CREDIT CARD
Outro

Discover It Secured Credit Card

4.5 - 5
💵
Annual Fee
0,00
💰
Minimum Income
Not specified
💳
Issuing Bank
Discover Bank
🎖
Score
· Low to medium
SEE HOW TO APPLY

Ready to take the reins on your financial journey? The Discover It Secured Credit Card might just be your ticket to turning dreams into reality. Designed to empower individuals at any stage of their credit journey, this card combines practicality and perks to make every purchase a step toward financial confidence.

The Standout Features That Make This Card a Winner

The Discover It Secured Credit Card shines as a standout option, offering a mix of benefits that elevate the standard for secured cards:

  • Earn While You Spend: Most secured cards stop at credit building, but not this one. You’ll enjoy 2% cashback at gas stations and restaurants, capped at $1,000 in combined purchases each quarter. Beyond that, every other purchase earns an unlimited 1% cashback.
  • Cashback Match for Newcomers: At the end of your first year, Discover will match all the cashback you’ve earned — dollar for dollar. It’s like getting a bonus just for spending smart.
  • No Annual Fee: With this card, what you see is what you get. There are no hidden costs, making it easier to budget while you work on your credit.
  • Automatic Upgrades: After just seven months of responsible use, Discover reviews your account for eligibility to transition to an unsecured card. When approved, your deposit is refunded, giving you greater financial freedom.

The Institution Behind the Card: Discover Bank

Discover Bank is not just a credit card issuer; it’s a financial powerhouse that has earned the trust of millions across the United States through its innovative offerings, like one of the first-ever rewards programs, and its dedication to superior customer service. Known for its commitment to customer service, Discover’s 100% U.S.-based support team is available around the clock to assist cardholders.

A fun fact? Discover was one of the first companies to introduce a rewards program with its credit cards, setting the standard for perks we often take for granted today. That pioneering spirit continues to shine through with the Discover It Secured Credit Card.

Who Will Benefit Most from This Card?

This card is a game-changer for anyone looking to establish or rebuild their credit, thanks to its unique combination of cashback rewards and regular credit bureau reporting. By using it responsibly, cardholders not only improve their credit scores but also enjoy financial perks that make every transaction count. Here are the ideal candidates:

  • First-Time Credit Card Users: If you’re just starting out, this card offers a safe and straightforward way to build your credit history while earning rewards.
  • Those Rebuilding Credit: Life happens, and sometimes credit scores take a hit. This card provides a fresh start with features that reward responsible financial habits.
  • Budget-Conscious Shoppers: With no annual fee and cashback rewards, this card fits perfectly into the plans of those who prioritize value in every purchase.x
  • Students and Young Adults: Paired with free access to your FICO® Credit Score, this card is a great tool for young adults eager to learn and grow their financial skills.

Your Path to a Brighter Financial Future

The Discover It Secured Credit Card isn’t just a stepping stone; it’s a launchpad for your financial ambitions, offering the unique advantage of cashback rewards while helping you build a solid credit foundation. It’s the perfect mix of growth and opportunity. With unmatched perks like cashback rewards and a clear upgrade path, it’s the perfect companion for those ready to take charge of their credit journey.

Don’t wait to transform your finances. Click the button below to learn more about the Discover It Secured Credit Card and take the first step today!

 

Fees and Charges

Interest Rate for Revolving Credit

Variable, 27.24% for purchases

SOURCE

Discover Bank official website

Expert Analysis

The Discover It Secured Credit Card offers cashback rewards, no annual fee, and credit-building opportunities, making it an excellent tool for financial growth.

SEE HOW TO APPLY

You will remain on this site

+Positive Points

- Cashback on purchases
- No annual fee
- Regular credit reviews
- Cashback Match for first year

- Negative Points

- Requires security deposit
- High APR on balances
- Limited initial credit line
- Cashback capped for some categories

Expert Review

Fees
5,00
Benefits
4,00
Final Rating
4,50

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Annual Fee
Annual Fee
0,00
Annual Fee
None
Annual Fee
None
Minimum Income
Minimum Income
Not specified
Minimum Income
Not applicable
Minimum Income
Not specified
Card Network
Card Network
Outro
Card Network
Mastercard
Card Network
Visa
Score
Required Credit Score
Low to medium
Required Credit Score
Low
Required Credit Score
Low to medium
Learn More About the Card Learn More About the Card
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