Last updated on September 1st, 2023
Secured credit cards offer one of the best ways to build a positive credit history. Because secured cards require a security deposit to open, they are easier to receive than unsecured credit cards for people with bad credit. Before applying for a new card, make sure you study your options to ensure you get the best credit card for your unique needs. Here are some of the best secured credit cards for improving bad credit – or no credit history.
Best Credit Card with No Credit Check
One of the biggest challenges consumers face when applying for a credit card is the credit check. While secured credit cards require a cash deposit to open, they aren’t always a guaranteed approval – which can deter many people from applying. Fortunately, there are several excellent secured cards that don’t require a credit check.
OpenSky® Secured Visa®
OpenSky® Secured Visa®
OpenSky® Secured Visa®
- 22.64% (variable) Regular Purchase APR
- 22.64% (variable) Cash Advance APR
At a Glance
The OpenSky® Secured Visa® is a secured credit card that offers requires a low minimum deposit and features no credit checks for approval. The card, issued by Capital Bank, provides an easy route to better credit by offering credit limits as low as $200, a moderate fixed-rate APR, and a reasonable $35 annual fee.
- Best Benefits
- Rates & Fees
- Why Should You Apply?
- No credit check to apply and find out instantly if you are approved
- OpenSky gives everyone an opportunity to improve their credit with an 85% average approval rate for the past 5 years
- Get considered for a credit line increase after 6 months, with no additional deposit required
- You could be eligible for the OpenSky Gold Unsecured Card after as few as 6 months
- Reports to all 3 major credit bureaus monthly, unlike a prepaid or debit card
- View your FICO® Score through your OpenSky account, an easy way to stay on top of your credit
- 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
- Easy application, apply in less than 5 minutes right from your mobile device
- Offer flexible payment due dates which allow you to choose any available due date that fits your payment schedule
- *View the cardholder agreement
- Regular Purchase APR: 22.64% (variable)
- Cash Advance APR: 22.64% (variable)
- Cash Advance Transaction Fee: Either $6 or 5% of the amount of each cash advance, whichever is greater.
- Annual Fee: $35
- Foreign Transaction Fee: 3% of each transaction in U.S. dollars
- Late Payment Penalty Fee: Up to $38
- Return Payment Penalty Fee: Up to $25
- Minimum Deposit Required: $200
- You’re struggling to get accepted for other secured credit cards
- You don’t have a credit history
- You have bad credit and want to improve your credit score
- You have a large deposit and want a quick pick-me-up for their credit score
- You want access to a useful knowledge base of credit information and resources
The OpenSky Visa is one of the best secured credit cards on the market – and it is easy to see why. One reason why is because OpenSky requires no credit check. The card’s application process is straightforward and takes just a few minutes. Decisions are equally quick, making the entire process fast and painless.
The OpenSky credit education hub offers a range of articles on building credit, making it a useful partner in building up credit knowledge. These topics include how to receive a free copy of your credit score, how credit scores are calculated, tips on boosting credit, and other advice related to the OpenSky card.
Other reasons to consider the OpenSky Visa include the relatively low minimum deposit required and regular reporting to the three major credit bureaus (Equifax, Experian, and TransUnion.
Other Secured Cards with No Credit Check
 First Progress Platinum Select Mastercard® |
 First Progress Platinum Elite Mastercard® |
 Chime Credit Builder Visa® Secured Card |
 Self Visa® Secured Credit Card |
| $39 annual fee | $29 annual fee | $0 annual fee | $25 annual fee |
| No Credit History or Minimum Credit Score Required for Approval | No Credit History or Minimum Credit Score Required for Approval | No annual fee or interest | Get the savings plan that helps build credit today |
| No credit check is required! | No credit check is required! | No credit check is performed when applying | Start with a Credit Builder Account that reports monthly payments to all 3 major credit bureaus |
| Full-Feature Platinum Mastercard® Secured Credit Card. | Full-Feature Platinum Mastercard® Secured Credit Card. | No minimum security deposit is required | No credit score is needed to get started |
| Good for Car Rental, Hotels, and Anywhere Credit Cards Are Accepted! | Good for Car Rental, Hotels, and Anywhere Credit Cards Are Accepted! | Ideal for everyday purchases to help build credit with regular on-time payments | Your money is secured and protected in a bank account |
Low APR Secured Cards
One of the great features of secured credit cards is that they typically feature a lower purchase APR than credit cards for fair (or average) credit. According BestCards statistics, the average APR for Sa secured card is currently around 18%, while the average rate for a credit card for average credit is around 26%. The reason for secured credit cards offering lower rates is because the security despot requirement makes the cardholder less of a risk to lenders than the holder of an unsecured credit card.
Despite the decent rates many secured cards offer, maybe you are looking for an easy credit card with a low APR? Don’t worry – there are several excellent credit card options that offer the easy application of a secured card and the low interest rates that make carrying a balance a breeze!
 First Progress Platinum Prestige Mastercard® |
 Applied Bank Secured Visa® Gold Preferred® |
| A discharged bankruptcy still in your credit bureau file will not cause you to be declined | Absolutely No Credit Check or Minimum Credit Score Required |
| Quick and Complete Online Application; No credit inquiry required! | Automatic Reporting to All Three National Credit Bureaus |
| Monthly Reporting to all 3 Major Credit Bureaus | Activate Today with a $200 Minimum Deposit – Maximum $1,000 |
| Earn 1% cash back rewards | * |
Despite the decent rates many secured cards offer, maybe you are looking for an easy credit card with a low APR? Don’t worry – there are several excellent credit card options that offer the easy application of a secured card and the low interest rates that make carrying a balance a breeze!
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Featured photo by Nicole De Khors / Burst
