OpenSky Secured Visa Review

Start building your credit today with OpenSky Secured Visa! No credit check needed, plus low fees and quick approval.

The OpenSky Secured Visa is designed to help individuals improve their credit scores and build financial stability. It’s simple, straightforward features provide an ideal way to regain control of your financial future. While the card offers several key benefits, what makes it truly unique is how accessible and user friendly it is for anyone looking to enhance their credit.

This card comes with the flexibility and support needed for those new to credit building or looking to repair their score. Its features empower you to take control of your financial health without the complexities of a traditional credit card.

Building Your Future, One Step at a Time

•  No Credit Check Required: The OpenSky Secured Visa eliminates the barrier of a credit check, making it accessible to everyone regardless of their credit history. Whether you’ve faced financial challenges or are new to credit, this card allows you to start fresh.

•  Reports to Major Credit Bureaus: OpenSky makes sure your on time payments are reported to all three major credit bureaus: Equifax, Experian, and TransUnion. This means you’ll see the direct benefit of responsible card use in your credit score, helping to build a stronger credit history.

•  Customizable Credit Limit: With OpenSky, you set your credit limit based on the amount of your security deposit. This flexibility means you can start small and increase your limit as you grow more comfortable managing your card.

•  Low Annual Fee: Unlike many secured cards that come with high fees, the OpenSky Secured Visa offers a low annual fee, making it affordable for a wider range of people looking to rebuild their credit.

•  Online and Mobile Account Access: Managing your account is easy with OpenSky’s online and mobile platforms. You can monitor your balance, make payments, and track your credit progress at any time.

•  Quick and Easy Approval: Applying for the OpenSky Secured Visa is straightforward, and approval times are fast. This makes it an excellent option for those who need a credit card solution quickly.

•  Widely Accepted: As part of the Visa network, the card is accepted at millions of locations worldwide. You can confidently use it for everyday purchases, travel, or emergencies.

•  Increase Your Credit Limit Over Time: With responsible use, you may qualify for credit limit increases over time, further improving your credit score and purchasing power.

•  No Minimum Credit Score Required: Whether you have poor credit or no credit history at all, the OpenSky Secured Visa makes it possible for you to start building a credit profile.

Qualification Requirements

•  No Credit Check: Anyone can apply without fear of being denied due to their credit score. This makes it perfect for individuals with little to no credit or those recovering from financial difficulties.

•  Legal Resident of the U.S.: Applicants must be legal residents or citizens of the United States. This ensures that you have a valid Social Security number and a U.S. mailing address.

•  Must Be At Least 18 Years Old: Applicants must meet the minimum age requirement to apply for credit in the U.S., which is 18 years old.

•  Valid Bank Account: A checking or savings account is necessary to submit your security deposit and manage your payments.

•  Security Deposit Required: The OpenSky Secured Visa requires a refundable security deposit, which becomes your credit limit. This ensures responsible use of the card and limits the risk for both the issuer and the user.

•  Not Currently Bankrupt: Applicants must not be undergoing bankruptcy proceedings, ensuring that they are in a stable financial position to manage credit responsibly.

How to Apply for The OpenSky Secured Visa

•  Visit the OpenSky Website: Start your application online by visiting the OpenSky website. The process is simple and user-friendly.

•  Complete the Application Form: Fill in the required information, such as your name, address, Social Security number, and employment details.

•  Select Your Deposit Amount: Choose how much you want to deposit, which will set your initial credit limit. Deposits range from $200 to $3,000.

•  Submit the Security Deposit: Fund your deposit using a checking or savings account. This deposit is fully refundable when you close your account or upgrade to an unsecured card.

•  Await Approval: After submitting your application, you’ll receive a decision within a few days, typically without needing additional documents or checks.

•  Receive Your Card: Once approved, your OpenSky Secured Visa card will be mailed to you. You can start using it right away to build your credit.

Frequently Asked Questions  

Do I need good credit to apply?  

No, the OpenSky Secured Visa does not require a credit check, making it accessible for those with bad or no credit history.

How long does it take to get approved?  

Most applicants receive approval within 48 hours of submitting their application.

Is the security deposit refundable?  

Yes, the security deposit is fully refundable when you close your account or transition to an unsecured card, as long as the balance is paid.

Will using this card help my credit score?  

Yes, OpenSky reports to all three major credit bureaus, which can help improve your credit score with responsible usage.