Researching to discover it secured card? Duanne here with how to build credit TV
and in this video I'm going to give you 3 reasons why you should get the
discover it secure card. But before we get started I have a quick message
Once again my name is Duane with how to build credit TV. This channel offers 100%
free information about how to build credit, how to get cash back actual cash
money from using credit cards, as well as credit card reviews. So this sounds like
something in which you're interested be sure to subscribe and click the
notification bell so you don't miss a thing.
The first reason to get the discover it secured card is the fact that there
is no annual fee. I mean there are a lot of secured cards out there and if you're
going to be putting your money up front to get a secured card in the first place.
You certainly don't need to be worrying about putting up more money to pay for
an annual fee. That part doesn't make a lot of sense to me. I actually own the
discovery it secured credit card. I got this card because I was trying to
build my credit and I wanted to re-establish a relationship with
Discover. I had a Discover Card long time ago like when I was in college and I ran
it up like a typical college student. So I lost that relationship so I was
trying to re-establish credit and with Discover card and that's the reason why
I got the Discover it secured card. The second reason to get the discover it
secured credit card is they offer cash back and cash back match for your first
year of membership. Now once again there are a lot of secured credit cards out
there but once again none of them are providing as much value
as discover is at least this is in my opinion. Okay so the fact that they match
your cash back is incredible. So in other words if you earn $1,000 cash back
your first year Discover will match that. I know a little something about this
because currently I'm a little over three hundred dollars in cash back
earned during my first year. It's not quite the end of my first year yet so
I'm thinking I might get up to $500 by the end of my first year and Discover
will match that. Of course I'll make a video showing that I'll actually link a
video showing you now currently that I'm a little over three hundred dollars the
video link will be at the top right of this screen. So you can check that out if
you want or you can wait till the end of the video and check it out there.
The third reason why you should get the Discover it secured card is that you will
automatically have the ability to graduate to an unsecured card. After
eight months Discover card actually reviews your account automatically and
from that from that point onward they review your account on a monthly basis
and when you're able to and eligible they'll graduate your card from a
secured card to an unsecured card and at that time you'll actually get your
deposit back. When I got my secure card with discover
I did my research before I got started of course but I actually deposited
$1,200 right out the gate because I knew that I wanted
to aggressively you know have influence over my credit limit. So I was trying to
max out the credit limit as soon as possible. So I deposited twelve hundred
bucks and then after a couple months I think I was like two months I deposited
the remainder which was thirteen hundred bucks. So I maxed it out at twenty-five
hundred dollars okay so once again after eight months they automatically start to
review your account and once you're eligible they will graduate you to an
unsecured credit card. Now there aren't a lot of credit cards that do that. There
aren't a lot of secured credit cards that do that as far as the automatic
reviewal of your account and just promoting you to an unsecured card. So
that's another thing that I really like about the discover it secured card.
Alright so I know I said I was gonna provide three reasons why you should get
the discover it secured card but I have two more bonus reasons bonus reasons.
Bonus number one and the reason and the reason why I got the Discover card was I wanted to build
credit. I wanted to make sure that I was gonna apply for a card where I knew I
was gonna get approved. I didn't want to you know apply for a card and be
rejected for you know some silly reasons so with me personally like I said I knew
that I had ruined my relationship with discover in the past even though it had
been way past seven years. I still didn't want to take any chances so that's why I
applied for the secured credit card with discovered. So Discover card
I'm sorry discover secured card well build your credit and the cool
thing about it is they actually provide free credit score free FICO score. I just
use the discover app to check it so it's pretty cool and that way you're informed.
Bonus reason number two why you should get the discover it secured card is,
discover provides excellent customer service.
Once again this is in my experience and in my opinion every time that I've
called my wait time to speak to representative has been short. They
always answer whatever questions that I have and they always rectify whatever
issue that I'm calling about. So Discover Card provides great customer service
this is another reason why I think that the discover it secured card is a great
card. Okay so just to recap, the first reason why you should get a discover it
secured card is there's no annual fee. The second reason is that there is the cash
back and cash back match for your first year of membership. And the third reason
is because of the automatic reviewal of your account to upgrade to an unsecured
credit card. Thank you so much for watching this video please be sure to
subscribe, like and comment. If you have any questions about secured credit cards
please feel free to leave me a comment and I'll get back to you as soon as I
can. Make sure you check out the video the my cash back video regarding
Discover there'll be a link to it at the end of this video. Once again thank you
so much for watching until next time take care and be blessed. Peace...