Thank you Open Sky
I dont understand why anyone would think of this card in a negative way. Chances are you're interested in this card because you either have poor or no credit. The deposit of $200 is a small price to pay to improve/build your credit. Applying for this card does not put an inquiry on your credit. What I did was save my deposit (and I mentally pretend that i'll never get that $$ back), I bill my Netflix to it every month and set up auto pay to pay the balance in full and then I sit back and just let time do its thing. It takes a few months for the card to start reporting- so be patient. Building/rebuilding credit takes time. And chances are if you're looking into getting this card, you've probably made some poor credit decisions in the past AND that's ok. However, there is no quick fix. This card has improved my credit scores by roughly 40 points in less than 4 months. I do not use this card for anything other than paying Netflix, so therefore I do not worry about how long it takes for my payment to post to the available balance. My goal is to show credit worthiness by making ontime payments. If you have challenges with maxing out credit cards then my advice is to avoid credit cards at all costs and as I said above, save the $ for the depost and pretend it never exsisted... do not rely on this card to get you through the month or to get you between paychecks... remember, utilization is key and you never want to carry significant balance and that is easy to do with a credit limit of only $200. For me, I see no negatives about this card. Open Sky CC does it exactly what it says it will. Think of your credit as a garden....plant the seed (get this credit card), water it (set up monthly autopay) and just sit back and watch your garden grow... it's really that simple!!!
Not the card to get No increases without
This card along with Milestone and Indigo are junk cards. I have had Open Sky for over 2 years with a perfect pay history and asked for a increase, it was granted IF I sent them a additional deposit. I did not even bother. Recently they just made my card go over the limit by just adding the yearly fee before I even realized it. I do not by any means recommend this card. People are thrilled because they got a card. Be smart get a Capital One secured, a Citibank secured . Cards that actually are rated low but give increases with good history Reflux, First Credit, Avant, MIssion, Cortrust, and Credit One are great cards !!! KEEP AWAY I have them all and all over a year
Overall it's a great card, no complaints
After reading reviews of this card I was sceptical at first but after a couple of months of owning it I can say with out a doubt it was one of the best decisions I think I have done to start rebuilding my credit.
This card is for those who have less than perfect credit. High interest rate is to be expected. The annual fee is nothing compared to other credit cards that I have seen. Granted there are those cards without those annual fees but good luck being approved.
I put down the $200 deposit and if you want an increase you have to pay for. Again this card is for those with less then perfect credit. the only reason why I am giving it a four star is because payments do take a while to process and for it to show on your balance, also there really is not a number you can calling you have an issue you have to mail them a letter. But if you can afford the deposit go for it.
This is the card that brough my credit back to life. I was in the upper 400s and now im in the mid 600s after 2 years of having this card and then a second one. This is a great starter card or a card to rebuild. You just have to pay early!!!!!!
stay away
I payed off my balance and my available credit still didn't update and called the number only got a recording and it says I have to wait till the last day of my payment due to get my available credit again and my balance is zero
i can't even find a way to talk to someone about this and also no person to talk to so I can cancel this joke of a card
stay away and don't even bother
If you just got the card and this is one of your first-ever payments, it's going to take a LONG time to post. (Speaking from personal experience here.) I'm entering my third month of having this card and I went through the same thing as you during my first month. The payments took nearly 2 weeks to post and the available balance took just as long to update. However, after a handful of on-time payments, they began to clear faster and faster. Now it only takes a couple days for my payments and available balance to be updated. I know it's frustrating and worrisome at first, because there's very little in the way of customer service, but this card will absolutely help your credit score to go up if you just stick with it. Try to hang in there!
Simple and Cheap
Stay up to date with your payments as always and this card can always be a nice cushion to fall on.
Good card overall!
If you have a legitimate dispute, they don't really have your back and take too long to "investigate" your claim. Be prepared to repeatedly explain your dispute if you/they follow-up...etended hold times to get through to a live agent have been my experience for 1 year now.
No credit increase without deposit
I've had this card over a year. Never missed a single pay8, made double payments. Actively used the card. I asked for a increase they said Congratulations you can get a $300 increase please deposit the funds. You basically just lose your money. It looks good on your credit and you close it then there goes age. Get a Capital One secured , Citi, Discover anything. Same with cards that are unsecured low limits. Milestone, Indigo..they offer NO credit increase
Time Consuming- No Real Customer Service
If you have no problem with waiting on balances taking about 5-7 days to post or not being able to figure out how to change your PIN (or how to close your account due to your PIN not being able to be changed) then this is the card for you! I'd just rather have my security deposit back for a more reputable card.
Kind of dumb
Balance means debt
What does that mean? Debt means you spend to much money. Stop spending so much money then, that doesn't mean it's the credit cards faults.