Secured cards are just like unsecured credit cards but are backed by a cash deposit. This refundable deposit also sets your credit limit. Just use your card for everyday purchases, pay on time each month, and boost your credit score.
Your credit line is equal to your security deposit, starting at $100(1)
Use your card responsibly & make on-time monthly payments to help build credit.
After 6 months, you may be eligible for limit increases or upgrades to our unsecured credit card.***
We report to all 3 major credit bureaus
Secured cards are a type of credit card that are backed by a cash deposit, but otherwise work just like unsecured cards. The refundable deposit used to fund your OpenSky card is equal to your spending limit. Using it for everyday purchases and making on-time monthly payments helps to grow and improve your score over time.
Applying for OpenSky is easy, with no credit check or risk to apply, and an impressive 88% average approval rate*. Just answer a few simple questions, provide some basic information, and click “Submit” to send your form. You’ll receive your approval in real-time.
Your rate of improvement depends on a few factors, including your current status, payment habits, and your management of this and any other lines of credit. OpenSky is designed specifically to help people improve their credit fast, with an online/mobile app and tools like alerts to help monitor your account. Plus you will get considered for credit line increases that turbocharge your growth.
We don’t mean to brag (okay, we do), but the OpenSky Secured Visa Credit Card has been rated the best secured card to build credit by a whole bunch of industry experts, like Nerdwallet, Forbes, NextAdvisor, and The Points Guys.
Third party advertisers, such as Credit Karma, receive compensation from OpenSky.
The problem with most traditional credit cards is that you usually can’t get one if you have poor history—which makes it difficult to build the credit you need to improve your score, make progress, and qualify for a card in the first place. With OpenSky, you can access a secured credit card, no credit check and no risk required.
OpenSky does not pull your credit — there is no credit check. You can get approved for our OpenSky Secured Visa® Credit Card whether you have poor credit or no credit. The card is designed to help build credit history with its monthly reporting to all three major credit bureaus. As a secured card, it does require a security deposit. Click here to learn more about how the OpenSky Secured Visa® Credit Card works.
No. Only you will know this is a secured credit card. Your payment and account history will be reported monthly to all three major consumer credit bureaus without being flagged as a secured card.
Requesting an increase is easy and can be done at any time. Simply visit openskycc.com, open the menu and tap on the “My Account” button. The My Account page will allow you to log in. Once you have logged into your account, choose the “Request Credit Line Increase” option in the “Account Services” section. If approved, you’ll receive an approval letter with instructions on how to send the additional security deposit to fund your credit limit increase.
The fastest way to fund your security deposit and get your card is to use your debit card at the time of application. Simply enter your debit card information into the Security Deposit section of the application.
If you don’t have a debit card, you can fund your security deposit at a later date and choose from these easy options:
If you choose to fund your security deposit at a later date you will receive an email with the instructions and details on the next steps.
You can use your OpenSky credit card everywhere Visa is accepted. Plus, you’re eligible for special Visa discounts through www.visa.com/discounts.
When you apply for an OpenSky Visa® Credit Card, we will ask you for your name, address, date of birth and other information that will allow us to identify you. You may be asked to provide your driver’s license or other identifying documents. We are required to follow this procedure each time an account is opened, even if you are a current customer of Capital Bank, NA.
OpenSky is the most accessible solution for people looking to establish or rebuild their credit. With no credit check or bank account required to apply, an impressive 88% average approval rate*, and a low refundable deposit, we’re making it easy for everyone to access the opportunities they need to impact their best future.
OpenSky Secured Visa Credit Cards require a refundable security deposit that’s equal to your credit limit (for example, $200 down means you have a $200 limit). This enables you to open an account without a credit check, so you can still get a card and use it right away to improve your record—regardless of your history.
Yes! OpenSky is one of the few issuers that doesn’t require a linked checking account to apply. Simply choose to pay your security deposit at a later date on your application. Then, after you've been approved, you will receive an email back with instructions on how and where to fund your account.
Applications are usually processed immediately. If your application is approved you will know immediately and also receive an email. After application approval and processing of your security deposit, your credit card is made and then mailed to you. This can take up to 12-14 business days.
In some instances, we may need clarification on information provided in your application prior to approval. If we do, we will send you an email or a text notification. Your responsiveness to these questions will determine the timing of receipt of your credit card.
Always be on the look-out for emails from OpenSky. Please note: this email address does not receive incoming emails.
Regular email updates are sent to applicants providing the status of their application throughout the entire process. To ensure you are receiving our emails, please add OpenSky to your contact list. You can also check the status of your application anytime! Simply visit www.openskycc.com and click on the Check Application Status link to request online access. We will ask you to verify a few pieces of information and then we will send you an email with a unique one-time passcode that will give you access to the status of your application.
