Public Savings Bank Introduces the New $200 Minimum Open Sky Secured Visa Credit Card

HUNTINGDON VALLEY, Pa., Jan. 3, 2011 /PRNewswire/ -- Public Savings Bank's new Open Sky Secured Visa Credit card launches this week at https://www.PublicBankCard.com, with a new lower $200 credit limit.  

The new card continues the Public Savings tradition of providing excellent, transparent card pricing, US-based customer service, and the best tools for building credit. As always, Public Savings Bank reports to all three credit bureaus -- but does NOT run credit checks when customers apply. This way customers have the best opportunity to build credit.

By lowering the minimum credit limit to $200 and billing the annual fee to the card, Public Savings Bank has made the card accessible to the huge population of customers hungry to improve their credit and move on with their lives.  

"According to the Federal Reserve, 50 million Americans have credit scores under 599. At Public Savings, we are committed to helping all Americans struggling with poor credit scores rebuild their credit. We're thrilled to be able to offer a product that helps so many customers improve their lives," said Jack Miller, CEO of Public Savings Bank.  

Public Savings Bank launched its first Secured Credit Card - the Classic Secured Visa Credit Card - in 2009. In less than two years, Public Savings Bank has proven to be a leader at helping customers rebuild credit with its secured credit card – with excellent reviews and recommendations by MSN and Forbes to name a few.

For more details about the new card offer, consumers can go to https://www.PublicBankCard.com.  

About Public Savings Bank

Internet-based Public Savings Bank (PSB) was founded in 1928 and was purchased by the current management group in 2006. Our corporate office is located in Huntingdon Valley, Pennsylvania, just outside of Philadelphia.

We believe in giving businesses and consumers fast, easy, and convenient ways to manage their money and their credit. We operate depository services on a national basis through leading technology. Our job is to bring the bank to you, our customer. We also offer a Secured Credit Card product for customers focused on building their credit responsibly.

For more information about Public Saving Bank, please call 888-8-PUBLIC (888-878-2542) or visit http://www.PublicSavings.com.

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SOURCE Public Savings Bank