July 4, 2022
OpenSky® Secured Visa® Credit Card 

OpenSky® Secured Visa® Credit Card - bantng.com

A Complete Review of OpenSky Secured Visa Credit Card

If you are looking for an ideal option to rebuild your credit, the OpenSky Secured Visa Credit Card is the best choice for you. The remarkable thing about this is that you don’t need a credit report if you want to apply and your credit score doesn’t matter. This is not the case with other traditional credit cards, so this is the most decent option for you.

The OpenSky Secured Visa credit card is one of the rarer options that allows you to apply for a credit card without a bank account or credit check. You can apply for this card if you wish to accumulate or increase your credit with a secure card. If you have bad credit or no credit history but still want to use a credit card, consider using secured credit cards. Nearly 99% of Sky Safe Visa Card users report gaining credit within the first six months of using the card.

What is OpenSky Secured Credit Card?

Suppose you are trying to verify your credit card because your credit score is low or you are worried about the credit check that comes with each new card application. In this case, the very short verification method for the OpenSky Secured card may be the most attractive feature.

The card is not only open to bad and unreliable people, but also does not require credit check at the time of application. There is no need to “soften” credit records. You do not need to create another bank account to do this.

You can make your first deposit by money order or ask someone else to send the check on your behalf. For this reason, OpenSky Visa is an excellent financial tool for people with low credit ratings, other financial tools and experience.

You can also choose your credit limit by entering a refundable deposit of $200 to $3,000 subject to authorization, giving you the freedom to use your card while keeping your credit usage within a healthy range.

How does OpenSky Secured Visa work?

The OpenSky Credit Card is a great option for someone who needs to establish credit or repair bad or damaged credit and desires a low APR and a higher initial credit limit than usual. If you’re concerned that you’ll need to regularly rotate a balance on your secured card, having the lowest APR feasible is a smart choice.

You’ll also get a bigger initial credit limit than with numerous other secured cards (if you can put down a large deposit), and no credit check is necessary.

Because of its cheap cost and simplicity of acceptance, as well as its substantial maximum credit limit, the OpenSky Secured Visa should be a good option whether you want to build or rebuild your credit. While there are probably less expensive secured card choices, the OpenSky Secured Visa should provide ample opportunity to establish your trustworthiness while keeping prices low.

What are the Features of OpenSky Secured Visa?

Current sign-up bonus

There are no welcome incentives for OpenSky Secured cards. As with many secure cards, we are more interested in helping develop credit than offering additional benefits.

You can always upgrade to a bonus credit card to earn a signup bonus after your balance has improved and your new card becomes available.


The OpenSky Secured Card comes with several useful features. Still, they’re all geared at helping you manage your account so you can improve your credit score history and eventually qualify for an unsecured card.

Other secured cards, including unsecured cards tailored for bad credit, may provide more benefits than OpenSky’s typical features like email notifications and account management through the mobile app.

No credit check is required

When you sign up for an OpenSky account, the company does not perform a credit check to see if you qualify for the card. Instead, you’ll have to pay a security deposit of $200 to $3,000. When you close the account after paying everything in full, you can get your deposit back.

Your deposit reduces a lender’s risk, so they don’t have to check your credit or hurt your credit score with a sudden withdrawal.

Reports to all three major credit bureaus

OpenSky reports all payments to three major credit bureaus: Experian, Equifax, and TransUnion. Timely payments to your card are reflected in the credit reports of the three bureaus, which helps build credit. Avoid late payments as they can significantly reduce your credit score.

Set your credit limit

OpenSky Secured Visa allows you to set a monthly spending limit of up to $3,000 (much higher than many other secured cards). The amount you deposit in your account determines your credit limit. If your initial investment is less than $3,000, you can always increase your limit by depositing more funds into your OpenSky account.

Traditional Visa perks

As with any Visa card, if your card is lost or stolen and needs renewal, you’re entitled to a range of Visa perks, including $0 criminal liability, 24/7 emergency payments, and 24/7 assistance. network level card.

If you are concerned about identity fraud, the provided identity navigator tool searches the dark web for personal information and alerts you to anything suspicious.

Security Features

The security measures on this card are industry standard. You can use the OpenSky app to manage your account. On the other hand, the OpenSky website can be an indicator of a company’s poor customer service by making it difficult to find contact information.

You can contact customer support by calling the phone number on the back of your card.

OpenSky Secured Visa Advantages

A Bank account is not required

Traditional and central banks need a bank account to apply for a credit card. The advantage you will get by using this card is that this requirement is unnecessary, and you can apply for it easily. However, matters will be more challenging for you to pay your Credit Card bill without having a bank account.

A credit check is not required

It can be difficult to get proof of your credit card if you don’t have credit. However, this will not be a problem if you opt for the Sky Secure Visa open credit card. This card does not check your credit when you request it. However, your card may be rejected for other reasons.

Reports to all three major credit bureaus

All credit card information is reported monthly to Equifax, TransUnion and Experian. Therefore, you can rebuild your credit. When you practice good credit habits and pay your bills every time, it becomes easier for you.

However, negative credit information is reported making it important to pay your bills on time and only then can you avoid high credit usage.

OpenSky Secured Visa Disadvantages

Cannot upgrade to an unsecured card

If you have a secure credit card, you have the option to upgrade to a non-secure credit card. Join the same company if it proves worth taking the credit risk of a financial institution. The OpenSky Secured Visa credit card does not provide these benefits.

If you choose this card, you’ll be logged in to your secure credit card, leaving your account open. The biggest problem with this is that when you try to make this card your first and oldest line of credit, you have to pay an annual fee.

Charges an annual fee

This card charges $35, which is not a hefty amount for a secured credit card. On the other hand, you can find a secured credit card that does not have an annual fee at all.

Conclusion: Is OpenSky Secured Visa Worth it?

If you want to increase your credit score in the long term, this is also the right thing to do. You need to provide a deposit first, then you need to pay other fees. It is important to note that you must pay the bill on time each month, and then you can increase your credit score.

There are many reasons to get a secured credit card. If you haven’t been approved before, or recently suddenly went bankrupt, you can apply. The OpenSky Secured Visa credit card is unique in that no bank account is required. Ideal for anyone facing bankruptcy or other problems.

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