The Discover it Secured Credit Card also lets you earn rewards while building credit. You can earn 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter and unlimited 1% cash back on all other purchases. Plus, Discover’s Cashback Match offer lets you double your rewards at the end of your first year.
The Discover it® Secured Credit Cardrequires a cash security deposit of at least $200 (and up to $2,500), which acts as your line of credit. After seven months, Discover automatically reviews your account to determine whether you’re eligible to upgrade to an unsecured credit card or get a refund on your deposit. This card also doesn’t require credit history — which is perfect for beginners.