inquiry that could temporarily lower your credit score, while enabling you to begin adding positive information to your credit reports as soon as possible.
$35 annual fee isn’t cheap or expensive
OpenSky’s annual fee is about average for a secured card, according to WalletHub data. So it isn’t necessarily a deal-breaker. But there are some secured cards with no annual fee, which you should definitely check out if your credit isn’t too severely damaged.$200 minimum security deposit
The OpenSky Visa is a secured credit card, which means you will be required to place a refundable security deposit, the amount of which will act as your credit limit. This limits the issuer’s risk, giving applicants higher approval odds and fairly low fees. At $200, OpenSky’s required security deposit is lower than that of most secured cards.There are more fees to watch out for
The OpenSky Secured Credit Card charges a 3% foreign-transaction fee.Average APR, but financing still isn’t wise
Carrying a balance from month to month with a secured card doesn’t make much sense because it’s basically the equivalent of charging yourself for a loan. But if you’re unable to pay your bill in full during a given month, your balance will accrue interest at a rate of 17.39% (V), which is about what the average secured card charges, according to WalletHub’s latest Credit Card Landscape Report.For more help finding the best credit card to rebuild your credit, plus specific credit-improvement advice, sign up for a free WalletHub account. You can also track your progress with free credit scores and reports.
This OpenSky review is not provided, commissioned or endorsed by any issuer. Opinions and ratings are our own.
October 12, 2021
OpenSky's Key APRs & Fees
| ONE-TIME FEES
|
|---|
| $0 |
| ANNUAL FEE
|
| $35 |
| MONTHLY FEE
|
| $0 |
| REGULAR RATE
|
|---|
| 17.39% (V) |
| GRACE PERIOD
|
| 25 days |
OpenSky's Highlights
| 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 |
OpenSky's Additional Info
| MAX LATE FEE
|
$38 |
|---|---|
| MAX OVERLIMIT FEE
|
$0 |
| MAX PENALTY APR
|
None |
| FOREIGN TRANSACTION FEE
|
3% |
| SMART CHIP
|
Yes, chip-and-signature |
-
CASH ADVANCE APR
17.39% (V)
-
CASH ADVANCE FEE
5% (min $6)
- Last updated on 10/12/2021
at Capital Bank's secure site
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Related Credit Card Categories
OpenSky® Secured Visa® Credit Card is related to the following categories:
Customer Questions and Answers
Don't see what you're looking for? Submit your question about OpenSky® Secured Visa® Credit Card to our community. Editorial and user-generated content is not provided, reviewed or endorsed by the issuer of this card.
What is the OpenSky Card credit score requirement? Reply 5votesvotes
Kendall Morris
@kendallmorris
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.
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.
5
Upvotes
Can I get my Opensky card limit increased without adding more to the security deposit? Reply 5votes2votes
David Prane
@david_prane
You cannot get an OpenSky limit increase without making an additional deposit. Capital One Secured has a partially secured option, but that's usually an exception.
5
Upvotes
Can I get approved for the Opensky Visa credit card after bankruptcy? Reply 5votesvotes
Maria Adams
@m_adams
Yes, you can get approved for the OpenSky Credit Card after bankruptcy. This card is known for being one of the few bankruptcy-friendly credit cards on the market. The issuer won’t perform a credit check for new applicants, therefore you have a good chance of being approved even with bad credit.
As a plus, the OpenSky gives you the opportunity to improve your credit score by reporting your monthly activity to the three major credit bureaus (TransUnion, Experian, and Equifax).
5
Upvotes
How much is the Opensky security deposit? Reply 5votes1votes
Carmen Welsh
@carmenwelsh
The OpenSky security deposit can be as low as $200 and the maximum is $3,000.
Keep in mind that the security deposit also serves as your spending limit, preventing you from charging more than you can afford to repay. This is the main reason why the OpenSky accepts people with bad (300+) credit. Furthermore, this card doesn’t do a credit check when you apply.
Lastly, OpenSky reports to all three major credit bureaus, Equifax, TransUnion and Experian. So, all in all, it is a great tool for building or rebuilding your credit.
5
Upvotes
How can I do a balance transfer with OpenSky? Reply 4votesvotes
Evelyn Boros
@evelyn_boros
You cannot do a balance transfer with the OpenSky Credit Card because balance transfers to this card aren’t allowed.
