OpenSky Secured Visa

By Raquel Oliveira • 04/08/2025

OpenSky Secured Visa offers No credit check, cashback rewards, reports to all three credit bureaus.

The OpenSky Secured Visa Credit Card is designed for individuals who want to build or improve their credit history without the hassle of a credit check. Unlike many secured credit cards, this one also offers cashback rewards.

One of the biggest advantages of this card is its easy approval process. Since there is no credit check required, it is accessible to people with bad credit or no credit history at all. Additionally, it reports card activity to all three major credit bureaus.

However, the card does require a refundable security deposit ranging from $200 to $3,000, and there is a $35 annual fee. While these costs may not suit everyone, responsible use can make this card a valuable tool for improving credit.

If you need a simple, effective way to build credit while earning rewards, the OpenSky Secured Visa Credit Card could be a great choice.

Earn Cash Back with OpenSky Secured Visa Credit Card

One of the most unique features of this card is the ability to earn up to 10% cash back on everyday purchases, which is unusual for a secured credit card.

• Earn up to 10% cash back on select purchases, helping offset costs.
• Use cashback rewards for statement credits or future spending.
• Reports to all three major credit bureaus, contributing to credit improvement.
• Simple approval process with no credit check, making it accessible for more applicants.

While there is a $35 annual fee, the ability to earn cashback can help balance out the cost over time.

Pros and Cons 

Before you decide if the OpenSky Secured Visa is right for you, it’s important to consider both the positives and negatives. While it’s a choice for building credit, there are a few things you might want to keep in mind. Here are some pros and cons:

Pros

• No credit check to apply
• Reports to all three credit bureaus
• Flexible credit limit up to $3,000

Cons

• $35 annual fee
• No welcome bonus
• Limited rewards

How do I know if the opensky secured visa is the best credit card for me?

It’s perfect for people with no credit history or those who have had trouble with their credit in the past. Because it doesn’t require a credit check, it’s easier to get approved.

If you’re okay with putting down a refundable security deposit of $200 to $3,000, this card could be a great way to start improving your credit.

The card reports to all three major credit bureaus, which helps you build your credit history. If you want to raise your credit score over time, this card can help. 

While there’s a $35 annual fee and limited rewards, it offers flexibility with credit limit increases and a simple application process, making it a good option for credit-building.

Why do we like this card?

The no credit check feature is especially great for those who have trouble getting approved for other cards. The flexibility with your security deposit is also a bonus—you can start with as little as $200 and increase your limit up to $3,000 if needed.

Another big plus is that the card reports to all three major credit bureaus, which is essential for improving your credit score. 

The ability to keep your credit utilization low with a higher credit limit helps, too. While the $35 annual fee and lack of rewards might be a downside for some, this card is still a solid choice for building credit with fewer hurdles.

Conclusion

The OpenSky Secured Visa Credit Card is a strong option for individuals looking to build or repair their credit without a credit check.

With cashback rewards, flexible security deposit options, and credit bureau reporting, it provides an effective way to establish financial stability.

However, the $35 annual fee and required security deposit may not be ideal for everyone. For those willing to use the card responsibly, it can be a valuable tool for credit improvement.

If you are looking for a secured credit card with an easy approval process and cashback benefits, the OpenSky Secured Visa Credit Card is worth considering.