Opensky® Secured Visa® Credit Card

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29 Reviews
Consumer Rating:

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Card Details
Card Details

Opensky Credit Card Details

Issuer Capital Bank
 Annual Fee  $35
 APR (Purchases)  18.89% V
 APR (Cash Advances)  18.89% V
 Min Security Deposit  $200
 Max Security Deposit  $3000
 Reports As  Unsecured
 Foreign Transaction Fee  3%
 Cash Advance Fee  Max ($6 or 5%)
 Late Payment Fee  Up to $40
 Return Payment Fee  Up to $40
 Grace Period  25 Days
 Additional Card Fee  $0

Pros and Cons
Pros and Cons

Pros and Cons: Opensky


  • No Credit Check
  • Report as unsecure
  • Can use debit or prepaid card, Western Union for deposit


  • Cannot graduate (because Opensky has no unsecured credit card)

Our Take
Our Take

Is The Opensky Credit Card Good?

In our opinion, this is one of the best credit card for those of you who have really bad credit and have been denied from other cards. The key feature of this card is that there is no check check so you do not risk any hard pull at all. All they need is to verify your identity. It also reports as unsecured (which appears as normal "credit card" in your credit reports).

You also do not need a bank account to deposit your refundable security deposit check. You can do so with a debit or prepaid card, Western Union, Snail Mail check or money order. In fact, funding your deposit by debit or prepaid card is the fastest method and you get your card sooner.

If you have already been rejected by other unsecured or even secured credit cards, this card is a great option to rebuild your credit. The lack of hard pull on your credit report is definitely worth the $35 annual fee. Once your credit score has improved enough to the point when you can get an unsecured credit card with no annual fee, then you can simply cancel the card and get back your fully refundable deposit.


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Credit Score: 548 Credit Limit: 200 Age: 55-64
Approved 20 yrs after Bankruptcy
Income On Application: $735
Posted 08/15 2017
Overall Rating:
credit scores are 548
Credit Score: 450 Credit Limit: 200 Age: 35-44
Posted 08/01 2017
Overall Rating:
450 credit score limits 200
Credit Score: 559 Credit Limit: 300 Age: 25-34
Posted 07/04 2017
Overall Rating:
Got rejected by a few secured cards (and al with a hard inquiry). Glad to have found this card. The annual fee is worth not having any hard pull on your report.

Everything is been great so far. Payment is easy and I have never had any problems using the card anywhere.
Credit Score: 586 Credit Limit: 500 Age: 35-44
Approved 2 years after Bankruptcy
Income On Application: $60000
Posted 06/13 2017
Overall Rating:
The application process was very easy and this card has done it's job. After 6 months, my score has increased from 586 to 650. I have no other card, so perhaps it is time to get an unsecured card.
Credit Score: 496 Credit Limit: 200 Age: 25-34
Posted 06/07 2017
Overall Rating:
This is absolutely the best card for rebuilding. There is no credit checks and I can pay using my debit card. My TU score has gone up 50 points after 2 months of using this card. I highly recommend this card for rebuilders. Avoid cards with high fees (there are lots of them out there).
Credit Score: 486 Credit Limit: 200 Age: 35-44
Posted 05/23 2017
Overall Rating:
Everything is great about this card except for one thing, the 5-7 day payment hold. For this, I am giving this a 3-star instead of 5.
Credit Score: 513 Credit Limit: 200 Age: 35-44
Posted 04/14 2017
Overall Rating:
I got this card and the application process was easy. You have to send in your deposit when you apply. The thing I like about this card is that they is no credit checks and you do not need a bank account. I used my debit card to fund my deposit.

However, your deposit does not earn interest. So I would recommend not putting any more than you need in the account. They also have a payment hold of about 5 days for your account (at least for me until the 6th month).
Credit Score: 504 Credit Limit: 300 Age: 45-54
Posted 03/25 2017
Overall Rating:
I had this card for 2 years and everything went well. However, I had problems closing my account. I called customer service rep to close the account At that time, there was a $30 left on my account. So I transferred $30 from my bank account. The rep acknowledged that and closed the account. I thought that was the end of the story.