Federal law requires that all financial institutions know and confirm their customer’s identity according to the USA Patriot Act. The USA Patriot Act was created to help the government fight the funding of terrorism and money laundering activities. Federal law requires all financial institutions to obtain, verify, and record information that identifies each individual or entity opening an account.
We will notify you with an email from OpenSky once your application has been approved. Upon receiving and processing your security deposit, your credit card is made and then mailed to you. This can take up to 12-14 business days.
Please allow up 12-14 business days from the date of your approval letter to receive your new credit card. If you have not received your card within this time, please contact us by calling 1-800-859-6412 (24/7). We welcome relay calls, please dial 711 (Nationwide) to engage Telecommunication Relay Service. We will review your account to determine if there has been any unauthorized charges and a new card will be issued.
Capital Bank, N.A., is a publicly traded bank headquartered in Rockville, MD. that has offered a range of financial services to businesses and consumers since 1999, in addition to owning and operating a nationwide mortgage business and card company, OpenSky. Member FDIC. An Equal Housing Lender.
An OpenSky secured card is designed specifically to help you quickly grow and improve credit by providing monthly reporting to the three major bureaus, built-in line increases, accessible tools that promote good spending habits, and turbocharged growth. All of these things work together to improve your FICO score month after month, and help you reap the rewards of financial wellness.
Credit cards help you build your credit by reporting your purchasing and payment activities to the three major credit bureaus. Automatic monthly reporting, good spending habits, and on-time monthly payments all help to establish a history of financial responsibility that actively grows and improves your credit history over time.
Visit www.openskycc.com and click the blue MyAccount button located at the top. You will be directed to the online account management login page.
On a mobile device: Select the Menu option at the top and click Activate Card. Simply follow the instructions.
On a desktop: Look for the bright green Activate Card button on the top right. Simply follow the instructions.
Yes. This is a great way to build credit while keeping your monthly expenses the same. Simply select this credit card as your payment method of choice when setting up automatic bill pay for your other bills.
We report credit card account information to the credit bureaus once a month at the time your billing statement is generated.
You can close your account at any time by contacting our Customer Service Department at the phone number listed on your billing statement or on the back of your credit card.
Your security deposit will be returned to you once your account is closed and the balance is paid in full. We may use your security deposit to expedite the pay down of your outstanding balance. In certain circumstances it can take eight (8) weeks however, it generally takes less than four (4) weeks to receive your security deposit refund in the mail.
Please refer to your Card Agreement for additional details related to your security deposit.
Your security deposit will be returned to you once your account is closed and the balance is paid in full. We may use your security deposit to expedite the pay down of your outstanding balance. In certain circumstances it can take eight (8) weeks however, it generally takes less than four (4) weeks to receive your security deposit refund in the mail.
Please refer to your Card Agreement for additional details related to your security deposit.
You can make monthly credit card payments using the following methods:
Via the OpenSky Mobile App or online account management- you can sign up for Auto-Pay and schedule recurring, monthly payments, or set up one-time payments.
Send in a check with the remittance slip that is included in your monthly billing statement.
You can update your contact information online. Visit www.openskycc.com and click the blue MyAccount button. Log into your account, select the Account Services tab, and click on Update Contact Information.
Yes, OpenSky currently supports Apple Pay, Google Pay, and Samsung Pay.
Go to your preferred digital wallet app, tap the “add,” button. Tap “Debit or Credit Card” to add a new card then select continue. Take a photo of your card, or enter the details manually. Review and accept the terms and conditions, and follow the remaining verification steps.
For security purposes, we will send you a one-time passcode via email or text depending on which option you choose. This step allows OpenSky to confirm your identity and protect your personal information.
Engage the mobile wallet of choice on your mobile device. Hold the device near the payment terminal. A confirmation message on the payment terminal will let you know your purchase was successful. For specific information on using your mobile wallet, refer to the wallet's website.
Your card information is never stored on the physical device or shared with the merchant when you shop. When you make a purchase, a digital account number along with a dynamic, transaction specific code is used to process your payment.
To remove a card from a mobile wallet, simply select the card in the wallet app and select the option to remove the card. For specific information related to your mobile wallet, refer to the wallet's website.
OpenSky Rewards is a program that links offers from merchants directly to your enrolled card, allowing you to automatically earn cash back. Simply view your offers, use your enrolled card at participating merchants, and earn cash back.
Your OpenSky credit card(s) are all automatically enrolled in the OpenSky Rewards program.
You are automatically enrolled in OpenSky Rewards, though some offers require activation.
Your OpenSky credit card is automatically enrolled in the program, and it's free to start saving with OpenSky Rewards.
You will receive cash back as a statement credit within 120 days after the qualified transaction has been processed.
