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	New feature! Earn up to 10% cash back* on everyday purchases No credit check to apply. Zero credit risk to apply! Looking to build or rebuild your credit? 2 out of 3 OpenSky cardholders increase their credit score by an average of 41 points in just 3 months Get free monthly access to your FICO score in our mobile application Build your credit history across 3 major credit reporting agencies: Experian, Equifax, and TransUnion Add to your mobile wallet and make purchases using Apple Pay, Samsung Pay and Google Pay Fund your card with a low $200 refundable security deposit to get a $200 credit line Apply in less than 5 minutes with our mobile first application Choose the due date that fits your schedule with flexible payment dates Fund your security deposit over 60 days with the option to make partial payments Over 1.4 Million Cardholders Have Used OpenSky Secured Credit Card To Improve Their Credit *See Rewards Terms and Conditions for more information Learn More
Purchase APR Rate: 25.14% (variable) – Annual Fee: $35 – Credit Needed: No credit, Poor, Fair – Credit Line: $200-$3000 at time of application – Late Payment Fee: Up to $40

OpenSky® Plus Secured Visa® Credit Card
Learn More	New feature! Earn up to 10% cash back* on everyday purchases No annual fee No credit check to apply. Find out instantly if you are approved- Zero credit risk to apply! Looking to build or rebuild your credit? 2 out of 3 OpenSky cardholders increase their credit score by an average of 41 points in just 3 months Monitor your credit progress with free access to your FICO Credit Score. Build your credit history across 3 major credit reporting agencies: Experian, Equifax, and TransUnion Add to your mobile wallet and make purchases using Apple Pay, Samsung Pay and Google Pay Secure your credit line with a refundable security deposit – as low as $300. Easy application, apply in less than 5 minutes right from your mobile device Offers flexible payment due dates which allow you to choose any available due date that fits your payment schedule Now you can make smaller partial payments towards funding your security deposit over 60 days Over 1.4 Million Cardholders Have Used OpenSky Secured Credit Card To Improve Their Credit *See Rewards Terms and Conditions for more information Learn More
Purchase APR Rate: 29.49% (variable) – Annual Fee: $0 – Credit Needed: No credit, Poor, Fair – Credit Line: $300-$3000 at time of application – Late Payment Fee: Up to $40

OpenSky Launch Secured Visa® Credit Card
Learn More	Excellent option for a low fully refundable security deposit, get started with just $100 Earn up to 10% cash back on everyday purchases Minimum payment as low as $10 Annual fee billed in monthly installments of $2 per month in year 1 and $3 per month thereafter No credit check to apply. Find out instantly if you are approved- Zero credit risk to apply! Looking to build or rebuild your credit? 2 out of 3 OpenSky cardholders increase their credit score by an average of 41 points in just 3 months Monitor your credit progress with free access to your FICO Credit Score. Build your credit history across 3 major credit reporting agencies: Experian, Equifax, and TransUnion Add to your mobile wallet and make purchases using Apple Pay, Samsung Pay and Google Pay Easy application, apply in less than 5 minutes right from your mobile device Offers flexible payment due dates which allow you to choose any available due date that fits your payment schedule Now you can make smaller partial payments towards funding your security deposit over 60 days Over 1.4 million cardholders have used OpenSky Secured Credit Card to improve their credit Learn More
Purchase APR Rate: 29.49% (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 $40 – Foreign Transaction Fee: 3%

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.