Discover it Secured Credit Card
A secured card for building or rebuilding credit that still earns cash back, with automatic reviews to graduate to an unsecured card and a first-year Cashback Match.
Why it ranks
- No annual fee
- Earns rewards and Cashback Match
- Reports to all three bureaus
What holds it back
- Requires a refundable deposit
- High regular APR
- Discover less accepted abroad
Advertiser disclosure: we may be paid if you apply through our links. Ratings are editorial. Confirm today's terms on the issuer's site — offers change.
A secured card for building or rebuilding credit that still earns cash back, with automatic reviews to graduate to an unsecured card and a first-year Cashback Match.
Discover it Secured Credit Card at a glance
| Issuer | Discover |
| Card network | Discover |
| Annual fee | No annual fee |
| Welcome bonus | Cashback Match doubles all cash back earned at the end of the first year |
| Rewards rate | 2% at gas stations and restaurants (on up to $1,000 in combined purchases each quarter), 1% on all other purchases |
| Intro APR | None |
| Regular APR | 28.24% variable |
| Foreign transaction fee | None |
| Credit needed | New / rebuilding credit |
| Best for | Building or rebuilding credit while earning rewards |
| Airport lounge access | No |
Rewards & benefits
- Earns cash back, unusual for a secured card
- Automatic monthly reviews starting around month 7 to graduate
- Refundable security deposit
Eligibility & who it suits
- Refundable security deposit (typically $200 minimum)
- U.S. Social Security number
- Bank account to fund the deposit
How to apply
Check current rates on Discover’s official site →
This opens the issuer’s official application page in a new tab. We may earn a commission if you are approved — it never changes the terms you receive.
Rates, fees, welcome offers and benefits are provided for general information, can change at any time, and may not reflect current terms. Always confirm the latest details on the issuer’s official site before applying. This is not financial advice.
How it ranks against similar USA cards
| Rank | Card | Annual fee | Rewards | Welcome offer | Foreign fee | Who qualifies | Score |
|---|---|---|---|---|---|---|---|
| 1 | DDiscoverit SecuredNo annual fee · US Discover it Secured Credit CardBuilding or rebuilding credit while earning rewards |
None | 2% at gas stations and restaurants (on up to $1,000 in combined purchases each q… | Cashback Match doubles all cash back earned at the end of th… | None | New / rebuilding credit | |
| 2 | COCapital OnePlatinum SecuredNo annual fee · US Capital One Platinum SecuredPeople building or rebuilding credit |
None | No rewards — focused on credit building | None | None | Limited / Rebuilding |
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