Accepted Credit Scores 
Limited History, Bad Credit
OpenSky® Secured Visa® Credit Card
Editor’s Take
John Kiernan, Credit Card Editor
Feb 12, 2021
Review: OpenSky® Secured Visa® Credit Card
Verdict: Is OpenSky a Good Secured Credit Card?
The OpenSky Credit Card is a good choice for people with a bad credit score who want high approval odds more than they want rewards. There is no credit check for new applicants, and the OpenSky Card’s main benefit is the opportunity to build credit at a reasonable cost, considering the card’s $35 annual fee.
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.
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.
The OpenSky Credit Card is a good choice for people with a bad credit score who want high approval odds more than they want rewards. There is no credit check for new applicants, and the OpenSky Card’s main benefit is the opportunity to build credit at a reasonable cost, considering the card’s $35 annual fee.
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.$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.$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.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 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.
Feb 12, 2021
OpenSky® Secured Visa® Credit Card's Key APRs & Fees
| ONE-TIME FEES |
|---|
| None |
| ANNUAL FEE |
| $35 |
| MONTHLY FEE |
| None |
| REGULAR APR |
|---|
| 17.39% (V) |
| GRACE PERIOD |
| 25 days |
OpenSky® Secured Visa® Credit Card'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® Secured Visa® Credit Card's Additional Info
| MAX LATE FEE |
$38 |
|---|---|
| MAX OVERLIMIT FEE |
None |
| 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 2/12/2021
at Capital Bank's secure site
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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.
Do I need a checking account to get the OpenSky credit card? Reply 3
Vivian Harper
@vivian_harper
You do not need a checking account to get the OpenSky credit card.
In addition to that, you can qualify for the OpenSky credit card with no credit check and no bank account. However, there's an annual fee, and the card doesn't give you a way to upgrade to a regular unsecured card.
3
Upvotes
What bank issues the OpenSky Credit Card? Reply 3
Scott Ackerman
@scott_ack
The OpenSky Credit Card is issued by Capital Bank.
Capital Bank is a mid-sized bank focused on serving the diverse needs of business owners in the greater Washington, D.C. metropolitan area. You can learn more about them here.
3
Upvotes
When will my Opensky payment post? Reply 31
Faith Massey
@faith_massey
Your Opensky payment is posted the same day the payment is made provided it is received before the daily cut off time.
However, it may take up to five business days following the receipt of your payment to restore your Available Credit for future purchases.
3
Upvotes
What happens if I overpay my Opensky? Reply 31
Derek Miller
@DerekMiller
If you overpaid your Opensky credit card, simply leave the credit balance on your account and spend it down.
As your charge other purchases, the amount you overpaid will eventually be used up.
3
Upvotes
When can I get my Opensky credit card deposit refunded? Reply 33
James Bronzz
@jbronz
It can take up to 50 business days to get your OpenSky credit card deposit refunded. That is normal for secured card cards since they want to make sure you don't have any auto pays that attempt to charge after closure.
3
Upvotes
If I never use my card, do I still pay something monthly? Reply 3
Bernadette Ferguson
@bernadettef_2
I don’t believe so but you don’t want to let it go dormant either if you do they may cut it off themselves
3
Upvotes
What is the maximum amount I can deposit for my Opensky credit card limit? Reply 34
Tommy S Davidson
@tdvdson94
The maximum you can deposit for your OpenSky credit card is $3,000, but they'd have to approve you for that amount first.
3
Upvotes
Is OpenSky a major credit card? Reply 3
Fred Lincoln
@fred_lincoln
The OpenSky Secured card is considered a major credit card. But while the card is one of the more famous ones for getting your score up or just established, Capital Bank isn't exactly Discover.
I guess it's a medium? Credit union cards would be the small ones, so this one is definitely much better than that as far as exposure goes. But it is a Visa card, which means it's on one of the most major card networks.
3
Upvotes
How much time do I have to pay my initial Opensky credit card deposit? Reply 3
Monica Prill
@monica_prill1
You’ve got 60 days maximum to fund your Opensky credit card deposit, but you really shouldn’t wait that long.
3
Upvotes
Does Opensky use smart chip technology? Reply 32
WalletHub
@WalletHub
New OpenSky Visa cards have smart chips and use the chip-and-signature authentication.
This is good news, considering that chip-based cards are considered to be more secure than magnetic stripe cards since they are much harder for criminals to duplicate.
