The Discover it® Secured Credit Card offers a gateway to building credit responsibly and enjoying cashback rewards. Explore its benefits, application process, and more.
Advantages of the card Discover it® Secured
The Discover it® Secured Credit Card doesn’t require a credit score for application, making it accessible to individuals who are new to credit or looking to rebuild their credit history. It offers cashback rewards of 2% at gas stations and restaurants, along with 1% cash back on all other purchases. Additionally, Discover matches all the cash back earned at the end of the first year, doubling the rewards. With responsible use, cardholders can graduate to an unsecured card and get their deposit back, paving the way for improved financial opportunities.
Disadvantages of the card Discover it® Secured
While the Discover it® Secured Credit Card offers numerous benefits, it comes with a relatively high standard variable purchase APR of 28.24%. Additionally, it requires a security deposit, which serves as the credit line. However, this is a common feature among secured credit cards and serves as a means to build credit responsibly.
Extra features offered by Discover it® Secured
Discover offers a range of additional features to enhance cardholder security and convenience, including online privacy protection, free Social Security number alerts, and the ability to freeze and unfreeze the card with the Freeze it® feature. Moreover, Discover provides 100% U.S.-based customer service, ensuring prompt assistance whenever needed.
Learn how to apply for your credit card Discover it® Secured
Applying for the Discover it® Secured Credit Card is straightforward. Individuals can check if they’re pre-approved without affecting their credit score. If pre-approved, they can proceed with the application process, which typically requires providing personal and financial information. The minimum security deposit is $200, with the credit limit determined by income and ability to pay.
Discover the main ways to apply for the card Discover it® Secured
Interested individuals can apply for the Discover it® Secured Credit Card through the Discover website or the mobile app. Additionally, applications can be submitted through designated agencies.
Prerequisites for request
Individuals applying for the Discover it® Secured Credit Card should be prepared to provide personal information such as name, address, Social Security number, and financial details including income and employment status. A security deposit ranging from $200 to $2,500 is required to open the account.
From the site
Applicants can visit the Discover website, navigate to the credit card section, and follow the prompts to apply for the Discover it® Secured Credit Card.
From the site App
Using the Discover mobile app, applicants can access the credit card section and initiate the application process for the Discover it® Secured Credit Card.
By agency
Applicants can also apply for the Discover it® Secured Credit Card through designated agencies authorized by Discover.
The Discover it® Secured Credit Card stands as a reliable option for individuals aiming to build or rebuild their credit. With its cashback rewards, security features, and potential for credit growth, it offers a pathway to financial stability and opportunity.
