In this OpenSky® Secured Visa® Credit Card review, we’ll explore how this secured credit card can help you build credit. No need for a credit check or bank account.

This credit card is best for those with poor credit or no bank account who want to build their credit history. With easy approval and no need for a credit check, this secured credit card provides a low-risk way to improve your credit score.

So let’s review the OpenSky® Secured Visa® Credit Card. This is an option for individuals struggling to qualify for secured credit cards due to poor credit or lack of a bank account. 

That is because It does not require a credit check to apply and is relatively easy to obtain. This is why it is a compelling choice for those with limited credit options. 

The card requires a minimum deposit of $200 and charges an annual fee of $35, but it reports payment information to all three major credit bureaus. This can help you build your credit history. 

However, there are no rewards associated with the card, and it has limited upgrade options. Despite this, you can use the OpenSky® Secured Visa® Credit Card to build credit across all three credit bureaus. 

Further, 2/3 of cardholders receive a 48+ point improvement after making 3 on-time payments. You can apply for the card in less than 5 minutes with the mobile-first application. 

Also, the due date is flexible, allowing you to choose the date that fits your schedule. However, if you can qualify for other secured credit cards with no annual fee and better upgrade paths, they may be a better option for you. 

For example, the Discover it® Secured Credit Card has no annual fee and a cash-back rewards program. It also offers an automatic review after seven months to see if you’re eligible for an upgrade.

The OpenSky® Secured Visa® Credit Card is a good option for those looking to build or rebuild their credit. 

It does not require a credit check to apply and is relatively easy to get approved for. That’s why it is a good choice for those with limited or poor credit histories or without a bank account. 

Additionally, the card offers flexible payment dates and monthly access to your FICO score. 

Also, it reports payment information to all three major credit bureaus, helping you establish or improve your credit history.

The OpenSky® Secured Visa® Credit Card may not be the best option for everyone. The card charges an annual fee of $35 and does not offer a rewards program. 

This may be a disadvantage for those looking for a credit card with no annual fee and perks. Additionally, the OpenSky® Secured Visa® Credit Card has limited upgrade options.

Also, the ongoing APR is relatively high compared to other credit cards.

While the card is a good option for those looking to build or rebuild their credit, it may not be suitable for those who want a credit card with better terms and benefits.

Want to start building your credit with the OpenSky® Secured Visa® Credit Card? Our application guide can walk you through the process in just a few minutes. Click the link below to get started.