How to Build Your Credit Score with a Discover it® Secured Credit Card

Are you looking for a credit card that is easy to use, manageable and comes with great benefits? Does it seem almost impossible to build up your credit score? Well, the Discover it® Secured Credit Card is here to help your search come to an end.

Let’s delve right in and find out more about the benefits and features that this secured credit card has to offer and how you can apply today.

Features and Benefits of the Discover it® Secured Credit Card

If you’re looking to build or rebuild your credit score, this Discover credit card will help you achieve that. As a secured credit card, you will need to provide a security deposit as collateral for your account. The amount you put down will be your credit limit on the card. As it is a credit card, you will need to make payments on time every month which are reported to 3 credit bureaus, and this is what helps build up your credit score.

The best part, after 8 months of paying your bill on time and building your credit score, the bank will look at how trustworthy you are as a cardholder and return your initial security deposit, leaving you to continue enjoying the features and benefits of your credit card.

Some of the extra advantages of owning a Discover it® Secured Credit Card include 2% cash back on daily purchases, such as gas or dining if you spend $1,000 per quarter, and 1% cash back on all other purchases. And if that’s not enough, at the end of your first year, the bank will automatically match all the cash back that you have earned.

Eligibility and How to apply for a Discover it® Secured Credit Card

If you are interested in applying for this secured credit card but worried about the difficulty of the process, you can relax because it’s very straightforward. But first you need to check that you are eligible: You need to be at least 18 years of age, you must have a social security number, you must have a U.S. permanent address, and you must have a U.S bank account.

If you tick all these boxes, then you’ll be able to apply for a credit card online via the Discover website. All you have to do is fill out the online application form with your personal details, income and employment information and bank account number. If your application is successful you’ll hear back from the bank with the next required steps.

Discover It Credit Card

Discover it® Secured Credit Card Fees

Before we delve deeper into the fees, let’s recap on how this credit card works. After you have applied and provided your deposit, your line of credit will be secured. For instance, you deposit $200 for a $200 credit line, or $500 for a $500 credit line. After that, all they need from you is to use your card responsibly. Remember to pay your bill on time to avoid bank interest charges. Once you do all the above, you can now build your credit score.

Now, onto the extra charges and fees:

  • Annual fee: $0
  • APR: 25.24%, 27.24% based on your creditworthiness
  • Balance transfer fee: 3% of the amount for each transferred balance
  • Foreign transaction fee: $0
  • Cash advance fee: $10 or 5% of the amount, whichever is higher


If you want an easy to manage credit card that comes with various features that can help build your credit score, the Discover it® Secured Credit Card is it. Visit the Discover website and apply today to begin enjoying the advantages of this credit card. You can thank me later.