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Discover it® Secured review

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Advertiser Disclosure

Annual Fee
Interest Rate: Purchases
28.24% (Variable)
Interest Rate: Purchases
28.24% (Variable)
Balance Transfer
28.24% (Variable) (10.99% for the first 6 months)
Balance Transfer
28.24% (Variable) (10.99% for the first 6 months)
1 - 2% cashback
1 - 2% cashback
Signup Bonus
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 38 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...


As secured cards go, the Discover it® Secured Credit Card ranks high on our list of the best secured credit cards. While the rewards may not be stellar compared to many unsecured cards, we’re glad to see rewarding options become available for those whose weak or damaged credit history leaves them wi...

- Forbes

The Discover it® Secured Credit Card is worth it for people with bad credit who want to improve their credit score while earning solid rewards. The card has a $0 annual fee and doubles your rewards from the first year as an anniversary bonus, but it requires a security deposit to open the account.

- John S Kiernan, WalletHub

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

The Discover it® Secured Credit Card flips that thinking on its head with the best secured reward program around and a great first-year welcome bonus. It may have a smaller credit limit range, but it offers significant rewards back while letting users boost their credit scores, with responsible use.

- Jaclyn DeJohn, Cnet

This standout secured card is one of the most valuable options available thanks to its competitive cash back, issuer-exclusive welcome offer and the opportunity to upgrade to an unsecured card after just seven months.

- Sarah Estime, Garrett Yarbrough, Bankrate


Interest Rates
Regular APR Interest Rate 28.24% (Variable)

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

Balance Transfer Interest Rate 28.24% (Variable) (10.99% for the first 6 months)

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

Cash Advance Interest Rate 29.99% (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 $41.00
  • 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
Additional Benefits

Online Privacy Protection

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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