You can learn more about chip-and-signature cards and how they differ from chip-and-PIN cards here.
3
Upvotes
OpenSky® Secured Visa® Credit Card Video Review
OpenSky® Secured Visa® Credit Card Reviews
Share your insights and review the OpenSky® Secured Visa® Credit Card.
Mar 25, 2018
Great credit card for rebuilding credit. Just when I thought I'd never have another for awhile I was approved to help start working on my credit after a costly divorce. Now I have 2 more cards added & even though they are all secured credit cards it's better than where I was at to begin with. Thank You Open Sky.
Comment
Mar 08, 2018
In the beginning they were ok, then when I asked to close this account and what were the steps to take. They made sure That I couldnt catch up on the added fees and when I called them back to ask for a explanation of the charges and fees, I was basically snubbed. Then, my account was reported as late, then ultimately now charged off!! I had to file a dispute just to get the accurate amount to be reported?? I am confused, a card that once seemed to want to help you rebuild your scores, turned a complete 180 when you decide to end your debt. I am just wondering how can they get away with such practices? Is this because they are the reporters? and I am the little individual who's word was not valid. Thank God I had my final statement to prove Opensky aka Capital bank did not report my true balance. If I had not kept that, i would be looking at a double bill that i never owed...… show more
Feb 26, 2018
If your denied for the secured credit card will it go on your credit report for a hard inquiry.? Also is everybody approved for this card as long as you can identify their identity? And have the security deposit
03/23/18
From what I’ve read as long as you have the security deposit and a bank account you will not be denied. I know some credit companies do pull your report and it will be a hard inquiry. So I suggest before applying for any secured card you call the company and verify.
Feb 26, 2018
Sent in money to increase my balance on 2/6/18. The money has yet to be applied to my account as of 2/26/18. The company has been less than helpful and very unprofessional in resolving this issue. No one seems to have the authority to help.
04/15/18
Laura My name is Cliff I have mainly medical on my credit report that are mainly with one company. How much does he charge for services? If it's reasonable I'll tell him you referred me. What is this with the trial you mentioned?
Thanks, Cliff
Thanks, Cliff
04/14/18
I used to have a very poor credit score until I was referred to [email protected] He help me revive my poor credit score.. I couldn't believe it myself until I check and confirm that my credit score has changed from poor to excellent.. He's a professional in this you also can give it a trial.. tell Him Laura referred you. Thank me later
Feb 21, 2018
Opensky is the best! They helped me get my credit back on track. The customer service are actual people with real concern for their customers, they explain everything to you to keep you on track. I recommend Opensky to everyone trying to rebuild their credit.
Feb 14, 2018
I have read some of the success stories and they are great. Mine is similar. A five year road that has not been pretty. Opensky has been a tool/solution to get to the 700 club (fico). Very efficient and I will continue to use them even after full repair because they have been with me the whole way. The new website is much more efficient. For those nay sayers. Step back and maybe examine with enlightenment. Top Tier cards still have their issues too. Pay your bills and be frugal and the process will slowly be true to you. As with all good things, it is what you put in to the process.… show more
Feb 13, 2018
Gets the job done. If you use it correctly you can and will see an increase on your credit score. Im satisfied with it so far. Unfortunately, your credit limit will not increase unless you put more money down.
Feb 08, 2018
Since having the card the past year I have had no problems with payments posting or incorrect charges being applied to my account. I am currently a customer and overall satisfied with the exception of I have not really seen my score increase with this card
Feb 07, 2018
This is a decent card to get if you have bad credit. I have been using it to raise my credit score. I do wish it was more like my Discover It secure card. There is no annual fee and after eight or nine months of proving that you are responsible, you can graduate to unsecured card and they will give you your deposit back.
