Public Savings Bank OPEN SKY Card Review

Issued by Public Savings Bank, this card isn’t necessarily a student credit card, but you will find that you may want to consider applying for it, since it designed for people of all ages over 18+. This is really ideal for those who want to either improve their credit, or establish it for the first time.

The unique thing about this card, you will find that Public Savings Bank will accept every applicant, regardless of their credit history, or lack of credit history. As long as you supply them with a deposit on your card, you will be approved. Your deposit will become your card’s credit limit. This is generally how many secured credit cards on the market work.

For secured cards on the market, you will find that many of them don’t have rewards, as is the case with this one. While the card does have an APR, it is fairly low compared to many cards out there.

For fees, there is a onetime application fee, but you will find that there isn’t an annual fee, which is quite uncommon compared to most secured cards. The reason that I would recommend this card is because it has low fees for those looking like a card for this, it comes from a legit bank and the APR / deposit requirements are relatively low.

If you’re interested in establishing your history, or you’re just sick of getting denied for cards, as long as you supply the bank with a deposit, you will be approved.

Looking at the pros:

• This card reports to all 3 major credit bureaus, helping your credit.
• This card’s fee rate is very competitive compared to most other secured cards out there.

Looking at the cons:

• There are no rewards.
• You will have to supply them with a deposit to get approved.