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Discover it® Secured review

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Advertiser Disclosure

Interest Rate: Purchases
22.99% (Variable)
Balance Transfer
22.99% (Variable) (10.99% for the first 6 months)
1 - 2% cashback
Signup Bonus

Informr score
The Discover it® Secured currently has an Informr score of 8.9 out of 10. This score is based on our evaluation of 30 sources including reviews from users and the web's most trusted critics.

Am I eligible?

Discover it® Secured is typically available to those with poor credit scores (650 or greater).
To get this card, you must also:
Yes Be a permanent or temporary resident of USA
Yes Provide a minimum security deposit of $200.

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...


The Discover it Secured credit card is best for two types of people: those with damaged credit and those with limited or no credit. These people often find it difficult to get approved for an unsecured credit card because of their credit history. Discover it Secured is for you if you’re interested i...

- Kevin Payne, FinanceBuzz

When you consider the rewards, the lack of an annual fee and the opportunity for an upgrade, this is the best secured credit card we've seen.

- Virginia C. McGuire, Melissa Lambarena, NerdWallet

If you are finding it hard to qualify for unsecured credit cards because your credit needs work, you may want to look at the Discover it® Secured Credit Card. Making a deposit on the Discover it® Secured Credit Card becomes your spending limit. You will then be able to use your card anywhere Discove...

- Brian Latchford, SimpleMoneyLyfe

As secured cards go, the Discover it Secured offers what almost no other cards do: cash back rewards. The rewards aren’t great as far as cash back rewards go, but they’re there, which is great news for those whose weak or damaged credit history leaves them with few other options. The Discover it Sec...

- Chauncey Crail, Dia Adams, Forbes

If you’re looking to build your credit score, the Discover it Secured credit card is a good beginner credit option. Secured credit cards are easier to get approved for than traditional cards because of the cash deposit, and regular payment reporting to the credit bureaus can help you work toward a g...

- Holly Johnson, NextAdvisor


Interest Rates
Regular APR Interest Rate 22.99% (Variable)

This APR will vary with the market based on the Prime Rate.

Balance Transfer Interest Rate 22.99% (Variable) (10.99% for the first 6 months)

This APR will vary with the market based on the Prime Rate.

Cash Advance Interest Rate 24.99% (Variable)

This APR will vary with the market based on the Prime Rate.

Rates & Fees
Annual Fee $0.00
Balance Transfer Fee 5%

3% intro fee

Cash Advance Fee 5%

Minimum of $10

Foreign Transaction Fee $0.00
Over Limit Fee $0.00
Late Payment Fee $40.00
  • Maximum
  • No late fee on your first late payment
Sign up bonus No
All Purchases 1% cash back
Restaurants 2% cash back (on first $4000 spent)

In combined purchases with gas each quarter ($1000 per quarter)

Gas 2% cash back (on first $4000 spent)

In combined purchases with restaurants each quarter ($1000 per quarter)

Groceries No
Hotels No
Travel No
Pharmacy No
Bills No
Additional Details

Automatically get a dollar-for-dollar match of all the cash back you’ve earned at the end of your first year.

Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance No
Car Rental Insurance No
Car Rental Discount No
Extended Warranty No
Purchase Protection No
Zero Liability Yes
No Foreign Transaction Fees Yes
Emergency Assistance No
Concierge Service No
Price Protection No
Fraud Protection Yes
Free Credit Scores Yes
Wireless Payments No
Virtual Cards No
Minimum Security Deposit $200
Minimum Age 18
Minimum Personal Income
Temporary Residents No
Additional comments
Terms & Conditions Official Terms & Conditions
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

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