Feb 07, 2018
The open-sky card has never failed me they have revamped their website and payments usually clear In a few days. ....just be responsible and pay on time and watch your credit go up in conclusion I would actually recommend this card
Feb 04, 2018
This credit card company is run by criminals they steal from you it's three dollars a month to send you a bill in the mail when you put online and go to paperless they still charge you three dollars a month Avoid this horrible company
Feb 04, 2018
What can I say about this card.....Well for starters, In late 2016 I decided to get my S together financially. Had collections, went south on a car in 2013, had a student loan in delinquency. I never even had a real credit card before. It was all student loans and a bad car loan I should have never signed that completely screwed me up. I was having trouble with my life in general and was trying to ignore my financial problems. I decided to right the ship, buckle down and really take credit/my financial life seriously. I had a 404 credit score when I got the Open Sky card, this was my only option because at a 404.....you have no options. I got a $400 Deposit and was paying it off in full every month, after 6 months of on-time, full payments, they upped my limit to $500 and my credit score was already up 75-100 points. Within the next 6 months, I was up in the mid 550's, again with my on-time in full payments, Got my student loan back on track and was able to qualify for a Discover Secured Card and a Capital One Secured Card. I was trying to increase my credit limits and keep my utilization low, As recommended. Well it's February of 2018 and my credit score just passed the 620 mark. I am getting there and it takes time. Still a long way to go but without OpenSky I don't know what the heck I'd be doing, it helped get my foot in the door back on the road to financial responsibility and is getting my credit to somewhere near a normal score. Don't believe these bad rumors. Never had an issue with payments, customer service was spot on, and they will take a chance on people who really, really need the help. The Bank backing this card is based out of Rockville, Md. outside of DC just FYI. Pay on time, keep your utilization low and remember this is a process THAT TAKES TIME. My credit profile is almost at a point of respectability and I can only thank OpenSky for that. It showed me it's possible. Thank you for helping me.… show more
Feb 03, 2018
I applied for an OpenSky secured Visa credit card and raised my credit score over 250 points within a two year period. After losing a house to foreclosure in the recession I gave up on credit altogether, but I gave credit card companies another chance with OpenSky and I am so glad I did. Thanks OpenSky!
Feb 02, 2018
In January of 2017, I was wanting to purchase a new home but my highest credit score was barely touching 630 while another score was below 600. I had a lot of other issues with my credit report that needed to be cleaned up. I wanted to apply for a credit card, and Wells Fargo and others provided a secured card, but they ding your credit report and that would have thrown me out of being accepted in the first round for financing a home. Usually a mortgage lender will look at your credit before you put a deposit down on building or buying a newly constructed home to see if there is potential for the actual approval for when the home is built and it is near time to move in and almost time for the closing. I decided on OpenSky because they didn't ding my credit score when I put a deposit down. Once I opened up the credit card account, my score increased to 640 with the next score around 630 and the lowest 601. Now, I was in the game but I still had a lot of work to do for the next few months. Having this card helped me with increase my score and was one of the top reasons why I was able to move into my newly constructed home July of 2017! I now use the card for my monthly expenses, such as gas and food so I don't ding my checking account for each and every transaction and it helps me to stay on budget and focused on my finances.
This is one of those cards you will want to keep, even when you get through your financial struggles.
The only negative, is that when I pay my credit card bill, sometimes it takes 1-1/2 weeks for the payment to post properly. I wanted to rent a car for an emergency trip from Texas to Ohio and wasn't able to because the payment hadn't posted yet, even though it had been more than one week since I submitted payment which also brings up another point, in order to make payments timely, one should pay two weeks ahead of time, even if it is the minimum and then follow up with a bigger payment if you need to. I do wish they would make posting payments more timelier for consumers. After all, they do have our deposit on account. Please OpenSky, do something about posting our payments more timely and providing us with the credit.… show more
This is one of those cards you will want to keep, even when you get through your financial struggles.
The only negative, is that when I pay my credit card bill, sometimes it takes 1-1/2 weeks for the payment to post properly. I wanted to rent a car for an emergency trip from Texas to Ohio and wasn't able to because the payment hadn't posted yet, even though it had been more than one week since I submitted payment which also brings up another point, in order to make payments timely, one should pay two weeks ahead of time, even if it is the minimum and then follow up with a bigger payment if you need to. I do wish they would make posting payments more timelier for consumers. After all, they do have our deposit on account. Please OpenSky, do something about posting our payments more timely and providing us with the credit.… show more
Feb 01, 2018
If I could give a zero rating I would. DO NOT GET THIS CARD. I had unauthorized charges that they refuse to investigate. I am in process of reporting them to higher authority. Customer Service hangs up. They have no phone app. Payments takes weeks to be applied to your account. It seems like their back office is a kid in his mamas basement.
02/04/18
Thank you I was just wondering how they were. I’m trying to rebuild my credit not make it worse.
Jan 24, 2018
Start to Finish...(excuse the grammar, just get the point)...i applied for the card in November around the 24th, used the card immediately. Being new to the CC world I was waiting for a billing statement or something to tell me when my bill was due, never received one. So, on Dec 24th my utilization was high nearly all the credit available, but my payment was in good standing, didnt understand how that worked but ok, im thinking next cycle I will be more alert about paying and check the website instead of waiting for a notification. Second billing cycle I did receive a notification several weeks in advance (i set it up that way).
