Discover it® Secured Credit Card

Build credit with responsible use. Earn 2% cash back at gas stations and restaurants (up to $1,000/quarter), 1% on everything else. Refundable security deposit.

Last checked on July 23, 2026. We may earn a commission when you click through.

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✓ No annual fee ✓ Earn 2% cash back at gas stations and restaurants ✓ Cashback Match doubles cash back in the first year
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Discover it® Secured Credit Card

Discover · secured

Our Verdict

The Discover it® Secured Credit Card is a solid choice for those looking to build or rebuild their credit while earning cash back on everyday purchases.

What it really costs

Annual fee No annual fee
APR Range 28.24% – 28.24%

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Who it's for

This card is best for individuals looking to establish or improve their credit score while earning cash back on daily expenses.

Watch out

Be cautious of the high variable APR; carrying a balance can lead to significant interest charges.

The good and the not so good

  • No annual fee
  • Earn 2% cash back at gas stations and restaurants
  • Cashback Match doubles cash back in the first year
  • Transitional card for building credit
  • Refundable security deposit
  • High APR of 28.24% variable
  • Limited cash back categories
  • Requires a security deposit
  • Not ideal for frequent travelers due to lack of international benefits
  • Cash back can be capped quarterly

In-Depth Review

The Discover it® Secured Credit Card stands out in the secured credit card market, particularly for those seeking to build or rebuild their credit history. One of its main advantages is the lack of an annual fee, which makes it an affordable option for cardholders. The card offers a competitive rewards structure, allowing users to earn 2% cash back at restaurants and gas stations on the first $1,000 spent each quarter, along with 1% on all other purchases. Additionally, the Cashback Match feature, which doubles the cash back earned in the first year, can significantly enhance rewards for new cardholders. However, potential users should be aware of the high 28.24% variable APR, which can lead to hefty interest charges if balances are not paid in full each month. The requirement of a security deposit may also deter some from applying, as it essentially ties up funds that could otherwise be used. Moreover, while the cash back rewards are appealing, the categories are somewhat limited, and users may find better rewards options in other cards, especially if they travel frequently. In conclusion, the Discover it® Secured Credit Card is a strong contender for those looking to build credit while earning rewards, but prospective cardholders should consider their spending habits and financial discipline to make the most of this card.

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