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You can cancel your OpenSky credit card by calling their customer service 24/7 at 1-800-859-6412. Your security deposit will be refunded to you by mail once your account is closed and your balance is paid in full. This process could take up to 6 weeks..
Is OpenSky deposit refundable?
Is the OpenSky deposit refundable? Yes, your security deposit is fully refundable provided you close your account in good standing. This just means that you’ve paid all of your outstanding balance.
Does open sky charge annual fee?
Rates and fees
The $35 annual fee for the OpenSky secured card is higher than most since many secured cards are also no annual fee cards. However, the purchase APR is much lower than most other secured cards at 17.64 percent (variable), which is just above the current average interest rate.
How do I talk to a person at OpenSky?
Phone: To contact the OpenSky customer service over the phone, just call (800) 859-6412. Follow the prompts and you will be connected to a live representative. Online: You can also reach customer service through your OpenSky mobile app for iOS and Android. Click on the “menu” button and then select “Contact Us.”
Does OpenSky increase your credit score?
Nearly half of OpenSky cardholders who make on-time payments improve their FICO score 30+ points in the first 3 months. Your refundable*** deposit, as low as $200, becomes your OpenSky Visa credit limit.
Is OpenSky CC legit?
The OpenSky card is legit because it is issued by Capital Bank, a legitimate business that is an FDIC member and has a “B” rating with the Better Business Bureau. The OpenSky also reports information to the major credit bureaus each month.
How often does OpenSky report to credit bureaus?
When you open a credit card with us, we begin reporting your payments every month to the three nationwide consumer credit bureaus(see “Annual Free Credit Report” in the Understanding a Credit Score section).
What bank owns OpenSky credit card?
The OpenSky® Secured Visa® Credit Card from Capital Bank is a good option to help rebuild your credit. There’s no credit report required to apply, so your credit score doesn’t matter like it will with traditional credit cards. It’s even possible to get approved for this card if you don’t have a credit score at all.
What company owns OpenSky credit card? OpenSky, A Division of Capital Bank N.A.
Would closing a credit card hurt?
A credit card can be canceled without harming your credit score; just remember that paying down credit card balances first (not just the one you’re canceling) is key. Closing a charge card won’t affect your credit history (history is a factor in your overall credit score).
Who owns open sky card?
The OpenSky® Secured Visa® Credit Card from Capital Bank is a good option to help rebuild your credit. There’s no credit report required to apply, so your credit score doesn’t matter like it will with traditional credit cards.
Does OpenSky raise credit limit?
You can get a OpenSky credit limit increase by requesting it through your online account and if approved, adding more funds to your security deposit. OpenSky does give credit limit increases, but you must request them.
Is OpenSky owned by Capital One?
OpenSky Fees
The card is issued by Capital Bank, which is not one of the major credit card issuers.
Is OpenSky a Capital bank?
OpenSky is a business line of Capital Bank, N.A., a Washington, D.C. a based private bank with more than $600 million under management.
What bank is OpenSky credit card? The OpenSky® Secured Visa® Credit Card from Capital Bank is a good option to help rebuild your credit. There’s no credit report required to apply, so your credit score doesn’t matter like it will with traditional credit cards. It’s even possible to get approved for this card if you don’t have a credit score at all.
Does OpenSky have a grace period? The OpenSky grace period is 25 days. It’s the time between the close of a billing cycle and when your bill is due. If you pay your bill in full in these 25 days, you won’t be charged with interest.
Can I have two open sky credit cards? Yes, you can have up to two OpenSky credit card accounts.
How do I get my money back from OpenSky secured card?
Ways to Get the Deposit Back From a Secured Credit Card
Refunds for closed accounts: When you close your account, the security deposit will be refunded to you after having paid your entire balance. Your security deposit is applied to any unpaid balances.
Does open sky have customer service?
Please contact our Customer Service Department by calling 1-800-859-6412. How do I close a deceased cardholder’s account?
Does open sky raise credit limit?
You can get a OpenSky credit limit increase by requesting it through your online account and if approved, adding more funds to your security deposit. OpenSky does give credit limit increases, but you must request them.
Can OpenSky be trusted?
If you’re still wondering, is OpenSky legit? As far as it being a real company, yes. It’s a legitimate business, despite the name confusion.
What is OpenSky credit card limit?
We don’t pull your credit when you apply — so there’s no impact on your credit score. Your credit limit is defined by your refundable deposit, as low as $200 and up to $3000*. You’re the one who decides what’s best for you.
What is Open Sky minimum payment?
The OpenSky minimum payment is $25 or 2% of the statement balance, plus fees, past-due amounts, and interest – whichever is higher. If the statement balance is less than $25, the OpenSky minimum payment will be equal to the balance.
Is OpenSky owned by Capital One?
Business Profile for OpenSky, A Division of Capital Bank N.A.
Can I use my OpenSky credit card at an ATM? You can get a cash advance with your OpenSky card at any ATM that accepts Visa. That is virtually any ATM in the world, as the Visa network benefits from extensive worldwide acceptance. Keep in mind that you’ll need a PIN to get an OpenSky cash advance from an ATM.
How do I contact OpenSky by phone?
Please contact our Customer Service Department by calling 1-800-859-6412.
Does OpenSky report authorized users to credit bureaus? Here’s how authorized users build credit:
A friend or family member adds you to their credit card account as an authorized user. The credit card account gets added to your credit reports, just like if it were your own account. The issuer gives updated account information to the credit bureaus on a monthly basis.
What kind of credit card is open sky?
The OpenSky® Secured Visa®Credit Card is a secured credit card that’s not only packed with features, it’s also a powerful credit-building tool. You’re in control … you make it happen. We don’t check your credit when you apply.