The reason i set it up so early is because of reviews stating it takes long for payment to post etc etc, so i paid my bill probably 3 weeks in advance (something like that), i made two payments one on a Friday the next on the following Monday. 1st payment took about 7-8 days to post and the other smaller amount took a little less time to post, but my available credit did not go up until apx 3 days before the closing of my bill (bill closes on the 20th MINE DOES).
I paid it down to about 6-9% purposely to carry a balance for utilization purposes (my preference, instead of paying it to 0 balance). As of today with CK my scores have not changed, I emailed them as to why... Wallet Hud went up 100 points from 481 to 581 TR which 481 is my current CK TR score to date, not what I started with. My TR FICO is 560 (REAL credit score). I applied with a score of TR 510 (dropped 29 points after applying) & EQ 529 (502 dropped 27 after applying) and those are Credit Karmas scoring NOT FICO scores. Not sure what my FICO scores were before as I just started watching those due to finding out lenders etc look at FICO scores not places like Credit Karmas scores.
Overall im please with the card...let me rewind only FICO (REAL SCORE) I was watching was EX not sure if it dropped from applying/that first month but this billing cycle it went up 30 points from 546 to 576 (once again thats Experian FICO score), I went ahead and updated my Experian report to get all my FICO scores and my TR is 560 as I state above vs Wallet Hub TR 581 which was the same 481 as Credit Karmas 481 but CK has not updated the report as of yet.
Only reason I watch CK scores is really for offers but I noticed even though you get the offer through them they (the other CC company's pull from FICO TR &EX) Open Sky did not request my credit report, but I have applied to Capitol One Platinum & diamond Citi both approved but still being processed. I think the card is a great help to build your credit score while you work on paying off other debt/accounts on your credit. I tried to be thourogh as possible but my first post was deleted and I forgot how I worded it for viewers accuracy. I know when I look at reviews I like to see numbers and a good reading broken down ! Hope this helps others to go ahead and try Open Sky, any questions just ask I will answer if I can.… show more
The reason i set it up so early is because of reviews stating it takes long for payment to post etc etc, so i paid my bill probably 3 weeks in advance (something like that), i made two payments one on a Friday the next on the following Monday. 1st payment took about 7-8 days to post and the other smaller amount took a little less time to post, but my available credit did not go up until apx 3 days before the closing of my bill (bill closes on the 20th MINE DOES).
I paid it down to about 6-9% purposely to carry a balance for utilization purposes (my preference, instead of paying it to 0 balance). As of today with CK my scores have not changed, I emailed them as to why... Wallet Hud went up 100 points from 481 to 581 TR which 481 is my current CK TR score to date, not what I started with. My TR FICO is 560 (REAL credit score). I applied with a score of TR 510 (dropped 29 points after applying) & EQ 529 (502 dropped 27 after applying) and those are Credit Karmas scoring NOT FICO scores. Not sure what my FICO scores were before as I just started watching those due to finding out lenders etc look at FICO scores not places like Credit Karmas scores.
Overall im please with the card...let me rewind only FICO (REAL SCORE) I was watching was EX not sure if it dropped from applying/that first month but this billing cycle it went up 30 points from 546 to 576 (once again thats Experian FICO score), I went ahead and updated my Experian report to get all my FICO scores and my TR is 560 as I state above vs Wallet Hub TR 581 which was the same 481 as Credit Karmas 481 but CK has not updated the report as of yet.
Only reason I watch CK scores is really for offers but I noticed even though you get the offer through them they (the other CC company's pull from FICO TR &EX) Open Sky did not request my credit report, but I have applied to Capitol One Platinum & diamond Citi both approved but still being processed. I think the card is a great help to build your credit score while you work on paying off other debt/accounts on your credit. I tried to be thourogh as possible but my first post was deleted and I forgot how I worded it for viewers accuracy. I know when I look at reviews I like to see numbers and a good reading broken down ! Hope this helps others to go ahead and try Open Sky, any questions just ask I will answer if I can.… show more
Jan 18, 2018
Excellent to get yourself started rebuilding. Customer service is generally Ok. Returning your refund is problematic. They will stall you every excuse possible before returning your money. I wouldn’t recommend putting down a large security deposit like I did. Takes about 2 months before they return your mone.
