For those that are in the market to help their credit score, Discover It Secured Credit Card will help you build your credit history and earn cash back! In the sea of thousands of credit cards for those with either low credit or recovering credit it's hard to find something that is actually a credit card. Discover it is providing you a chance to build your credit responsibly with their Discover It Secured credit card where you can earn 2% on gas stations and restaurant purchases. In your first year membership, Discover will match your cash back so you can earn up to 4% cash back! To top it off, with this glorious secured credit card you can spend and know there is no annual fee. Use this card in your everyday spending and you can earn 1% on all other purchases. W With all Discover cards you can watch your credit score get higher and higher with their free FICO credit score feature.
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Discover it Secured Card Features:
- No Annual Fee, cash back on every purchase, and helps you build your credit with responsible use .
- A security deposit of $200 or more will establish your credit line (up to the amount we can approve). Automatic monthly reviews start at one year to see if we can transition you to an account with no security deposit.
- Earn 2% cash back at restaurants & gas stations on up to $1,000 in combined purchases each quarter. Earn 1% cash back on all other purchases.
- Tools to assist you; email alerts, text reminders and 24/7 customer service. Plus get your FICO® Credit Score for free on monthly statements and online.
- Discover matches all the cash back you've earned at the end of your first year – automatically. New cardmembers only.
- No late fee on your first late payment. And paying late won't raise your APR.
Building a Strong Credit Score:
The average citizen is struggling with their credit score and the best way is to naturally build it by gaining credit through credit cards. Credit scores take a long time to establish but don't fret. The Discover It Secured credit card does not need any credit score for application or if you have limited credit history then you'll be able to obtain this card. To use this secured credit card you apply for the card and then provide a deposit. Once approved you can secure your line with the equal deposit. If you want you can secure your credit card for $500 and you'll receive $500 as a credit line. It's a 1 to 1 for your credit line and secured deposit. Once you have established your credit limit you can use it responsibly making sure to reap the 2%/1% cash back on your purchases. To continue to build your credit score you have to make timely monthly payments on your credit card but guess what? Discover will also give you one additional freebie where you will get no late fee on your first late payment. But don't make it a habit as it is a one-time pass and paying late won't raise your APR. Everyone makes mistakes so it's nice to know the first one will be overlooked by Discover and it won't hinder your credit score.
Discover It Secured Credit Card is the perfect little package for those that want to responsibly build their credit score. With the credit card you can earn up to 4% cash back with your first year Cash Back MatchTM Discover program. With all other purchases you can earn 1% cash back. You can reap the rewards and benefits of the Discover It card without having to worry about any additional fees. You also gain access to your FICO credit score when you want it or need it to feel confident in your financial spending. Review our complete list of credit card bonus promotions.
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