Discover

Discover is discontinuing new applications for the Discover it® Secured Credit Card, which combined credit-building features with cashback rewards. Applications closed on June 2, 2026, and alternatives like the Discover it® Student Cash Back and Capital One Quicksilver Secured Cash Rewards Credit Card are highlighted for consumers seeking similar options.

Discover is introducing new 5% cash back categories starting July 1, 2026, including gas stations, drugstores, EV charging, public transportation, and flights, with a quarterly maximum of $75. The offer applies to Discover it® Cash Back and Discover it® Student Cash Back cards, which also provide 1% cash back on all other purchases and a first-year cash back match. An alternative card, Bank of America® Customized Cash Rewards, offers higher cash back rates in selected categories.