Get Il Opensky Security Deposit Remittance Slip 2016-2025

If you have a poor credit standing and need to build your score with a simple-to-use card, then the OpenSky Visa may be a good fit. It has the right credit-building features to get you on track for a better score and you can possibly get a high starting credit limit if you put down a matching security deposit.

Credit limit and deposit You can fund your deposit with a debit card, Western Union®, money order or by mailing a check.

How long does it take to get the OpenSky® Secured Credit Card? It usually takes 24 to 48 hours to process your application, but it can take 12 to 14 business days before your card is mailed to you.

As a condition of approval, you'll typically need to offer up a security deposit which may also be your credit limit. The credit card issuer may ask you to link a bank account in order to transfer the funds for your deposit.

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.

Credit limit: Normally equal to the security deposit. Deposit can be paid by debit card right away, or you can send in a check or money order within 60 days of the application date. Minimum: $300.

Yes, you can put more money on your secured credit card, either by contacting customer service or by making a request through your online account. However, different issuers have different policies about credit limit increases on secured cards.

It's worth noting that you can also make your OpenSky card payment on your phone by using the Capital Bank mobile app. In addition, you can pay online, or by mail. Paying online will generally be the fastest method.

Secured cards operate just like an unsecured card. At OpenSky, we report your credit activity to all three major credit bureaus, which is what helps you build your credit over time. A secured credit card requires a refundable security deposit that is equal to the credit limit of your credit card.