Currently, none of the major issuers offer worthwhile balance transfer cards for people with bad credit. If you’d like to do a balance transfer, try improving your credit score first. The easiest way to boost your score is by paying your bills on time and staying well below your credit limit. With a higher score, you’ll eventually be able to apply for a good credit card that offers a generous 0% intro APR period for balance transfers.
4
Upvotes
How can I freeze my OpenSky card? Reply 4votesvotes
Cameron DiGiovanni
@cdigiovanni20
You cannot freeze your OpenSky card. If your OpenSky card is lost or stolen, you’ll need to call Capital Bank credit card customer service at 1 (800) 859-6412 as soon as possible, so they can cancel the card and send you a new one.
That said, it’s important to remember that you won’t be held responsible for unauthorized purchases, thanks to a $0 fraud liability guarantee.
4
Upvotes
Why was my OpenSky application denied? Reply 4votesvotes
Evelyn Boros
@evelyn_boros
There can be many reasons why your OpenSky Credit Card application was denied:
- You’re not at least 18 years old
- The issuer couldn’t verify your identity
- You applied for a Capital Bank credit card 4 or more times in the past 60 days
- You have 2 or more open credit card accounts with Capital Bank
- Your relationship with Capital Bank isn’t in good standing
Within a few days of a rejected application, you should receive a letter from the issuer explaining the exact reason for your denial. You can try asking for a reconsideration by calling (800) 859-6412, but there’s no guarantee it will work. If they still deny you for the OpenSky card, consider becoming an authorized user on someone else’s account.
4
Upvotes
Does OpenSky do a hard pull for a credit limit increase? Reply 4votesvotes
Sebi Mitchell
@sebim
No, the OpenSky credit card doesn’t do a hard pull for a credit limit increase. Along with a few other secured cards, this credit card doesn’t do any credit checks at all.
And even though it’s a secured card and one would think increasing your limit means adding extra funds to your security deposit whenever you want, it’s not that simple. The only way to get a higher credit limit is to request it. If your request is approved, you’ll receive instructions on how to add to your deposit. For more information about the issuer’s eligibility criteria, call OpenSky’s customer service at (800) 859-6412.
4
Upvotes
How do I report a lost OpenSky card? Reply 4votesvotes
Cameron DiGiovanni
@cdigiovanni20
You can report a lost OpenSky card by calling Capital Bank customer service at 1 (800) 859-6412. Capital Bank will request some security information in order to verify your identity before sending a replacement.
How to Report a Lost OpenSky Credit Card
- Call Capital Bank customer service at 1 (800) 859-6412.
- Inform the customer service representative that you’ve lost your credit card.
- Provide any requested information, such as your date of birth or the last four digits of your SSN.
- Ask the Capital Bank rep to cancel your old credit card and send a replacement.
You should receive a replacement OpenSky card within 12-14 business days. When you receive your replacement OpenSky card, you’ll need to activate it before you can make purchases. And if there are any recurring charges linked to the old OpenSky card, make sure to update those accounts with your new card information.
Finally, it’s important to note that your OpenSky card is covered by $0 fraud liability, which means that you will not be held responsible for unauthorized purchases made with your card while it’s lost. You should still give your card issuer immediate notice of any unfamiliar charges on your account, though.
4
Upvotes
What is the OpenSky credit card payment address? Reply 4votesvotes
Maria Adams
@m_adams
The OpenSky Secured Visa Credit Card payment address is:
OpenSky Card Services
P.O. Box 660924
Dallas, TX 75266-0924.
When paying OpenSky bills by mail, be sure to submit either a check or money order for the payment amount. Capital Bank does not accept cash.
Tips For Mailing OpenSky Credit Card Payments
- Include your credit card number on your payment to avoid any processing delays.
- Allow enough time for Capital Bank to receive your payment on or before the due date, or it will be considered late.
- Send your payment via overnight mail, if necessary. The Capital Bank overnight payment address is:
Attn: Lockbox Operations #6609242701
East Grauwyler Rd., BLDG 1
Irving, TX 75061.
Credit card payments by mail take the longest to process of all the available payment methods. Alternatively, you can submit a payment from your online account or through the Capital Bank mobile app. Capital Bank also allows in-person payments at local Capital Bank branches.
4
Upvotes
OpenSky Video Review
OpenSky Reviews
Share your insights and review the OpenSky® Secured Visa® Credit Card.
