Many people are completely stressed out about the very idea of applying for a credit card. To a certain degree, it's easy to understand why this would be stressful for a lot of people. After all, it can be stressful when you're trying to figure out how many credit cards you should apply for and which ones are your best bets. This is even more stressful if you're dealing with certain credit issues that could potentially limit your success when it comes to applying for a card. When it's all said and done, there are some cards that just stand above the crowd when compared to others and the OpenSky credit card is definitely one that belongs in that category. Check out the benefits of having this credit card that are listed below.
1. It's secured
This is extremely important for anyone that struggles with any type of credit issue. The card is secured, meaning that you don't just apply for an open line of credit. Instead, you fill out the application form and then you put a certain amount of money on the card, making monthly payments on your balance from that point forward. All in all, it means that a secured credit card is usually easier to get than one that's unsecured. If you haven't had a credit card in the past or you haven't had one in a long time, this is often the best route to take.
2. There's an easy application process
Most credit cards have a rather lengthy and frustrating application process. With Opensky, that isn't the case. In fact, you can apply for the card and be approved in just a matter of minutes. If you want something that's easy and stress-free, this is definitely it.
3. It can be used anywhere
Even though the card operates a lot differently than the way it treats its card holders, you can use it just like you would use any other credit card. This means that you can use it for purchases in practically any location, regardless of whether that purchase involves something to deal with an emergency or a night out for dinner and a movie.
4. You're in control of your finances
Because this is a secured credit card, it puts you in direct control of your own finances. It's a great way to teach people about the value of money, not to mention ensuring that you don't get in over your head when it comes to your credit.
5. You can benefit from inspirational stories
If you've had any kind of doubts about your credit and you want to get a little encouragement along the way, this is the perfect place to do it. Although it's highly unusual that a credit card company is the place to go for encouragement, Opensky makes it a policy to include inspirational stories of other customers as they detail how they've used the credit card to improve their credit rating and their overall understanding of how their credit is affected by different things.
6. You have tools to help you better understand your credit
Opensky makes it a point to include a number of different tools to help you gain a better understanding of the types of things that you need to do in order to maintain a good credit rating. There aren't very many companies that provide these tools, so when you do run across the company that does, it's important that you take advantage of it.
7. You can build your credit quickly
If you're trying to build your credit rating rather quickly, this is one of the most effective ways that you can do exactly that.
8. Rebuild your credit rating
Maybe you've had some struggles with your credit in the past and you're in the rebuilding stages. If that's the case, this is one of the best ways that you can get your credit back on track quickly and painlessly.
9. There is no credit check
It seems almost unreal that anyone would issue a credit card without doing a credit check, but since the Opensky card is secured, they don't do credit checks on their customers when they apply for a card. This means that you can get the card even if your credit has seen more than its fair share of rough patches, thereby giving you the chance to rebuild it.
10. You can set your own credit limit
Remember, this card is secured, meaning that you pay the money up front and then you can use the card just like any other credit card, making regular monthly payments. With Opensky, you can choose to set your credit limit at a minimum of $200 or you can go all the way up to $3,000, depending on your needs.
Written by Garrett Parker
Read more posts by Garrett Parker