Compare Discover it® Secured credit card to other credit cards

Compare secured credit cards with this helpful chart to see how Discover stands out. Look for rewards, fees and extra benefits 

as you compare secured credit card options to help you build your credit history.

Compare Discover It® Secured credit card with competitors Discover it® Secured Credit Card
Capital One Secured MasterCard
Bank Americard Secured Credit Card
Citi Secured MasterCard

No Annual Fee

No Annual Fee
Discover it® Secured Credit Card Capital One Secured MasterCard Bank Americard Secured Credit Card Citi Secured MasterCard
No Annual Fee
yes
yes
yes
yes

Refundable security deposit 7

Refundable security deposit

Discover it® Secured Credit Card Capital One Secured MasterCard Bank Americard Secured Credit Card Citi Secured MasterCard

Refundable security deposit

yes
yes
yes
yes

Automatic monthly reviews starting at 8 months to see if we can transition you to an account with no security deposit 7.

 

See other issuers’ websites for their review periods.

Automatic monthly reviews starting at 8 months to see if we can transition you to an account with no security deposit .

 

See other issuers’ websites for their review periods.

Discover it® Secured Credit Card Capital One Secured MasterCard Bank Americard Secured Credit Card Citi Secured MasterCard

Automatic monthly reviews starting at 8 months to see if we can transition you to an account with no security deposit .

 

See other issuers’ websites for their review periods.

yes
no
no
no

Reports to all three major credit bureaus

Reports to all three major credit bureaus

Discover it® Secured Credit Card Capital One Secured MasterCard Bank Americard Secured Credit Card Citi Secured MasterCard

Reports to all three major credit bureaus

yes
yes
yes
yes

Earn 2% cash back in popular categories.††

Plus earn 1% cash back on all other purchases.

Earn 2% cash back in popular categories.

Plus earn 1% cash back on all other purchases.

Discover it® Secured Credit Card Capital One Secured MasterCard Bank Americard Secured Credit Card Citi Secured MasterCard

Earn 2% cash back in popular categories.

Plus earn 1% cash back on all other purchases.

yes
no
no
no

Get an unlimited dollar-for-dollar match of all the cash back you've earned at the end of your first year, automatically2

 

See issuers' websites for their new cardmember bonuses

Get an unlimited dollar-for-dollar match of all the cash back you've earned at the end of your first year, automatically

 

See issuers' websites for their new cardmember bonuses

Discover it® Secured Credit Card Capital One Secured MasterCard Bank Americard Secured Credit Card Citi Secured MasterCard

Get an unlimited dollar-for-dollar match of all the cash back you've earned at the end of your first year, automatically

 

See issuers' websites for their new cardmember bonuses

yes
no
no
no

Redeem your rewards for cash in any amount.

Redeem your rewards for cash in any amount.

Discover it® Secured Credit Card Capital One Secured MasterCard Bank Americard Secured Credit Card Citi Secured MasterCard

Redeem your rewards for cash in any amount.

yes
no
no
no

Redeem your rewards for cash at any time.3

Redeem your rewards for cash at any time.

Discover it® Secured Credit Card Capital One Secured MasterCard Bank Americard Secured Credit Card Citi Secured MasterCard

Redeem your rewards for cash at any time.

yes
no
no
no

Your cash back never expires3

Your cash back never expires

Discover it® Secured Credit Card Capital One Secured MasterCard Bank Americard Secured Credit Card Citi Secured MasterCard

Your cash back never expires

yes
no
no
no

Use your rewards instantly at Amazon.com checkout 6

Use your rewards instantly at Amazon.com checkout

Discover it® Secured Credit Card Capital One Secured MasterCard Bank Americard Secured Credit Card Citi Secured MasterCard

Use your rewards instantly at Amazon.com checkout

yes
no
no
no

Use your rewards instantly when you pay with PayPal9

Use your rewards instantly when you pay with PayPal

Discover it® Secured Credit Card Capital One Secured MasterCard Bank Americard Secured Credit Card Citi Secured MasterCard

Use your rewards instantly when you pay with PayPal

yes
no
no
no

Activate FREE alerts that notify you if your Social Security number is found on any of thousands of Dark Web sites. 1

Activate FREE alerts that notify you if your Social Security number is found on any of thousands of Dark Web sites.