Jun 19, 2020
I just opened my secured credit card account with Opensky. Application and approval took minutes and received an email that the card is on its way. This is my 4th secured credit card i have opened along with 2 secured bank loans in the ladt 6 months. It seems like the negative reviews on this card and every other secured card is from those that are not responsible in payments or have no idea how credit works to bring their scores up. I finally researched building credit and see the importance of having a stable long credit history. If you aren't serious about your credit future, why even get a credit card? Stop blaming others because you cannot keep track of your spending. Secured cards are a stepping stone to more credit so use them monthly for minor things and pay the balance asap not wait till the due date. Keep track of when your credit report gets updated to pay off your card before it gets updated. So many tips.....just be responsible for your own stuff and shut up!!!… show more
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Jun 19, 2020
I’ve had the Opensky Visa for a little over 2 months now. I love it, I love them, I haven’t had any issues. I called customer service when I first received the card because I had a question, and the woman I spoke to was so kind and helpful. I was easily able to reach customer service so i’m not quite sure why others haven’t. Anyway, the card rocks. No credit check, you’re in control of your own limit, and when you pay in full early- you are all set. Don’t let the negative reviews fool you, if you’re ready to be responsible you will have no quarrels with this card. I suggest it wholeheartedly. They’ve really helped me already. (519-661 in 2 months!!!)… show more
Jun 12, 2020
I tried applying for the Open Sky card because it seemingly had the lowest barrier for someone trying to build credit. The application seemed simple, but i ran into a huge snag with verifying my ID. I scanned my driver's license to verify my date of birth, but THREE TIMES they sent an e-mail saying they could not find my date of birth. I even sent my passport to them. This must be a problem on their end. They ended up denying my application. Think you can call them to ask why? Nope. You have to send them a letter through the mail, like this is the Turn of the Century. Very poor customer service.… show more
Jun 05, 2020
I have no idea why people are writing negative reviews about this card. I had this card back in 2002 when I was getting my credit re-established.
Worked great, easy to reach customer service, quick to apply payments, never any problem.
Then I got much better cards and limits from 2005-2017, so I closed this card in 2015. Serious medical issues required me starting all over again in 2018, so guess who was there to help? My old friend Open Sky through Capital Bank.
Easy to open a new one, payments credited quickly, can always reach customer service. I deposited $1,400 and try to keep it paid down. There is an annual fee of $35, but that is standard for many secured cards.
Also, Open Sky gives you this card with NO credit check. The people who are writing negative reviews could not get the card because the banks needs to be able to verify your address and who you are so they know you're not a scammer.
That is good practice from a bank.
So make sure to keep your PHYSICAL home address updated on your driver's license and with the credit bureaus, and you will have no problems.
I've twice been a customer with Open Sky since 2002, so I know very well that this is a good card from years of dealing with them. Keep your physical home address current on your driver's license and address current with the credit bureaus (make sure these two addresses match), pay on time, don't run up your card to the limit, and you will have a VERY good experience with Open Sky.
Open Sky will accept you for a second chance when others will not.… show more
Worked great, easy to reach customer service, quick to apply payments, never any problem.
Then I got much better cards and limits from 2005-2017, so I closed this card in 2015. Serious medical issues required me starting all over again in 2018, so guess who was there to help? My old friend Open Sky through Capital Bank.
Easy to open a new one, payments credited quickly, can always reach customer service. I deposited $1,400 and try to keep it paid down. There is an annual fee of $35, but that is standard for many secured cards.
Also, Open Sky gives you this card with NO credit check. The people who are writing negative reviews could not get the card because the banks needs to be able to verify your address and who you are so they know you're not a scammer.
That is good practice from a bank.
So make sure to keep your PHYSICAL home address updated on your driver's license and with the credit bureaus, and you will have no problems.
I've twice been a customer with Open Sky since 2002, so I know very well that this is a good card from years of dealing with them. Keep your physical home address current on your driver's license and address current with the credit bureaus (make sure these two addresses match), pay on time, don't run up your card to the limit, and you will have a VERY good experience with Open Sky.
