Open SkySM Secured Visa® Credit Card

Sorry, this offer is no longer available on Credit Karma.
  • No Credit Check for Approva
  • 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
Annual Fee:
$50
Purchase Intro APR:
N/A
Purchase Regular APR:
14.25%
Balance Transfer Intro APR:
N/A
Balance Transfer Regular APR:
14.25%

Details, Rates & Fees

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* 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 'Apply Now' button, you can review the credit card terms and conditions on the provider's website.

Cash Advance Rate 14.25%
Cash Advance Fee 5%
Late Fee $20
Penalty APR See Terms
Balance Transfer Fee 5%
Foreign Transaction Fee 3%
Return Payment Fee See Terms

Cardholders' 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 Helpful Positive Review
Wildflower111
A Great Starter Card (no big purchases)
by Wildflower111
Helpful to 249 out of 251

ok so i had this card for about 8 months now, it really brought my credit score to the 800s. i finally decided to close the account because it was a secured card . i paid off my balance which was only $25 (i only used the card for gas) they told me i would have to wait 4-6 weeks for my deposit which was only $200. i received my check today 4 weeks later, it came right on time. Now the only reason i closed this account is because i open up a checking acct with Wells Fargo and i got a WF Credit Card in the mail?!? CL 1,500 i was like whoah they automatically ran my credit so i kept it . i had the card for 4 months (Still Rebuilding) ppl lol.  i felt a little happy with my deposit i got back from Open Sky so i applied for a Walmart CC (The stories ive heard about them) back in Nov 14' i got the 7-10 day messaged so i was a lil discourage so i took a chance. before i can lift my finger off the send button I saw a big congratulations!!! CL 1,200 i thought ill apply knowing Christmas is right around the corner. 

So the Moral of my story is that this card can help you less than a year as long as you do what u need to do. ok im done good luck folks.

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 Helpful Negative Review
elbrant
I wish someone had told me...
by elbrant
Helpful to 298 out of 300

 

I've had this card a little over a year now. I try to remind myself that it is only a tool in my toolbox. And bearing that in mind, they are very good at reporting your balance and payment data every month. But here are a couple of things that you may benefit from knowing:

1. They report your balance/data near the end of the month (the 28th or so). That's when they do mine. Ask them when they do yours. Make your payment so that it processes through before your reporting date, then don't add anything else to the account until after the reporting date. Your balance will be lower, and your utilization percentage will be it's most favorable, at that time than any other time during your billing cycle. Make sense?

2. The only way to get your secured deposit back is to close the card.

3. The only way to get a credit increase is to deposit more money into your account.

4. If you get frustrated and close your account, it's going to affect your CR in a negative way. Primarily because you have reduced your overall creditworthiness (one less open account). I have one, my son has one. I think once I've accumulated a few other accounts for 2+ years, my CR will be strong enough to take the ding from closing the account.

So, that's what I've learned first hand from having this card. And what I wish someone would have passed on to me. It's a good "last resort" to have in your toolbox, just remember it is a tool and the goal is to get better cards down the line.


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‡ Average score refers to the arithmetic mean, typical low score to the 5th percentile and typical high score to the 95th percentile of, in each case, available VantageScore 3.0 credit scores provided by TransUnion of Credit Karma members who were approved for this product from June 2016 through November 2016. Average and typical approved scores are provided as guidelines only and approval is not guaranteed. You can learn more about credit card approval through our in-depth article.

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