| Annual fee | $35 |
|---|---|
| Purchase APR | 24.89% variable |
| Security deposit | $200 – $3,000 |
| Credit limit | $200 – $3,000 |
| Minimum score | No credit check performed |
| Foreign transaction fee | 3% |
| Reports to | Experian, Equifax, TransUnion |
| Upgrade path | No automatic unsecured upgrade path |
| Pre-qualification | Not offered |
OpenSky® Secured Visa® Credit Card is aimed at people in the no credit / poor range. As a secured card you'll put down a refundable deposit of at least $200, which becomes your credit line. That deposit is what makes approval realistic when your score is low — the issuer isn't taking a risk.
Worth doing the maths. The $35 annual fee against a starting limit of $200 means roughly 18% of your available credit goes to the fee in year one. A secured card with a refundable deposit is often cheaper over two years — compare before you apply.
Before you apply. Rates, fees and deposit requirements are set by the issuer and change often. Confirm the current terms on the issuer's own application page — the figures here were last reviewed 2026-08-24 and are not a guarantee of the terms you'll be offered.
2% at gas stations & restaurants (up to $1,000/quarter), 1% everywhere else
No rewards programme
No rewards programme