OpenSky® Secured Visa® Credit Card

The OpenSky® Secured Visa® Credit Card is designed for those with poor credit looking to rebuild their credit history. The card reports to all 3 credit bureaus. No credit check is necessary to apply. However, there are no rewards or other benefits and there’s an annual fee. While this card can be an option to help you improve your credit, you should also consider other options with no annual fee, such as the Capital One Quicksilver Secured Cash Rewards Credit Card. We dive into the details and your approval odds in this OpenSky review.

OpenSky Secured Visa Credit Card

Our Rating

3.0/5.0

Welcome Offer

N/A

Annual Fee

$35

0% on Purchases

N/A

Reward Rate

N/A

0% on Balance Transfers

N/A

Features & Benefits

SecurityEMV Chip Enabled, Fraud Monitoring, Zero Liability
Contactless PaymentsApple Pay, Google Pay, Samsung Pay
Benefits24/7 customer service
Travel PerksNone

Rewards

Interest Rates & Fees

Annual Fee$35
Foreign Transaction Fee3% of each Transaction in U.S. dollars
Regular APR25.64%+ (V) APR

What Credit Score Is Required to Get the OpenSky® Secured Visa® Credit Card

The following credit score data are based on publicly available information we have collected from various forums. We have no way to confirm the accuracy of this data. In addition, keep in mind that credit card issuers use numerous factors in their underwriting process, and these factors can change at any time.

Lowest Approved Credit Score: 497

Average Approved Credit Score: 563

App StatusDateCredit ScoreBureauCredit Limit
Approved03/04/2020
651
TransUnion
$500
Approved04/27/2022
497
TransUnion
$3,000
Approved04/27/2022
531
Experian
$3,000
Approved04/27/2022
571
Equifax
$3,000

Pros & Cons

Pros
  • Reports to all 3 credit bureaus
  • No credit check needed to appy
Cons
  • Annual fee
  • No welcome bonus
  • No rewards
  • High APR
  • Foreign transaction fee

What Are the Best Alternatives?

Capital One Platinum Secured Credit Card
Capital One Platinum Secured Credit Card

Rating

4.5

Rewards Range

N/A

Annual Fee

$0

Capital One Quicksilver Secured Cash Rewards Credit Card
Capital One Quicksilver Secured Cash Rewards Credit Card

Rating

4.8

Rewards Range

1.5%

Annual Fee

$0

Secured Chime Credit Builder Visa® Credit Card
Secured Chime Credit Builder Visa® Credit Card

Rating

4.5

Rewards Range

N/A

Annual Fee

$0

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