Discover Itв Secured Credit Card Review 2020 My Creditо 5.0. nerdwallet rating. when you consider the rewards, the lack of an annual fee and the opportunity for an upgrade, this is the best secured credit card we've seen. jump to: detailed review. Discover it® secured credit card review lowlights high regular apr. the average secured credit card has a 22.87% interest rate, according to wallethub’s latest credit card landscape report. the discover it secured credit card charges 28.24% variable. you don’t want to carry a balance from month to month with this card — or any secured.
2020 Discover It Secured Credit Card Review Best Secured For secured cards, we estimate an annual household income of approximately $91,162 and an annual credit card spending of $28,431. we estimate our sample cardholder to spend about $4,978 annually. The discover it® secured credit card has remarkably few fees compared to most cards for people with bad or limited credit. you won’t have to deal with an annual fee, foreign transaction fees, a. Cons. $1,000 quarterly spending cap on elevated cash back rate. only earns 1% back on other purchases. the discover it® secured credit card doesn’t require a credit score to apply, so it’s a. The discover it® secured credit card is one of the few secured cards with a cash back feature. with a cash back system similar to the unsecured discover it® chrome, it lets you earn 2% cash back on dining and gas on up to $1,000 per quarter. all other purchases get 1% cash back.
Discover It Secured Credit Card Review Build Credit Fast With Cons. $1,000 quarterly spending cap on elevated cash back rate. only earns 1% back on other purchases. the discover it® secured credit card doesn’t require a credit score to apply, so it’s a. The discover it® secured credit card is one of the few secured cards with a cash back feature. with a cash back system similar to the unsecured discover it® chrome, it lets you earn 2% cash back on dining and gas on up to $1,000 per quarter. all other purchases get 1% cash back. With the discover it® secured credit card you can earn 2% cash back on the first $1,000 spent in combined purchases at gas stations and restaurants each quarter (then 1%). all other purchases. 2% cash back: discover will pay 2% cash back on purchases made at gas stations or restaurants during the first 12 billing periods of card membership. since this card has a standard 1% cash back rate otherwise, the extra 1% is considered a match from discover. the match is capped at $1,000 in purchases per quarter.
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