Discover it® Secured Credit Card Capital One Secured MasterCard Bank Americard Secured Credit Card Citi Secured MasterCard

Activate FREE alerts that notify you if your Social Security number is found on any of thousands of Dark Web sites.

yes
yes
no
no

Activate FREE alerts to know when any new credit card, mortgage, car loan or other account shows up on your credit report 1 +

Activate FREE alerts to know when any new credit card, mortgage, car loan or other account shows up on your credit report {plus-link}

Discover it® Secured Credit Card Capital One Secured MasterCard Bank Americard Secured Credit Card Citi Secured MasterCard

Activate FREE alerts to know when any new credit card, mortgage, car loan or other account shows up on your credit report {plus-link}

yes
yes
no
no

Activate free alerts to know when anyone pulls your credit, so you can recognize possible fraud 1 +

Activate free alerts to know when anyone pulls your credit, so you can recognize possible fraud {plus-link}
Discover it® Secured Credit Card Capital One Secured MasterCard Bank Americard Secured Credit Card Citi Secured MasterCard
Activate free alerts to know when anyone pulls your credit, so you can recognize possible fraud {plus-link}
yes
yes
no
no

Freeze your account in seconds to prevent new purchases with an on/off switch available on both the mobile app and website 4

Freeze your account in seconds to prevent new purchases with an on/off switch available on both the mobile app and website

Discover it® Secured Credit Card Capital One Secured MasterCard Bank Americard Secured Credit Card Citi Secured MasterCard

Freeze your account in seconds to prevent new purchases with an on/off switch available on both the mobile app and website

yes
yes
no
yes

$0 Fraud Liability - you're never responsible for unauthorized purchases on your credit card

$0 Fraud Liability - you're never responsible for unauthorized purchases on your credit card

Discover it® Secured Credit Card Capital One Secured MasterCard Bank Americard Secured Credit Card Citi Secured MasterCard

$0 Fraud Liability - you're never responsible for unauthorized purchases on your credit card

yes
yes
yes
yes

Free overnight shipping for card replacement to any U.S. street address at your request 8

Free overnight shipping for card replacement to any U.S. street address at your request

Discover it® Secured Credit Card Capital One Secured MasterCard Bank Americard Secured Credit Card Citi Secured MasterCard

Free overnight shipping for card replacement to any U.S. street address at your request

yes
no
no
no

Paying late won't raise your APR.

Paying late won't raise your APR.

Discover it® Secured Credit Card Capital One Secured MasterCard Bank Americard Secured Credit Card Citi Secured MasterCard

Paying late won't raise your APR.

yes
yes
yes
no

No late fee on your first late payment.

No late fee on your first late payment.
Discover it® Secured Credit Card Capital One Secured MasterCard Bank Americard Secured Credit Card Citi Secured MasterCard
No late fee on your first late payment.
yes
no
no
no

No overlimit fee

No overlimit fee

Discover it® Secured Credit Card Capital One Secured MasterCard Bank Americard Secured Credit Card Citi Secured MasterCard

No overlimit fee

yes
yes
yes
yes

No foreign transaction fee.

No foreign transaction fee.
Discover it® Secured Credit Card Capital One Secured MasterCard Bank Americard Secured Credit Card Citi Secured MasterCard
No foreign transaction fee.
yes
yes
no
no

Get your free Credit Scorecard with your FICO® Credit Score, number of recent inquiries and more 5

Get your free Credit Scorecard with your FICO® Credit Score, number of recent inquiries and more {free-score}

Discover it® Secured Credit Card Capital One Secured MasterCard Bank Americard Secured Credit Card Citi Secured MasterCard

Get your free Credit Scorecard with your FICO® Credit Score, number of recent inquiries and more {free-score}

yes
no
no
no

100% U.S. - based customer service available any time.

100% U.S. - based customer service available any time.

