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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

Average Approved Score Purchase Intro APR Purchase Regular APR Balance Transfer Intro APR Balance Transfer Regular APR
N/A
Typical Low: N/A
Typical High: N/A
   

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 "Apply Now" 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

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
Edit
  • 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.

Note: Sample data consists of Credit Karma members who hold this card.

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!


189 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

MY STRAIGHT FORWARD REVIEW Helpful to 33 out of 34 people

Pros:

1.      Good credit card for someone trying to rebuild credit.

2.      Reports  monthly  to all 3 credit bureaus

3.      Security deposit and credit line as low as $200

4.      NO credit check

Cons:

1.      Hold place on deposits, which then tie up available credit

2.      Online portal not as  user friendly as other companies

3.      Charge for paper statement

I read many reviews from other consumers regarding this Open Sky credit card which helped with my decision to apply.  After having this card for the last seven months it has been a good decision for me.  I am now on the track to rebuilding my credit back up to the high 700’s .  Contributing factors:  my good payment history,  being a responsible credit card holder and having this card.

Life can be hard sometimes.  People might have hard challenges and decisions to make that affect their credit.  But don’t give up!  Be responsible, do for yourself and not depend on hand outs.  Learn from our elders.  It’s a very rewarding experience.  Best of luck!

SmileBeHappy's response was:    

 
Mar 15, 2015

SmileBeHappy(1, 33)

Easy approval and payment process Helpful to 28 out of 31 people

I don't understand the bad reviews here. This card is very straight forward and I really like it.

Applying is easy, paying for the deposit is done online and you get the card within 2 weeks (no biggie for me). Making payments typically requires 10 days for the payment to clear, but not a huge inconvienence for me. 

I have no complaints about this card yet. But I can see someone without a lot of patience getting frustrated with the amount of time the card takes to get to you. My advice: Pay for the rush ship option, it will speed things up a little bit.

Andie6's response was:    

 
Feb 18, 2015

Andie6(1, 28)

I see a lot of bad reviews. Helpful to 26 out of 29 people

I haven't had any issues. The application process was smooth. The card arrived promptly. I have had it a little over a year, and only charged one item of 300 value against my 500 CL. I paid it off within 3 months. In November of 2014 they sent an email, here is a cut and paste of it:

"Dear MYNAME:

During this month of Thanksgiving, I want to thank you for being a valued OpenSky Secured Visa® Credit Card customer.  And to show you my "thanks", we have raised your credit limit by $100 - no extra security deposit is required.

You have been specially selected for a $100 credit limit increase because of your strong payment history. The best part is that you still retain all the same great benefits of your OpenSky Credit Card."

computerchip's response was:    

 
Feb 18, 2015

computerchip(1, 26)

The card does what it's intended to. Helpful to 26 out of 26 people

I had no credit history, and being out of school, I didn't have access to a lot of the student credit cards out there. After applying for this and placing a $300 deposit, I was instantly approved and very quickly "on the board" in terms of developing a decent credit score. After two months I was approved for Capital One's QuicksilverOne card with 300 CL, and after another 2 months I was approved for Discover It with 750 CL. At this point I feel confident in closing the account and waiting a few months to get my deposit back.

Oh, as everyone else said, payments can take a few days to process. Just plan ahead and you'll be fine.

15iSport's response was:    

 
Feb 03, 2015

15iSport(2, 36)

Great Card Helpful to 11 out of 13 people

I've had it about 6 months now. No problems and an easy application with a mail in deposit option.

sss75's response was:    

 
Jan 29, 2015

sss75(2, 21)

See all 189 Reviews of Open SkySM Secured Visa® Credit Card

† These Approval Odds represent Credit Karma's estimation of how likely you are to be approved for a product based on a comparison of your profile with data about Credit Karma members who have been approved for the product in the past (if available). There is no guarantee that you will be approved by the lender or that credit will be extended to you.

‡ 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 September 2014 through March 2015. 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.