Open Sky will accept you for a second chance when others will not.… show more
May 19, 2020
Verified Customer
After my bankruptcy I wanted to restart building my credit. OpenSky was recommended by Alisa with Color My Credit and I applied and did the $200 deposit. I got my card 7-10 days later. I called and found out what day they report to the credit agencies and I make no more than a $20 charge 3 days before they report to the credit agencies and then pay it off after the report date. I downloaded the app, I pay my bill online. I would give 5 stars if they provided a FICO score once monthly. Overall, I have had no issues. I hope that with good payment record and low credit utilization that in a few months I might get an unsecured offer. I have also done a self lender loan on www.Self.inc and I did the $500 plan and pay $25 a month and at the end I get the money back. They also report monthly. My score has gone up since doing these two things.… show more
May 01, 2020
Did the same in those same steps.
Get selflender loan
And Got 3 secured cards(Discover, Primor Gold"no credit check" and Applied Gold Card and Mom added me as authorized user on her Cap.1 Card. 86 pt Credit boosted in 2 months
Get selflender loan
And Got 3 secured cards(Discover, Primor Gold"no credit check" and Applied Gold Card and Mom added me as authorized user on her Cap.1 Card. 86 pt Credit boosted in 2 months
Apr 24, 2020
Verified Customer
First off, I've asked for paperless billing since the start and still get a bill every month. And I still get charged $3 per month for the bill I never asked for. MORE IMPORTANTLY, I got this card to build credit and they just erroneously reported me as 60 days late. In truth, my balance was paid in full just three weeks ago. If this happens again, or if I have a problem with them reversing it, I will cancel the card. I am also bugged by the fact that htey do not list any phone numbers on their web site, forcing you to drag out every process with snail mail. All in all, a negative experience.… show more
Apr 21, 2020
What a crappy company. Just got off the phone after waiting 49 minutes and disconnected twice. They charge for everything and I mean EVERYTHING. I lost my card over a year ago and was not going to renew, but they had tagged my card for the $35 annual renewal. Do you know that if you don't cancel before the renewal date, you have to pay the $35 to cancel? Also, they won't send out a replacement card until they get the $35. Absolutely the worst. Go to Chase and get real customer service.… show more
07/27/20
"Do you know that if you don't cancel before the renewal date, you have to pay the $35 to cancel?" - UM, YEAH....... That makes total sense actually.
Apr 18, 2020
Really, really bad card and service. The fees are terrible, customers service is hands down the worst that I have ever seen from any company, and the website/app is dated and almost useless. I have never had a worse experience. Please ONLY use this card if it is your very last option.
Mar 26, 2020
Verified Customer
This card is trash , I keep making payments on time and it says they are late , it took weeks for them to take the payment and it doesn’t reflect on my account yet , they took it on the 21st it is now the 24th , you can’t talk to anyone personally, don’t get this stupid card
Jan 27, 2020
Beware! Applied for this card in December. Several emails received asking for more information. Always asking for a clear copy of Drivers ID and SSN card. 4 separate time I had provided a clear photograph copy of both SSN and DL. A week would go by and I would get another email asking for the same information already provided. We have done this 4 times over the past 6 weeks. Clearly this is a delay to provide a simple secure credit card. I looked up this company with the Better Business Bureau and they hold a 'D' rating for complaints similar to this complaint. They have our deposit and now we are chasing them. Provided them the funds in December. Uploaded the documents in clear color photograph (4) times! Finally called to withdraw the application and get my deposit back. First thing they ask is did I perform a name change, then they claim they cannot find the information. Finally, after being on the phone 45 minutes I had to threaten a charge-back with my bank (being I used a debit card it is a little tricky). There is nothing unusual here, I have the deposit, exact credentials with clear copies. I just don't have any need for credit and sought to improve my credit score. This was all to improve a 702 credit score. What a hassle. Had to withdraw the application and find an alternate solution. Could have done this several months ago. If possible, try to avoid OpenSky. They are not what they represent.… show more
06/05/20
There are trying to verify who you are and that fraud is not going on. All banks do this, and increasingly so in 2020.
