23
Benefits2
Reward Categories2x
Max Reward28.2%
APR FromBasic Information
PENDINGRewards Program (Detailed) 2 Categories
PENDING| Category | Rate | Type | Description | Annual Cap | Status |
|---|---|---|---|---|---|
| Gas Stations and Restaurants | 2x | Cash Back | Earn 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter. | $4,000 | |
| All Other Purchases | 1x | Cash Back | Earn unlimited 1% cash back on all other purchases. | No Cap |
Rewards Summary
PENDINGReward Type: Cashback
Base Rate: 0.01x
Bonus Rate: 0.05x
Categories: Rotating quarterly bonus categories (e.g., Gas Stations, Restaurants, Digital Wallets, Amazon.com, Grocery Stores). Specific categories for 2026 will be announced quarterly.
Quarterly Rotating: Yes
Cap Amount: $1,500.00
Expiration Policy: Cashback Bonus never expires as long as your account is active.
Point Value: 0.01¢
Travel Portal Multiplier: 1x
Transfer Partners: None
Redemption Penalties: None
Benefits & Protections (Detailed) 23 Total
PENDINGAccount Management 1
Add Authorized Users
Add authorized users to your account.
Card Acceptance 1
Accepted Nationwide
Your Discover card is accepted nationwide at 99% of places that take credit cards.
Credit Building 2
Build Credit History
Use the Discover it® Secured Credit Card responsibly to help build your credit history. Discover reports to all three major credit bureaus.
Path to Unsecured Card
Discover automatically reviews your account starting at 7 months to see if you can transition to an unsecured card and get your security deposit back.
Customer Service 1
100% U.S.-Based Customer Service
Access to 100% U.S.-based customer service representatives.
Eligibility 1
No Credit Score Needed to Apply
You do not need a credit score to apply for the Discover it® Secured Credit Card.
Fees 2
No Annual Fee
No annual feeYou pay no annual fee for owning and using the Discover it® Secured Credit Card.
No Foreign Transaction Fees
No foreign transaction feesYou pay no foreign transaction fees when making purchases abroad.
Financial Services 2
Cash Advances
Access cash advances when needed (fees may apply).
Balance Transfers
Transfer balances from other credit cards to your Discover card (fees may apply).
Financial Tools 6
Free Online Access to FICO® Score
Get free online access to your FICO® Score, so you can track your credit progress.
Automatic Account Alerts
Receive automatic alerts for important account activity.
Mobile App
Manage your account on the go with the Discover mobile app.
Flexible Payment Options
Pay your bill your way, with various payment options available.
Autopay Setup
Easily set up autopay for your monthly bill.
Paperless Statements
Opt for paperless statements for convenience and environmental benefits.
Identity Protection 1
Free Social Security Number Alerts
Get alerts if your Social Security number is found on thousands of risky websites.
Rewards 3
Cash Back Rewards (Gas Stations & Restaurants)
2% cash back on up to $1,000 in combined purchases each quarterEarn 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter, automatically.
Cash Back Rewards (All Other Purchases)
1% cash backEarn unlimited 1% cash back on all other purchases.
Unlimited Cashback Match™
Unlimited match of cash back earned in the first yearDiscover will automatically match all the cash back you've earned at the end of your first year! There's no minimum spending or maximum rewards.
Security 3
Freeze it® On/Off Switch
Quickly freeze your account to prevent new purchases, cash advances, and balance transfers if you misplace your card.
Zero Fraud Liability
You are never responsible for unauthorized purchases on your Discover card.
Secure Online Account Access
Access and manage your account securely online.
Benefits Summary (Flags)
PENDINGExtended Warranty
Purchase Protection
Cell Phone Protection
Travel Insurance
Primary Rental Protection
Airport Lounge Access
Trip Delay Coverage
Lost Luggage Coverage
Price Protection
Concierge Service
No Foreign Fees
ShopRunner
Global Entry Credit: $0
TSA PreCheck Credit: $0
Sign-Up Bonus
PENDING$0
Cash BackRequirement: Spend $0 in 360 days
Timing: Discover will automatically match all the cash back you've earned at the end of your first year. The matched cash back is typically applied within 1-2 billing cycles after your 12th billing cycle closes. There is no fixed upfront bonus amount; the bonus is a match of the cash back earned during the first year.
Fee Structure
PENDING| Annual Fee: | $0.00 |
| Year 1 Waived: | No |
| Effective Annual Fee: | $0.00 |
| Authorized User Fee: | $0.00 |
| Penalty APR: | 0.00% |
| Min Interest Charge: | $0.50 |
Additional Fees
PENDING| Late Fee: | $40.00 |
| Returned Payment: | $40.00 |
| Balance Transfer: | N/A |
| Cash Advance: | Either $10 or 5% of the amount of each cash advance, whichever is greater. |
| Foreign Transaction: | 0.00% |
Interest Rates & APR
PENDINGStandard APR
Purchase APR: 28.24% - 28.24%
Balance Transfer APR: 28.24%
Cash Advance APR: 29.99%
Intro APR Offers
Intro Purchase APR: 0% for 0 months
Intro BT APR: 0% for 0 months
Promo Duration: 0 months
Approval Criteria & Requirements
PENDINGCredit Score Requirements
Application Process
Issuer Rules & Policies
PENDINGRules: Eligibility: Applicants must be 18 years or older, a U.S. resident, and possess a Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN). This card is primarily designed for individuals with limited or no credit history, or those looking to rebuild credit. A security deposit (minimum $200, maximum $2,500) is required, which determines the credit limit. Income verification may be required. While more forgiving than unsecured cards, a history of recent bankruptcies or charge-offs may still impact approval. Bonus Rule: Discover automatically matches all cash back earned by the cardholder at the end of their first year of card membership. There is no traditional sign-up bonus requiring a specific spend threshold within a short period. Application Rules: Discover generally limits new card applications to one every 12 months for some products, though secured cards might have slightly different internal timing. They also have a soft limit on the total number of Discover cards an individual can hold.
Max Cards Per Issuer: 3
Min Spend Interval: 12 months (for cash back match)
Cliff Effect Rules: The primary 'cliff effect' or significant program feature for the Discover it Secured card is its graduation process. After 7-12 months of responsible use (on-time payments, staying within credit limits), Discover may review the account for graduation to an unsecured credit card, at which point the security deposit is returned. Failure to meet these criteria may delay or prevent graduation.
Special Events: N/A
Holiday Promos: N/A
International Friendly: Yes
User Analytics & Insights
PENDINGUser Ratings
Average Rating: 4.0 / 5.0
Top Positive:
Easy to get approved for, excellent for building credit, good customer service, often graduates to an unsecured card.
Top Negative:
Requires a security deposit, initial credit limit can be low, no sign-up bonus.
Approval Experience: 85.0 / 100
Recommended Alternatives
- Capital One Platinum Secured Credit Card
- Chime Credit Builder Visa Secured Card
- OpenSky Secured Visa Credit Card
Card Value Score: 80.0 / 100
Est. Annual Rewards: $95.00
Approval Probability: 90.0%
Version Control
PENDINGVersion ID: v1.0