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OpenSky® Secured Visa® Credit Card review

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Advertiser Disclosure

Interest Rate: Purchases
17.39% (Variable)
Balance Transfer
Signup Bonus

Informr score
The OpenSky® Secured Visa® Credit Card currently has an Informr score of 6.7 out of 10. This score is based on our evaluation of 18 sources including reviews from users and the web's most trusted critics.

What's good

  • 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.
  • They have a Facebook community of people just like you; there is a forum for shared experiences, and insights from others on their Facebook Fan page. (Search “OpenSky Card” in Facebook.)

What's bad

  • Annual fee
  • No rewards
  • No signup bonus
  • Foreign Transaction Fee

Am I eligible?

OpenSky® Secured Visa® Credit Card is typically available to those with poor credit scores (650 or greater).
To get this card, you must also:
Yes Be a permanent or temporary resident of USA
Yes Provide a minimum security deposit of $200.

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...


The OpenSky Secured Visa Credit Card may be a good fit if you’re looking for a secured credit card that doesn’t pull your credit when you apply. Because the card reports to all three major credit bureaus, using this card responsibly may help you establish a positive credit history. Additionally, the...

- Lance Cothern, Investopedia

We gave the OpenSky® Secured Visa® Credit Card an above-average rating not because of its fee structure or other account terms, which aren’t particularly impressive, but rather because it’s characterized by a very unique feature: no credit check. That means you can get it and thus begin the credit-i...

- John S Kiernan, WalletHub
Money Crashers

The OpenSky® Secured Visa® Card is meant for consumers in the early stages of building or rebuilding their credit. With no credit check requirement and very loose underwriting standards, it’s an ideal first credit card out of bankruptcy, and its reasonable APR is a nod to users who need (or prefer)...

- Brian Martucci, Money Crashers
Credit Card Insider

The OpenSky® Secured Visa® Credit Card is a way to rebuild credit, reporting all activity to the major credit bureaus, although it may not be the best option available to you. Like other secured cards, you’ll be required to make an initial deposit which will form your credit limit. But you won’t nee...

- Evan Zimmer, Credit Card Insider
The Simple Dollar

If you want to give your credit score a boost, the OpenSky® Secured Visa® Credit Card is a good option. If you use your card responsibly and don’t overspend, you may be able to increase your credit score more quickly compared to similar cards with lower lines of credit. If you’re looking for rewards...

- Nicki Escudero, The Simple Dollar


Interest Rates
Regular APR Interest Rate 17.39% (Variable)

This APR will vary with the market based on the Prime Rate.

Balance Transfer Interest Rate

Balance Transfers Not Allowed

Cash Advance Interest Rate 17.39% (Variable)

This APR will vary with the market based on the Prime Rate.

Rates & Fees
Annual Fee $35.00
Balance Transfer Fee
Cash Advance Fee $6.00

Or 5% of the amount of each cash advance, whichever is greater.

Foreign Transaction Fee 3%

Of each transaction in U.S. dollars.

Over Limit Fee $0.00
Late Payment Fee $38.00


Sign up bonus No
All Purchases No
Restaurants No
Gas No
Groceries No
Hotels No
Travel No
Pharmacy No
Bills No
Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance No
Car Rental Insurance No
Car Rental Discount No
Extended Warranty No
Purchase Protection No
Zero Liability Yes
No Foreign Transaction Fees No
Emergency Assistance No
Concierge Service No
Price Protection No
Fraud Protection Yes
Free Credit Scores No
Wireless Payments No
Virtual Cards No
Minimum Security Deposit $200
Minimum Age 18
Minimum Personal Income
Temporary Residents No
Additional comments

*View the Cardholder Agreement located at the bottom of the application page for details of the card

Terms & Conditions Official Terms & Conditions
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

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