Head-to-head · sourced terms
Capital One Platinum Secured vs Discover it Secured
Secured cards help you establish or rebuild credit by backing your credit line with a refundable deposit. These two are frequently cross-shopped, but one difference matters before you apply: as of our last verification, the Discover it Secured is not accepting new applications. Here is how their published terms compare.
| Term | Capital One Platinum Secured Credit Card Accepting applications | Discover it Secured Credit Card Not accepting new applications |
|---|---|---|
| Annual fee | $0 | $0 |
| Purchase APR | 28.99% variable (as of July 2026)(medium confidence)Capital One's live pricing disclosure is JS/PDF-gated; 28.99% is corroborated by two reputable sources. Secured cards carry a high APR — carry no balance while building. Confirm with Capital One. | — |
| Foreign-transaction fee | $0 | — |
| Rewards | — | 2% at gas and restaurants on up to $1,000/quarter, then 1%; first-year cashback match(medium confidence)Rewards described from the pre-closure product page; terms may change if/when Capital One relaunches the card. |
| Security deposit | $49, $99, or $200 refundable deposit opens a $200 initial line; deposit more (whole $20 increments) to raise the initial line, up to a $1,000 maximum | Refundable deposit, $200 minimum up to $2,500Do not confuse this with a "$49 minimum" figure that circulates online — that belongs to the Capital One Platinum Secured, a different card. Discover it Secured's minimum deposit is $200. |
| Availability | Accepting applications | Not accepting new applications |
| Editorial rating | 4.5 / 5 | 4.3 / 5 |
| Est. interest carrying $3,000 for a year | $869.7(medium confidence)Illustrative interest on a $3,000 balance carried for one year at the listed APR — not a quote. Your rate depends on creditworthiness; confirm with the issuer. | —No purchase APR is published for this card, so we do not estimate interest. |
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