Discover it Secured Credit Card
No fee
Discover
Discover it Secured Credit Card
4.6
(4,321 reviews)securedcashback
Reviewed by CardCompare Editorial Board
|CFP-reviewed|Updated April 2026The best secured credit card by a wide margin — and the only secured card that earns meaningful cash back rewards. Most secured cards offer nothing; Discover gives you 2% on gas and dining with Cashback Match doubling it all year one. Automatic review for upgrade to unsecured after 7 months means your deposit is returned faster than most.
Annual Fee
No annual fee
Purchase APR
28.24%
Rewards
1% base rate
Sign-Up Bonus
$75 value
Credit Score
Poor (300-579)
Foreign Txn Fee
None
Who Should Get This Card
The Discover it Secured Credit Card is best suited for those building credit who building credit while earning real rewards. With no annual fee, there's zero cost to keep it in your wallet long-term.
This card is great if you…
- Only major secured card with cashback rewards
- Cashback Match first year
- No annual fee
- Building credit while earning real rewards
Consider another card if you…
- Requires security deposit
- High APR
- Discover less accepted internationally
Rewards Breakdown
2% gas & dining, 1% everything else + Cashback Match first year
| Category | Rate |
|---|---|
| Gas Stations(A student card that earns real rewards: 2% cash back at gas stations and restaurants up to 1,000 dollars per quarter combined and 1% everywhere else. Discover matches all cash back earned in your first year — effectively doubling rewards. Free FICO score monitoring, no annual fee, and no foreign transaction fees make it a top first-card pick.) | 2% |
| Dining(A student card that earns real rewards: 2% cash back at gas stations and restaurants up to 1,000 dollars per quarter combined and 1% everywhere else. Discover matches all cash back earned in your first year — effectively doubling rewards. Free FICO score monitoring, no annual fee, and no foreign transaction fees make it a top first-card pick.) | 2% |
| Everything else | 1% |
Rewards Distribution
2%
top rate
Gas Stations2%40%
Dining2%40%
Everything else1%20%
Sign-Up Bonus
Cashback Match — all cash back earned in year 1 doubled
Fees & APR
| Annual Fee | No annual fee |
| Purchase APR | 28.24% |
| Balance Transfer Fee | 3% |
| Foreign Transaction Fee | None |
| Late Fee | Up to $0 |
Pros & Cons
Only major secured card with cashback rewards
Cashback Match first year
No annual fee
No late fee first time
Auto-upgrade reviews at 7 months
Requires security deposit
High APR
Discover less accepted internationally
The Bottom Line
The Good: The Discover it Secured Credit Card stands out for its only major secured card with cashback rewards. The welcome bonus worth $75 adds significant first-year value. No foreign transaction fees make it a strong pick for international spending.
The Not So Good: Requires security deposit.
Our Verdict: With an editor score of 10/10, the Discover it Secured Credit Card is one of our top-rated cards in its category. With no annual fee, there's no risk in trying it.
Frequently Asked Questions
What is the annual fee for the Discover it Secured Credit Card?▾
The Discover it Secured Credit Card has no annual fee — you'll never be charged just for keeping the card open.
What is the sign-up bonus for the Discover it Secured Credit Card?▾
The Discover it Secured Credit Card currently offers a sign-up bonus worth approximately $75. Cashback Match — all cash back earned in year 1 doubled Terms apply — always verify the current offer directly with the issuer.
How do the rewards work on the Discover it Secured Credit Card?▾
The Discover it Secured Credit Card earns 1% on all purchases, and up to 2% in select bonus categories. Rewards are earned as cash back credited to your statement.
What credit score do I need for the Discover it Secured Credit Card?▾
The Discover it Secured Credit Card is recommended for applicants with poor (300-579) credit. Approval is not guaranteed and depends on your full credit profile.
Does the Discover it Secured Credit Card charge a foreign transaction fee?▾
No — the Discover it Secured Credit Card has no foreign transaction fees, making it a solid choice for international purchases and travel abroad.
What is the APR on the Discover it Secured Credit Card?▾
The Discover it Secured Credit Card has a variable purchase APR of 28.24%. If you carry a balance, interest charges can quickly outweigh any rewards earned.
Who is the Discover it Secured Credit Card best for?▾
The Discover it Secured Credit Card is best for Building credit while earning real rewards. A key advantage: only major secured card with cashback rewards.
Customer Reviews
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4,321 reviews
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