The Discover it® Secured Credit Card is the benchmark against which every other secured card is measured. In a category full of cards that charge high annual fees for the privilege of building credit, Discover offers a genuinely rewarding product: 2% cash back at gas stations and restaurants (on up to $1,000 in combined purchases per quarter) and 1% cash back on everything else — all with a $0 annual fee.
Financial decisions made with complete information consistently outperform those made under pressure or with incomplete data. Take time to compare at least 3 options before committing.
More importantly, Discover is one of the only issuers that has a clearly defined, automatic path from secured to unsecured. Starting at 7 months, Discover reviews your account. If you've been paying on time and managing your balance responsibly, they'll upgrade you to an unsecured card and return your security deposit in full. No application required.
Discover it® Secured Credit Card