- Doesn't charge foreign transaction fees.
- Overall credit card for immigrants Rewards program.
- Chance to graduate to an unsecured card.
- Reports to all three credit bureaus.
- $0 annual fee.
- No penalty APR.
- No late fee on your first late payment.
The Discover it Secured Credit Card provides the opportunity to build your credit while offering cash back on every purchase. Cardholders earn 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter. 1% unlimited cash back on all other purchases - automatically. Plus, get the following sign-up bonus: Discover will match all the cash back you’ve earned at the end of your first year. Because the card is secured, it requires a deposit ranging from $200 to $2,500, which serves as your line of credit, but the card comes with a $0 annual fee.