Credit Cards (US)

OpenSky® Secured Visa® Credit Card review

Have you ever seen a credit card which there is no need to have a bank account or a credit check? That already exists! And we’re going to give you an OpenSky® Secured Visa® Credit Card review.

OpenSky® Secured Visa® Credit Card: The smart way to rebuild your score!

Check out this OpenSky® Secured Visa® Credit Card. Source: The Mister Finance.
Check out this OpenSky® Secured Visa® Credit Card. Source: The Mister Finance.

First of all, the OpenSky believes that everyone should have opportunities. That’s why no bank account or credit history is necessary to apply for the OpenSky® Secured Visa® Credit Card.  

Furthermore, this secured card is a great option for you to rebuild your credit. 

So, keep reading to learn all about this credit card, and check if it is for you!

Credit ScoreThere’s no credit check.
Annual Fee$35
APR22.14% (variable) on purchases;
22.14% (variable) on cash advances;
No penalty APR.
Other FeesMax late fee up to $38
RewardsNone
OpenSky® Secured Visa® Credit Card

OpenSky® Secured Visa® Credit Card application

The OpenSky® Secured Visa® Credit Card is an option for people who don’t have a good credit score or even a bank account. So, check out how to apply for it!

How does the OpenSky® Secured Visa® Credit Card work?

Usually, applying for credit cards means at least history credit check. And if you have never had credit before, you cannot go further with the request.

Also, you may have had a bankruptcy or other major life event, or maybe you’re just struggling with real life, which compromised your credit score. 

So, thinking about it, the OpenSky launched the Secured Visa® Credit Card, ensuring that people have opportunity to rebuild credit. Thus, by paying your bills on time, for example, you will be able to raise your credit score.

In addition, as long as you are a member, you will not only have a great tool to build credit quickly, but also, you will be part of a community where you can learn about credit education and have a good support to finance insights.

OpenSky® Secured Visa® Credit Card benefits

What are the pros and cons of this card? Source: StockSnap.
What are the pros and cons of this card? Source: StockSnap.

In brief, OpenSky® Secured Visa® Credit Card is a good option if you don’t have a bank account, or a good credit score, or maybe just need to rebuild your credit. 

However, before applying for it, check out our list of pros and cons:

Pros

  • No credit score needed
  • No bank account required
  • Great tool for rebuilding credit
  • Good tool for parents to protect against unauthorized charges on their children’s cards
  • Refundable security deposit
  • Good app and website 

Cons

  • Annual fee
  • 3% foreign annual fee
  • No rewards or perks
  • $200 minimum deposit

Pre-approved credit cards for low credit score available now

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How good does your credit score need to be?

As you can see, there is no credit check or credit history required to apply for this secured card. Then, you can apply for the OpenSky® Secured Visa® Credit Card even if you have a bad and limited score or no score at all.

How to apply for an OpenSky® Secured Visa® Credit Card?

So, if you are interested in applying for this card and enjoying all its benefits, check out our post below! There you’ll find all the information necessary to apply for your OpenSky® Secured Visa® Credit Card!

OpenSky® Secured Visa® Credit Card

OpenSky® Secured Visa® Credit Card application

The OpenSky® Secured Visa® Credit Card is an option for people who don’t have a good credit score or even a bank account. So, check out how to apply for it!

About the author  /  Aline Augusto

My name is Aline Mesquita; I'm a writer here on the blog, where I write about finance in general and other subjects. I have been working with content creation for ten years. Also, I'm post-graduated in Project Management, with expertise in SEO practices. Currently, I am studying finance, market trends, and cryptocurrencies.

Reviewed by  /  Aline Barbosa

Senior Editor

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