Jan 13, 2020
I like this card. As long as u make your paynents on time , they report to the 3 major burueas . im using this card to get my credit score up to buy a home . and you can get increases too long as u make payment on time
Dec 26, 2019
Verified Customer
Trash !! ZERO STARS!! card works fine till theres a problem. there is no email, live chat or direct line so pray you never have to contact them, they are the absolute worst. horrendous automated phone system is very hard work to navigate and takes for ever. i called to replace lost card and by the time i finally got a hold of someone i just went ahead and cancelled it, might as well , no way i was ever going thru that hell again. Its been couple weeks now and they have managed to send me mail twice now. One was a statement for the 45 balance they already said they would deduct from my deposit and the other was a letter saying that i should continue to make payments on my balance till they feel like mailing me my deposit. Cant make payments on closed accounts STUPIDS !! Only mail i want to see from these losers is my deposit refund !… show more
Dec 10, 2019
Verified Customer
I never write reviews but I feel that I do need to let other people know about this card. I recieved my card exactly 10 days. I paid my 1st bill and it took Open Sky to give me an available balance in 2 weeks. I was scared due to the negative comments but I'm glad I did it. Lets see how my credit goes.... but so far great job
Nov 07, 2019
I'm encouraged by these reviews. I've applied for other secured cards and been denied which makes no sense i mean they're secured. I'm going to apply for this card and am looking forward to rebuilding my credit. Thanks!
Oct 12, 2019
Reviewing this card is fairly straightforward.
OPENING AN ACCOUNT: Very simple. No major issues.
USING THE ACCOUNT: No major issues. The biggest issue I saw is that it's harder than it needs to be to just increase the limit. It's a SECURED card. This is a matter of depositing funds into a checking account. You should not have to 'request approval' to give cash to someone. It's silly.
CLOSING THE ACCOUNT: Nightmare, because (A) you can't do it online and (B) it's extremely difficult to get to a rep. It's doable, but you need to trick their IVR. First, after it validates you, press '1' for account info, then keep pressing '0'. When I say "keep pressing" - you're going to be pressing it a LOT before it actually gives up and transfers you. This was on a Saturday, so I don't know if it's any different during the week. Then the hold times are extremely high. Your only other option is to mail them correspondence - which of course takes days to complete.
Once you do get to a rep, the actual close process took seconds. He asked the reason (too many hoops to increase the limit), then clicked a thing and it was done. Quickly hung up on me, which is fine, as long as it's closed. No retention, nothing. Which again, I'm fine with.
It is true that your credit is temporarily impacted because (A) your age of accounts is affected and (B) your total credit limit across accounts goes down a bit, but I have another card that's well over this limit and am not worried about this one. It's a temporary hit worth doing because this card doesn't do me any good.… show more
OPENING AN ACCOUNT: Very simple. No major issues.
USING THE ACCOUNT: No major issues. The biggest issue I saw is that it's harder than it needs to be to just increase the limit. It's a SECURED card. This is a matter of depositing funds into a checking account. You should not have to 'request approval' to give cash to someone. It's silly.
CLOSING THE ACCOUNT: Nightmare, because (A) you can't do it online and (B) it's extremely difficult to get to a rep. It's doable, but you need to trick their IVR. First, after it validates you, press '1' for account info, then keep pressing '0'. When I say "keep pressing" - you're going to be pressing it a LOT before it actually gives up and transfers you. This was on a Saturday, so I don't know if it's any different during the week. Then the hold times are extremely high. Your only other option is to mail them correspondence - which of course takes days to complete.
Once you do get to a rep, the actual close process took seconds. He asked the reason (too many hoops to increase the limit), then clicked a thing and it was done. Quickly hung up on me, which is fine, as long as it's closed. No retention, nothing. Which again, I'm fine with.
It is true that your credit is temporarily impacted because (A) your age of accounts is affected and (B) your total credit limit across accounts goes down a bit, but I have another card that's well over this limit and am not worried about this one. It's a temporary hit worth doing because this card doesn't do me any good.… show more
Sep 24, 2019
Verified Customer
I have the Open Sky Secured Visa card. I opened my account with $3000 initial deposit and use it to pay bills then pay it off twice a month to avoid paying much in interest charges . 2 Months after opening I was able to request a credit line increase to $5000. Of course I had to pay the 5k security deposit out of pocket but my credit score increased increased by almost 60 points in a period of 2 months as a result. I'm rebuilding my credit after several years of bad luck and bad decisions and Open Sky has helped me get things back in order. Happy to report that I was finally approved for a Citi Unsecured card recently where I would have never been before had it not been for the Open Sky Secured Card. Sounds like a sales pitch I know. I don't work for Open Sky but I stand behind their product. I've had no problems whatsoever with customer service.… show more
09/29/19
Thank you for sharing your experience, recently I was approved for an Open Sky card. My question is what are the payment options available? I have Discover and I have automatic draft. I can also setup payments through the discover app on my phone. I'm super excited to get this card!
