At a glance
The Discover it® Secured Credit Card does not skimp on benefits.
There is 2% cash back at gas stations and restaurants, with a maximum of up to $1,000 in combined purchases. You receive unlimited 1% cash back on all other purchases, and with Discover's wide acceptance, you can enjoy 99% nationwide acceptance with your card. There is also unlimited dollar-for-dollar matching for all cashback you earn in your first year of having the account, deposited into your account after 12 months. Even better, your cashback never expires. You can redeem rewards for cash at any time, or you can use them instantly at Amazon.com or with PayPal.
Discover has security benefits, too, with Dark Web tracking of your social security number. If you lose your card, there is a $0 Fraud Liability Guarantee with free overnight card replacement. To help you improve your credit score, there is credit reporting to all three major credit bureaus, so you can raise your credit score that much faster.
To get started, check to see if you pre-approved without affecting your credit. There is a minimum refundable security deposit of $200, but you may be eligible to receive your initial deposit back after an eight-month review.