Discover it® Secured Credit Card


The Discover it Secured Credit Card is one of the better secured cards on the market. This card reports to all three credit bureaus, so as long as you use it responsibly it can help you improve your credit.

You’ll get an excellent amount of cash back for a secured card, especially because Discover will double what you earn in your first year. There’s no annual fee, and you’ll be able to check your FICO Score 8 any time you’d like to see how you’re improving.

Cardholders get 2% cash back at restaurants and gas stations, on up to $1,000 in spending per quarter (then 1%). This may not seem like much, but it’s a good rate when it comes to secured cards, which are designed for people with poor or limited credit.

Discover now offers a free credit monitoring service to anyone, even if you’re not a cardholder.
Card Quick Facts

Card Quick Facts

  • Double all the cash back you’ve earned in your first year automatically; only for new cardmembers.
  • 2% cash back at restaurants and on gas, up to $1,000 per quarter, then 1%.
  • Free FICO Score 8, based on your TransUnion credit report.
  • 100% U.S.-based customer service.
  • No annual fee. No overlimit fee. No foreign transaction fee. No late fee on first late payment & paying late won’t raise your APR.
  • Discover monitors purchases for fraud, and you’re never responsible for unauthorized purchases on your Discover card.

Manage My Card

Want to pay a bill or check your balance?

Card Details

Rewards

Rewards

  • 2% cash back on up to $1,000 in purchases per quarter (then 1%), at:
    • Restaurants
    • Gas Stations
  • 1% cash back on all other purchases

Introductory Bonus

  • Cashback Match: Double the cash back earned in the first year; awarded at the end of the first year
Card Stats

Card Stats

Annual Fee $0
Additional Cards Annual Fee -
Regular Purchase APR 25.24% Variable
Intro Purchase APR -
Foreign Transaction Fee None
Chip Technology Chip-and-Signature
Minimum Credit Limit $200
Maximum Credit Limit $2,500
Free Credit Score Yes
Penalty APR None
Late Fee $0 the first time; up to $37 after that
Returned Payment Fee Up to $37
Balance Transfers

Balance Transfers

Intro Balance Transfer APR 10.99% Variable for 6 months
Regular Balance Transfer APR 25.24% Variable
Balance Transfer Fee 3%
Cash Advances

Cash Advances

Cash Advance APR 27.24% Variable
Cash Advance Fee 5%, $10 minimum

Card Benefits

Check your card’s Guide to Benefits to learn the specific benefits your card offers and how to access them.

  • Free FICO Credit Score

    View your FICO Score 8 any time you’d like at no cost and without hurting your credit score. Based on your TransUnion credit report.

  • Cash At Checkout

    When shopping at participating locations, you can get cash back immediately by charging an additional amount over your purchase.

  • Refer a Friend for Cash Back

    Get $50 cash back for every friend who successfully applies for a card using your referral link. Up to 10 per year.

  • Personalize Your Card

    Choose from a number of different designs to personalize your card, including several chrome colors, a variety of designs, and a wide selection of NHL team logos.

  • Pay Up Until Midnight

    You have up until midnight of the due date to pay your bill, online or by phone.

  • Card Replacement

    Free overnight shipping in the U.S. if you need your card replaced.

  • Spend Analyzer Financial Tool

    Use the Spend Analyzer tool to view your purchases by category and get insights into your spending habits.

  • $0 Fraud Liability Guarantee

    Cardholders are not held responsible for unauthorized purchases on this card.

  • Fraud Protection

    Your card account will be monitored 24/7 for suspicious activity.

  • Free Social Security Number Alerts

    Get alerts if your SSN is found on any thousands of risky websites.

  • Freeze It

    Freeze your account when you lose your card, and unfreeze it when you find it. Use the Freeze button on the Discover website or mobile app, or call customer service.

Visitor Reviews

Read about experiences others have had with this card and leave your own review here.

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Average rating:  
 1 reviews
by Beverly Ellis
Great, at first.

As a secured card, it's great. When they automatically upgrade you to unsecured is when it gets to be a problem. I had this card for three years (around 2 years unsecured), and one day they decided to just cancel it. I had a $0 balance and never had a payment over 30 days late. I took a major hit because it was one of my 3 oldest accounts. They couldn't give me any reasoning other than "routine credit review".

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