OpenSky Secured Visa OpenSky Secured Visa
A plan byOpenSky Secured Visa · Visa
A secured credit card aimed at building or rebuilding credit, with an 89% approval rate, no credit check, no bank account required and a refundable deposit. The APR ranges from 24.64% to 25.64%, however, with an annual fee and late fees of up to $41.
OpenSky Secured Visa
- Price
- Free
- Annual price
- €35
- Issuance fee
- €32
- FX markup
- 3%
- Cashback
- 10%
- Cashback currency
- USD
- Required staking
- Nessuno
- ATM fee
- 5%
- ATM limit
- Not disclosed
- Net annual cost
- €35
What's included
- No credit check
- Refundable $200+ deposit
- APR ~24.6-25.6% variable
- Reports to 3 bureaus
- Visa
Cashback OpenSky Plus (1-10%) senza cap dollaro dichiarato: varia per merchant, nessun limite annuo/mensile pubblicato → null.
The clause
That 10% on the banner isn't what you pocket.
After FX markup, fees and withdrawals, on an average profile of €1,000/mo (20% abroad).
Data & conditions
§ Amounts in USD/GBP are shown in the service's native currency.
| Network | Visa |
|---|---|
| Card type | Credit card |
| APR | 23.89% |
| Issuance fee | €32 |
| Annual fee | €35/year |
| Free ATM limit | Not disclosed |
| ATM withdrawal | 5% |
| FX markup | 3% |
| Cashback | 10% in USD · Nessuno |
| On-chain settlement | No |
| Contactless | Yes |
| Virtual card | Yes |
| KYC | Full |
| Privacy | 5/10 |
| Supported countries | US · 1+ countries |
| Estimated net annual cost | €35/year |
| Regulator | FDIC / OCC |
| OAM Italy registration | No |
| Segment | B2C |
| MiCA / License status | National bank charter |
Strengths
- 89% approval rate; no credit check; no bank account required; refundable deposit.
- No notable sovereignty advantage documented.
Weaknesses
- APR 24,64%; $35/year.
- Traditional credit card: not self-custody — the account requires full KYC, a credit check, and can be closed or reported to credit bureaus by the issuer.
- Full KYC required: verified identity, zero pseudonymity.
Verdict
Among the best in the group: an 89% approval rate, no credit check or bank account required, a refundable deposit, a low $35/year fee and dual FDIC/OCC backing, ideal for those starting from scratch. The tier-A score is tempered by a 24.64–25.64% APR, a 3% FX markup and late fees up to $41, real costs not to be ignored but still below the category's predatory average.
Here the verdict drops: despite no credit check, it remains a custodial, full-KYC Visa, FDIC/OCC-regulated and US-only, with the deposit held by an intermediary rather than self-custodied. The 3% FX markup and the absence of any on-chain component confirm that, on this lens, it offers little.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
Reputation
What happened to people who used OpenSky Secured Visa, and what users say. External signals: they do not feed the promp.it rating.
Incidents & regulatory actions
No known incidentSearch across public sources: no known hack, withdrawal freeze or regulatory action as of the verification date.
verified on
Public reviews
-
Google Play ↗
2.9/5
2,521 reviews
From the Play page's JSON-LD structured data (US version): ratingValue 2.94, ratingCount 2521. The EU version of the page hides the score entirely, so the visible label could not be cross-checked: the structured data is the authoritative figure.
-
App Store ↗
2.2/5
817 reviews
Exact figures from the iTunes lookup API ("opensky® Mobile" app by Capital Bank N.A.): 2.22 average across 817 ratings. Trustpilot not included: the page blocks automated reading.
Weighted average across 2 public review platforms (3,338 reviews in total), weighted by volume. This is not our rating: it is those platforms’ average.
FAQ
Is OpenSky Secured Visa a safe card?
OpenSky Secured Visa is a custodial card on the Visa network. As a payment card, loaded funds are e-money and are not covered by a bank deposit-guarantee scheme. Fund custody is custodial.
How much does OpenSky Secured Visa cost?
It carries a $35 annual fee (with a refundable deposit of at least $200), a 3% FX markup and a variable APR of about 24.6-25.6%. It is a US secured credit-builder card, not crypto.
Does OpenSky Secured Visa offer cashback?
Yes: cashback goes up to 10%, depending on the tier.
Is OpenSky Secured Visa available in Italy?
No, OpenSky Secured Visa is not currently available in Italy.
Is OpenSky Secured Visa custodial or self-custody?
OpenSky Secured Visa uses a custodial model. Funds are held by the issuer: you do not have direct control of the private keys.
Sources
- Official service page Plans & pricing · Regulatory framework Data verified on Jun 13, 2026
- nerdwallet.com Annual cost · Variante credit builder.collaterale crypto · Variante credit builder.credit limit eur min · Variante credit builder.credit limit eur max · +1 Data verified on Jul 10, 2026
- wallethub.com ATM fees · Cashback Data verified on Jun 15, 2026
- capitalbankmd.com Issuer Data verified on Jun 14, 2026
Show 2 more sources
- financebuzz.com Supported currencies Data verified on Jun 14, 2026
- trustpilot.com Trustpilot reviews Data verified on Jun 14, 2026