Jan 17, 2018
I have a 580 Fico score, with a great job. I lost my job two years ago, and could not make my payments on my credit card from another bank. I thought, now that I have a great job for the last year and a half, a $200 secure card, would be perfect for me with no credit check! Well, they took my security deposit within seconds of entering my checking account number. Two day later, they send me a email, your application has been denied, you will be refunded your security deposit. Nine days later, still no refund! I called, and they say don’t worry, you will get a refund! I will be filing a dispute with my bank to get my funds back! My suggestiion to everyone out there that is contemplating doing a secure card, to go to your own bank, and speak to the customer service there. You will get a better deal, as you already have a relationship with them!… show more
Jan 06, 2018
I wish I could rate it lower. Beware.....this card requires yournconstant attention. I feel they exploit their card holders and will look for ways to increase their profit. They also added charges at a time when it had a very negative impact to my credit score. After a year of faithfully payinh on time with correct utilization, now I am right back where I started. All because they revamped there website. I feel they failed to properly give notice to update my preferences again and we had to reissue automatic payments. I am submitting all my ingormation to the Feds. I think this card is just one big scam.… show more
Dec 28, 2017
Worst card ever! Do yourself a favor a find other ways to rebuild your credit. After fraudulent charges were put on my account it has been 3 months and the funds have still not been returned. I have had the best results at my local credit union...
02/02/18
There are other people that have problems with the card. I gave them a 4 star review because they actually helped me with my credit score that enabled me to buy a newly constructed home. The only problem I have with them is taking a couple of week to process an online payment that takes money directly from my account that very moment, shows up on OpenSky as a payment that day or the next but credit isn't freed up for 1-1/2 to 2 weeks afterwards. It's cute and funny when I start out with a zero balance and spend $200 - $300 but if I spend 2-1/2 times that amount for whatever reason, I get to the point where I can't use the card and have to revert back to my checking. I can increase the credit limit by sending in more of a deposit but not looking to increase debt right now. Other than that, the card does what it is supposed to do and I make sure to pay two weeks in advance.… show more
12/28/17
Too bad you can’t give this card negative stars. Is it just me or do some of the 5 star reviews seem fabricated to anyone else?...
Dec 18, 2017
Was emailed a "Your credit Card is on it's way" on November 23rd 2017. It's now December 18th. When I called they said "it takes a while to set it up". Sorry (not really) but if it takes you this long to even process a card, I don't want to do business with you as I can foresee any issues that might arise taking a month to be addressed. NOT ACCEPTABLE!
Dec 17, 2017
I’ve had the card for over a year, I paid 200$ and the card took a long while to come in the mail but I was patient, I set up my online account and everything once it came in I can’t remember the order I did those things. I had a monthly Netflix charge set for the card and had the card set up for auto pay so I never had to worry and it stayed under 30% usage. Later on I was informed the website was changing and I needed to update my payment info, I did , then went back to not worrying after I received a verification email that it was up to date. Then spent an hour on the phone updating my address since I moved and no longer had a computer. Couple months later received an email on my phone saying I was past due. I don’t understand how that works. But ok, called em up at the end of November, waited for an hour and spoke to a gal to cancel my card because I didn’t wanna waste time to try to settle things that should be done pretty simply and also I got a different card so i no longer needed it. She kept trying to charge the fees onto my OpenSky card account even though I continuously stated I was canceling that account and I didn’t wanna be with the company anymore. Finally she was on the same page and she said I would be debited the amount I paid to originally start my card in 4-5 days. On December 16th I received a letter saying a 10$ Over the phone payment charge was placed on to my OpenSky account while the 200$ will be debited to me some time after 12-4-17. What? I checked and never received the payment yet So now I gotta call back to make sure there’s no charges on that account still even though I closed it, and also gotta see if there’s a time frame for the amount that will be debited back to me or if they just decide whenever they wanna give it back. Because they took the past due payment out of my account within the hour while I was speaking to the lady in November. Very strange business practices, they seem to not have competent employees, and it seems like they don’t want to return your money. please stay away from this company. If you need to build credit go to this place last unless you’re okay with losing your down payment haha. Other than that I never had a problem. Went from no credit to some credit and bought a house and car. Small price to pay I guess if I don’t get my money back. But like I said I will be contacting them to see what’s up.… show more
Nov 21, 2017
I closed this account 4 weeks ago and still have not received my refund. I called 3 days in a row and received 3 different answers. They didn't want to transfer me to a supervisor who was absolutely no help. This is unacceptable. I will continue to fight this. Thanks all for your reviews.
