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OpenSky® Secured Visa® Credit Card

Credit needed

Fair/ Poor/ Bad/ No Credit

APR

17.39%

Annual Fee

$35

Card Summary

OpenSky Secured Visa Credit Card does not require credit checks. The starting credit limit is set by the amount of the refundable security deposit. It can range from $200-$3,000.

All activity on the card will be reported to the three main credit bureaus. There is a $35 annual charge and a 3.3% foreign transaction fee.

The cardholder benefits include $0 in fraud coverage and rental insurance. OpenSky Secured Visa Credit Card review: Although the OpenSky Secured Visa Credit Card offers credit building and rebuilding without credit checks, it does have an annual fee.

Card Summary - Cons

Rates and fees

Issuer Name

Capital One

Penalty APR

None

Credit Needed

Fair/ Poor/ Bad/ No Credit

Balance Transfer Fee

N/A

Annual Fee

$35

Cash Advance Fee

6.5% or 5% depending on the cash advance amount; whichever is higher.

APR

17.39%

Foreign Transaction Fee

Each transaction in U.S. Dollars will be charged 3%.

Highlights

Apply without a credit check. OpenSky is committed to giving everyone an equal opportunity. Your Visa credit limit is the refundable* deposit that you make. You can choose it from as little as $200 and build credit quickly.

OpenSky provides credit reports for all three major credit bureaus. Our customers that started with no credit history have a record of credit scores at the credit bureaus within 6 months.

There is an open Facebook community for people like you. You can share your experiences and gain insights from other members on the Facebook Fan Page. Search "OpenSky Card", in Facebook. OpenSky offers credit tips as well as a page dedicated to credit education on its website. This will help you in your journey. For more information about the card, please see our Cardholder Agreement at the bottom. OpenSky Secured Credit Card:

What are the fees?

Annual Fee: $35Cash advance fees: This fee equals 5% or $6. For each international transaction, there is an additional 3% fee.

Late Payment Fee: This fee is up to $27 for the first late payment and $38 for any subsequent late payments within six months. Return payment fee: $25.

Comparative Analysis with Other Cards

OpenSky Secured Credit Card vs. Citi Secured MasterCard:

An annual fee for the OpenSky Secured Visa Credit Card is $35 while the Citi Secured Mastercard has no annual fees.

Reward Points: You can't earn any rewards on either of these cards.

Sign up bonus: No card provides a sign up bonus. OpenSky Secured Visa Card Holders have $0 Fraud Liability Coverage and Auto Rental Insurance. These benefits are also available with the Citi Secured Mastercard. Citi Secured Mastercard offers identity theft protection and FICO credit score access for free.

Capital One Platinum Secured Credit Card vs OpenSky Visa Secured Credit Card:

OpenSky Secured Visa Credit Card Holders must pay an annual $35 fee. Annual fees are not charged by the Capital One Platinum Secured Credit Card.

Rewards: There is no rewards program on either card.

No sign-up bonus for either cards. The OpenSky Secured Visa Credit Card as well the Capital One Platinum Secured Credit Card have $0 fraud coverage. They also offer auto rental insurance, emergency card services and auto rental insurance. The Capital One Platinum Secured Credit Card will give you access to Mastercard Identity theft Protection and your security deposit may be as low at $49.

Conclusion

Do You Need the OpenSky Visa Secured Credit Card?

If you are:

You want to increase your credit score without having to go through a credit check.

You can afford at most $200 for a deposit.

You don't mind paying an annually fee.

Note: Credit Card summary is for informational purposes only and is not an endorsement of the product. Products and services described are offered by third parties and not Bright Money or its partner banks. Bright Money strives to keep its information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider, or specific product’s site and the information has not been reviewed or provided by the issuer of the product before publication.

2026 Bright Capital Inc.

Secured revolving lines of credit (“Bright Builder”) are made by Bright Capital Inc., NMLS (2410428) only, subject to state residency. Bright currently does not offer Unsecured Lines of Credit (“Bright Credit”) to new customers. Personal loan offers are available through Bright Money’s Network Partners, subject to credit approval and applicable state restrictions. Loan amounts and terms vary. Deposit accounts are provided by Evolve Bank & Trust and Continental Bank, Members FDIC. FDIC insurance will only cover the failure of Evolve Bank & Trust and Continental Bank, Members FDIC. Learn more here. Bright is a financial technology company, not a bank.

When you join Bright and if you choose to start a Premium Membership you will be charged a recurring fee of $14 per month, $39 for a three-month term, $68 for a six-month term or $97 for an annual term. Your Premium Membership will auto-renew until you cancel membership. Cancel anytime. See Membership Terms and Conditions. Bright Premium Membership is not required for Bright Builder or Personal Loan offers.

Each individual’s credit situation is unique and influenced by a variety of factors. The way these factors interact and impact a person’s credit score may vary. Bright Capital, Inc. strives to provide accurate and up-to-date information. However, we cannot guarantee the completeness and correctness of the content provided. This page is intended for informational purposes only and does not constitute financial or legal advice, nor does it imply an endorsement of any third-party products or services. All products and services are presented without warranty. Bright Capital, Inc. does not offer financial, legal, or tax advice. We strongly recommend consulting with your own financial, legal, or tax advisors for guidance specific to your situation.

OpenSky® Secured Visa® Credit Card

Card Summary

Card Summary - Cons

Rates and fees

Highlights

Comparative Analysis with Other Cards

OpenSky Secured Credit Card vs. Citi Secured MasterCard:

Capital One Platinum Secured Credit Card vs OpenSky Visa Secured Credit Card:

Conclusion

Do You Need the OpenSky Visa Secured Credit Card?

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Bright Builder

Bright Plan

Smart Round-Ups

Rent Reporting

Personal Loans

Cash Advance

Learn

Calculators

Credit Cards

Careers

FAQs

OpenSky® Secured Visa® Credit Card

Card Summary

Card Summary - Cons

Rates and fees

Highlights

Comparative Analysis with Other Cards

OpenSky Secured Credit Card vs. Citi Secured MasterCard:

Capital One Platinum Secured Credit Card vs OpenSky Visa Secured Credit Card:

Conclusion

Do You Need the OpenSky Visa Secured Credit Card?

Products

Legal

Resources

ADDRESS

E-MAIL

OPERATIONAL HOURS [Mon-Fri] - 9:30 AM TO 6:30 PM (CST)

Products

Legal

Resources