Blue Cash Preferred vs Discover it Secured Card
Blue Cash Preferred is an excellent cash back credit card for families. How does it compare to Discover it Secured Card, a secured card? Read our comparison chart below.
Keep in mind, the Blue Cash Preferred has a $0 intro annual fee for the first year, then $95, while the Discover it Secured Card has a
Blue Cash Preferred® Card from American Express | Discover it® Secured | |
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Credit Card Interest Rates & Fees | ||
Introductory APR for Purchases | 0% introductory APR on purchases for 12 months | N/A |
Introductory APR for Balance Transfers | 0% introductory APR on balance transfers for 12 months | 10.99% introductory APR for 6 months |
Purchase APR | 18.24% to 29.24% Variable based on your creditworthiness and other factors | 27.24% Variable based on your creditworthiness and other factors |
Balance Transfers APR | 18.24% to 29.24% Variable based on your creditworthiness and other factors | 27.24% Variable based on your creditworthiness and other factors |
Foreign Transaction Fee | 2.7% of each transaction after conversion to US dollars. | No foreign transaction fee |
Annual Fee | $0 intro annual fee for the first year, then $95 | |
Credit Card Rewards & Benefits | ||
Secured | Minimum refundable security deposit is $200 (up to the amount Discover approves) and your credit line equals your deposit | |
Introductory Bonus Cash Back | Earn a $250 statement credit after you spend $3,000 in eligible purchases on your new Card within the first 6 months. | |
Cash Back Rewards | 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%). 6% Cash Back on select U.S. streaming subscriptions. 3% Cash Back at U.S. gas stations. 3% Cash Back on transit (including taxis/rideshare, parking, tolls, trains, buses and more). 1% Cash Back on other purchases. Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit. | Earn unlimited 1% cash back on all other purchases |
Gas Rewards | 3% Cash Back at U.S. gas stations and on transit (including taxis/rideshare, parking, tolls, trains, buses and more). Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit. | Earn 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter |
Grocery Rewards | 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%). Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit. | |
Dining Rewards | Earn 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter | |
CreditDonkey® Credit Card Reviews | ||
Pros & Cons | Pros:
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Bottom Line | Excellent cash back credit card for families... | |
Read Blue Cash Preferred Review | ||
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the issuer's website for details. Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. Disclaimer: The information for the Blue Cash Preferred® Card from American Express and Discover it® Secured has been collected independently by CreditDonkey. The card details on this page have not been reviewed or provided by the card issuer. Blue Cash Preferred: Pricing information including interest rates, benefits and fees was obtained on December 19, 2024 from published websites and is believed to be accurate, but not guaranteed. Discover it Secured Card: Pricing information including interest rates, rewards, benefits and fees was obtained on January 11, 2025 from published websites and is believed to be accurate, but not guaranteed. |
Articles on Blue Cash Preferred® Card from American Express
Blue Cash Preferred Review
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For rates and fees of the Chase Sapphire Preferred® Card, please click here.
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