01/19/18
it's been 7 month since i closed my account with them and not received any refund back
Nov 16, 2017
Hello people, I got this card in 02/2017 or in 03/2017, and I didn't have to wait long to receive it. I say about in a week or two with my deposit of $300.00. I paid on time every month but I did use more than 35% once or twice within the time frame I had this card, but I always paid it off in full immediately. My credit score went up and down. The last time I looked it went down because of me closing out this account with this company. I got my monthly payments down to $10.00 a month with no interest fees. I had everything at zero. They took my deposit and paid what I did owe to get my refund. I mean put a lot of money into this card. My credit was going up but I just wanted another better credit card like Discover. I mean with OpenSky when I called in to speak with a representative, it actually took them an hour to answer my call. Yes, I stayed on the phone for an hour to speak with a representative, and they truly act like they don't care about keeping you as a customer nor do they care if you close out your account. They don't ask why or anything. To me, they seem to have altitudes with themselves and really don't care at all. Their customer services are so bad that I actually think their workers don't care at all about keeping customers nor do they try to keep you on as a customer. Call in and you will be waiting for at least an hour for someone to respond back to you. OpenSky is a bad company with bad customer services. Now that I have closed the account and want my refund, that unhappy lady told me that it would take 3-4 weeks to get my refund, still waiting, and it's been since Oct 31, 2017. I am writing them a letter about I will get the police involved because I think this company has some kind of fraudulent activities with them concerning refunds returns. It's doesn''t say 10 weeks, it says 3-4 weeks after closing your account for a refund to be returned to you.… show more
12/20/17
nancyk_80 will you please send me the link to FB petition. I'm in the process of contacting an attorney also.
11/17/17
If anybody that is waiting on their security deposit and still have not received their refund, please complain about them. I complain about them to the BBB and Consumer Financial Protection Bureau, and if I don't get my security deposit back this month, I will be filing a lawsuit against them. This company should not be like this, they very scammish and very unprofessional and I want my money and I will let everyone know not to deal with this credit card.… show more
Nov 16, 2017
I opened this card 2 years ago with a $200 security deposit and got a $200 limit. At that time my score was around 500. Last year when my score got up to around 650, they increased my limit to $300. I always always paid on time but my limit never went up again. Now I got a $35 fee on the card to renew for the next year so I called to cancel. They immediately closed the account with no questions but said I would still have to pay the fee! After being put on hold for 10-15 minutes to speak to a supervisor, the fee was removed. They never made any attempt to try to keep me as a customer which I thought was odd. I would only recommend this card to someone who is desperate for credit.… show more
Nov 09, 2017
The card was easy to get but it took them 6 months to report my credit usage. When they did it was up 149 points. That is until I used the card again. They were quick to report in 3 days that my card was maxed out even though I pay in full every month.
Nov 03, 2017
good luck getting deposit back after closing account. I had a zero balance upon closing and have yet to receive my deposit of $800 back. I has been over 5 weeks. I called the bank twice as they initially told me it would take no longer than 4 weeks. They said they would "look into it". Very shady and corrupt. This card offers you no perks, no rewards and they do not give you interest on your deposit no longer how long they hold it.… show more
11/17/17
Why don't you complain about them because I am going to get my deposit back, this company can't keep your security deposit, that is your money and I am going to get mine back. I have already complained about them to BBB and consumer financial protection bureau, and I am trying to get others who have not gotten their deposit back to sign a petition to get this company investigated and then a lawsuit against them. Don't let them get away with your money.… show more
Oct 24, 2017
I have been trying to get in contact with these people for 5 days now..I have literally been waiting on hold for 1-2 hours.. this is rediculous somebody has fraudulently accessed my account.. I feel that this is bad customer service
11/17/17
Complain about them to BBB. This company is not supposed to be doing this. Complain about them to BBB and Consumer Financial Protection Bureau. This company is very unprofessional and needs to be investigated. Sign my petition about them not refunding security deposit to their customers after closing their accounts. I will get my money back because it's mine and they don't know how I operate. Complain about them, this is illegal.
Oct 12, 2017
Stay away from this company!! I applied for a card, they immediately dinged my debit card for the security deposit then within a period of 15 seconds told me they were unable to accept my address as legitimate??? They, of course, kept my deposit money. I called their customer no service department and they promised to put the money back on my debit card, but so far nothing!
