Is There a Discover Secured Credit Card?

Q: I’m in the process of rebuilding my credit and was wondering if Discover has a secured card offer available?

Discover NetworkA: I find that a lot of people are shocked to learn just how difficult it can be to qualify for a Discover. On average, their credit qualifications are probably stricter than any other card issuer.

In fact, based on all the forum feedback I have gathered over the years, I believe it’s much easier to get approved for an entry-level American Express card like the Gold Delta SkyMiles card versus the Discover It (their most popular card). At the very minimum, you typically need a FICO score of at least 700 to maybe qualify.

So if your credit history isn’t up to par, can you apply for a secured Discover credit card? While Discover does offer secured cards, you can’t apply for one directly. You need to fill out an application for one of its consumer cards (the Discover it, or the Discover it chrome). Then, if you don’t qualify, you may be given an offer for a secured card.

If you have bad/fair credit here are your 3 best alternatives:

Option A: Attention college students!

If you are looking for secured cards because you worry that your status as a student will prevent you from getting a regular card, consider a different route: applying for a student card.

  • Discover It card for students – Same rewards as the regular It card w/ 5% cash back on categories and a full 1% on everything else.
  • Discover it chrome for Students – allows you to earn 2% on gas and restaurants all the time and 1% on all other purchases

If you’re in college, your best bet is to try one of those.

Option B: Get a secured card from another bank

There are plenty of other reputable financial institutions that issue secured cards that you can apply for directly. You can check out a list of them here. One of my favorites is the Capital One Secured MasterCard.

Of course you have to have realistic expectations when getting a secured card. You probably aren’t going to get rewards nor any benefits that will make you jump for joy. Really this category of cards should just be viewed as a stepping stone to building your credit… so you can get something better.

Option C: Prepaid cards (drawback = they don’t build credit)

Yep, there are third-party Discover prepaid cards but the fees are up there and the benefits are bareboned.

Also check out the prepaid card from American Express, a CreditCardForum advertising partner. It has a straight-forward fee system.

This article was last updated August 1, 2016.

The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

Thought I’d post some info for people researching this: I got a secured card after being declined for the regular Discover It card. This is my first credit card. I have 400$ deposited into my account. I’ve had the card since September (2 mos). I receive a cashback bonus for card use. I do have one question though: When am I going to receive my 400$ back?

Their are different banks that do use the discover card name the matrix card and conveniental card are offered thru continental bank their is also a prepaid discover card thru servsafe for food industry workers that earns cash back at certain places. I have even seen them thru dollar general if you look for it online. But discover dose have a secured card directly thru them. I just read thru the fine print today you can add to it later if you wish but the minimum deposit is 200. It’s 1% cash Back on everything but they have a list places to shop to get the 5% back. The interest is 22.9.% and it dose graduate after a year of good use. Hope this helps

The Discovery Secure card is from Discover not, “another bank” the card is reported as a discover card and doesn’t report as secure. Great card so far for me.

I also applied for the Discover card and was also denied but they offered me a secured card. Just received it couple days ago and looks just like a regular Discover it card. Comes in a fancy envelop directly from Discover NOT a third company. I called Discover and they told me that it does graduate after 1yr with keep your payments on time. Im soo Happy for this card. No anual fee,Free credit score. what else can i ask for. i hope to inprove my credit score soon. Thank you Discover.

jenna erickson

wondering what the deposit is for a discover secured card??

Did you get the offer in the mail? Or on screen, right away after the denial for the unsecured card? I applied for the unsecured It card and didn’t get any counter for the secured. Just wondering if it might come in the mail??

Hi, Jennifer

I recently applied for the Discover It secured card and was denied as I expected online, and then the counter-offer of the Discover It Unsecured popped up. It will give you the option to secured it right then or save the offer and you have like 5 or 7 days to accept and fund the account. I couldn’t remember if it was 5 or 7 days but it’s one of the two. I hope you get it!!! I love it and the fact it will graduate. I also have a Capital One Secured card that doesn’t graduate and I hate I got that one. The only benefit will be building my credit score and I can always add more money to take one so it’s okay.

