Discover it® Secured Credit Card
By: UsNetDinheiro
Build credit responsibly, earn cash back, pay no annual fee, and work toward an upgrade over time.
Credit-Building Support
Activity is reported to the three major bureaus to help establish credit history.
Earn Cash Back
Get 2% back at gas stations and restaurants (up to a quarterly cap) and 1% back on other purchases.
$0 Annual Fee
No yearly fee while you work on building your credit profile.
Path to Unsecured
Automatic reviews start at seven months to see if you can graduate and get your deposit back.
What Makes the Discover it® Secured Credit Card Stand Out
The Discover it® Secured Credit Card is designed for building or rebuilding credit without giving up everyday value. Unlike many secured cards, it offers ongoing rewards: earn 2% cash back at gas stations and restaurants on up to $1,000 in combined quarterly purchases, plus 1% back on everything else. That combination of rewards and accessibility is rare in the secured space. Discover also reports your payment history to Experian, Equifax, and TransUnion, which can help your score over time when you pay on schedule and keep balances low. There’s no annual fee, making it a budget-friendly option while you work toward stronger credit. After seven months, Discover begins automatic account reviews to determine whether you qualify to transition to an unsecured card and receive your deposit back. In short, it’s a credit-building tool that can grow with you—from starter limits to more advanced products—while still paying you back on everyday spending.
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Is there an annual fee?
No. The card has a $0 annual fee.
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What’s the minimum security deposit?
Typically $200, which sets your initial credit limit.
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Can it help me build credit?
Yes. Discover reports to all three major credit bureaus when you use the card responsibly.
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Do I earn rewards?
Yes—2% cash back at gas stations and restaurants (up to a quarterly limit) and 1% back on other purchases.
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How do I move to an unsecured card?
Discover starts automatic reviews after seven months to see if you qualify to graduate and get your deposit returned.
How to Apply for the Discover it® Secured Credit Card
You can apply online in just a few steps. Visit the Discover site and complete the secure form with your name, address, Social Security number, and income details. Because this is a secured product, you’ll fund a refundable security deposit that becomes your credit limit—typically starting at $200. Approval doesn’t depend on having established credit, so it’s suitable for newcomers or those rebuilding. After you submit your application and deposit, Discover generally makes a decision quickly. If approved, your card is mailed within about 7–10 business days. When your card arrives, activate it online or by phone and start using it like any other credit card—earning cash back as you go. Make on-time payments and maintain a low balance to build positive history and improve your chances of upgrading to an unsecured Discover card later on.