The Discover It Secured Credit Card is one of the best options for those looking to start building a strong financial history. With a simple and straightforward process, it offers a real chance to get credit, even for those starting from scratch.
In addition to being perfect for those who want to establish a good relationship with the credit system, the card is also ideal for those seeking convenience and freedom without bureaucracy. Its easy approval structure makes life easier for those who need a card without complications.
And it doesn’t stop there: it also offers interesting benefits, such as cashback on various purchase categories. Keep reading to understand how this card can transform your financial life!
Meet the issuer
Discover Financial Services is a well-known American financial institution recognized for offering innovative financial products and services. With a strong reputation in the market, Discover stands out for its commitment to customer satisfaction and transparency in its operations.
In addition to the Discover It Secured Credit Card, the company offers a variety of credit cards, each designed to meet different financial needs. Discover is known for its consumer-friendly policies, including no annual fees on many of its products.
Discover‘s mission is to provide its customers with financial tools that promote freedom and control over their personal finances. With a customer-centric approach, the company constantly seeks to innovate and offer solutions that meet the expectations and needs of its users.
Main Benefits of the Card
Cashback Rewards: Earn 2% cashback on gas stations and restaurants, up to $1,000 in combined purchases per quarter, and 1% on all other purchases.
No Annual Fee: Enjoy all the benefits without additional costs.
Access to FICO® Credit Score: Monitor your progress with free access to your FICO® Credit Score.
Transition to Unsecured Card: After 7 months of responsible use, you may be considered for an upgrade to an unsecured card.
Fraud Protection: Benefit from fraud protection with $0 liability for unauthorized purchases.
Discover It Secured Credit Card: Fees and Commissions
The Discover It Secured Credit Card has no annual fee, making it an affordable option for those looking to build or improve their credit. However, the standard variable purchase APR is 27.24%.
Keep in mind that fees may change without notice. It is recommended to regularly review the terms and conditions of your card on the Discover website to stay informed about any possible changes.
Card limit
The initial credit limit of the Discover It Secured Credit Card is determined by the amount of the security deposit you make at the time of approval. For example, if you make a $500 deposit, your credit limit will be $500. This deposit serves as collateral and is refundable after transitioning to an unsecured card or closing the account.
Additionally, you can increase your credit limit by adding more security deposits, as long as you follow the limits set by Discover. This flexibility allows you to increase your purchasing power according to your needs and financial capacity.
Positive points
- Cashback Rewards:Earn cashback on various purchase categories.
- No Annual Fee:Save money with no annual fees.
- Access to FICO® Credit Score:Monitor your credit for free.
Negative points
- Security Deposit:An initial deposit is required.
- Late Fees:Fees are applied for late payments.
- Initial Credit Limit:Limited to the amount of the security deposit.
How to Apply for Your CARTÃO Discover It Secured Credit Card
- Visit the official Discover website and click on the “Apply Now” option for the Discover It Secured Credit Card.
- Fill out the form with your personal information, such as your name, address, and contact details.
- Provide a security deposit, which will be used as collateral for your initial credit limit.
- Review all the information, and if everything is correct, submit your application.
- Wait for approval. The verification process may take a few days.
- Once approved, your card will be sent, and you can start using it immediately.
How to Contact Discover Bank
For assistance or to clarify any questions about the Discover It Secured Credit Card, you can contact through the following channels:
- Phone: 1-800-DISCOVER (1-800-347-2683)
- Online Chat: Available on the official website for real-time support.
If you’re ready to take the next step in your financial journey, the Discover It Secured Credit Card offers the tools and benefits necessary to achieve your goals. Apply now and take advantage!