Discover it® Secured Credit Card Capital One Secured MasterCard Bank Americard Secured Credit Card Citi Secured MasterCard

100% U.S. - based customer service available any time.

yes
no
yes
no

Pay your bill up to midnight (ET) the day it's due by phone or online

Pay your bill up to midnight (ET) the day it's due by phone or online

Discover it® Secured Credit Card Capital One Secured MasterCard Bank Americard Secured Credit Card Citi Secured MasterCard

Pay your bill up to midnight (ET) the day it's due by phone or online

yes
no
yes
yes

‡Cash back rewards – Discover: 2% at gas stations and restaurants on up to $1,000 in combined purchases each quarter. 1% on all other purchases.

Chart comparisons conducted by an independent research firm and based on competitor info compiled in July 2021.

†Compared card issuers may provide a FICO® Credit Score or other credit score and other credit information. See issuers' websites for further details.

Ready to apply for the Discover it® Secured credit card?

  1. Discover® Identity Alerts are offered by Discover Bank at no cost, only available online, and currently include the following services: (a) daily monitoring of your Experian® credit report and an alert when a new inquiry or account is listed on your report; (b) daily monitoring of thousands of Dark Web sites known for revealing personal information and an alert if your Social Security number is found on such a website. This information is intended for, and only provided to, Primary credit cardmembers whose accounts are open, in good standing and have an email address on file. The Primary cardmember must agree online to receive identity alerts. Identity alert services are based on Experian information and data which may differ from information and data at other credit bureaus. Monitoring your credit report does not impact your credit score. This benefit may change or end in the future. Discover Bank is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. To see a list of Frequently Asked Questions, visit discover.com/freealerts.

  2. Cashback Match: Only from Discover, as of July 2021. We'll match all the cash back rewards you've earned on your credit card from the day your new account is approved through your first 12 consecutive billing periods or 365 days, whichever is longer, and add it to your rewards account within two billing periods. You've earned cash back rewards only when they're processed, which may be after the transaction date. We will not match: rewards that are processed after your match period ends; statement credits; rewards transfers from Discover checking or other deposit accounts; or rewards for accounts that are closed. This promotional offer may not be available in the future and is exclusively for new cardmembers. No purchase minimums.

  3. Rewards Redemption: Your rewards never expire. We will credit your account or send you a check with your rewards balance if your account is closed or if it has not been used within 18 months.

  4. Freeze it®: When you freeze your account, Discover will not authorize new purchases, cash advances or balance transfers. However, some activity will continue, including bills that merchants mark as recurring, as well as returns, credits, dispute adjustments, delayed authorizations (such as some transit purchases), payments, Discover protection product fees, other account fees, interest, rewards redemptions and certain other exempted transactions.

  5. FICO® Credit Score Terms: Your FICO® Credit Score, key factors and other credit information are based on data from TransUnion® and may be different from other credit scores and other credit information provided by different bureaus. This information is intended for and only provided to Primary account holders who have an available score. See Discover.com/FICO about the availability of your score. Your score, key factors and other credit information are available on Discover.com and cardmembers are also provided a score on statements. Customers will see up to a year of recent scores online. Discover and other lenders may use different inputs, such as FICO® Credit Scores, other credit scores and more information in credit decisions. This benefit may change or end in the future. FICO is a registered trademark of Fair Isaac Corporation in the United States and other countries.


    If you prefer not to receive your FICO® Credit Score just call us at 1-800-DISCOVER (1-800-347-2683). Please give us two billing cycles to process your request. To learn more, visit Discover.com/FICO.

  6. Use Rewards at Amazon.com: For complete details on how to Pay with Cashback Bonus at Amazon.com see Amazon.com/CashbackBonus. Amazon is not a sponsor of this promotion. Amazon, the Amazon.com logo and the smile logo are trademarks of Amazon or its affiliates.

  7. Discover refunds deposits two ways: 1) automatic monthly reviews at 8 months to see if your account qualifies to "graduate" after showing responsible use of all your credit over time, or 2) when you close your account and pay in full we will return the security deposit to you. Deposit refunds can take up to two billing cycles plus ten days.

  8. Free Overnight Card Replacement: Free overnight shipping is not available to P.O. boxes or addresses outside the U.S. Carrier overnight shipping limitations apply that may impact the exact delivery date.

  9. Use Rewards with PayPal: For complete details on how to Pay with Cashback Bonus with PayPal see PayPal.com/Discover. Pay with Rewards will be available for eligible credit cards on eligible purchases. All reward redemptions are subject to Discover's reward program terms.