Sep 06, 2019
You should only use this if you are desperate. There is no way to speak to ANYONE, NO customer service. It is all automated. You cannot argue about anything they do. For example I paid on tve first but the cycle ended on tve 6th so even though I had paid in full and only used it a minimal amount after that by the due date later that same month they called me delinquent. Don’t pay early or you WRECK your credit. No live person to discuss. Impossible.… show more
10/17/19
The only way I got a live person was to call to report the card lost. I then canceled the card. I was told that a payment would be due the following month. I completely closed the account. This angered the customer service rep who be came very curt. after that I was an annoyance ushered off as quickly as possible. No monthly payments, no annual fees, no worries. SATISFIED CUSTOMER.
Aug 19, 2019
Verified Customer
I've had this card for about 5 months and I have seen my credit scores increase over 100 points in that time. In addition bto this card I suggest anyone with credit issues to pay off your collections, open a self lender secured CD loan, open a few secured credit cards and watch your credit score increase with responsible use.
10/24/20
The reason why interest is so high is because credit cards are unsecured. Most likely if you owe on a credit card and don’t pay for a while it’s sold to a junk debt buyer who you should never pay as they bought your debt for pennies on the dollar. Paying a collection just restarts statue of limitations and harms your credit by making the debt look new. If they sue, just move to Texas and they cannot garnish you or take anything you own, plus they can only come after u for 4 years.… show more
02/19/20
SOLID advice. It astounds me that people want to get more credit cards when they should pay off their old collection accounts FIRST. You're looking at an 80-point increase if you do that. And a self-lended loan is also a great point. It makes your credit mix more diverse and causes your score to go up.
Aug 15, 2019
OpenSky helped re-establish credit immediately after my bankruptcy. I started with $200 deposit, used the card sparingly for two months, paying balance each month to avoid interest fees. Credit score increased, allowing me to qualify for other non-annual fee cards. Closed the card and requested refund of my $200 and received it, no problems. Be sure to read all requirements carefully regarding payments. Also, a little hint. When going to cancel the card, there is no option for that on the phone, so chose "lost/stolen card" option. The customer service rep that answers can help with cancelling the card.… show more
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Jul 25, 2019
I would not recommend open sky! I mailed a payment, on time, open sky held that payment for 3 weeks! Don’t waste your time! I tried calling customer service, they were no help. Open sky even assessed a late fee?
Jun 24, 2019
Verified Customer
I was able to increase my credit score with an OpenSky credit card as part of the process. It is a great card for rebuilding your credit! As long as you keep your purchases low and paid off each month.
Jun 19, 2019
Verified Customer
The first thing I want to say is that as I was in a very bad credit situation I understood that I could not wine about the limited credit line, interest rate, fees etc that this or any card for people like me offered. I am the one ultimately responsible for my position and I felt very fortunate that OpenSky gave me any chance to start to fix my credit. OpenSky has been fair and upfront about this card and in a very short time it has contributed to raising my score. To those out there who also are in a bad credit rating position, realize there is no quick fix but this card and other programs are what HAS TO BE DONE in the short term to get back on track. OpenSky has helped and for that I am grateful. Remember, if you want to dance, you gotta pay the piper.… show more
Jun 19, 2019
Verified Customer
I got the Open Sky Secured credit card in December & here it is June. My credit score has went up more than 60 points!! Great card for rebuilding credit or even establishing credit. I would definitely recommend this card to my family and friends.
Jun 19, 2019
Opensky wanted me to give a review so here goes , this company says congrats for my score increase im in the high 700's now but i cant give them credit for my hard work. I mean i asked for an increase on credit in order to help protect against my credit usage which helps my credit score right i mean thanks for the 300 dollar card but i was recently denied by opensky for a credit limit increase which again help my credit score so no thanks too you guys at opensky for my current rise in score but anyway i was told better luck next year by opensky....l.m.a.o… show more
06/30/20
Thank you for telling your story. Cause I feel the same way. Soo far my credit is going up. Gonna monitor it often. But for OpenSky to deny me an increase because they feel I don't gross enough. Please if I can handle two auto-pays, five accounts removed. It really made me feel like shutting OpenSky down a.s.a.p. Maybe I'm taking it personal bout the credit increase thing. But please don't tell me about my business at the end of the day.… show more
Jun 19, 2019
Verified Customer
This is a great card to help start or rebuild your credit. Yes, you might have to pay a security deposit, but it's worth it in the end. My score has gone up over 100 points since having this card. I've also been able to establish credit history. The interest rate is a bit high, but if you pay off you balance you should be good. Great card!
