Discover it Secured Credit Card
Issued by Capital One (Capital One, N.A.) · Discover network · Secured consumer card
At a glance
The Discover it Secured Credit Card is a secured secured consumer credit card issued by Capital One on the Discover network. Its current annual fee is $0. It is not currently accepting new applications. Terms were last independently verified on 2026-07-17.
Availability note
This product is currently marked “applications closed.” Details may change. Confirm current availability and terms directly with the issuer before relying on this page.
Current rates and fees
From the issuer’s official pages and agreement. Each value shows its source, confidence, and last-verified date.
Interest
Discover — official card pageverified 2026-07-17
Fees
Discover — official card pageverified 2026-07-17
Rewards
Rewards described from the pre-closure product page; terms may change if/when Capital One relaunches the card.
Discover — official card pageverified 2026-07-17
Credit building
Do 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.
Discover — official card pageverified 2026-07-17
Discover — official card pageverified 2026-07-17
Benefits and protections
- Rare rewards-earning secured card. source
Confirm before you apply
Rates, fees, offers, eligibility, and benefits change often. Confirm the final terms directly with the issuer’s official page or the CFPB card-agreement database before applying.
Modeled cost
True cost of this card
True-cost calculator
Illustrative math from this card’s APR. Nothing you enter is stored. This shows costs — it does not predict your rate or approval.
Cost of carrying a balance for a year
| Balance carried | Interest / month | Interest / year |
|---|---|---|
| $1,000 | $20 | $240 |
| $3,000 | $60 | $720 |
| $5,000 | $100 | $1,200 |
Paying only the minimum on $3,000
Never pays off
At this APR, a 2% minimum payment barely covers interest.
$5,000 balance transfer (3% fee, 15-mo intro, $300/mo)
$171.67 total cost
$150 upfront fee, plus post-intro interest at 24%.
Simplified illustrations. Real interest depends on your exact APR, balance, timing, and payments. The clearest way to avoid all of this is to pay the statement balance in full.
Our independent analysis
Editorial rating
4.34.3 out of 5
How this score was calculated
| Dimension | Weight | Score |
|---|---|---|
| Total cost (fees, deposit terms) | 30% | 5/5 |
| Reports to all three bureaus | 25% | 5/5 |
| Graduation / limit-review path | 20% | 4/5 |
| Approval accessibility | 15% | 2/5 |
| Terms transparency | 10% | 4/5 |
Methodology 2026.07 · full methodology · Credit Defense Hub earns no commission or affiliate revenue from card issuers; editorial scores are independent of any advertising relationship.
Historically one of the best secured cards because it earned cash back — but as of mid-2026 it is not accepting new applications. Capital One acquired Discover in 2025 and has said it plans to relaunch the card. Treat details as subject to change and verify availability directly. (Its minimum deposit is $200 — the "$49" figure people cite is a different card, the Capital One Platinum Secured.)
Advantages
- Earned cash back — rare for a secured card
- No annual fee
- Reports to all three bureaus
Watch for
- Not accepting new applications as of mid-2026
- Future terms may change after relaunch
- High APR while active
Best for: Watchlist only until Capital One relaunches applications — confirm status before relying on it.
Credit Defense Hub Editorial Team · reviewed 2026-07-17 · Pending named subject-matter review Editorial analysis is independent and separate from the issuer and from consumer reviews.
Extractable answers
Quick answers
- Who issues the Discover it Secured Credit Card?
- It is issued by Capital One on the Discover network.
- What does the Discover it Secured Credit Card cost?
- The annual fee is $0. Verified 2026-07-17. The purchase APR is variable and depends on creditworthiness — confirm the current range with the issuer.
- Is the Discover it Secured Credit Card accepting new applications?
- Not currently, as of our last verification. Confirm availability directly with the issuer.
- Does the Discover it Secured Credit Card help build credit?
- It reports to all three (experian, equifax, transunion), so on-time payments and low utilization can help build history. Building credit depends on your overall behavior, not one card.
- What should someone verify before applying?
- The current APR range, the annual and foreign-transaction fees, any welcome-offer terms, and whether the reward or benefit you want still applies — all directly on the issuer’s page or card agreement.
- What should you do if something goes wrong with this card?
- For a wrong charge, use the issuer’s billing-dispute process (FCBA). For inaccurate credit reporting, dispute with the bureaus (FCRA). If it is not resolved, you can complain to the CFPB and your state attorney general. See our card-problem guides.
Current-fact answers reflect terms verified 2026-07-17; confirm with the issuer before applying.
What consumers report
No verified consumer reviews yet
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If your issue is about credit reporting or a dispute
When to talk to a professional
A consumer review is not a legal finding. If a card issuer reported inaccurate information, denied a valid fraud claim, or you were sued over a balance, those are situations where documenting the facts and — for lawsuits or unresolved FCRA/FDCPA problems — talking to a consumer attorney or legal aid can matter. You can also report issues to the CFPB.
See the issuer’s official page →
Educational information — not advice
This page provides general educational information about credit, debt, and consumer protections. It is not legal advice, financial advice, or credit repair services, and reading it does not create any professional relationship. Laws, procedures, deadlines, and dollar amounts vary by state and change over time.
For advice about your specific situation, consult a licensed attorney or qualified financial professional. See our full disclaimer.