I was offered the Discover IT secured card, this is not available to everyone though. They are still selective on who they secured to as well. You still can not apply directly for it. You have to apply for the regular unsecured card and if your denied you may get lucky and be offered the secured card. The card can graduate to a unsecured card, it also reports on your credit as a regular card and not as a secured card!!!!

Capital One Secured credit card denied me even after trying to put up 300 dollars. Why have a secured card without accepting people with a security deposit. Yes I realize my score is piss poor (460) but come on how do I fix this. With my tax return I knocked out 4/5 bills and now I need help getting back on my feet. But USAA issued me a secured card at 250.00 credit so i’m happy and no longer need Capital One.


I was denied like 6 months prior also with Capital One then I applied again and was approved. This is how I felt that you are securing your own money so what is the problem. I’m glad you were able to get a secured card to start working on your credit score.

Best wishes!

I was approved for the Discover It secured card after being denied for the regular one. I put in a deposit of $200 and should be getting it in the major within the next few days. I’m really excited to be getting it and hope sometime down the road Discover will allow it to graduate.

How is the It secured card working for you? I just got approved….hopefully I can graduate to an unsecured one.

The reality is that Discover actually has a secured IT card and it is on the Discover network with the same cash back as a regular card. It is simply secured.

Discover does have a secured card. It’s called “Discover It Secured Card” I was approved for it a few days ago. The APR 22.99 and there is NO ANNUAL FEE (none, zip, zilch, zero!) and they will even waive the late fee (only the first time your late). The minimum deposit is $200.

I applied for the discover it and was given an opt of secured discover it card and took it, it just came in te mail …. Looks just like a ref discover it card.

Discover does have a secured card. ITs new and in its pilot stages. You cannot apply directly for the card though. You have to apply for a regular Discover and if you are denied you may be offered a Secured Card. Some Facts on the new secured Discover Card:

Lines range from 200-2500
Interest and fees are the same as an unsecured card
It does not graduate
You have to apply for the an unsecured card first.

Discover may offer a secured card if you are declined for a regular Discover card. It is new but seems to be starting out well. There are no fees associated with it just the secured amount. As you prove your self using it you may be able to graduate from it. This simply means you get your deposit back, not another card. The Discover IT secured card is the same rewards benefits, and looks as the the normal Discover IT card. The ONLY difference is the secured amount.

The Discover IT Secured Card does graduate after 1 yr of on-time payments. I just received the card this month and I have read through another blog about other people that have just graduated to their unsecured card and got their deposits back without a delay. Capital One Secured cards do not graduate but Discover IT Secured Cards do.

Yes it does graduate to the unsecure card. Read about it on the Web or call! They give back your deposit thru the mail and just make your card unsecure! You do not get another card. Secure card is the same as unsecure. They put a lock on the account as a secure card and then they unlock it after they approve you to get the unsecure. Simple! If you are worth them doing it for, then they will. Pay on time and handle the card responsibly. I know, I got mine rolled over to the unsecure! Awesome opportunity, don’t mess up.

you might want check again, but discover just offered me a it secured card directly from them.

Susana Arrellano

I would love to get a secured discover credit card

I just got approved 10/7/2012 for a partially secured Discover card. Granted the limit is only $300, its a start. They have two: The Matrix Discover and the Continental Discover credit card.

Its not really a Discover card, it’s just using the Discover card network. You actually got approved from another bank.

What bank is that?

Don’t know where you got that bull from! NO 3rd party.They don’t allow 3rd parties using their name, really!! Get your facts together before posting untrue statements about a well known company. It’s a real discover credit card By Discover Bank. Be thankful we get the opportunity to receive this card and then make it unsecured! Read about it or call them, very simple!