Discover it® Secured Credit Card
- Intro Bonus
- Cashback Match™Intro Offer: Unlimited Cashback Match - only from Discover. Discover will automatically match all the cash back you've earned at the end of your first year! There's no minimum spending or maximum rewards. Just a dollar-for-dollar match.
- Reward Rates
- 2%Earn 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter.
- 1%Earn unlimited 1% cash back on all other purchases – automatically.
- Balance Transfers Intro APR
- 10.99% for 6 months
- Purchases Intro APR
- N/A
- Regular APR
- 23.24% Variable
- Annual Fee
- $0
Highlights
- No credit score required to apply.*
- No Annual Fee, earn cash back, and build your credit with responsible use.
- Using your secured credit card helps build a credit history with the three major credit bureaus. Generally, prepaid and debit cards can't do that.
- Establish your credit line with your tax return by providing a refundable security deposit of at least $200. That means a $200 deposit for a $200 credit line. Or a $500 deposit for a $500 credit line. Bank information must be provided when submitting your deposit, and the security deposit equals your credit limit.
- Automatic reviews starting at 7 months to see if we can transition you to an unsecured line of credit and return your deposit.*
- Earn 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter. Plus, earn unlimited 1% cash back on all other purchases - automatically.
- Get an alert if we find your Social Security number on any of thousands of Dark Web sites.* Activate for free.
- Click "Apply Now" to see rewards, FICO® Credit Score terms, Cashback Match™ details & other information.
Features
- Cash Back
- EMV
- Free Credit Score
- Gas
- Mobile Pay Ready
- No Annual Fee
- No Credit History
- No Foreign Transaction Fees
- Poor Credit
- Rewards
- Secured credit card
- Zero Fraud Liability
Staff Review
Editor's Rating: 4.1 out of 5 | Our take: The Discover it Secured Credit Card is one of your best bets if you're looking for a card to help you build credit – it doesn’t charge an annual fee, plus you can make a profit in the first year thanks to the card’s cash back program. |
All reviews are prepared by CreditCards.com staff. Opinions expressed therein are solely those of the reviewer. The information, including card rates and fees, presented in the review is accurate as of the date of the review.