A few days later, I got an email saying I still had $30 left and they charged me a late fee. I called out customer service and explained the whole situation to them. She said that the $30 was not paid but agreed to waive that late fee. I thought this was all settled again until I got another email with the same story.

I have not resolved this but I am giving this a 1-star rating for this experience. To be fair, this card helped improved my credit score from low 500s to 710 now.
Credit Score: 515 Credit Limit: 300 Age: 25-34
Posted 02/03 2017
Overall Rating:
When I started off with this card, my credit score was really bad (around 515 area). I was declined for a few other secured credit cards (no kidding). Then, I did some research and found this card. It has a low annual fee, no credit checks and no monthly fees. I applied and was instantly approve though the card took a few days to arrive.

After 11 months (slightly less than a year) of using it for paying bills and my netflix account, my score increased by about 100 points. I managed to get a couple of no annual fee unsecured cards. Fast forward a year and a half and my credit score is now about 745. Timing is right as I am about to close on a house and I am getting the best mortgage rates.
Credit Score: 534 Credit Limit: 500 Age: 25-34
Posted 02/01 2017
Overall Rating:
I think this is one of the best cards for rebuilding. I was researching mortgage rates via Quicken Loans and even they recommended this card to rebuild your credit! I took their recommendation and got one myself. Within a year and a half, my scores have increased about 100 points. I still have ways to go to get prime mortgage rates, but what a great start.
Credit Score: 496 Credit Limit: 400 Age: 25-34
Posted 12/12 2016
Overall Rating:
The card is ok but customer service could use some improvements. They do not seem to be on the same page and often give me different answers to the same questions.

Having said all that, I have been using the responsibly and only charging like $35 a month on the card and paying it off on time and in full. My score has already gone up 40 points after 5 months.
Credit Score: 476 Credit Limit: 300 Age: 25-34
Approved 3 months after Bankruptcy
Posted 11/20 2016
Overall Rating:
This card has helped me rebuild my credit after my BK. I started off with a $300 deposit. I used the card to pay a couple bills. I always pay in full and on time. Within 6 months, my score has increased by 100 points. If you are looking to rebuild and reestablish your credit, this would be the card to get.
Credit Score: 552 Credit Limit: 300 Age: 35-44
Posted 09/26 2016
Overall Rating:
I had problems closing the account. I had to wait a couple of months to get my money back and they I kept getting charged for statements on a closed account. Customer service was absolutely useless.
Credit Score: 450 Credit Limit: 200 Age: 25-34
Posted 07/16 2016
Overall Rating:
I made a lot of mistakes when I was younger and saw my score crash to 450. I got this card and deposited $200. I would only charge $20 a month. One was for my netflix account and they other when I had a meal out. Then I would put the card in my drawer and not use it. I would then pay it off in full every month as well. Within a year, my score has risen to 550.

If you are smart about how you use the card, you can recover from a bad score
Credit Score: 488 Credit Limit: 400 Age: 35-44
Posted 06/24 2016
Overall Rating:
My husband defaulted on one of the cards in which I was an authorized holder. My score took a hit and I was denied for both Cap1 secured and BOA secured. I was told my score was 488 with delinquencies. I did some research and found out that Opensky had no credit checks. I took a chance and was approved. Card arrived about 10 days later. After using it for 8 months and only about 15% on my credit line, my score is now 625.

I took a shot and applied for the capital one platinum and was approved for $300. I have got to thank Opensky for helping me rebuild my credit.
Credit Score: 500 Credit Limit: 300 Age: 35-44
Approved Discharged for 2 weeks after Bankruptcy
Posted 06/13 2016
Overall Rating:
This was the first card that I applied for after my BK (2 weeks after discharge). I was approved and the card took about 7 business days to arrive. It has been 1 years and my score has increased fro 500 to 650. I spend about $30 to $50 a month and pay it off in full every month. That is all I have been doing. This is an excellent card to rebuild credit.
Credit Score: 535 Credit Limit: 500 Age: 25-34
Posted 04/05 2016
Overall Rating:
The website and online tools are bad. User interface is poor. They better revamp their website cos most other banks have much better websites than this.

