OpenSky Secured Cards Now Offer Cash Back Rewards! 10% On Over 40,000 Retailers!

Exciting News for OpenSky® Cardholders!

OpenSky, a trusted name in secured credit cards, has some exciting news for its customers. The OpenSky Secured Cards, including the OpenSky® Plus Secured Visa® Credit Card and the OpenSky® Secured Visa® Credit Card, now come with cash back rewards.

OpenSky® Secured Visa® Credit Card
Learn More	Earn up to 10% cash back on everyday purchases No credit check required – 89% approval rate with zero credit risk to apply! Boost your credit score fast—2 out of 3 OpenSky® cardholders see an average increase of 47 points after 6 months Track your progress with free access to your FICO® score in our mobile app Build your credit history with reporting to all three major credit bureaus: Experian, Equifax, and TransUnion Seamless payments—add your card to Apple Pay, Google Pay, and Samsung Pay Start with just $200—secure your credit line with a refundable deposit Fast and easy application—apply in minutes with our mobile-first experience Flexible payment options—pick a due date that works for you More time to fund—spread your security deposit over 60 days with layaway Join 1.6 million+ cardholders who have used OpenSky® to build better credit! Learn More
Purchase APR Rate: 24.64% (variable) – Annual Fee: $35 – Credit Needed: No credit, Poor, Fair – Credit Line: $200-$3000 at time of application – Late Payment Fee: Up to $41

OpenSky Launch Secured Visa® Credit Card
Learn More	Start building credit with just $100 – secure you line with a low, refundable security deposit No credit check required – 89% approval rate with zero credit risk to apply! Annual fee billed in monthly installments of $2 per month in year 1 and $3 per month thereafter Earn up to 10% cash back on everyday purchases Affordable payments – minimum payment as low as $10 Boost your credit score fast—2 out of 3 OpenSky® cardholders see an average increase of 47 points after 6 months Track your progress with free access to your FICO® score in our mobile app Build your credit history with reporting to all three major credit bureaus: Experian, Equifax, and TransUnion Seamless payments—add your card to Apple Pay, Google Pay, and Samsung Pay Fast and easy application—apply in minutes with our mobile-first experience Flexible payment options—pick a due date that works for you More time to fund—spread your security deposit over 60 days with layaway Join 1.6 million+ cardholders who have used OpenSky® to build better credit! Learn More
Purchase APR Rate: 28.99% (variable) – Annual Fee: $24 during the first year, paid in installments of $2 per month. $36 after the first year, – Credit Needed: No credit, Poor, Fair – Credit Line: $100- $1,000 – Return Payment Fee: See Terms* – Late Payment Fee: Up to $41 – Foreign Transaction Fee: 3%

OpenSky® Plus Secured Visa® Credit Card
Learn More	No annual fee – keep more money in your pocket! No credit check required – 89% approval rate with zero credit risk to apply! Earn up to 10% cash back on everyday purchases Boost your credit score fast—2 out of 3 OpenSky® cardholders see an average increase of 47 points after 6 months Track your progress with free access to your FICO® score in our mobile app Build your credit history with reporting to all three major credit bureaus: Experian, Equifax, and TransUnion Seamless payments—add your card to Apple Pay, Google Pay, and Samsung Pay Start with as little as $300 – Secure your line with a refundable security deposit Fast and easy application—apply in minutes with our mobile-first experience Flexible payment options—pick a due date that works for you More time to fund—spread your security deposit over 60 days with layaway Join 1.6 million+ cardholders who have used OpenSky® to build better credit! Learn More
Purchase APR Rate: 28.99% (variable) – Annual Fee: $0 – Credit Needed: No credit, Poor, Fair – Credit Line: $300-$3000 at time of application – Late Payment Fee: Up to $41

Both the OpenSky® Secured Visa® Credit Card and the OpenSky® Plus Secured Visa® Credit Card now allow cardholders to earn up to 10% cash back on purchases at over 40,000 participating retailers. This exciting addition gives customers the chance to earn money back while building or rebuilding their credit.

OpenSky Keeps It Simple: Focus on Building Credit

Specific details about the 10% cash back program, including participating retailers, are not yet available. However, the mere presence of a rewards program elevates the OpenSky Secured Card above many other secured credit card options.

The most significant advantage of the OpenSky Secured Cards remains its credit-building focus. By reporting your credit activity to all three major credit bureaus (Equifax, Experian, and TransUnion), responsible card use with OpenSky can help you build or rebuild a healthy credit score.

1. Cash Back Rewards

• Up to 10% cash back: With the OpenSky Secured Cards, you can earn up to 10% cash back on your everyday purchases at over 40,000 retailers. Whether you’re shopping for essentials or treating yourself, these rewards add up!

2. No Credit Check Required

• Unique advantage: Unlike most credit cards, the OpenSky Secured Cards don’t require a credit check for approval. This makes them an excellent choice for individuals with poor credit or those who want to build their credit history.

3. No Bank Account Needed

• Accessibility: The OpenSky Secured Cards don’t rely on having a bank account. You can apply and use the card without any banking prerequisites. Payments can be made via money order, making it accessible to a wide range of users.

4. Annual Fee and Deposit

• Annual fee: The OpenSky Secured Cards have a reasonable annual fee of $35.
• Minimum security deposit: To get started, you’ll need to make a minimum refundable security deposit of $200. This deposit acts as your credit limit.

5. Building Your Credit

• Credit reporting: The OpenSky Secured Cards report your payment history, credit limit, and other factors to all three major credit bureaus: Equifax, Experian, and TransUnion. This helps you build or rebuild your credit over time.

Here’s how the security deposit works with OpenSky Secured Cards:

• Refundable Deposit: The security deposit you make is equal to your credit limit. Think of it like a prepaid credit card. If you put down $200 as a deposit, your credit limit will also be $200.
• Building Your Credit Limit: The good news is you’re not stuck with that initial limit. You can increase your credit limit with OpenSky by simply adding more money to your security deposit.

Security Deposit Limits:

• There’s a minimum security deposit of $200 to open an OpenSky Secured Card.
• The maximum security deposit, and therefore your maximum credit limit, is $3,000.

Additional Points:

• When you close your account in good standing, you get your security deposit back.
• Having a higher security deposit can be a good thing, as it allows for a higher credit limit. This can help you keep your credit utilization ratio low, which is a major factor in your credit score.