Jun 16, 2019
Verified Customer
This is the correct card is you have no history or bad credit score since they no check your credit at all. They only need to verify your identity. If you work smart with them, you will see a score increase sooner.
Jun 13, 2019
I am very grateful to have the OpenSky Secured Visa. It was my first step in the right direction. It reports my payments to the credit bureaus allowing me to begin to create a positive payment history for myself. This is such a great tool if you're trying to rebuild credit worthiness. I have to admit I love having a great credit score and having major companies seek me out with credit card offers. That's an amazing feeling. I have recommended this card to others. If you want to rebuild your credit it isn't too late and you are definitely worth it!
Good Vibes and Great Scores!!!… show more
Good Vibes and Great Scores!!!… show more
Jun 13, 2019
I love this card.. .my credit has went up almost 100pts and I havent had it a full year yet. If you figure out your formula u got it and just pay your balance on time or b4 time and i would also pay full balance if i can, not just the minimum. Also monitor your credit and put small revolving accounts on this card to have a constant card usage reflecting helps build credit. I have my spotify, netflix and other minor membership accounts paid for on this card monthly. This really helped me.… show more
Jun 12, 2019
Verified Customer
Hi OpenSky I want to thank you for the opportunity to build my credit score. I’m very happy with my results, I give OpenSky 5 star because, not only did my score up but I now have a credit card to pay bills and get the things I would like have. Thank you OpenSky for everything. L.G.
Jun 12, 2019
Do not open a credit card with Open Sky because their interest rate is over 20% and you will never get your deposit back and they will never increase your credit line.
When you finally have to close the account to get your $200 back your score will drop more than it ever went up.
(Hint: your credit score will go down when you close credit card accounts .)
Go to Discover and open a secured credit card with them. You’ll get your $200 back within a year and they will raise your credit line to $2000.… show more
When you finally have to close the account to get your $200 back your score will drop more than it ever went up.
(Hint: your credit score will go down when you close credit card accounts .)
Go to Discover and open a secured credit card with them. You’ll get your $200 back within a year and they will raise your credit line to $2000.… show more
Jun 12, 2019
Verified Customer
I applied for this card because I needed to rebuild my credit. Always made on time payments and saw my score improving after 6 months. I had to put two hundred into it but that also helps you to not overextend yourself as well. Thanks
Jun 12, 2019
Verified Customer
It’s bad reviews like the ones I’m reading that almost caused me to not apply for this card. But listen, if your looking for a good starter card to help build credit, then I’m telling you now this is the one! I’ve built my credit pretty damn high thanks to open sky. Thanks to opensky since opening my credit has went up giving me the opportunity to get more credit cards.Apartment lease approval as well as an auto loan! It began with open sky!… show more
Jun 10, 2019
Verified Customer
I made a payment 7 days ago and it has yet to post! The Opensky app shows the last payment amount and nothing has posted. The funny thing is when I made the payment they deducted the money from my account the very next day. I am thankful for the card however I recently received my Citi secured card and I will use that card moving forward. I will keep the Opensky card for a couple of years then close it. I definitely only use it once a month and pay it off the next day. #OpenSky Get your payments to Post faster!… show more
May 11, 2019
PLEASE PLEASE DONT GET THIS CARD ITS A RIP-OFF LISTEN ITS YOUR OWN $ you should have to paid any late fees for your shit. They will never contact u and tell u the payment wasn’t acceptable they will make it pass your due date then charge you like $124. 00 plus your payment that’s due.smfh then my credit score suffered ALOT. listen they make $from last fees that they causes by not informing you of your payment status. DONT GET DONT GET YOU CAN GET BETTER… show more
02/19/20
This isn't a prepaid card which deducts charges you make with it. It's a credit card backed by your deposit. Prepaid cards don't report to the credit bureaus. This one does.
If you can't pay your bills due to a payment that wasn't "acceptable" then that's probably why you got late fees. And it's YOUR responsibility to keep track of payment status, not theirs. Check your bank account or whatever you have to to make your payments! This is called responsible credit card use. If you screw up with this credit card, good luck trying to find credit with someone else.… show more
If you can't pay your bills due to a payment that wasn't "acceptable" then that's probably why you got late fees. And it's YOUR responsibility to keep track of payment status, not theirs. Check your bank account or whatever you have to to make your payments! This is called responsible credit card use. If you screw up with this credit card, good luck trying to find credit with someone else.… show more
Apr 04, 2019
I mean it's been good for what I needed, but the fee's were INSANELY high and when I was ready to cancel there was NOTHING on the website, nor could I reach a real person on the phone. Just another endless circle of useless information. My suggestion - avoid them!
