Discover it® Secured Credit Card
The Discover it® Secured Credit Card helps build or rebuild credit with no annual fee, cash back on purchases, and a clear path to an unsecured card—ideal for starting your financial journey.
By: Zienic
No Annual Fee
Enjoy all the benefits of a credit card without having to pay a yearly fee — perfect for budget-conscious users.
Cashback on Purchases
Earn 2% cash back at gas stations and restaurants (up to $1,000 in combined purchases quarterly), and 1% on all other purchases — rare for secured cards!
Free Credit-Building Tools
Track your FICO® Score for free and watch your credit improve with responsible use and on-time payments.
Automatic Review for Upgrade
After 7 months, Discover starts automatic reviews to see if you qualify to graduate to an unsecured card and get your deposit back.
Discover it® Secured: A Great Start for Credit Builders
The Discover it® Secured Credit Card is a standout in the world of secured cards. Unlike many competitors, it offers rewards and perks without charging an annual fee. This makes it an ideal pick for students, new credit users, or anyone looking to repair their credit history. One of the best features? You’ll earn cash back while you build credit. That includes 2% back at restaurants and gas stations (up to $1,000 per quarter), plus 1% on everything else. Even better, Discover matches all the cash back you’ve earned at the end of your first year. That’s real value for anyone starting out. The card also includes free access to your FICO® Score and useful tools to monitor your credit journey. And if you use the card responsibly, Discover will begin reviewing your account at the seven-month mark to determine if you’re eligible for an upgrade to an unsecured card — meaning you get your deposit back.
-
Is the Discover it® Secured Credit Card good for beginners?
Yes! It’s one of the best secured cards for beginners thanks to its rewards, no annual fee, and upgrade path.
-
How much do I need to deposit to get the card?
The minimum deposit is $200, but you can deposit more (up to $2,500) for a higher credit line.
-
Will using this card help my credit score?
Absolutely — Discover reports to all three major credit bureaus. Responsible use can improve your credit over time.
-
Can I earn rewards with this card?
Yes! You’ll earn 2% back at gas stations and restaurants (up to $1,000/quarter) and 1% on all other purchases.
-
When can I upgrade to an unsecured card?
Discover starts reviewing your account for upgrade eligibility after just 7 months of responsible use.
How to Apply for the Discover it® Secured Card
Applying for the Discover it® Secured Credit Card is simple and fully online. To get started, head to Discover’s official website and complete the short application. You’ll need to provide basic personal details like your name, address, income, and Social Security number. A refundable security deposit is required to open the account. The minimum deposit is $200, which also becomes your credit line. You can choose to deposit more (up to $2,500) if you want a higher limit. The good news? This deposit is fully refundable once you qualify to transition to an unsecured card or close the account in good standing. After submitting your application, you’ll typically receive a decision within a few minutes. Once approved and your deposit is processed, your card will be mailed to you. From there, just activate the card and start using it responsibly to begin building your credit history. Discover also offers support throughout the process, including live chat and phone help if you have questions. With no annual fee, the potential to earn cash back, and the opportunity to grow into an unsecured product, the Discover it® Secured is a smart move for anyone looking to improve their financial future.