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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..
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.
How long does open sky take to approve?
Applications are usually processed within 24-48 hours. If your application is approved you will receive an email letting you know. After application approval, receipt, and processing of your security deposit your credit card is made and then mailed to you. This can take up to 12-14 business days.
Can I withdraw money from OpenSky credit card?
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.
Why is my OpenSky card declined?
There can be many reasons why your OpenSky Credit Card application was denied: You’re not at least 18 years old. The issuer couldn’t verify your identity. You applied for a Capital Bank credit card 4 or more times in the past 60 days.
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).
How do I add money to my OpenSky account?
The fastest way to fund your security deposit is to use your debit card. — allowing us to immediately apply your deposit to your application.
How can I lift my credit score?
How to Improve Your Credit Score
- Pay every bill on time. Paying credit cards and loans on time is the biggest factor in improving your scores, and it shows creditors that you’re a reliable borrower.
- Keep your balances to a minimum.
- Limit your applications for new credit.
- Build long-term credit history.
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.
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.
How do I pay my OpenSky bill?
Here’s how to make an OpenSky payment:
- Online: Log in to your online account and select the “Payment Services” tab.
- By phone: Simply call (800) 859-6412 and make a payment through the automated system.
How do I cancel my OpenSky card?
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.
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 pay my Open Sky bill?
By phone: Simply call (800) 859-6412 and make a payment through the automated system. Payments made through the automated phone system are free, but if you choose to make a payment through a customer service agent, there will be a $10 fee.
Does my OpenSky card have a PIN? Peter Fox, WalletHub Analyst
You can get an Opensky PIN number if you call 800-859-6412. It’s important to know that a PIN is not required for everyday purchases. You will only need it to get a cash advance at ATMs, and that’s to be avoided if you take into account the high fees and interest rates.
What is OpenSky gold card? The OpenSky Gold Card is an unsecured credit card that complements the highly rated OpenSky® Secured Visa® Credit Card, tagged by Forbes ADVISOR as a “good option to help rebuild your credit.” This new addition offers an uninterrupted experience for OpenSky customers who can now more easily continue in their journey
Does OpenSky give deposit back?
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.
Can I cancel my Open Sky credit card?
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 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.
How long does OpenSky take to approve?
Applications are usually processed within 24-48 hours. If your application is approved you will receive an email letting you know. After application approval, receipt, and processing of your security deposit your credit card is made and then mailed to you. This can take up to 12-14 business days.
How do I pay my OpenSky card?
Online: Log in to your online account and select the “Payment Services” tab. From the drop-down menu, you’ll have the option to link a bank account and set up recurring or one-time payments. By phone: Simply call (800) 859-6412 and make a payment through the automated system.
Can I use OpenSky at ATM?
You can use the OpenSky® Secured Visa® at any ATM to make a withdrawal. But you will be charged a cash advance fee, on top of the transaction fee of the ATM machine.
How long does open sky take to report?
Open Sky reports to the credit bureaus on the last business day of the month (then sometimes it takes a week or so after that for the bureau to reflect the change). It takes 3-4 days for your $200 (or whatever) deposit to go through, and for the card to be shipped, after approval.
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.
