OpenSky Credit Card Coupon Codes & Discounts Apr 2025 - 25% OFF

The OpenSky Credit Card is a secured credit card designed for individuals with limited or no credit history. It is issued by Capital Bank and reports to all three major credit bureaus, helping cardholders establish or rebuild their credit.To open an OpenSky Credit Card account, users are required to make a security deposit between $200 and $3,000, which determines their initial credit limit. The deposit is fully refundable if the account is closed with a zero balance. The card's annual fee is $35.One advantage of the OpenSky Credit Card is that it does not require a credit check during the application process, making it accessible to those with poor or no credit history. It also offers online account management tools and provides monthly statements to cardholders.However, unlike unsecured credit cards, the OpenSky Credit Card requires an upfront deposit as collateral for the line of credit. This can be a disadvantage for individuals who do not have enough funds available to make the required security deposit.Overall, the OpenSky Credit Card can be a useful tool for building or rebuilding credit when used responsibly. It provides an opportunity for individuals without established credit history to demonstrate their ability to manage a line of credit responsibly and improve their overall credit score over time.

The main product of OpenSky Credit Card is a secured credit card.