Still I cannot complain about them giving me a chance with hard pull after I had been turned down by issuers like Credit One!
Credit Score: 550 Credit Limit: 700 Age: 25-34
Posted 03/27 2016
Overall Rating:
I like that you can make recurring scheduled payments. My score went from 550 to 690 with a year.

If you are rebuilding, just get this card. Avoid the high fee unsecured cards and after a while, you will be surprised where your score will be. Got it use it responsibly though.
Credit Score: 554 Credit Limit: 200 Age: 25-34
Posted 01/24 2016
Overall Rating:
Opensky puts a payment hold on your account for about 10 days. So my suggestion is to use just fraction of your limit and pay in advance if you want the full credit limit to be available for the next cycle.
Credit Score: 521 Credit Limit: 200 Age: 25-34
Posted 01/17 2016
Overall Rating:
Here's my take on this card.

1. low starting deposit/limit ($200)
2. No hard pull

1. Payment hold (about 10 days) for up to 6 months before they process it in 48 hours.

BTW - my score went from 521 to 630 within a year.
Credit Score: 505 Credit Limit: 200 Age: 25-34
Posted 11/29 2015
Overall Rating:
All other secured cards and "sub-prime" cards wanted my bank account and routing number. With Opensky, I simple paid with my debit card.
Credit Score: 530 Credit Limit: 300 Age: 18-24
Posted 10/18 2015
Overall Rating:
I got into trouble with credit cards in college and I got this card to get back on track. My score was 530 when I got this card. I deposited $300. 6 months later, my score is up by 100 points - 630. I also got a walmart card and a cap one platinum card (both $500 limit).
Credit Score: 486 Credit Limit: 300 Age: 35-44
Posted 10/02 2015
Overall Rating:
I applied for both the Discover and Citi secured card and was denied. My Eq score dipped about 5 points because of the hard pull. I then applied for this card and cap one secured together (in 2 browsers) and got approved for both. My scores went up to 520 about a week later.

I like the fact that there are no credit checks. The bad thing is that they put your payments on hold for about 5-7 business days whereas with Cap One, they clear the next day.
Credit Score: 567 Credit Limit: 500 Age: 45-54
Posted 09/16 2015
Overall Rating:
My credit was destroyed after a job loss and to rebuild my credit, I tried applying for a couple of secured cards like Citi and Wells and was denied. I decided to apply for this card because they did not do any credit checks. I got approved and deposited $500.

It has been about 16 months and my score had improved over 70 points.
Credit Score: 475 Credit Limit: 200 Age: 35-44
Posted 07/07 2015
Overall Rating:
My credit was hit hard and my score was 475 with 15 collections. I applied for a few sub-prime card but was denied. And I was also denied for a few secured cards! But Opensky gave me a chance and I deposited the minimum $200. I would have given this a 5-star if not for the payment hold (about 5 days).
Credit Score: 540 Credit Limit: 500 Age: 35-44
Posted 06/25 2015
Overall Rating:
I have only great things to say about this card. My score was 540 when I got approved. I started off with $500. After 3 months, my score had gone up to 650. Incredible! All I did was charge about $50 a month on the card and paid in full on time. I sent my checks a week early because they put a hold on your payment. But since I spend only $50 on the card (about 10% utilization), this has never been a problem. I also have about $40,000 of charge offs from 5 credit cards that have not dropped off (it will happen soon).
Credit Score: 523 Credit Limit: 400 Age: 35-44
Posted 04/24 2015
Overall Rating:
My credit score took a hit. I was rejected by Wells Fargo and so decided to give Opensky a shot. I was approved with a 523 score. I deposited $400 to start the account. After 6 months, I applied for a Capital One unsecured and was approved.
Credit Score: 543 Credit Limit: 300 Age: 25-34
Posted 03/12 2015
Overall Rating:
This card is a breeze to use. Making payments is easy as well (online or by phone) unlike some other cards. If you make a few timely payments, you will see your score go up.
Credit Score: 525 Credit Limit: 500 Age: 25-34
Posted 01/06 2015
Overall Rating:
My TU score was 525. After I applied, I checked my score and it went up by 30 points to 555. I also got my card 2 weeks after I put in my $500 deposit.