What credit score do you need for a secured Discover Card
Discover it® Secured
Secured cards require a security deposit when you’re approved for the account. They’re meant for people with limited or bad credit, meaning a FICO Credit Score of around 660 or below. You’ll need to make a deposit to get this card, but there is no annual fee after that.
How do I get a secured Discover Card
Here’s how it works:
- Get Approved and Provide A Security Deposit. Start by applying for the card and providing a security deposit.
- Use Your Card Responsibly.
- Apply to Increase Your Credit Line.
- Transition to an Unsecured Card.
- How the Discover it® Secured Credit Card is Different.
Is discover it secured a good credit card
Discover it® Secured is 2020’s best secured credit card because it has a $0 annual fee and rewards cardholders with 1% to 2% cash back on purchases. Very few secured cards even offer rewards. Discover it Secured’s minimum deposit – $200 – is on the low end for a secured credit card, too.
Can I use my Discover card before it arrives
Unfortunately, you will likely have to wait until you receive your new or replacement credit card in the mail. But once your card does arrive, then you can use a credit card immediately upon activation. That way, you should receive your new credit card before you actually need to use it.