Apr 04, 2019
Verified Customer
Great starter card to build credit. I got my card in October with $200 down and a credit score of 530 and it's has gone up over 100 points already!!! I have never had any problems. If you make your payment on time every morning month it's rewarding. Opensky reports to your credit report once a month..
Apr 03, 2019
Verified Customer
I love OpenSky! My credit score has jumped tremendously and couldn’t be more happier!! I’ll keep this card a little longer and hopefully raise my score even more! Keep the utilization low and pay on time is the key! Hopefully I’ll get a credit increase soon and be even more happier!!
Apr 01, 2019
Verified Customer
This is a good credit building card. I did lots of research after bankruptcy to find a card with fees I could live with and that did not want a fortune in high interest or yearly fees. Open sky was reasonable for a secured cared and I was able to build my credit rather quickly. I have had the card for almost a year now and it has proved to deliver as promised. I can not comment on what it takes to get your credit limit increased or how difficult it may be to close account and get your money back as I have not yet attempted those things. All in all it is as depicted.… show more
Mar 28, 2019
Verified Customer
Not only did Open Sky raise my credit score faster than other credit cards but it gives me more points. I figures it was like any other card but it is better. I appreciate Open Sky approving me in my time of need when other did'nt. If you need or want credit score success like me and so many others, choose Open Sky and have a blessed day.
....G.Erwin
....G.Erwin
Ask the Experts
To help potential applicants learn more about the OpenSky Secured Credit Card, WalletHub posed the following questions to a panel of experts. You can see who they are and what advice they had to share below.
- When do you think it makes sense to seek out a credit card with no credit check for new applicants?
- Should consumers be suspicious of credit cards that don’t check applicants’ credit history?
- What should people look for when evaluating a credit card brand/company they’ve never heard of?
Pramod Iyer
Diogo Hildebrand
WalletHub is an independent comparison service.
We work hard to show you up-to-date product terms, however, this information does not originate from us and thus, we do not guarantee its accuracy. When you click "Apply Now" you will be directed to the offering institution's website. In addition, keep in mind that actual rates and other information may vary for a number of reasons including the applicant's' creditworthiness and differences between an individual's situation and the criteria/assumptions used to generate the information displayed. Before submitting an application, always verify all terms and conditions with the offering institution. Please let us know if you notice any differences.
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Irrespective of whether an offering institution is a paid advertiser, the presence of offer information on WalletHub does not constitute a referral or endorsement of the institution by us or vice versa. Furthermore, offers have not been reviewed or approved by the offering institution. Information is displayed first and foremost to help consumers make better decisions.
Editorial Disclaimer: Editorial and user-generated content on this page is not provided, commissioned, reviewed, approved or otherwise endorsed by the issuer. In addition, it is not the issuer’s responsibility to ensure all posts and/or questions are answered.
Last updated on: Oct 12th, 2021 at 10:54 ET
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WalletHub is an independent comparison service.
We work hard to show you up-to-date product terms, however, this information does not originate from us and thus, we do not guarantee its accuracy. When you click "Apply Now" you will be directed to the offering institution's website. In addition, keep in mind that actual rates and other information may vary for a number of reasons including the applicant's' creditworthiness and differences between an individual's situation and the criteria/assumptions used to generate the information displayed. Before submitting an application, always verify all terms and conditions with the offering institution. Please let us know if you notice any differences.
Ad Disclosure: Offers originating from paying advertisers are noted as “Sponsored” at the top of this page. Advertising may impact how and where offers appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.
Irrespective of whether an offering institution is a paid advertiser, the presence of offer information on WalletHub does not constitute a referral or endorsement of the institution by us or vice versa. Furthermore, offers have not been reviewed or approved by the offering institution. Information is displayed first and foremost to help consumers make better decisions.
Editorial Disclaimer: Editorial and user-generated content on this page is not provided, commissioned, reviewed, approved or otherwise endorsed by the issuer. In addition, it is not the issuer’s responsibility to ensure all posts and/or questions are answered.
Offer last updated: Oct 12th, 2021 at 10:54 ET