Currently, credit cards are one of the most used payment methods in the world and with that in mind, it is important to know exactly what you are contracting before applying for your card. After all, cards have different purposes and can have advantages and disadvantages according to your needs and expectations.

Therefore, in this article we will tell you everything you need to know about the Discover It Secured Card credit card. At the end of this article, you will be able to apply for one if you so wish.

However, it is important to remember that we are doing an unbiased review here and will not consider any type of affiliation with this credit card. In this way, our goal is to make you understand exactly what you can expect and what this card has to offer for your financial life.

Among the advantages of this credit card, we can mention, first, the fact that it does not charge any annual fees. That is, you can use it without paying anything extra for it. And this is a big factor, as many cards charge an annual fee, and this makes users feel very discouraged without using them. Because the annual fee must be paid even if you do not use the card. And on this card, you can rest assured: the fee is zero. 

Second, know that you will be able to easily increase your credit score, as this card will be responsible for making you able to qualify even with bad credit. And that’s a big factor that can help you boost your credit score later. If you use your card responsibly and pay your bills on time.

Finally, another advantage that can draw a lot of attention from users is that it offers a very attractive initial bonus offer. That is, as soon as you apply for the card, you will have access to a One-day bonus available in dollars, which will be added to your account, and you can use it as you wish.

Among the disadvantages of this card, we can mention, first, the fact that it has an Excessively high APR. And this can be a somewhat discouraging factor, as this long-term rate can greatly affect the user’s financial life. 

On the other hand, it is also very necessary to know that this card requires you to make a guaranteed minimum deposit at the beginning of your application. For this, you need to have the amount in hand and deposit it in a few days after opening the account. For this reason, know that soon after this amount will serve as a guarantee and will be essential to establish a good credit limit.

Among the requirements to apply for this card, it is important to know that you must be over 18 years old. Because this is a general requirement of all institutions that provide credit cards and other financial products. 

In addition to the fact that you must have a valid proof of residence and proof of income. However, as we mentioned earlier, it is not necessary to do a credit score check. Therefore, one of the requirements, usually charged on other credit cards, is not in this case, as you can ask even if you are in default at the time.

Now that you know what the requirements are to apply for your card, you need to have your personal documents in hand. As well as proof of income and proof of residence. However, proof of income is only required for you to demonstrate your ability to pay. But in the case of this card, a minimum income is not required for approval.

Therefore, you must enter the site and fill out a form that will be available to you. This form will be very simple and you only need to provide some basic personal and financial information. Subsequently, you will only need to wait until the bank responsible for administering the card analyzes your proposal.

However, if your application receives approval, you just need to wait until the card arrives at your residence. So that you can unlock and use. In this way, the application process does not involve bureaucratic processes and is generally quite simple. And for that reason, we can indicate this card to people who don’t want to undergo very difficult processes because they don’t have a very high credit score.

That’s the real question of millions, is this card worth it? As here we are prioritizing providing you with an honest opinion, know that yes, this card can offer many advantages for those who want to use it. Mainly that it does not have any annual fees and also does not charge any transaction fees abroad.

On the other hand, other advantages can be that it is made available to people with bad credit scores and they can improve this in a short time. After all, all payments you make will be reported to the 3 main credit bureaus, and this helps a lot when it comes to increasing your score and later getting upgrades to other cards.

Also, the biggest advantage of this card may be the financial one. For above all, he also does not charge any late fee on the first delay in any payment. That’s why you can count on peace of mind and also receive free alerts on your social security number notifying you of any information or changes to your account. 

Finally, the evaluations are done in a short period of time, as they occur in about 7 months, so you can be qualified for a credit card with more advantages. That is, our final verdict is that, yes, this card can be very worthwhile and be a very interesting alternative for you at the moment. 

Are you looking for some other credit card opportunity that could be very advantageous? We can recommend that you take a look at the benefits and advantages of the Mission Lane Visa credit card, you just need to click the button below and you will have access to everything you need to know!