Have you heard about Discover it® Secured credit card? It has a fantastic reputation for helping cardholders to build or rebuild their credit scores.

If you’ve been through some hard times that lead you to a bad credit score, don’t worry. You can always start over, and this card will give you a hand.

If that’s your case, or if you’re simply a first-timer with credit cards, consider this card. We’ll tell you more about it in this review. Stay with us.

Secured credit cards are meant for people with bad credit scores or no credit score at all. Usually, the annual fee is low or zero, which is the case of the Discover it Secured card with no annual fee.

To start your account, you have to deposit at least $200. Your credit limit will be equal to your first deposit. It may seem like a paradox, but remember, you need to have a credit card to build a credit story and access loans and other credit accounts.

After seven months, if you make responsible use of your card, you may be upgraded to an unsecured card and get your deposit back. Also, Discover will report your credit history to some of the major credit bureaus, which is not usual with secured cards.

This card is really the chance everybody needs to build or rebuild a credit reputation.

If you have a bad credit score or even no credit score at all, you should consider getting one.

Check the pros and cons we highlighted for you:

Like most secured cards, the Discover it Secured card doesn’t require any credit score.

If you’re considering applying for this card, The Mad Capitalist will tell you how. Just stay with us and read this content we made for you.

Applying for this card is as easy as being approved for it.

Access the Discover website and search for the Discover it® Secured card page. You’ll find more information about the benefits, fees, and interest rates there. It is essential to read carefully every information before applying for a new card.

You’ll have the option to check if you’re pre-approved or apply right away. Discover recommends the Pre-approval, as it requires only a soft inquiry on your credit score, which causes no harm. After you send your request for pre-approval, you’ll receive a personalized offer.

With your offer in hand, you’ll have seven days to fill the complete form with more detail about personal and financial information. Send it, and wait for your card.

Discover has a fantastic app for its cardholder. However, you can’t apply using the app, only through the website.

If you already have a good credit score, you can consider an unsecured credit card. The Platinum Card® from American Express is a premium credit card with benefits for travel lovers.

Take a look at them side-by-side:

If you are interested in the American Express Platinum credit card, consider applying. Read the following content to learn how to get your Amex Platinum.