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Opensky® Launch Secured Visa® for New Credit

Updated:

imageImage: image

114

reviews

3.1

Rating: 3.1 out of 5.

Great for a low security deposit

Annual Fee: $2 monthly ($24 per year) *

*(The monthly fee is billed at a rate of $2 per month, annualized at $24 for the first 12 months. Beginning year two and for as long as the account remains open, the monthly fee is billed at a rate of $3 per month, annualized at $36.)

This content is curated by Intuit Credit Karma’s Editorial team using data from members who were approved for this card or similar cards, or who self-matched this card or similar cards. Intuit Credit Karma receives compensation from third-party advertisers, but that doesn’t affect our editors’ opinions. Our third-party advertisers don’t review, approve or endorse this content. Information about financial products not offered on Credit Karma is collected independently. Our content is accurate to the best of our knowledge when posted.

Here’s the average credit limit of members who matched their Opensky® Launch Secured Visa® for New Credit or similar cards.

% of members by credit limit range

$0-$3K $3K-$5K $5K-$10K $10K-$20K $20K+ 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 99% 1% 0% 0% 0%
$0-$3K $3K-$5K $5K-$10K $10K-$20K $20K+ 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 99% 1% 0% 0% 0%
$0-$3K $3K-$5K $5K-$10K $10K-$20K $20K+ 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 99% 1% 0% 0% 0%

The average credit limit for members who have matched with this card or similar cards is $405, with $200 being the most common.

Here’s the average credit score of members who matched their Opensky® Launch Secured Visa® for New Credit or similar cards.

% of members by credit score range

Thin file Poor Fair Good Excellent 0% 10% 20% 30% 40% 50% 60% 70% 2% 61% 19% 17% 1%
Thin file Poor Fair Good Excellent 0% 10% 20% 30% 40% 50% 60% 70% 2% 61% 19% 17% 1%
Thin file Poor Fair Good Excellent 0% 10% 20% 30% 40% 50% 60% 70% 2% 61% 19% 17% 1%

The average credit score for members who have matched with this card or similar cards is 583, with 557 being the most common. Note this is just one of the deciding factors when it comes to getting approved.

Member stats

Updated daily

48.4%

Average credit utilization (or what percent of the card’s credit limit is being used) of members who matched with this card or similar cards.

40 years

Average age of members who matched this card or similar cards.

$73,612

Average annual income of members who matched this card or similar cards. Note: Income may be estimated for some members by Credit Karma and may differ from members’ actual incomes.

Member reviews

Overall rating:

3.1

Rating: 3.1 out of 5.

114

reviews

Most helpful positive review

December 25, 2024

4

Rating: 4 out of 5.

Good credit building card

— Credit Karma Member

I have used this card for 4 months now and just use it then pay it off immediately and my credit score has gone up over 100 points. It allowed me to be approved for a much better credit card so it’s basic but it does serve its purpose.

Most helpful negative review

October 30, 2024

1

Rating: 1 out of 5.

Stay away!! Predators!! Shame on you, credit karma

— Credit Karma Member

Stay away these people are predators! Do your research. No working customer service. Shame on you credit karma

All member reviews