The Opensky® Secured Visa® Credit Card is designed to help you build or repair your credit with ease. With a 23.89% variable APR and only a R3,650 minimum security deposit, this card gives access to a revolving credit limit based on your deposit. Enjoy a cash back reward of 10% on your purchases and straightforward eligibility requirements.

How to Apply for the Opensky® Secured Visa® Card

1. Complete the application with your personal and financial details.
2. Submit a refundable security deposit, starting from only R3,650.
3. Await quick approval, even if you have limited or poor credit history.
4. Use your card responsibly and enjoy regular reporting to credit bureaus.

Benefits of the Opensky® Secured Visa® Card

The main advantage is its accessibility – no credit check is needed. This card helps individuals who are building or repairing credit by reporting on-time payments to major bureaus.

Cardholders can enjoy a 10% cash back on purchases, making everyday spending more rewarding compared to many other secured cards.

Drawbacks to Consider

The card charges a R637 annual fee, which is higher than some alternatives. The variable APR of 23.89% can also be costly if you carry a balance.

Additionally, international usage may incur extra fees, and the maximum credit limit is determined by your deposit rather than your income or credit.

Final Verdict

If you are looking to establish or boost your credit score and need a straightforward, reliable card with cash back rewards, the Opensky® Secured Visa® stands out. The flexible deposit requirements and no credit check make it accessible for many South Africans starting their credit journey.