Discover it® Secured Credit Card
The Discover it® Secured Credit Card helps build credit with cash back rewards, no annual fee, and a path to upgrade.
By: Zienic
2% cash back at gas stations and restaurants
Earn 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter.
Unlimited 1% cash back
Get unlimited 1% cash back on all other purchases with no restrictions.
Automatic account reviews
Discover reviews your account starting at seven months to see if you qualify for an upgrade to an unsecured card.
No annual fee and free FICO® Score
Enjoy building credit with no annual fee, plus free access to your FICO® Score to track progress.
Why Choose the Discover it® Secured Credit Card?
The Discover it® Secured Credit Card is designed to help individuals build or rebuild credit without sacrificing valuable rewards. Unlike many secured cards that offer little beyond credit-building, this card provides real cash back benefits. You’ll earn 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter, plus unlimited 1% cash back on everything else. Another highlight is Discover’s commitment to helping you graduate. With responsible use, your account will be automatically reviewed starting at seven months to see if you qualify to transition to an unsecured card. This gives you a clear path to long-term credit growth. Additionally, the card comes with no annual fee, making it a cost-effective option, and provides free FICO® Score access so you can track your progress. Your refundable security deposit (starting at $200) sets your credit limit, giving you control over your spending. Overall, the Discover it® Secured Credit Card is a strong tool for anyone serious about building credit responsibly while enjoying meaningful perks.
-
Does the Discover it® Secured Credit Card require an annual fee?
No, there is no annual fee for this card.
-
How much is the minimum security deposit?
The minimum refundable security deposit starts at $200.
-
Will this card help me build credit?
Yes, Discover reports to all three major credit bureaus, making it effective for credit-building.
-
Can I upgrade to an unsecured card later?
Yes, Discover automatically reviews your account starting at seven months to determine eligibility for graduation.
-
Do I still earn rewards with this card?
Yes, you earn 2% cash back at gas stations and restaurants (up to a quarterly limit) and 1% on all other purchases.
How to Request the Discover it® Secured Credit Card
Applying for the Discover it® Secured Credit Card is simple and can be completed online through the Discover website. Begin by selecting the secured card option and clicking “Apply Now.” You’ll provide personal information including your name, address, Social Security Number, and income details. A refundable security deposit is required, starting at $200, which will also determine your credit line. Discover will perform a credit check, but this card is designed for individuals with limited or damaged credit histories. Once approved, you’ll fund your security deposit electronically. After processing, your card will arrive in the mail within 7–10 business days. One of the advantages of this application process is flexibility. Unlike some issuers, Discover doesn’t charge an annual fee, so you can focus on building credit without worrying about extra costs. You can also manage your account digitally from the Discover app, making it easy to track spending, redeem rewards, and monitor your credit. Over time, consistent on-time payments may help you graduate to an unsecured card, further strengthening your financial standing.