opensky® Launch Secured Visa® Credit Card
4.2
4.2
MoneyAtlas
Rating
Lowest entry barrier among opensky cards: Requires only a $100 refundable security deposit
Category Ratings
Bad Credit#5
4.0
4.0
MoneyAtlas
Rating
Pros
Lowest entry barrier among opensky cards: Requires only a $100 refundable security deposit
Real-time credit monitoring: Provides free monthly FICO score access through its mobile app
Tri-bureau monthly reporting: Opensky reports payments to Equifax, Experian, and TransUnion monthly
Cons
Annual fee escalator: Charges $24 in the first year, then jumps to $36 annually
Foreign transaction fees: Imposes a 3% foreign transaction fee on purchases abroad
Late payment fees: Charges up to $41 for late payments