Overview

Who is this credit card designed for?

OpenSky Secured Visa Credit Card is a secured credit card issued by Capital Bank, which is based in Horsham, PA.  Secured cards are a type of credit card that is backed by a secured payment, which is used as collateral. These cards are often used by borrowers with poor credit or little credit history to help build their credit.

OpenSky Secured Visa Credit Card is designed for people with a credit score of 300 to 700.

This card has a credit limit of $3000.

What are the relevant APRs?

OpenSky Secured Visa Credit Card has a variable purchase APR starting at 19.14%.

It also has a variable cash advance APR starting at 19.14%.

Is an introductory APR offer available?

No, OpenSky Secured Visa Credit Card does not come with an introductory APR offer for balance transfers.

OpenSky Secured Visa Credit Card does not offer an introductory rate on new purchases.

What are the fees?

The following fees apply to OpenSky Secured Visa Credit Card:

• An annual fee of $35. Make sure the rewards and benefits of this card justify the cost of the annual fee.
• A late payment penalty of $27.
• A returned payment fee of $25.
• There is no overlimit fee
• A foreign transaction fee of 3%. Transactions in a foreign currency get hit with a 3% fee. For example, if you buy a $1,000 flight in euros, you will pay a foreign transaction fee of $30.

Is a rewards program offered?

No, OpenSky Secured Visa Credit Card does not offer a rewards program.

Is a signup bonus offered?

OpenSky Secured Visa Credit Card doesn't offer a cash signup bonus.

Is an annual loyalty bonus offered?

OpenSky Secured Visa Credit Card doesn't offer a cash loyalty bonus.

What additional benefits are offered?

 OpenSky Secured Visa Credit Card provides the following benefits:

• Fraud Liability

• Reports to major credit bureaus

Does OpenSky Secured Visa Credit Card report your account activity to credit bureaus?

OpenSky Secured Visa Credit Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular and on-time payments on a credit card that reports your account activity to credit bureaus will demonstrate that you consistently manage debt well and can help increase your credit scores.