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Ryan Scully

Discover’s New Secured Card Helps Build or Rebuild Credit

Yesterday, Discover launched its Discover it Secured Credit Card aimed at consumers who want to build or rebuild their credit. The card, which has no annual fee, comes with the same benefits as the Discover it Card, including cashback rewards and free FICO credit scores on monthly statements. Applicants must provide a security deposit, which is held

Top Features : Good credit or bank account not required; initial security deposit can be as low as $200
Top Features : No annual fee; builds credit by reporting to major credit bureaus; initial security deposit can be as low as $200
Top Features : No annual fee; reports to major credit bureaus; access to higher credit line after making first 5 monthly payments on time
Top Features : Builds credit by reporting to all 3 major credit bureaus; low fixed 9.99% interest rate; no penalty rate
Top Features : Reports to consumer reporting agencies; no fees for making payments
Top Features : No late fees or interest charges; NetSpend Mobile App to manage account, and get text message or email alerts