No guys it's a discover card secured card I can pick a deposit from 200 till 2500 Same terms as the it card but with The difference of me making a deposit for the credit line... It's not the matrix card
I just. Have A 1000$ dollars card With a local credit union.. No collections or money in debt to no one I was confuse I don't understand the full logic of a secured card But I look it up online... And seems that discover doesn't offer secured cards.. But they are offering me one So I don't understand what's going maybe it's a new thing going on. Or something
Compare Secured Credit Cards Capital One Secured MasterCard Credit Card No annual fee Requires a refundable security deposit Reports to all three major credit bureaus Free FICO® Credit Score on your monthly statement1 5% cash back in categories that change throughout the year, up to the quarterly maximum. Signing up each time is free and easy. 5% Cashback Calendar 1% cashback on all other purchases 100% U.S. based customer service available any time Paying late won't increase your APR No late fee on your first late payment No overlimit fee Pay up to midnight (ET) the day it's due by phone or online If you lose your job, we'll help out with a $100 gift card2 Accepted at 9 million merchants nationwide3 Comparison based on information obtained on issuers' websites or from customer service representatives as of November 2013.
1Your FICO® Credit Score is based on data from TransUnion and may be different from other credit scores. FICO® Credit Scores are delivered only to Primary cardmembers who get a monthly statement and have an available score. Discover and other lenders may use different inputs like a FICO® Credit Score, other credit scores and more information in credit decisions. This benefit may change or end in the future. FICO is a registered trademark of the Fair Isaac Corporation in the United States and other countries.
2Available once for each cardmember
3According to the Feb 2013 issue of the Nilson Report