opensky® Plus Secured Visa® Credit Card Review
The opensky® Plus Secured Visa® Credit Card is a secured credit card with no annual fee and a refundable security deposit starting at $300. The amount of your security deposit establishes your credit line, with credit lines ranging from $300 to $3,000 at the time of application.
This card is designed for people with no credit, poor credit, or fair credit who want to build or rebuild their credit history. The card reports payment activity to all three major credit bureaus and provides access to a FICO® score through the opensky® mobile app.
The opensky® Plus Secured Visa® Credit Card also offers up to 10% cash back on everyday purchases through its rewards program. The actual rewards structure and eligible purchases should be reviewed before applying.
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What Is the opensky® Plus Secured Visa® Credit Card?
The opensky® Plus Secured Visa® Credit Card is a secured credit card that requires a refundable security deposit. You can start with a $300 deposit and establish a corresponding $300 credit line, or provide a larger deposit for a larger credit line, up to $3,000 at the time of application.
Unlike an unsecured credit card, the credit line on a secured card is backed by the security deposit. The deposit is refundable according to the card's terms, but it does not eliminate your responsibility to make your monthly payments.
How Much Is the Security Deposit?
The minimum security deposit is $300. The available credit line ranges from $300 to $3,000 at the time of application, depending on the amount of your security deposit.
For someone looking for a $500 credit card limit, this means a $500 refundable security deposit can potentially establish a $500 credit line, subject to the card's application and account-opening requirements.
Does the opensky® Plus Secured Visa® Have an Annual Fee?
No. The opensky® Plus Secured Visa® Credit Card has no annual fee.
This distinguishes the Plus card from some other secured credit cards that charge an annual fee. However, you should still review the current rates and fees before applying because other account costs may apply.
Does OpenSky Plus Require a Credit Check?
No credit check is required. The card's current offer states that applicants can apply without a credit check.
This can make the card an option for consumers who are concerned about applying for a secured credit card with a traditional credit inquiry. However, no-credit-check does not mean guaranteed approval, and applicants still have to meet the issuer's requirements.
Can the opensky® Plus Secured Visa® Help Build Credit?
Yes. The opensky® Plus Secured Visa® Credit Card reports payment activity to all three major credit bureaus: Experian, Equifax, and TransUnion.
Regularly making payments as agreed can help establish a positive payment history. As with any credit card, building credit takes time, and responsible use is important.
Does OpenSky Plus Have Cash Back Rewards?
Yes. The opensky® Plus Secured Visa® Credit Card offers up to 10% cash back on everyday purchases through its rewards program.
The phrase “up to 10%” is important because this is not a flat-rate 10% cash-back card on all purchases. The amount of rewards available depends on the applicable rewards terms and eligible purchases.
Does OpenSky Plus Offer a Free FICO Score?
Yes. Cardholders can access their FICO® score through the opensky® mobile app.
Having access to your FICO® score can make it easier to monitor your credit as you use the card and work toward improving your overall credit profile.
Who Is the opensky® Plus Secured Visa® Best Suited For?
The opensky® Plus Secured Visa® Credit Card may be worth considering if you have no credit, poor credit, or fair credit and are looking for a secured card with no annual fee.
It may also be relevant if you specifically want a $500 credit line, since the card's $300-to-$3,000 credit-line range includes that amount.
What Are the Main Features of the OpenSky Plus Secured Visa?
Here are the main features to consider:
- No annual fee
- $300 minimum refundable security deposit
- $300 to $3,000 credit line at the time of application
- No credit check required
- Up to 10% cash back rewards
- Reports to Experian, Equifax, and TransUnion
- Free access to a FICO® score through the mobile app
How Do You Apply for the opensky® Plus Secured Visa®?
You can review the current offer and application requirements through the link below.
➤ Check the OpenSky Plus Secured Visa® Offer
OpenSky Plus Secured Visa Credit Card Review
The opensky® Plus Secured Visa® Credit Card offers a combination that may be useful to people rebuilding credit: no annual fee, a refundable security deposit starting at $300, credit lines up to $3,000 at the time of application, no credit check, and reporting to all three major credit bureaus.
If your goal is to establish a $500 credit line, the card's credit-line range includes $500, provided you meet the application requirements and fund the corresponding security deposit.
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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.
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