Skypass Visa® Secured Card review

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Advertiser Disclosure

Interest Rate: Purchases
17.74% (Variable)
Balance Transfer
17.74% (Variable)
Rewards
1 Mile
Signup Bonus
-


7.4/10
Informr score
The Skypass Visa® Secured Card currently has an Informr score of 7.4 out of 10. This score is based on our evaluation of 4 sources including reviews from users and the web's most trusted critics.

Am I eligible?


Skypass Visa® Secured 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 $300.

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 Balance

The SKYPASS Visa Secured Card stands out as a secured card for travelers. Miles are earned in Korean Air’s SKYPASS program and can be redeemed and earned on their airline partners such as Delta.

- Reyna Gobel, The Balance
LendEDU

With the SKYPASS Visa Secured credit card, you can rebuild your credit while earning travel rewards. However, it’s important to note that this isn’t the only good secured card available. Carefully consider your needs and shop around to see which secured credit card best helps you reach your goals.

- Miranda Marquit, LendEDU
Wise Bread

Best for those who are just starting out or are in the process of rebuilding credit, and frequently travel with Korean Air. It is important that you are able to take advantage of the bonus opportunities for the fees and expenses attached the card to be worth it.

- Christina Majaski, Wise Bread
Finder

This card is a solid option for frequent travelers who are looking to build their credit history. Flexible credit limits and a rewards program make it a strong choice among other secured credit cards.

- Finder

Details


Interest Rates
Regular APR Interest Rate 17.74% (Variable)

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

Balance Transfer Interest Rate 17.74% (Variable)

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

Cash Advance Interest Rate 20.99% (Variable)

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

Rates & Fees
Annual Fee $50.00
Balance Transfer Fee 3%

Minimum of $5

Cash Advance Fee 4%

Minimum of $5

Foreign Transaction Fee 2%

Of each transaction in U.S. dollars.


3%

Of each transaction in foreign currencies.

Over Limit Fee $0.00
Late Payment Fee $39.00

Maximum

Promotions
Sign up bonus

Earn 5,000 bonus miles after your first purchase.

Rewards
All Purchases 1 mile for $1 spent
Restaurants No
Gas No
Groceries No
Hotels No
Travel No
Pharmacy No
Bills No
Additional Details
  • Earn 1,000 Bonus miles at renewal.
  • Redeem miles for award travel and upgrades on Korean Air and SkyTeam partners
Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance Yes
Car Rental Insurance Yes
Car Rental Discount No
Extended Warranty No
Purchase Protection No
Zero Liability Yes
No Foreign Transaction Fees No
Emergency Assistance Yes
Concierge Service No
Price Protection No
Fraud Protection Yes
Free Credit Scores No
Wireless Payments No
Eligibility
Minimum Security Deposit $300
Minimum Age 18
Minimum Personal Income
Temporary Residents No
More
Additional comments
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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Critic Reviews


The Balance

Best for people who are building credit but also want to earn miles for travel

from The Balance

The SKYPASS Visa Secured Card stands out as a secured card for travelers. Miles are earned in Korean Air’s SKYPASS program and can be redeemed and earned on their airline partners such as Delta.

Read full review

The SKYPASS Visa Secured Card stands out as a secured card for travelers. Miles are earned in Korean Air’s SKYPASS program and can be redeemed and earned on their airline partners such as Delta.

Read full review

Less

LendEDU

Build credit while earning travel rewards

from LendEDU

With the SKYPASS Visa Secured credit card, you can rebuild your credit while earning travel rewards. However, it’s important to note that this isn’t the only good secured card available. Carefully consider your needs and shop around to see which secured credit card best helps you reach your goals.

Read full review

With the SKYPASS Visa Secured credit card, you can rebuild your credit while earning travel rewards. However, it’s important to note that this isn’t the only good secured card available. Carefully consider your needs and shop around to see which secured credit card best helps you reach your goals.

Read full review

Less

Wise Bread

Earn miles and build or rebuild your credit rating

from Wise Bread

Best for those who are just starting out or are in the process of rebuilding credit, and frequently travel with Korean Air. It is important that you are able to take advantage of the bonus opportunities for the fees and expenses attached the card to be worth it.

Read full review

Best for those who are just starting out or are in the process of rebuilding credit, and frequently travel with Korean Air. It is important that you are able to take advantage of the bonus opportunities for the fees and expenses attached the card to be worth it.

Read full review

Less

Finder

Great for those who are always on the go

This card is a solid option for frequent travelers who are looking to build their credit history. Flexible credit limits and a rewards program make it a strong choice among other secured credit cards.

Read full review

This card is a solid option for frequent travelers who are looking to build their credit history. Flexible credit limits and a rewards program make it a strong choice among other secured credit cards.

Read full review

Less

User Reviews


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