Discover it® Secured

I applied for this secured card in March 2018 and now just hit my 8th billing cycle. I received an email from Discover today that stated they were sending my $200 deposit back and increased my (now unsecured) credit line up to $2000. I used the card every month and always paid the card down to less than 10% of the available credit. I have heard in some cases that having a small balance of less than 10% can sometimes be better for your credit score than paying it off in full. My priority right now is raising my score so I'll pay the pennies of interest due for leaving this small balance from month to month. I highly recommend this card for building your credit. The approval was fast and it also came without an annual fee and earns a little bit of cash back on purchases.

The site and (Android) app are very easy to use and I like that customer support is based in the USA. Plus there are features like no annual fee and cash back, what's not to love?! Will always recommend to friends if they're looking to build their credit and/or are inexperienced with credit cards.

I applied for this card in January this year, I received it with a $200 limit as that was my deposit. Once I got the card I increased my credit limit an additional $300 and then a month later an additional $500 for a total of $1000 credit limit. I had just gotten out of debt, my FICO score was only 544 when I applied for this card and got approved. As of this month they graduated me to a regular credit card and increased my credit limit to $1750 and I got my check in the mail enclosed in the same letter that read "Good news! Because you've shown responsible account management, you're getting your security deposit back. Please continue to pay on time and make at least the minium monthly payment."It said more but you get the point. So for me it was at the 9th month that I got my deposit back which means they did indeed evaluate my account at the 8th month mark as they stated. I did use my card substantially in talking $600-$800 a month but airways paid nearly in full before my due date. My rent, phone bills, media bills all were paid using this card for cash back. Yes it's not much being only 1% cash back for most things but so far I've racked up $64 and they will match that in Feb 2019. So I'll keep getting cash back hoping to reach hundred and that will be another $200 check sent to me just for using the card. My FICO is currently at 637 with me having the Discover card, a BofA card that graduated from secured cards two months ago, a Capital One non secured that I just got a $200 CL increase on for five phone on time monthly payments. I have a $500 Citi secured card and a secured installment loan with self lender. I get my money back from self lender in Feb and my money from Citi on May. I'm hoping by next year I can have a good FICO that's 685-700. Two years from now when I have my associates degree I plan to buy my van. I recommend this card because it's the only one that allows you to call in and add to your security deposit to increase your credit limit. They"

I applied for this card because discover is a great name and I thought they would transfer me to an unsecured card after my history with them. They state that after 8 billing cycles they will evaluate your account and with responsible credit use they transition your account to an unsecured card and raise your credit limit. I have now had this card for a year, always made my payments or paid the entire balance off every month on time and they have never evaluated my account, raised my limit or done anything promised. I wrote to them twice only to receive a formal blow off email statin that my account will be evaluated after 8 billing cycles, etc. which I found ironic to say the least. In the last year I have raised my credit score near 75 points but mainly by using the credit one bank card and a capital one visa which have been very good to me. Credit one offers a starter card which began at 300 dollars. After 2 months they raised my limit to 450 and now after a year they gave me a brand new platinum account with a thousand dollar limit and rewards. Capital one has raised my limit 3 times over the last year showing growth yet discover has done nothing for me. Im about to cancel the discover account after working with other cards that have really supported my credit growth over the last year. I would highly recommend the credit one card and store specific cards which have really helped my credit score and stay away from this discover secured card. If you are absolutely without any other options then maybe it will help you but it hasn't done anything for me.

Making 60k a year and trying to repair my credit, yet cant even get approved because they couldnt "verify credit". WTH is that? What is the issue if its a secured card with the deposit??

I stated with a 200 deposit score around 650 after just 1 year of paying on time Discover sent me my 200 back plus graduated me to a credit limit if 1650 and on top of that my score jumped up to 750 the best card ever

Got the discover card about a year ago, 800bucks down, never really used it but for very small purchases, paid them off right away aside of leaving 3-4bucks on the balance, so it shows in their system as 1% use. Yet a year later, nothing, no upgrade, nothing. In the meantime I went to 706 credit score, got an Amex and Citi (unsecured) with a way higher limit. Yet Discover did not do anything. So now I cancelled the Discover card, no effect on my credit score. It was anyway just reported as secured card. In conclusion, thank you for helping to up my credit score, but not worth it in the end. The fairytale that they MAY!!!!!! up your card to an unsecured card is a fairytale and nothing else. The few people who received the upping to unsecured card are either paid by Discover to post it or were just lucky. For starters and rebuilders the card might be very helpful, yet do NOT put more than 200bucks down! The upgrade will NOT come!

I opened up my account a year ago in Aug of 2017. I put down a $300 security deposit. It does say that after 8 months they start checking to see of they can upgrade you to a normal account. I never heard anything at 8 months but my score was still low so wasn't surprised. I paid my bill in full with the exception of maybe leaving a $20 balance. And I also sent in a payment if my limit ever got close to the 50% mark even if it meant sending one every week. Well yesterday (which is about 1 week under a year with this card) I got an email telling me since I have "shown responsible account management" my security deposit is being returned and my limit line went up a pretty good amount as well. I've never had any trouble with Discover, love the card and looking forward to continue using it

I got this card in May 2017. I had hoped that after 6 months it would convert to an unsecured card, but it didn't. Needless to say I was a little bummed over that, but I kept going along. I always paid the balance on this card in full. Well, I opened my email this AM & I received word that they were converting it to an unsecured card, increasing my limit to $2,000 & sending my $200 back. I'm pretty happy that it's finally happened.

I love it