Discover It® Secured Credit Card Review
The Discover It® Secured Credit Card offers up to 2% cash back and charges no annual fee. As such, it was one of our top rated secured credit cards.
Our Rating
4.7/5.0
Welcome Offer
Annual Fee
$0
0% on Purchases
Reward Rate
1% - 2%
0% on Balance Transfers
Welcome Offer
Features & Benefits
Security | |
Contactless Payments | |
Benefits | |
Travel Perks |
Rewards
Interest Rates & Fees
Annual Fee | $0 |
Foreign Transaction Fee | $0 |
Regular APR | 28.24% (V) APR |
What Credit Score Is Required to Get the Discover It® Secured Credit Card
The following credit score data are based on publicly available information we have collected from various forums. We have no way to confirm the accuracy of this data. In addition, keep in mind that credit card issuers use a number of factors in their underwriting process, and these factors can change at any time.
App Status | Date | Credit Score | Bureau | Credit Limit |
---|---|---|---|---|
Approved | 12/01/2022 | TransUnion | ||
Approved | 08/22/2023 | Experian | ||
Approved | 08/22/2023 | Equifax | ||
Approved | 08/22/2023 | TransUnion |
- No annual fee
- 1% cash back on everyday purchases
- 2% cash back on gas stations and dining up to $1,000 every quarter
- Helps build credit with all major credit bureaus
- No foreign transaction fees
- Minimum $200 security deposit
- Regular APR is high
What Are the Best Alternatives?

Secured Chime Credit Builder Visa® Credit Card
Rating
4.5
Rewards Range
N/A
Annual Fee
$0

Capital One Platinum Secured Credit Card
Rating
4.5
Rewards Range
N/A
Annual Fee
$0

Capital One Quicksilver Secured Cash Rewards Credit Card
Rating
4.8
Rewards Range
1.5%
Annual Fee
$0
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Rewards
Pros & Cons
- No annual fee
- 1% cash back on everyday purchases
- 2% cash back on gas stations and dining up to $1,000 every quarter
- Helps build credit with all major credit bureaus
- No foreign transaction fees
- Minimum $200 security deposit
- Regular APR is high
Interest Rates & Fees
Annual Fee | $0 |
Foreign Transaction Fee | $0 |
Regular APR | 28.24% (V) APR |
Our Take
The Discover It® Secured Credit Card is a top rated secured credit card. It offers 1% cash back on all purchases, and 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases every quarter. This card requires a minimum security deposit of $200, but does come with a $0 annual fee.
In addition, after 8 months, Discover automatically reviews your account each month to see if you qualify to convert to a standard, unsecured card and get your deposit back.
What Credit Score is Required to Get the
Based on data we’ve collected from public forums, a credit score of 690 or higher is ideal. We have seen an approval with a score as low as 672, but keep in mind that credit card issuers consider more than just your credit score when evaluating a credit card application.
The following credit score data are based on publicly available information we have collected from various forums. We have no way to confirm the accuracy of this data. In addition, keep in mind that credit card issuers use a number of factors in their underwriting process, and these factors can change at any time.
App Status | Date | Credit Score | Bureau | Credit Limit |
---|---|---|---|---|
Approved | 12/01/2022 | TransUnion | ||
Approved | 08/22/2023 | Experian | ||
Approved | 08/22/2023 | Equifax | ||
Approved | 08/22/2023 | TransUnion |
What are the best alternatives?

Secured Chime Credit Builder Visa® Credit Card
Rating
4.5
Rewards Range
N/A
Annual Fee
$0

Capital One Platinum Secured Credit Card
Rating
4.5
Rewards Range
N/A
Annual Fee
$0

Capital One Quicksilver Secured Cash Rewards Credit Card
Rating
4.8
Rewards Range
1.5%
Annual Fee
$0
FAQs
Is the Discover it Secured Card a good credit card?
Yes. It is one of the top rated secured cards available today. It offers cash back rewards, free FICO score access, and no annual fee.
What is the minimum security deposit required for the Discover it Secured card?
The minimum security deposit, which sets the credit limit, is $200. The maximum credit limit is $2,500.
Can the Discover it Secured card help me improve my credit score?
Yes. Discover reports payments and balances to the 3 major credit bureaus. Making payments on time can help boost your score. Discover also gives you free access to your FICO score.