Discover it Secured vs. Capital One Secured

Choosing between the Discover it Secured and the Capital One Secured ultimately comes down to your needs.

If you need rewards, the Discover it Secured comes out on top, with its 2% cash back at restaurants and gas stations, on up to $1,000 spent each quarter, and 1% back on all other purchases.

The Capital One Secured has the potential of being partially secured, which means that your credit line may exceed the amount of your refundable deposit. If approved, you will be required to place a deposit of $49, $99, or $200 for a $200 credit limit.

With this said, neither card charges an annual fee or foreign transaction fees, so you can't go wrong with any of these. Just pay your bill on time each month, minimize unnecessary debt, and maintain a low credit utilization and the results will start showing.