opensky® Launch Secured Visa® Credit Card
The opensky® Launch Secured Visa® Credit Card is a legitimate secured credit card designed to help individuals with bad or no credit history rebuild their credit. The application process is straightforward and does not involve a credit check, but it requires a security deposit to establish your credit limit. As a cardholder, you can also earn cash-back rewards, though they are limited in scope.
opensky® Launch Secured Visa® Credit Card
- Start building credit with just $150 – secure your 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!
- CLICK HERE TO APPLY ONLINE
The application process
The application is conducted online through the opensky® website.1. Fill out the online application: You will provide basic personal information such as your name, address, date of birth, and Social Security number. There is no credit check, making approval very likely for most applicants.
2. Make your security deposit: After approval, you will fund your security deposit, which will become your credit limit. The minimum deposit is $100, but you can deposit up to $1,000. You can pay the deposit with a debit card at the time of application or send it later via check, money order, or Western Union.
3. Receive your card: Once your deposit is received and processed, your card will be mailed to you, typically within 12 to 14 business days.
Key features of the card
1. Accessible approval: The "no credit check" policy makes this card highly accessible, even for those with very poor credit.2. Credit-building tool: opensky® reports your payment activity to all three major credit bureaus (Equifax, Experian, and TransUnion) every month. Consistent, on-time payments are key to improving your credit score.
3. Potential for upgrades: With responsible usage, you may become eligible for an unsecured opensky® Launch Secured Visa® Credit Card after about six months.
Cash-back rewards program
The "up to 10% cash back rewards" program is automatically included with your opensky® Launch Secured Visa® Credit Card, but there are important details to know.1. Not on all purchases: The rewards are only earned on eligible purchases made at specific, participating merchants.
2. Varies by merchant: The reward percentage is not a flat 10% but varies depending on the retailer. You need to check the opensky® Rewards website or mobile app to view the latest offers.
3. Statement credit: The cash back is received as a statement credit, which can take up to 120 days to post to your account.
Found this guide helpful? Bookmark it for future reference as you continue your financial journey!
FICO® Credit Scores
A FICO® Score is a proprietary credit score created by the Fair Isaac Corporation (FICO). About 90% of top U.S. lenders use it to make lending decisions.
FICO® Score Ranges:
- Exceptional: 800–850
- Very Good: 740–799
- Good: 670–739
- Fair: 580–669
- Poor: 300–579
FICO categorizes scores as Poor, Fair, Good, Very Good, and Exceptional.
What is a Credit Score?
A credit score is a three-digit number (300–850) predicting your creditworthiness. Lenders use it to evaluate risk and determine rates and terms for credit.
Why it matters: A higher score can help you qualify for loans and lower interest rates. A lower score can lead to higher borrowing costs or application denials.
FICO® Credit Score Facts
- Three-Digit Number: Summarizes your credit risk.
- Range: 300–850; higher scores = lower risk.
- Data Source: Uses your credit reports from Experian, Equifax, and TransUnion.
- Industry Standard: Lenders rely on FICO for mortgages, auto loans, and credit cards.
Note: Credit scores reflect your creditworthiness but do not guarantee approval for any credit product.
Security Notice: All participating issuers use secure application systems protected by Transport Layer Security (TLS) encryption to help protect your information.
*See the online credit card applications for details about terms and conditions of credit card offers. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the " Apply Now " button you can review the credit card terms and conditions on the credit card issuer's web site.
Advertiser Disclosure: The card offers that appear on this site are from companies from which Gettingacreditcard.com may receive compensation when a customer clicks on a link, when an application is approved, or when an account is opened. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). Gettingacreditcard.com does not include all card companies or all card offers available in the marketplace.