11/17/17
Complain on them, they can't just keep your money because it's your money. Complain about them to BBB and Consumer Financial Protection Bureau, tell them what they have done. Sign my petition about them giving security deposits back. Don't let them get away with stealing your money.
Sep 30, 2017
Hello everyone, I will give monthly updates on my scores and experiences with this card. I applied on the 10th, got my card on the 19th, used it. I received a call from fraud department on the 27th. They thought someone had my card. I was very pleased to know that they are proactive. All is well so far. I was rd that it reports last day of month so as soon as I get an update i will inform all of you. TU- 556, EX-567, EX 644… show more
Sep 29, 2017
This card is for rebuilding credit. If you want credit card perks this card is NOT for you. The annual fee is $35, yes that's high if you have a card that doesn't charge an annual fee, BUT if you're rebuilding credit you have to just suck it up. Most of the negative reviews seem to be from people who didn't bother to read the terms and conditions first... It's all laid out up front and isn't deceptive in the least. The down sides of this card are: payments by mail take about 21 days to post so you pretty much have to mail your payment before you even get a bill because otherwise it's not going to get processed in time and you would get a late charge. Even if you pay online it usually takes about 14 days before that money is applied to your account and is back in your available credit. Also customer service is only available from 8 a.m. to 5 p.m. Eastern Standard Time. If you need help after hours or on weekends the only service that is available is to report your card as lost or stolen. One great benefit is as long as they can verify your identity you are approved for the card and they do NOT run a credit check. So if you have bad credit to begin with you will NOT end up with another inquiry when you apply for this card.… show more
Jul 05, 2017
Scammers they took my money out my account and supposedly sent out my card on 3 different occasions and still haven't received it yet. Will be filing a dispute with my bank because this is ridiculous
11/17/17
Also complain to BBB and Consumer financial protection bureau, this is illegal for this company to just take your money. They are violating their own policy about refundable deposits which they are not refunding. I will get my money back even if I have to sue them.
Jun 19, 2017
Card is great to build on, but if there are disputed charges on your card, don't expect them to reverse the charges. Instead you have to prove it! And in the meantime, your money is gone for charges unauthorized. Unlike my Discover or Cap1..They trust your telling the truth, and immediately reverse charges.
Jun 05, 2017
You should know that this pre-paid CC unlike Capital One or Discover (which both get 5 stars from me btw) NEVER give you and increase based on you credit usage; only on how much money you send them.
The will take your deposit straight from your bank account in like 72 hrs.
When I cancelled my credit with them I am here waiting still for my money back; and it has been 4 weeks.
When I called to ask why they could take my money in 72 hrs or less; but couldn't seem to get it back to me after 4 weeks???
They proceeded to tell me it could take 10 weeks to get my money back.
They also didn't report my excellent credit usage to the burea since April 2017
Now as I mentioned B4 I also got a CapitalOne and a Discover all prepaid $200 down to all 3 cards; I have since been refunded my money from both CapitalOne and Discover as well as given a unsecured credit from both 3-6x's what I started with a yr ago; trust me when I tell you THIS COMPANY IS NOT WORTH THE TIME OR MONEY.… show more
The will take your deposit straight from your bank account in like 72 hrs.
When I cancelled my credit with them I am here waiting still for my money back; and it has been 4 weeks.
When I called to ask why they could take my money in 72 hrs or less; but couldn't seem to get it back to me after 4 weeks???
They proceeded to tell me it could take 10 weeks to get my money back.
They also didn't report my excellent credit usage to the burea since April 2017
Now as I mentioned B4 I also got a CapitalOne and a Discover all prepaid $200 down to all 3 cards; I have since been refunded my money from both CapitalOne and Discover as well as given a unsecured credit from both 3-6x's what I started with a yr ago; trust me when I tell you THIS COMPANY IS NOT WORTH THE TIME OR MONEY.… show more
11/17/17
Complain about them because it is supposed to be the 3-4 week to refund the deposit, this company has violated their own policy. I have complain to BBB and consumer financial protection bureau. I will get my money back. Sign my petition on facebook. go their page on facebook and you will see my petition.
