Capital Bank, N.A.
OpenSky® Secured Visa® Review 2026
No credit check required — the widest approval window of any secured card on this list.
Who OpenSky® Secured Visa® is best for
Applicants with significant credit damage or a bankruptcy who cannot pass even a soft credit check.
At a glance
- Deposit minimum
- $200
- APR
- 23.89%
- Annual fee
- $35
- Graduation timeline
- 12+ months
Refundable; sets your credit limit
Variable, per OpenSky's own published rate (openskycc.com, verified Aug 2026); carry no balance
Annual fee applies
No automatic review; requires active issuer contact
Pros
- +No credit check at all — highest approval rate on this list (86%+ per issuer)
- +APR (~25.64%) is the lowest on this list — most secured cards run 28–30%
- +Reports to all three bureaus monthly
- +Average 50-point credit score improvement in 6 months (per OpenSky issuer data)
Cons
- −$35 annual fee — the only card on this list with a meaningful annual fee
- −No automatic graduation review — requires active follow-up
- −No rewards program
OpenSky® Secured Visa® requirements
- US residents 18+
- No credit check — broadest acceptance on this list
OpenSky® Secured Visa® alternatives
Top alternatives worth comparing from Best Secured Credit Cards for Credit Building 2026.
Discover
Discover it® Secured
Not currently open to new applicants. Existing cardholders are unaffected. See OpenSky or the Capital One secured cards below for a card you can open today.
Capital One
Capital One Platinum Secured
Applicants who need to minimize upfront cash tied up in a deposit while building credit.
Capital One
Capital One Quicksilver Secured
Credit builders who want flat-rate unlimited cash back without tracking bonus categories.
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See all picks in Best Secured Credit Cards for Credit Building 2026
Editorial methodology + complete ranking criteria + side-by-side comparison of all picks.
Read the full guide →Bottom line
OpenSky® Secured Visa® scores 4.1 / 5 on the ClearValue Rating — a deterministic editorial composite from the product's own published fees, terms, and eligibility. Best for: Applicants with significant credit damage or a bankruptcy who cannot pass even a soft credit check.
◆ How we scored it
The ClearValue Rating, broken down.
- Cost
- 35%
- Fit & approval odds
- 30%
- Speed & terms
- 20%
- Transparency
- 15%
Cost (35%), Fit & approval odds (30%), Speed & terms (20%), Transparency (15%) — scored consistently across every product, independent of compensation. Full methodology →
Frequently asked
Questions about OpenSky® Secured Visa®
How does OpenSky® approve applicants without a credit check?+
OpenSky approves applicants based on a refundable security deposit ($200 minimum) rather than a credit score review. Because the deposit secures your credit limit, the issuer takes on minimal risk — which is why no credit check is required. This makes it accessible to people who have filed bankruptcy, have a thin credit file, or have been turned down by every other secured card. OpenSky reports monthly to all three credit bureaus, so responsible use still builds credit history. Verify current application terms at openskycc.com.
Does OpenSky automatically upgrade to an unsecured card?+
No. Unlike Capital One and Discover, OpenSky does not have an automatic graduation process. After 12+ months of on-time payments, you must proactively contact OpenSky to request a product change or evaluate your path to an unsecured card. Some cardholders close the OpenSky account and apply for an unsecured card elsewhere once their score has improved. Keep the account open and in good standing until you have a confirmed upgrade path — closing it prematurely forfeits the account age.
Is the $35 annual fee on OpenSky worth it compared to no-fee secured cards?+
The math depends on your situation. The $35/year fee on OpenSky is the only meaningful annual fee among the major secured cards. Capital One Platinum Secured, Capital One Quicksilver Secured, and Discover it Secured all charge $0 annually. However, those cards require at least a soft credit check — if you can't pass one due to recent bankruptcy or a seriously damaged file, OpenSky's $35 fee may be the cost of admission to any credit card at all. Once your score improves to 580+, switching to a no-fee card is the right move.
Is ClearValue Lending affiliated with OpenSky or Capital Bank?+
No. ClearValue Lending is a small business funding platform — not a bank, credit card issuer, or financial advisor. The OpenSky® Secured Visa® is issued by Capital Bank, N.A. All card terms, approval decisions, and annual fee amounts are determined solely by Capital Bank. Verify current terms at openskycc.com before applying.
Related guides
Independent editorial review. ClearValue Lending is a business & personal financing platform — not a lender, broker, or financial advisor. Some links are affiliate links; the issuer may pay a referral commission at no cost to you, which never changes the score. Specific product terms vary; verify with the issuer before applying. See privacy policy.