Offered by: Capital Bank

Open SkySM Secured Visa® Credit Card

  • No Credit Check for Approval
  • No Checking Account Required
  • Reports to All 3 Major Credit Bureaus
  • All Applications Considered
  • Quick and Easy Online Application
  • 4 Ways to Fund Your Card
  • Accepted Everywhere You See the Visa Logo
  • Choose Your Own Credit Limit from $200 to $3,000
551 Average Credit Score Approved for this Card
453 Lowest Credit Score Approved for this Card
Purchase Intro APR Purchase Regular APR Balance Transfer Intro APR Balance Transfer Regular APR
   

N/A

 

14.25%

 

N/A

 

14.25%

 

* 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.

Offer Details:

Cash Advance Rate

14.25%

Annual Fee

$50

Late Fee

$20

Cash Advance Fee

5%

Balance Transfer Fee

5%

Saving Details

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

$0

$0

$0

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

‑$50

‑$50

‑$50

Total Savings over 3 Years

‑$150

Credit Card Usage Profile

Transfer a Balance

  • Balance to Transfer: $2,500
  • Monthly Paydown: $600
  • APR: 21.99%

Earn Rewards

  • $1,000 Monthly Spending
  • $45 Gas
  • $75 Groceries
  • $20 Travel
  • $50 Restaurants
  • $50 Entertainment
  • $760 Other

Establish or Build My Credit

Card Details
  • Annual Fee: $50
  • Minimum Deposit: $0

Finance a Large Purchase

  • Initial Purchase Amount: $3,000
  • Monthly Paydown: $60
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.

Savings are based on Credit Karma calculations and are not endorsed or commissioned by any advertisers. These calculations are for illustration purposes only. If bonus is included in savings estimate, it is assumed offer qualifications are met.

Compare Holders of This Card

Open SkySM Secured Visa® Credit Card Cardholder Comparison Coming Soon!

We’re working hard to collect and analyze information about typical cardholders. When we have enough data available, you’ll see charts and statistics about this card, right here on Credit Karma. Check back often for updates!

583 Cardholder Reviews

The following information and reviews are brought to you by Credit Karma and/or its users. Banks, issuers, and credit card companies do not endorse or guarantee, and are not responsible for this content.

Most Recent Reviews

OPEN SKY HANDS DOWN!!!!!!!!!! Helpful to 19 out of 23 people

I cant even begin to explain the wonders that this card has brought to my credit score. First let me start by saying that the application took a little longer than expected but thats only because they need to verify certain aspects of your identity. Second I have had this card for merely a couple of months and my transunion score has gone from a 517 to a 708..UNREAL!!! I also checked with other sites to verify that this was correct and came to find out it was 100 percent accurate. It has also helped my experian credit score by taking it from a 532 to a 630.. talk about wow..keep in mind it has only been 2 months. If your looking for a secured card to help re establish credit than this most definitely is the card for you. Dont take my word for it see for yourself. Please keep in mind that certain credit situations are different but I have paid my auto loan and everything on time for about 4 months now and this has been the result. Open Sky you guys ROCK!!!!!!

santanacic2014's response was:    

  Mar 28, 2014

santanacic2014(1, 19)

Review by santanacic2014

1 Contributions 19 People Helped

Terrible card avoid at all costs Helpful to 20 out of 24 people

Capital Bank are predetors who try their hardest to trick you.  For example:

Pay your entire balance on the first.

They will add a 1 dollar "interest fee" within a few days.

They will claim you owe a minimum of 1 dollar by say the 4th.

You paid the balance so you figure you are OK and ignore your card until the first of next month.

You find out that because you didn't pay that 1 dollar by the 4th you are "delinquent".

They charge you 30 dollars and raise your interest.

I have caught them trying to do this to me several times, I would pay the entire balance then pay the 1 dollar a few days later to avoid their trap, I cancelled the card this month before they took my yearly 50 dollar fee.

Capitol One is better alhtough they will still charge you if you have bad credit.

The best thing to do is get on a family members card as a co owner, I did that with my Dad and Sister now my credit is going steadily up.

kellymed's response was:    

  Mar 11, 2014

kellymed(5, 70)

Review by kellymed

5 Contributions 70 People Helped

Slow...VERY Slow turnaround Helpful to 9 out of 10 people

OK Guys, you know the routine here.  You are here because you have bad credit and are looking for an easy approval secured card.  Open Sky has nailed this.  The website and application process are slow and jenky, but work.  I was approved on 2/14/14, verified my checking account on 2/18/14, saw the funds withdrew from my checking account on 2/19 and that was the last of the communication from Open Sky until 2/25, my card would be sent within the next 14....FOURTEEN business days.  True to their promise the card arrived today, 3/10/14 -- basically a month from application until the card was in my fat little hands.  I paid the annual fee in full, but the website is super slow and again...jenky, but works.  I intend to "sock drawer" this card and use it to report a zero balance as its my 3rd card in my rebuilding journey.  Don't expect great things from this company, but hey, gotta start at the bottom, right?

Rybo44's response was:    

  Mar 10, 2014

Rybo44(1, 9)

Review by Rybo44

1 Contributions 9 People Helped

Good card. Helpful to 37 out of 41 people

It's a secured card which means you control it. Make your payments on time and you'll be alright. I got this back in Feb of 2013 with a CK of about 565. Now my CK is 616 (down from 633 because I got overzealous and applied for more cards and even got turned down. So be careful.) It's a good card though. Nothing flashy and not having any hard pulls at the beginning was a plus. 
Again, you make it happen. It's nothing magical. No credit card is. You know how much you make a year, how much you can afford, etc . . . Live and play within your means and you'll be alright whether it's an Open Sky or Amex.  

pushrods's response was:    

  Feb 09, 2014

pushrods(1, 37)

Review by pushrods

1 Contributions 37 People Helped

Great card :) Helpful to 30 out of 33 people

Great card to REBUILD credit. If you're just looking to spend money, this isn't the card for you. Buy a cup of coffee and pay it right away. People are complaining about the 8-10 day payment posting period---so what. Just pay it before due date, that's it. My cs shot up +18 and it's been months. Card is awesome !

Feb 08, 2014

See all 583 Reviews of Open SkySM Secured Visa® Credit Card

† Credit Karma members have received approvals with these TransUnion New Account credit scores. These approval metrics are only guidelines and approval is not guaranteed. You can learn more about credit card approval through our in-depth article.