OpenSky Secured Visa Credit Card

The OpenSky Secured Visa Card is an excellent option for people who are looking to rebuild their credit rating. It doesn't require a security deposit and it has competitive interest rates.

In the realm of personal finance, the OpenSky Secured Visa stands out as a beacon of hope and opportunity. More than just a credit card, it serves as a lifeline for those looking to reshape their financial narratives. Whether you’re navigating back taxes or embarking on your first steps into the credit world, this card is designed with your needs in mind.

The OpenSky Secured Visa transcends traditional credit barriers by eliminating the necessity for a credit check or even a bank account, ensuring accessibility for a broader audience. It serves not just as a financial tool but as a partner in your journey toward financial wellness. With an impressive 87% average approval rate over the past six months, it offers a high likelihood of approval, promoting financial inclusion and opportunity.

The process of securing the card with a refundable deposit, which also establishes your credit limit, is straightforward and manageable.

CREDIT CARD

OPENSKY SECURED VISA

Credit limit up to $5,000 No penalty APR

I WANT TO HAVE ACCESS TO OPENSKY SECURED VISA

APPLY NOW You will be redirected

Zero Fraud Protection Program: Your Safety Net

In an era dominated by digital security concerns, the Zero Fraud Protection program of the OpenSky Secured Visa provides a vital safety net. This program ensures that you are not held liable for any unauthorized transactions on your card, offering peace of mind in a time of frequent digital threats. It goes beyond protecting your finances; it safeguards your journey toward credit recovery and stability.

This protection instills trust and confidence in using the card for daily transactions and credit-building activities. With robust fraud protection backing your OpenSky Secured Visa, you can navigate financial activities without fear of falling victim to fraudulent activities. This program underscores the card’s commitment not only to rebuilding your credit but also to protecting your overall financial well-being.

Key Advantages and Special Benefits

1. No Credit Check Required: The OpenSky Secured Visa does not require a credit check during the application process, making it accessible to individuals with limited or poor credit history.
2. High Approval Rate: With an impressive 87% average approval rate over the past six months, the OpenSky Secured Visa provides a high likelihood of approval for applicants, promoting financial inclusion.
3. Refundable Security Deposit: You can secure the card with a refundable security deposit, which also sets your credit limit. This deposit is fully refundable when you close your account in good standing.
4. Build Credit: By using the OpenSky Secured Visa responsibly and making timely payments, you can build or rebuild your credit history over time.
5. Access to Credit: Even if you don’t have a bank account, you can still qualify for the OpenSky Secured Visa, making credit more accessible to a wider audience.
6. Report to Credit Bureaus: OpenSky reports your credit activity to all three major credit bureaus (Experian, TransUnion, and Equifax), helping you establish a positive credit history.
7. Manageable Fees: The OpenSky Secured Visa has a straightforward fee structure with no hidden fees. The annual fee is affordable and can be paid with your security deposit.
8. Online Account Management: Enjoy the convenience of managing your account online, where you can track your spending, make payments, and monitor your credit progress.
9. Accepted Worldwide: Use your OpenSky Secured Visa card internationally wherever Visa is accepted, providing flexibility and convenience for travel and everyday purchases.
10. Customer Support: Benefit from dedicated customer support to assist you with any questions or issues related to your OpenSky Secured Visa card.
11. Flexible Credit Line: Your credit limit is equal to your deposit, ranging from $200 to $3,000, offering flexibility based on your financial capability.
12. Additional Visa Benefits: Includes ID Navigator Identity Theft Protections, Roadside Assistance, and 24-hour Cardholder Inquiry Service, providing added value beyond credit building.

Qualification Requirements

Qualifying for the OpenSky Secured Visa is uniquely inclusive, catering to a broad spectrum of financial backgrounds. The primary requirements are a minimum deposit of $200, which sets your credit limit, and the ability to pay the $35 annual fee.

Notably, this card requires no credit check or bank account, making it a standout option for those with challenged credit histories or limited banking access.

Key Fees and Charges of the OpenSky Secured Visa

Understanding the fee structure associated with the OpenSky® Secured Visa is vital for effective financial planning. Here’s a breakdown of the main fees and charges for this credit-building tool:

• Annual Fee: $35 – A flat rate charged yearly for card usage.
• Foreign Transaction Fee: 3% of each transaction in U.S. dollars – Important for those who travel or make purchases in foreign currencies.
• Regular APR: 25.64% (Variable) – This is the annual percentage rate applied to balances carried beyond the due date.
• Maximum Deposit/Credit Limit: Up to $3,000 – Providing flexibility for those who wish to have a higher credit limit.
• Late Payment Fee: Fees may apply for late payments, underscoring the importance of timely bill management.
• Cash Advance Fees: If applicable, this fee is charged for cash withdrawals using the credit card.

How to Apply for the OpenSky Secured Visa Card

Applying for the OpenSky Secured Visa is a straightforward process, designed to be quick and user-friendly:

1. Online Application: Visit the OpenSky website and access the application form.
2. Provide Personal Details: Fill in necessary information such as your name, address, and financial details for identity verification.
3. Make Your Deposit: Choose your credit line by making a refundable security deposit between $200 and $3,000.
4. Submit the Application: Review your information, accept the terms and conditions, and submit your application.
5. Await Approval and Card Delivery: Once approved, your card will be sent to you, ready for activation and use.

Frequently Asked Questions (FAQs)

What is the annual fee for the OpenSky Secured Visa?

• The card has an annual fee of $35.

Do I need a credit check to apply?

• No, there is no credit check required to apply for this card.

How does the security deposit work?

• Your security deposit, which is a minimum of $200, sets your credit limit and is fully refundable.

Can this card help improve my credit score?

• Yes, timely payments are reported to the three major credit bureaus, aiding in credit building.

CREDIT CARD

OPENSKY SECURED VISA

Credit limit up to $5,000 No penalty APR

I WANT TO HAVE ACCESS TO OPENSKY SECURED VISA

APPLY NOW You will be redirected