Rockville, MD (PRWEB) February 17, 2015 -- The OpenSky® Secured Visa® Credit Card debuts its new website today with an updated design and user experience to help consumers understand how credit cards impact their finances. This improved gateway comes at a time when the number of consumers seeking accessible credit is high—nearly 1.5 million households filed for non-business related bankruptcy during 2014, according to U.S. courts bankruptcy filings. At the same time, an estimated 1.6 million students—who typically have little to no credit card history—graduated from four-year colleges according to statistics from the National Association of Colleges and Employers. A person with no (or not-so-good) credit who cannot qualify for a regular credit card can “secure” a card by depositing funds with the card issuer equal to the amount of his or her approved credit limit. This gives individuals an opportunity to build their credit history as a stepping-stone to a more solid financial future.
People starting out or starting over to build/rebuild their credit are looking for a place to begin. The OpenSky website makes it easy to learn the ins and outs of secured credit cards, provides education on establishing and maintaining good credit, and offers a quick, 4-step application process for the highly rated OpenSky card.
“We wanted to create a strong customer experience on the website,” said Nick Bryan, president of OpenSky, a division of Capital Bank, N.A. “Research shows the majority of people apply for the card with mobile devices, so we’ve improved the design to be more responsive to that. And we’ve streamlined the application process. It’s shorter than before, paperless, and more transparent from start to finish including more individual options and a feature that lets people check their application status online.”
The OpenSky Secured Visa Card is a key player in the market space. The number of cardholders doubled in 2014—currently 50,000 cardholders and growing. The card is easy to get, requires no credit check, and cardholders can quickly build their credit history with OpenSky’s monthly reporting to all three major consumer credit bureaus. The OpenSky card was recognized by Credit.Net as one of the best credit cards for 2014 that build credit fast.
“The new OpenSky website is part of our ongoing commitment to improvement,” said Ed Barry, CEO, Capital Bank, N.A. “We want to empower consumers to take charge of their finances. We have a strong obligation to help all of our clients succeed, individuals and businesses alike.”
For more information, visit http://www.openskycc.com
About OpenSky
OpenSky is a business line of Capital Bank, N.A. that focuses on delivering credit building tools and resources to help consumers establish or re-build their credit. OpenSky credit card products are designed to be easy to get, easy to use, and offer variable credit lines, allowing consumers with any financial needs to build a solid credit history. The premiere product, the OpenSky® Secured Visa® Credit Card, has been recognized by Credit.Net as one of the best credit cards for 2014 that build credit fast. With more than 50,000 cardholders and counting, OpenSky is committed to helping consumers meet their financial goals through the power of strong credit and credit knowledge. For more information visit http://www.openskycc.com
About Capital Bank
Capital Bank, N.A., is a leading private bank in the Washington, D.C. metropolitan area that offers a range of services encompassing cash management, commercial lending, consumer credit and residential mortgage/Veterans Administration mortgage loans. Capital Bank’s core commercial banking and lending business includes two rankings by the U.S. Small Business Administration (SBA), ranked number two among community lenders and in the top ten among all lenders in the Washington Metropolitan District for loan volume for Fiscal Year 2014. With double-digit asset growth over the past three years, Capital Bank has more than $600 million in assets and is well positioned to fulfill its culture of collaborative partnerships and solutions for area businesses and consumers nationwide. For more information, visit http://www.capitalbankmd.com. Member FDIC. An Equal Housing Lender.
CAPITAL BANK, PARTNERS IN YOUR VISION
Ksenia Valentine, Capital Bank of Maryland, http://www.capitalbankmd.com, +1 301-468-8848, [email protected]
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