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Capital One® Secured Mastercard® vs Discover it® Secured

Two solid secured cards, but one has a rare perk.

Megan Horner
Megan Horner

Updated

Fact checked
Unlike the The Capital One® Secured Mastercard®, the Discover it® Secured comes with rewards, which is rare for a secured card. You’ll earn 2% cash back on up to $1,000 spent on gas and dining each activated quarter, then 1% after that and on all other purchases. The Capital One® Secured Mastercard® has no rewards or welcome offer.

Capital One® Secured Mastercard®

Capital One® Secured Mastercard®

Rates & Fees

Discover it® Secured

Discover it® Secured

Rates & Fees
finder.com's rating
finder.com's rating

★★★★★

4.4 / 5.0

★★★★★

4.4 / 5.0
Best for
Best for
  • Growing your credit score and limit
  • Earning rewards while building credit
Welcome offer
Welcome offer

N/A

Discover will match cash back earned at the end of your first card year
Rewards
Rewards

N/A

2% back on gas and dining up to $1,000 combined each activated quarter, then 1% after that and on all other purchases
Purchase APR
Purchase APR

26.99% variable

22.99% variable

Annual fee
Annual fee $0 $0
Balance transfer APR
Balance transfer APR

26.99% variable

10.99% intro APR for 6 months, then 22.99% variable
Cash advance
Cash advance

APR: 26.99% variable

Fee: $10 or 3% of the transaction, whichever is greater

APR: 24.99% variable

Fee: $10 or 5% of the transaction, whichever is greater
Foreign transaction fee
Foreign transaction fee None None
Late payment fee
Late payment fee Up to $40 Up to $40
Additional cardholder fee
Additional cardholder fee $0
Interest-free period
Interest-free period 25 days 25 days
Minimum interest
Minimum interest $0 $0.50
Minimum credit score
Minimum credit score 580 300
Card type
Card type Credit Credit
Learn more
Learn more

Summary of card features

Capital One® Secured Mastercard®

Capital One® Secured Mastercard®

  • You'll pay no annual fee to use this card.
  • Depending on your credit, you may pay a security deposit as low as $49 and still get a $200 credit limit.
  • Make your first 5 monthly payments on time and Capital One will raise your credit limit.

Discover it® Secured

Discover it® Secured

  • Build your credit. Responsible use of the card will help you build your credit score, as the card reports to all three major credit bureaus — Equifax, Experian and TransUnion.
  • Earn cash back. Earn 2% back on dining and gas on up to $1,000 in combined purchases each quarter. On everything else you buy, you’ll earn 1% cash back.
  • Intro APR period on balance transfers. Enjoy a 10.99% intro APR period on balance transfers for 6 months. After that, a variable APR of 22.99% applies.

Compare Capital One® Secured Mastercard® vs. Discover it® Secured

Data indicated here is updated regularly
Name Product Filter values Minimum deposit required Purchase APR Annual fee Recommended minimum credit score
Capital One® Secured Mastercard®
Capital One® Secured Mastercard®
$49, $99 or $200
26.99% variable
$0
580
Get access to a higher credit line after making your first 5 monthly payments on time.
View details
Discover it® Secured
Discover it® Secured
Starting at $200
22.99% variable
$0
300
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.
View details
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