The Discover it Secured earns 2.0X on gas_stations, 2.0X on restaurants with a $0 annual fee. The current signup bonus is Cashback Match (first year).
Our Verdict
The Discover it Secured is a cashback rewards card from Discover that carries a no annual fee on the discover network. At its core it earns 1.0X cash back on everyday purchases, making it straightforward for cardholders who want predictable, consistent returns.
Cash-back seekers will appreciate the simplicity — every dollar spent converts directly to statement credits or deposits with no points math required. The Discover it Secured is best suited for cardholders who prioritize easy redemptions over maximum aspirational value.
Combined with the current signup offer of Cashback Match (first year), With no annual fee, there is virtually no downside to keeping this card long-term even as a backup. It adds to your credit history and earns rewards at zero ongoing cost.
Apply for the Discover it Secured →Rewards Structure
Fee Analysis
The Discover it Secured has no annual fee, making it an excellent choice for anyone who wants rewards without a yearly cost. There is no break-even spending threshold to worry about — every dollar of rewards is pure value.
Where This Card Earns Bonus Rewards
| Category | MCC Code | Bonus Rate | Example Merchants |
|---|---|---|---|
| Gas_Stations | 5541 Service Stations ( with or without ancillary services) | 2x | 7-Eleven, 7-Eleven - Albuquerque, 7-Eleven - Anaheim, 7-Eleven - Anchorage |
| Gas_Stations | 5542 Automated Fuel Dispensers | 2x | BJ's Gas, BJ's Gas Station, Costco Gas, Costco Gas Station |
| Restaurants | 5812 Eating places and Restaurants | 2x | Acapulco Restaurant, Another Broken Egg, Applebee's, Applebee's - Albuquerque |
| Restaurants | 5813 Drinking Places (Alcoholic Beverages), Bars, Taverns, Cocktail lounges, Nightclubs and Discotheques | 2x | AMF Bowling Centers, Angry Orchard, Applebee's Bar, Bar Louie |
| Restaurants | 5814 Fast Food Restaurants | 2x | Arby's, Arby's - Albuquerque, Arby's - Anaheim, Arby's - Anchorage |
Click any MCC code or merchant name to see all cards that earn bonus rewards there.
Signup Bonus Value
Strengths and Weaknesses
Strengths
- No foreign transaction fees
- No annual fee
Weaknesses
- 1X base rate on non-bonus spending
- High variable APR up to 28.24%
How to Apply
You can apply for the Discover it Secured directly through Discover's website. The application takes about 5 minutes and requires your Social Security number, annual income, and housing payment information. Most applicants receive an instant decision.
Before applying, check if you are pre-approved on Discover's website — a pre-approval uses a soft pull and does not affect your credit score.