OpenSky® Secured Visa® Credit Card
The OpenSky® Secured Visa® Credit Card requires no credit check to apply, making it a path to credit for people starting from scratch, with a $35 annual fee. Its regular APR is 23.89% variable. Rates and terms come from NerdWallet, our verified data partner with direct issuer relationships.
Is the OpenSky® Secured Visa® Credit Card worth it?
The OpenSky® Secured Visa® Credit Card requires no credit check to apply, making it a path to credit for people starting from scratch. We source these rewards and terms from NerdWallet, our verified data partner with direct issuer relationships. These figures carry our ◆ Partner data label — we did not pull them from the issuer ourselves.
The card has a $35 annual fee. A $200 refundable security deposit opens the account. Its regular APR is 23.89% variable.
The honest caveats: rewards, fees, and APR are partner-supplied and can change, and any regular APR is variable. A card like this only pays off if you pay the balance in full and the rewards or terms fit your situation. Confirm current details on the issuer’s own site. This is not financial advice.
How does a rewards credit card work?
A rewards credit card earns a percentage back on what you spend, which the issuer credits as cash back, points, or miles. You pay no interest if you clear the statement balance each month; carry a balance and the variable APR applies. The card reports your payment history to the credit bureaus.
What does the OpenSky® Secured Visa® Credit Card cost if you carry a balance?
Carrying a $1,000 balance at the 23.89% minimum APR costs roughly $239 a year in interest. That is why a rewards card only pays off if you clear the statement balance every month — interest at this rate quickly outruns any rewards.
Illustrative estimate based on the figures on this page, not an offer. Your results will differ.
What are the pros and cons of the OpenSky® Secured Visa® Credit Card?
The OpenSky® Secured Visa® Credit Card stands out for requires no credit check to apply, making it a path to credit for people starting from scratch, though rates and terms are partner-supplied — not fetched from the issuer ourselves.
- Requires no credit check to apply, making it a path to credit for people starting from scratch
- A $35 annual fee
- Terms supplied by our verified data partner
- Rates and terms are partner-supplied — not fetched from the issuer ourselves
- Regular APR is 23.89% variable
- Rewards or perks pay off only if they fit how you actually spend
Who should get the OpenSky® Secured Visa® Credit Card?
The OpenSky® Secured Visa® Credit Card is best for people shopping for a secured card.
- People shopping for a secured card
- Anyone comparing options from major issuers
- Cardholders who want clear, simple terms
How does the OpenSky® Secured Visa® Credit Card compare?
Among the 6 secured credit cards we track, the OpenSky® Secured Visa® Credit Card ranks #5 with a money8020 score of 74/100.
| Product | Score | Tier | Provider |
|---|---|---|---|
| Capital One Platinum Secured | 94 | Essential | Capital One |
| Capital One Quicksilver Secured Cash Rewards | 94 | Essential | Capital One |
| Secured Chime® Credit Builder Visa® Credit Card | 82 | Strong | The Bancorp Bank, N.A. |
| DCU Visa® Platinum Secured Credit Card | 79 | Strong | Digital Federal Credit Union |
| OpenSky® Secured Visa® Credit Card | 74 | Strong | Capital Bank, N.A. |
See all secured credit cards, ranked →
Common mistakes to avoid with a rewards credit card
- Carrying a balance — interest at the regular APR quickly erases any rewards.
- Chasing a sign-up bonus with spending you cannot pay off in full.
- Missing the intro-APR deadline and getting hit with the full variable rate.
- Overlooking an annual fee that outweighs the rewards for your spending.
Key takeaways
- OpenSky® Secured Visa® Credit Card earns a money8020 score of 74/100, ranking #5 of 6 secured credit cards.
- Requires no credit check to apply, making it a path to credit for people starting from scratch
- Carrying a $1,000 balance at the 23.89% minimum APR costs roughly $239 a year in interest.
- Best for people shopping for a secured card.
- Rate and terms sourced from our verified data partner, NerdWallet.
Frequently asked questions about the OpenSky® Secured Visa® Credit Card
Does the OpenSky® Secured Visa® Credit Card have an annual fee?
Per NerdWallet, our data partner, the card has a $35 annual fee. Its regular APR is 23.89% variable (as of 05/30/2026). Terms can change — confirm current details on the issuer's site. This is not financial advice.
What stands out about the OpenSky® Secured Visa® Credit Card?
Per NerdWallet, it requires no credit check to apply, making it a path to credit for people starting from scratch. Confirm current terms with the issuer before applying.
Will applying for the OpenSky® Secured Visa® Credit Card hurt my credit score?
Applying triggers a hard inquiry, which can dip your score a few points temporarily. Used responsibly — paying on time and keeping balances low — the card builds your credit over time.
Do the rewards on the OpenSky® Secured Visa® Credit Card expire?
On most cards, rewards do not expire while the account is open and in good standing, though terms vary. Redeem regularly and check the issuer's rewards policy.
Sources
We sourced these figures from our verified data partner and independently confirmed the provider’s regulator status, last checked May 30, 2026. Primary sources: