What is the best Discover card for fair credit? This question is about Discover Credit Cards

What is the best Discover card for fair credit?

This question is about Discover Credit Cards

Peter Danes, Member

@p_danes • 02/16/23 This answer was first published on 11/05/21 and it was last updated on 02/16/23.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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The best Discover card for fair credit is Discover it® Student Chrome because it has a $0 annual fee and gives 1 - 2% cash back in rewards, depending on the purchase category. Discover it Student Chrome, which is available to students with limited or fair credit, also doubles the rewards cardholders earn the first year.

Similarly, Discover it® Student Cash Back is another good choice for students with fair credit. It has a lot of the same features, but gives up to 5% cash back on purchases in bonus categories that change each quarter and require quarterly activation. There’s a quarterly limit applied to those bonus rewards, too.

Finally, as a fallback option, there’s the Discover it® Secured Credit Card. It’s intended for people with limited or bad credit, but it still offers good rewards and low fees. Discover does not offer any general-purpose credit cards for people with fair credit specifically.

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Joe Baird, Member

@miner_joe • 05/02/22 This answer was first published on 11/05/21 and it was last updated on 05/02/22.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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The best Discover card you can get with fair credit is the Discover it® Secured Credit Card. Most of their better cards require at least good credit.

If you don't want to pay a security deposit and have fair credit, your only alternative is a student credit card such as the Discover it® Student Chrome, but you must be a student.

What's the minimum credit score needed for Discover cards?

The minimum credit score needed to get most Discover credit cards is 700 or above. That being said there are a few Discover cards for which there’s no minimum credit score requirement. You can get the Discover it® Secured Credit Card with a bad credit score (below 640). And college students don’t need a credit score, or any credit experience, to get one of Discover’s two student credit cards. But you need at least good credit for all the other offers,...

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What is the best Discover card for bad credit?

The best Discover card for bad credit is definitely the Discover it® Secured Credit Card. In fact, it’s really the only Discover card that you can count on getting despite a bad credit score. Here’s how it works: When you apply, you place a security deposit of at least $200, which will become your credit line if you’re approved. This refundable deposit acts as collateral for Discover, reducing their risk.

But that’s not all you need to know...

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