OpenSky Secured Visa credit card full review
This article will give you a detailed overview of the OpenSky Secured Visa credit card and how to get one for yourself so that you can improve your credit score!
by Izabela Bonzanini
OpenSky Secured Visa credit card
The OpenSky Secured Visa credit card is designed for people who have had some financial trouble in the past and need to rebuild their credit.
The great thing about this card is that it doesn’t need a credit check and bank account, which means you can start rebuilding your credit right away.
The company has had an average approval rate of more than 80% in the past five years. This means that, in most cases, their customers are approved, and they can use the card to improve their credit score!
Besides, you can try to increase your credit line after six months with no additional deposit required! And if that’s not enough incentive, then know this: you can qualify for the OpenSky Gold Unsecured after the first semester of using the card.
So, check our review for more information about the card!
|Credit Score||No credit check|
|Regular APR||18.89% (variable) for Purchases and Cash Advances|
|Welcome bonus||It does not offer a welcome bonus|
|Rewards||It does not offer rewards|
How does OpenSky Secured Visa Credit Card work?
We’ve all been there: our credit score is lower than we’d like it to be and we’re not sure how to make it better. One option is to get an OpenSky Secured Visa Credit Card.
First, you need to apply for the card. It’s important to make sure you meet the eligibility requirements, which include having a valid Social Security number and being a U.S. citizen or permanent resident, and once you’re approved, you’ll need to make a security deposit of at least $200. This deposit will be your credit limit with the card.
OpenSky Secured Visa Credit Card pros and cons
Even if you don’t have a bank account, you can be eligible for this secured card. Plus, there’s no credit check. On the other side, the card charges an annual fee.
- No credit check required
- You set the credit limit
- Can help you build credit like a traditional credit card
- Application is easy, fast and approval or no approval is instantly
- Reports to all 3 major credit bureaus monthly
- Has an annual fee
- No rewards program
- Requires minimum deposit
My credit score needs to be good?
Since this card does not require a pull on your credit score, and the recommended score to apply to this card is poor (300) to average (689), it’s perfect for people with poor to average credit scores and that have a bad credit history.
Want to apply for OpenSky Secured Visa Credit Card?
The OpenSky Secured Visa Credit Card is a great option for people who have poor to average credit scores. With no credit check required, it’s easy to apply and you could be approved in 5 minutes and you can get a credit limit as low as $200.
If you want a secure way to rebuild your credit, the OpenSky Secured Visa is a perfect option. So, learn how to apply for it at the following link!
About the author / Izabela Bonzanini
7 best credit cards for no credit: find the right fit for you
Starting financial life can be difficult. Read on to see the best credit cards for no credit that can help you on your way!Keep Reading
Mercury Mastercard Credit Card full review
If you're looking for a card to build credit, with low rates and no annual fees, you should check this Mercury Credit Card review!Keep Reading
What is an NFT: understand how this digital asset works
Ever wondered what is an NFT? This digital asset works as a new fully digital currency. Learn more about this new technology.Keep Reading
You may also like
Sable debit card full review
Check this Sable debit card review and see how you can rebuild your credit score while getting cash back on all your purchases!Keep Reading
LightStream personal loan review: is it worth it?
Do you already know the LightStream personal loan? Credit reaches $100,000 and you have no origination fee. Know more.Keep Reading