How it works
The OpenSky® Secured Visa®Credit Card is a secured credit card that’s not only packed with features, it’s also a powerful credit-building tool. You're in control … you make it happen.
We don’t check your credit when you apply. Instead of being offered a credit line based on your past credit history, you choose your credit line and secure it by making a one-time, refundable deposit .
The refundable depositt you make when opening your account is important, because it means you can open an account without a credit check. So, if you have a poor credit history or even no history at all, you can still get a credit card and use it right away to start improving your score.
The deposit is held in an FDIC-insured account, and the full amount (less any amounts owed) will be returned to you after your account is closed. That’s why people say it’s like the security deposit you make when renting an apartment.
t Refer to the terms of the agreement.
Build Your Know-How
Get the facts on the best way to build your credit, plus stories from real OpenSky® customers on what they’re doing to get where they want to be.
Thank you, OpenSky® card. You have helped me fix my credit score from 564 to 616 within a three-month period so far. Since I have opened the card, I also got a credit increase, because I've been making consecutive, on-time monthly payments."