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Public Savings OPEN SKY Secured Visa Credit Card
1033 Reviews | Write a Review
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Offered by: Public Savings Bank
| Purchase Intro Rate | N/A |
| Purchase Intro Period | N/A |
| Balance Transfer Intro Rate | N/A |
| Balance Transfer Intro Period | N/A |
| Regular APR | 14.25% |
| Balance Transfer Rate | 14.25% |
| Cash Advance Rate | 18% |
| Annual Fee | $50 |
| Late Fee | $20.00 |
| Cash Advance Fee | See Terms |
| Balance Transfer Fee | None |
Public Savings OPEN SKY Secured Visa Credit Card features:
- APR=14.25% (Prime + 11%) for all transactions
- Minimum Payment= 2% of the New Balance or $25; whichever is greater
- Rush/Expedited Card Fee= $50
- FREE electronic Billing Statements
- Paper Statement Fee= $3 month; this fee will be waived for the first two billing cycles however, it can be avoided by selecting to suppress paper statements.
See the online Provider's credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Take Offer" button, you can review the credit card terms and conditions on the provider's website.
These savings are calculated using national averages. Log in to see your own savings!
How We Calculated Your Savings
Credit Karma uses details about your credit card usage and data we have on current credit card offers to calculate how you might save money. These calculations are for illustration purposes only.
Year 1 |
Year 2 |
Year 3 |
||
|---|---|---|---|---|
|
Balance Transfer Cost
|
$0 |
$0 |
$0 |
|
Interest Savings on Transferred Balance
|
$0 |
$0 |
$0 |
|
Interest Savings on New Purchases
|
$2,471 |
$3,504 |
$4,873 |
|
Value of Rewards on New Purchases
|
$0 |
$0 |
$0 |
|
Value of Bonus Points
|
$0 |
$0 |
$0 |
|
Annual & Application Fees
|
-$50 |
-$50 |
-$50 |
|
Savings: | ||||
| Total Annual Savings | $2,421 |
$3,454 |
$4,823 |
|
| Total Savings over 3 Years |
$10,697 |
|||
Calculations are estimated based on your credit card usage combined with offer data and are for illustration purposes only.
Most Recent Reviews
I cancelled my card 3 months ago. Today I received a statement letting me know my account is overdue. I called customer service, and discovered I owed a $2 finance charge which was applied in November. This was after I cancelled, but prior to the refund of my deposit which was supposed to cover any balances.
Stay away from this card, try your local credit union instead!
PS. I am giving one star because I can't post without rating it. If I could it would be a negative...
Anonymous 1 month ago
When you decide to close this account, you will NOT get your original deposit back, they will keep sending you statments and charging late fees (on the closed card), and you won't be able to reach anyone by phone to fix it.
Anonymous 1 month ago
This sounds illegal. I would make sure this is indeed the case and report it to the appropriate banking regulators.
CK Moderator
So Far So Good.......
I applied the same week Public got bought out by Capital Bank. My $300 deposit went through just fine, and almost immediately my credit score went up by 35 points on Experian. It also went up on the other two agencies, but since I hadn't been monitoring them, I have no idea how much this new card contributed to the score but I'm sure it was a comparable amount. I paid the $50 fee as soon as I could, and have paid off any charges pretty much right after I use the card. I never go above 10% of available credit and my score has gone up a few points as a result. Once I have 6 months of good history with this card, I'll try for another one from somewhere else.
The only issue I've had with them was this weekend, I tried using the card but it was declined. I called to 800 number and was told that there was an address verification issue with a vendor. It will have to wait 'til Monday for me to straighten this out with the bank directly. I'll report back when i know more.
Bottom line, this card has done everything I hoped it would. Just be smart with usage and your score will rise!
theseanman 2 months ago
I had a very low credit score and needed something to raise it so i could get approved for the home i wanted... After 2 months my credit score went up to 720 :-) this credit card really helped me... and now i am a home owner... I would recommend anyone to get a secured credit card bc if you use it correctly in the beginning you credit score can jump from below 500 to over 700... I know this for a fact bc mine did...
Anonymous 2 months ago
See all 1033 Reviews of Public Savings OPEN SKY Secured Visa Credit Card
Write a review of Public Savings OPEN SKY Secured Visa Credit Card
Credit Score Approval Data
Ideal for those with Very Poor Credit:
551
AVERAGE Credit Score Approved for this Card
453
LOWEST Credit Score Approved for this Card
† Credit Karma members have received approvals with these Credit Karma credit scores. Please note that because other factors such as income and employment status can affect credit card approval, these are only guidelines and approval is not guaranteed.
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Capital bank took over public savings bank holdings... SIGNIFICANTLY changed terms! Just cancelled card and was told it would take 6-8 weeks to refund my deposit!! DO NOT DO ANY BUSINESS WITH THIS BANK!!!
Anonymous 1 week ago