Discover
Discover it® Secured Credit Card
Key Features
| Annual Fee | $0.00 |
| Intro APR | Balance Transfer APR: 10.99% for 6 months, then Purchase APR applies. |
| Regular APR | Purchase APR: 26.49% standard variable purchase APR. Cash Advance APR: 28.49% variable. |
| Other Fees | Minimum interest charge: $.50. Cash advance fee: Either $10 or 5% of the amount of each cash advance, whichever is greater. Balance transfer fee: 3% Intro fee of the amount transferred; 5% fee for future transfers. |
| Network | Discover |
About this card
The Discover it® Secured Credit Card is a reasonable option for individuals with poor credit or those looking to build credit. It offers notable strengths such as no annual fee, cashback rewards, and a generous first-year cashback match. The rewards structure is above average for a secured card, particularly with 2% cashback on gas and restaurant purchases and an unlimited 1% on all other purchases. However, the high regular APR (26.49%) is a significant drawback, offsetting some of the benefits, and the refundable security deposit is a standard requirement for secured cards. The card's reputation and Discover's customer service are generally positive. Considering the target audience and the balance between rewards and costs, the card earns an overall rating of 2.9. Its strengths lie in its rewards program and lack of annual fee, while its main weakness is the high APR. It is a good choice for building credit, but users should aim to pay balances in full to avoid high-interest charges.
Pros & Cons
What's great
- No annual fee
- Intro APR period
- Cashback on purchases
- Generous sign-up bonus
- No credit score required to apply
Things to consider
- High regular APR
- Balance transfer fee
- Refundable security deposit required
What this card offers
Sign-up bonuses
- Get an unlimited dollar-for-dollar match of all the cash back you earn at the end of your first year, automatically. There is no limit to how much we’ll match.
Rewards
- Earn 2% Cashback Bonus at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter, automatically.
- Earn unlimited 1% cash back on all other purchases.
Other features
- No credit score required to apply
- Refundable security deposit required
- Your credit line will equal your deposit amount, starting at $200.
- After 7 months, we begin automatic monthly account reviews to see if you qualify to upgrade to an 'unsecured' card and get your deposit back.
- 99% nationwide acceptance
- $0 Fraud Liability Guarantee
- Free Social Security number alerts
- Freeze your account
- FICO Score and more
- Real human customer service 24/7
- Tap to pay
Additional Notes
Rates as of December 31, 2025.