Korean Air Skypass Visa

Picture of Korean Air Skypass Secured Visa
12 Reviews
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Credit Score: 495 Credit Limit: 1 Age: 35-44
Posted 08/01 2019
Overall Rating:
Just wanted to say that from the moment that I applied it took over 21 days before the security deposit was removed from my bank account. Which apparently is quite different compared to the experience others have had. Still waiting for the card in the mail.
Credit Score: 529 Credit Limit: 1000 Age: 35-44
Posted 02/13 2018
Overall Rating:
Work for a Korean company and fly there at least 3 times a year (mostly on Korean Air). My credit was not very good when I applied so I figured that the secured card would be better rather than the regular card. After I applied, I got the usual "wait" message. But after 4 days, I noticed that my deposit was taken out of my bank account. I called customer rep but was told that I was not approved yet! Two weeks later, I got the card in the mail so I guess I was approved.

Another thing is that it took about 2 billing cycles to post my bonus miles. Otherwise, the card has been ok and I have had no problems with payment. It is now my 13 months and I think I'll be calling US Bank soon to see if they could upgrade me to the unsecured version.
Credit Score: 564 Credit Limit: 700 Age: 35-44
Income On Application: $65000
Posted 09/29 2017
Overall Rating:
I was checking out the US Bank site for secured cards and it turns out that they have quite a few of them (HD, Aeromexico and their regular US Bank one as well). I decided to get this card since I am a mile junkie in credit rehab. Skypass is part of the One World alliance and I can use it on other airlines as well. I did not get approved immediately and it appears that US Bank takes a long time to approve. But money was taken out of my checking account 3 days after I applied. I assumed that I was approved but did not get the card until slightly more than 2 weeks later.

I check my credit reports after the first billing statement and they did report as secured. One of the things that attracted me to US Bank was that they paid an interest on your deposit. It is not much to be honest but at least they do that. I called the rep to ask about graduating to an unsecured version and was told they they do not graduate but that I can apply when my scores are better.
Credit Score: 534 Credit Limit: 1500 Age: 25-34
Posted 06/08 2017
Overall Rating:
I applied and was told my app was under review and I should hear back within 7-10 business days. 3 days later, the deposit was taken out of my account. I found out I was approved 2 weeks later and the card arrived shortly after that.

I got this card to rebuild my credit but also because I fly to South Korea and using Skypass miles is the best option. If you pay cash, then Korean Airlines is actually expensive! I deposited $1500 which is a large sum for a secured card but I wanted to make sure I have enough to buy airline tickets if I need to.
Credit Score: 570 Credit Limit: 800 Age: 25-34
Posted 04/14 2017
Overall Rating:
I got this card because I actually got a job that requires travel to South Korea twice a year. I did not have any credit cards before and was rejected by quite a few issuers. I finally decided to get a secured card and this was the one I chose. So this is actually my first credit card and the experience has been good. I set up autopay and everything works as it should.
Credit Score: 615 Credit Limit: 1000 Age: 25-34
Posted 01/06 2017
Overall Rating:
So here is my experience with this card from getting it to finally getting rid of it when I finally managed to get an unsecured credit card. I got the usual 7-10day wait message and finally got approved 2 weeks later (though money was taken from my checking account before that). I set up my payments to be on autopay so that I'll never be late.

The things I like about this card:

1. Autopay
2. Pays interest on your deposit
3. Website easy to use

What I do not like

1. When I went to South Korea, I used the card. When I came back and checked the statements, I realize that they charge a foreign transaction fee. I know most cards do that, but for a foreign airline affinity card, I would expect that it will be waived.

Anyway, after 13 months, I called US Bank rep and asked if I could graduate to an unsecured card. They said I could apply for one and that they will not convert this card. I applied for the regular Skypass card and was approved for $2500 in credit limit. I made sure all my miles were in my skypass account and then canceled the card. Deposit was returned.
Credit Score: 580 Credit Limit: 1500 Age: 25-34
Posted 08/08 2016
Overall Rating:
I have never had a credit before but my family goes back to South Korea for vacation once a year. So I decided to start building my credit history with this card since I fly Korean Airways. I also have the Capital One secured card and I actually use that card when I am abroad because they do not charge any foreign transaction fee whereas this card does.
Credit Score: 540 Credit Limit: 1000 Age: 25-34
Income On Application: $65000
Posted 07/18 2016
Overall Rating:
I stumbled upon this while looking at the US Bank secured card. Did not realize they had a few others like HD and AeroMexico. My current job requires travel to Asia (including S. Korea). Since I already have a Skypass account, I just applied. The approval process is quite slow and I have heard that US Bank does manual reviews. My card took about 2 1/2 weeks to arrive.

I immediately set up autopay and made my first purchase (from amazon!!). The bonus miles took a few weeks to appear on the statement. But they report pretty quickly to the credit bureaus. I have also rented a car with this card and had no problems at all.
Credit Score: 610 Credit Limit: 1500 Age: 25-34
Posted 03/25 2016
Overall Rating:
I did not have any credit cards in college and so have not really built up a credit history. After getting a couple of denials from regular banks, I decided to get the US Bank Skypass secured Visa because I do fly Korean Airlines to Asia for my job. The sign up bonus is nothing to write home about. But at least it is better than nothing. I have had this card for 15 months and have not been offered to upgrade to an unsecured version. Rep told me to apply for one. I have not done so yet. But anyway, after one year, you do get an anniversary bonus of 1000 points and you get it within a month of your anniversary.
Credit Score: 532 Credit Limit: 1000 Age: 35-44
Income On Application: $70000
Posted 10/10 2015
Overall Rating:
Got this card to rebuild my credit after a job loss. But my new gig requires travel to Asia and I use Korean Airlines quite a bit. I applied for the card and was given the 7-10 day wait message. 3 days later, the deposit was taken out of my checking account and I thought I was approved. I called customer rep to confirm but they said no and I will know soon and if I was not approved, the deposit will be returned.

I finally got approved 2 weeks after I applied and got the card 3 days later after approval. I checked my credit reports and they do report that the account is open pretty quickly. They report as secured. I quickly made my first purchase and got my 5000 bonus miles a few weeks later. I have had no problems with the card. The only peeve I have is that there is a foreign transaction fee (which I was not aware of) when you use the card overseas (which I did in Asia).

It has been over a year and a half now and I have gotten my anniversary bonus. But still no upgrade to the unsecured version.
Credit Score: 574 Credit Limit: 2000 Age: 25-34
Posted 07/05 2015
Overall Rating:
This is an excellent card for someone looking to build a credit history. The approval is slow (like more than 2 weeks). But everything else is good. Payment is easy to set up . The website is easy to navigate.
Credit Score: 530 Credit Limit: 1500 Age: 35-44
Posted 06/06 2015
Overall Rating:
I put down quite a large deposit (for a secured card) because Korean Air tickets normally cost slightly over a thousand to Asia. The sign up bonus is pathetic and they charge a foreign transaction fee. But it is a secured credit card so I'll give it a pass for that. Other than that, US Bank's customer service is ok and I have had no problems with my payments.

Aside from this card, I also have the Cap One secured and Discover it secured as well. I got them about within 2 months of each other. After about 8 months, my credit karma score had gone up by 100 points.