May 18, 2017
This card gave me the start I needed
I have since moved on to other cards thanks to the help these guys gave
I still have my open sky card sitting with a $0 balance thanks to the no fees this card allows
Thanks for the help
I'm about to close on my first home and it's all cause these guys helped me out when I needed it
Great card great experiance
I have since moved on to other cards thanks to the help these guys gave
I still have my open sky card sitting with a $0 balance thanks to the no fees this card allows
Thanks for the help
I'm about to close on my first home and it's all cause these guys helped me out when I needed it
Great card great experiance
May 18, 2017
Two years ago this was the only credit card that approved me. My credit was not good. As soon I was approved my credit score went up. I kept making the payment on time, and my limit was increased twice, hence my credit score keeps increasing. Now my credit score is much better. I am very happy with this card.
May 17, 2017
Im going to make this as simple and fast as possible, because i dont really write reviews about anything, but in this case i will because opensky has been good to me and because opensky raised my credit 100 dollars more without me depositing or doing nothing. Heres the story : I started with no credit, i applied at 3 different websites because i thought i was going to get approved, but i knew nothing about credit cards, so when i got denied i kept applying another one 2 weeks after, and got denied again, then applied again in a week then got denied again. Then someone told me that this could affect my credit hystory because the more i applied and got denied the less chances im going to get credit, i was very ingenuine and didnt knew nothing about credit cards. Then i decided to give it one more try just one with open sky credit card, because i knew i wasnt going to get a real credit card, until someone sees me that im responsible. this is an secured credit card that i applied for, and crossed my fingers to get approved. And Whalllaaaaa i got approved, THank you open sky for trusting me. I am a very responsible guy and dont like late payments, i made my payments even 18 days earlier, so i wont forget. In 3 months i asked for a credit raise, i started with 300 credit limit that i deposited, but i wanted more credit limit, so i asked for a raise like in 4 months or so, and got approved, then they told me to deposit 500 because i wanted to get 800 dollars credit limit. So i send the money and got 800 limit. After 6 months of paying on time, (sometimes 1 month early lol) open sky saw my payments that i made early and on time every month, and saw that i used it every month to buy things like 32 bucks or less because i kept it under 10% of the 800. You have to keep it at 9% or less of credit Utilazation for bestt credit. So i did that. And in 6 months i received an email saying , Dear Edwin, thank you for paying on time and because of that opensky has decided to reward me 100 dollars more without me depositing anything on my credit limit. I couldnt believe it. They are giving me 100 dollars more , instead of me giving them. Well thats the story, of everything that happened to me. Now its been 9 months, and i got 2 unsecured credit cards and still got this one opensky secured credit card. All because Opensky trusted me. I want to say Thanks Open Sky.… show more
May 15, 2017
Six months after filing chapter 7 bankruptcy, I applied for the OpenSky secured credit card with a $300 deposit and got approved after being declined by a few other credit card companies for a SECURED CREDIT CARD!. It has a $39 annual fee which is a small price to pay in my opinion. I used the card wisely and made my payments on time. I also kept my balance low (less than 50% of the limit) as I was working hard on getting a second chance at credit and trying not to repeat my past mistakes. My credit score started improving and went up about 80 points within 7 months. I recently got approved for a Discover it card with at $2400 credit line and a Capital One QuickSilver One with a $2000 credit line. I am wiser with credit and will use my cards responsibly. All this thanks to OpenSky helping me rebuild. There is definitely life after bankruptcy and I would recommend anyone to start with OpenSky!… show more
May 11, 2017
I have been working on improving my credit for about 1 year now. One of the first things I did was get the Open Sky Secured CC because they do not check your credit. I did not want an inquiry going against me and bring my scores down, so this card sounded perfect to me. I started with a $500 limit, then moved it up to $1,000 a few months later. This is a secured card as you know, and, yes, you have to deposit your money, and the amount you choose is your limit, but don't knock it! By getting this card, instantly my 3 credit bureau scores went up about 50 points each, and with careful use and prompt payments, this has helped me to bring 2 of my credit bureau scores up a total of 100 points and the other credit bureau has gone up 150 points in only 1 year! I know now that even though I have made credit mistakes in the past, there is possibility of fixing your credit. I have just gotten approved for an unsecured Mastercard, my scores keep going up, and the long-lost dream of purchasing my own home will become a reality before I know it! Thank you Open Sky!… show more
01/06/18
Oh my god! You gave them 1000.00!!! Good luck getting that money back. You will never get those funds back Do not close that card.
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Last updated on: February 12th, 2021 at 10:01
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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 issuer’s responsibility to ensure all posts and/or questions are answered.
Offer last updated: Feb 12th, 2021 at 10:01 ET