Voted as Nerd Wallet’s Best Card for Building Credit of 2018
No Annual Fee, cash back on every purchase, and helps you build your credit with responsible use.
Your Secured Credit Card requires a refundable security deposit up to the amount we can approve of at least $200 which will establish your credit line. You will need to provide your bank information when submitting your security deposit.
We will automatically begin reviewing your account starting at 8 months to see if we can transition you to an unsecured line of credit.
Earn 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter. Plus, earn unlimited 1% cash back on all other purchases – automatically.
INTRO OFFER: Discover will match ALL the cash back you’ve earned at the end of your first year, automatically. There’s no signing up. And no limit to how much is matched.
Receive FREE Social Security number alerts-Discover will monitor thousands of risky websites when you sign up.
Rates, fees & offers
Discover will match ALL the cash back you've earned at the end of your first year, automatically. There's no signing up. And no limit to how much is matched.
10.99% on Balance Transfers for 6 months
APR: 24.99% Variable APR
Cash Advance APR: 26.99%, Variable
Balance Transfer Fee
Foreign Transaction Fee
Recommended credit score
Not sure which card is best for you?
But unlike most other secured cards, the Discover it® Secured offers rewards. You can earn 2% back on up to $1,000 in combined restaurant and gas station spending per quarter, for as much as $80 a year, and 1% back on all other purchases. The annual fee is $0, and there's a sign-up bonus: Discover will match ALL the cash back you've earned at the end of your first year, automatically. There's no signing up. And no limit to how much is matched.
One other thing sets this card apart. Eight months after you open the account, Discover will start reviewing your account regularly to see whether you're eligible to transition to an unsecured card with even better rewards. We call that a pretty good deal.
Want to know more? Check out our full review of the Discover it® Secured.
NerdWallet reviews are the result of independent research by our editorial team while cardholder reviews are contributions from independent users not affiliated with NerdWallet. Banks, issuers and credit card companies are not responsible for any content posted on the NerdWallet site, nor do they endorse or guarantee any posted comments or reviews.