Find Out Secure Credit Card Review


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Newbies who are just starting their credit journey and those looking to rebuild a low credit score should consider getting a secure credit card.

With a secured card, you usually make an initial security deposit that serves as a credit limit (usually a minimum of $ 200). This gives you the chance to get used to having a line of credit while keeping you from overspending. Security deposits serve as a guarantee in the event of default on your monthly payments. Once you graduate from a Insecure, or traditional credit card, you get your deposit back.

The Discover it® secure credit card makes it easy to switch to an unsecured card after just eight months of card membership, and cardholders enjoy many benefits that are typically found with your everyday credit card. Cardholders can earn cash, receive a generous welcome bonus, use the card abroad without incurring additional fees, and more – all with no annual fees.

Below, To select details everything you need to know about the Discover it Secure Credit Card, from its rewards to its perks and additional fees, so you can decide if this card is right for you.

Find Out Secure Credit Card Review

Discover it® secure credit card

On the secure Discover site

  • Awards

    Earn 2% Cash Back at gas stations and restaurants on up to $ 1,000 in combined purchases each quarter. Plus, get unlimited 1% cash back on all other purchases – automatically.

  • Welcome bonus

    Discover will match all of the cash back rewards you’ve earned at the end of your first year

  • Annual subscription

  • Intro APR

  • Regular APR

  • Balance transfer fees

    3% introductory balance transfer fee, up to 5% fee on future balance transfers (see conditions) *

  • Foreign transaction fees

  • Credit needed


  • Cash back program
  • Generous welcome bonus
  • Discover automatically examines your credit card account from eight months old to see if it can transfer you to an unsecured line of credit and refund your deposit

The inconvenients

  • Cash back program limits income: 2% cash back at gas stations and restaurants up to $ 1,000 in combined purchases each quarter, then 1%
  • Low Line of Credit Prevents Cardholders from Charging Bigger Items or Many Expenses

Find Out Secure Credit Card Rewards

Card holders Discover the Secure Credit Card earn 2% cash back at gas stations and restaurants up to $ 1,000 in combined purchases each quarter (then 1%). They also automatically earn unlimited 1% cash back on all other purchases.

Discover offers a unique welcome bonus to its new users: in their first year alone, new cardholders will automatically receive any cash back rewards they have earned in the first 12 billing cycles corresponding to Discover. So, if you earned $ 200 in cash back at the end of your first year, Discover will give you an additional $ 200. There is no limit on the amount of cash back that Discover will match in the first year, so this could potentially be a big rewards bargain.

Additional benefits

The Discover it Secured Credit Card sets itself apart with its strong cash back program and generous Secured Credit Card Welcome Bonus. Opening a secured credit card is also a great way for those with a low or no credit score to start building credit.

But a big advantage is the ease with which it is possible to switch from a secured credit card to an unsecured account. Eight months after opening the card, Discover will automatically examine your account to see if it can transfer you to an unsecured line of credit and refund your deposit. It’s an incentive to manage your account responsibly by not exceeding your credit limit and paying your bills on time and in full every month.


New Discover it secured credit card holders must pay a security deposit of at least $ 200, which is a typical amount for secured credit cards. Your credit limit is equal to your deposit, the maximum deposit being $ 2,500.

This card has no annual fee.

At the end of the line

For a complete secure card that offers rewards on your spending, a welcome bonus, and a clear path to downgrade to a traditional credit card, the Discover the Secure Credit Card is obvious.

The Visa® Petal® 2 “Cash Back, No Fee” credit card is a good alternative, especially for those without a credit history. If you have a credit history, it will be reviewed and considered as part of the application process. While the card doesn’t have a welcome bonus like Discover’s, it does offer a cash back program that rewards good credit behavior. You’ll immediately get 1% cash back on qualifying purchases and up to 1.5% after making 12 one-time monthly payments. Plus, get 2% to 10% cash back at select merchants. Read Select’s notice on the Petal 2 credit card to know more.

Petal 2 Visa credit card issued by WebBank, FDIC member.

For pricing and fees for the Discover it® Secure Credit Card, click here.

Editorial note: Any opinions, analysis, criticism or recommendations expressed in this article are the sole responsibility of the editorial staff of Select and have not been reviewed, endorsed or otherwise approved by any third party.

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