About Discover it Secured Credit Card
Discover it Secured Credit Card – Build your FICO® credit score by 30+
points on average within six months with responsible use.
The Discover it Secured Credit Card functions like a
traditional credit card—but requires a refundable security deposit (starting at
$200, up to $2,500), which determines your credit limit.
It reports your on-time payments and activity to the three
major credit bureaus, helping you build or rebuild your credit. If used
responsibly, Discover suggests you could boost your FICO® Score by 30+ points
on average in just six months.
There’s no annual fee, and the card offers cash-back
rewards—rare among secured cards.
Quick Overview
In an era when credit matters more than ever—whether you're
renting, applying for a loan, or even looking for a job—a reliable way to begin
or restore your credit history can make all the difference.
The Discover it® Secured Credit Card offers a dual benefit:
the power to improve your FICO® Score—potentially by 30+ points in six months,
as estimated by Discover—with no annual fee and cash-back rewards included.
Direct Link To Offer
How It Works ?
- Security
deposit = credit limit: You deposit funds (minimum $200; up to
$2,500), which sets your credit line.
- Credit-building
mechanics: Discover reports to all three bureaus, so timely payments
and low balances can help boost your credit score.
- Automatic
review for upgrade: After approximately six months of responsible use including
on-time payments and substantial account standing
Discover reviews your account for
potential upgrade to an unsecured card and returns your deposit.
Rewarding Basics
- Cash-back
rewards:
- 2%
back at gas stations and restaurants on up to $1,000 in combined
quarterly purchases.
- 1%
back on all other purchases.
- Cashback
Match: Discover will match all the cash back you earned at the end of
your first year—there’s no cap.
Additional Perks
- No
annual fee and no required credit score to apply.
- Free
FICO Score monitoring via Discover’s Scorecard and monthly statements.
- $0
Fraud Liability, identity alerts (like dark web monitoring), and
Discover’s customer support.
- Upgrade without closing the account: You don’t have to close your account to get your deposit back—upgrading preserves your account history.
- Credit-building
potential: The cited 30+ point boost in six months is substantial and
competitive for a secured card.
- Rewards:
Few secured cards offer rewards—and even fewer match them at the end
of the year. For everyday spending, the cashback plus first-year match can
add tangible value.
- No
fees and future upgrade: No annual fee and automatic consideration for
unsecured upgrade and deposit refund make it low-risk and forward-looking.
- Monitoring
and protection: Free FICO® Score access and fraud protections elevate
it above many basic secured offers.
Review
For responsible
spenders who plan to pay on time, keep low balances, and aim to improve credit,
this card offers both practical value and long-term benefits—making it a
profitable and savvy choice.