Note: We may earn commissions (at no cost to you) if you buy through links on our site. Learn more.

OpenSky® Secured Visa® Credit Card review

Compare Compare  
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 6.8 out of 10. This score is based on our evaluation of 19 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 is designed for people who need to repair their credit or have no credit. This secured credit card doesn’t require a credit check or even a checking account to be eligible. Instead, you submit a refundable deposit between $200 to $3,000, which acts as your credit limit. Beca...

- Kevin Payne, FinanceBuzz

If you’re looking to rebuild your credit or have no credit history at all, you can get started without a credit check with the OpenSky Secured Visa Credit Card. Regular reporting to the credit bureaus can help you establish a positive payment history as long as you pay in full and on time, but you w...

- Holly Johnson, NextAdvisor

With a relatively low APR and annual fee, the OpenSky Secured Visa credit card is a great card for those with bad to fair credit. You won’t earn any rewards, but you’ll keep additional charges to a minimum, and you can qualify for the card without a credit check.

- Emily Sherman,

If you've struggled to qualify for a secured card because of poor credit or lack of a bank account, this card is a good option. But if you aren't facing such obstacles, you'd be better served by a secured card that upgrades you to a regular unsecured card after months of responsible use and doesn't...

- Melissa Lambarena, Claire Tsosie, NerdWallet

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


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
Suggest a correction

Disclaimer: All products, logos, images and trademarks are the property of their respective owners. Content is not provided or commissioned by any company mentioned. Any views, analyses, or recommendations expressed here are those of the author's alone, and may not have been reviewed, approved or otherwise endorsed by any company mentioned.

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.

The Informr is an independent, advertising supported website and may receive compensation for sponsorships or when you click on certain affiliated links.

Use this card?

Help inform others by sharing your experience with OpenSky® Secured Visa® Credit Card

Rate It: