How a Secured Credit Card Works. Like any other credit card, you first have to apply and get approved. Secured credit card applications are similar to other credit card applications in that they require your basic financial information, as well as your permission to perform a credit check.

But unlike most other secured cards, the Discover it® Secured offers rewards. You can earn 2% back on up to $1,000 in combined restaurant and gas station spending per quarter, for as much as $80 ...

Secured card with minimal fees. This is one of the best secured cards out there because the fees are minimal. It doubles as a cash back card, with 2% back at gas stations and restaurants (up to $1,000 a quarter), and your cash back matched at the end of the first year. See more of the best secured credit cards.

The Discover it Secured card has a lucrative bonus, particularly for a secured credit card. At the end of your first year as a cardmember, Discover automatically matches all of the cash back you ...

The Discover it ® Secured Credit Card is one of the few secured cards that offers rewards. 2% Cashback at restaurants or gas stations on up to $1,000 in combined purchases each quarter. Plus 1% cash back on all other credit card purchases. At the end of your first year, Discover will automatically match all the cash back you’ve earned at the ...