Discover It Secured credit card: get approved with bad credit
You can apply for the Discover It Secured credit card even if you have bad credit, and get approved! And still be free of the annuity!
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If you have bad credit right now and are having troubles getting a credit card approved, then check out the Discover It Secured credit card.
Among the many Discover credit cards, the Secured one makes it possible for you to be approved right now, regardless of your credit history, and fix your credit score.
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So, check our full review on the Discover It Secured credit card and apply for it online! You’ll see:
- How does a secured credit card work?
- Discover It Secured: is it worth it?
- How to apply for the Discover It Secured credit card
How does a secured credit card work?
Now, it’s almost impossible to “live” without a credit card, as it can be used in so many ways, including for earning rewards like cash back and miles, for example.
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Nonetheless, it may be difficult to get a credit card if you have a bad credit history and that’s why Discover It Secured is a great option.
It works in a simple way: you can build your credit by making deposits into your account, and that amount becomes your credit line for your secured credit card.
So, your credit line will equal your deposit, and you can withdraw that money if you’re not using that credit, whenever you want.
After 7 months of applying and using this credit card, Discover will automatically review your account and approve you for the unsecured Discover credit card, which is great.
Is it worth it?
So, how does work and what are its benefits?
First, you are approved for the Discover It Secured even if you have bad credit, as it helps you rebuild it by reporting your payments to the 3 major credit bureaus.
So, by making security deposits (starting at $200), that amount will equal your credit line available for the credit card. You get that money back, considering you keep your balance paid in full.
Also, there are no annual fees for this credit card and it earns you cash back at every purchases, including at gas stations and restaurants.
Discover It Secured rewards
Discover It Secured earns you cash back at every purchase, going beyond the most common debit and/or secured credit cards.
- Earn 2% cash back at gas stations and restaurants (limit of 1000 per quarter).
- Earn 1% cash back on all other purchases (unlimited).
- Earn 2x cash back with Cashback Match.
How to apply
To apply, you can visit the Discover website to get easily approved right now, as this credit card is made specially for those starting to climb the credit ladder.
We have a quick step-by-step guide on how to apply for the Discover It Secured card, so make sure to check it out if you need any help!