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This article contains information about OpenSky® Secured Visa® Credit Card that may be out of date.

News: OpenSky Card Now Offers 0% Intro APR - Credit-Land.com

Many issuers offer assistance to its cardmembers during the coronavirus pandemic. Banks offer special programs to help people handle credit card payments as well as additional promotional offers allowing people to earn more rewards, save on interest, or offering additional options to use earned rewards.

The OpenSky® Secured Visa® Credit Card made a move as well and came up with a new initiative. The issuer started a promotional -month 0% introductory APR offer for all newly approved consumers.

It's a rare benefit for a secured credit card to offer 0% intro APR on purchases, even though it lasts only months. Still, it's a good opportunity to start building or improving credit during the pandemic. The security deposit for this card can be as low as $200 or as high as $3,000. Applicants can choose to put down any amount within that range.

Another benefit of this credit card is that consumers can choose when to pay the security deposit. It can be paid either during the application process by providing a debit card information, or by funding it at a later date through Western Union®, money order or check mailed to the issuer. When choosing the second way of funding the security deposit, the issuer will send detailed instructions in an email.

OpenSky Secured Visa card in a nutshell:

  • 0% intro APR on Purchases for the first months
  • Refundable security deposit between $200 and $3,000 - you choose it!
  • Reports to three major credit bureaus
  • No credit check
tags : Low Interest No Credit Secured Cards Covid

Disclaimer: This editorial content is not provided or commissioned by the banks or credit card issuer(s). Opinions expressed here are the author's alone, not those of the banks or credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the banks or credit card issuer(s). Reasonable efforts are made to present accurate info, however all info is presented without warranty. Consult with the issuing bank of the card or account for terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are accurate as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.