Discover it® Cash Back vs Discover it® Secured Cash Back

Discover

Discover

Annual Fee

No Annual Fee

Card Type

Personal

Rewards Currency

Cash Back

Point Value

1.00¢/pt

Base Earn Rate

Welcome Bonus

$100 with any purchase in 90 days

Cashback Match: Discover matches all the cash back you earn in your first year

Effective return by category

Category	Discover it® Cash Back	Discover it® Secured Cash Back
Entertainment	5.00% 5x · Rotating (Quarterly) · $1,500 cap	5.00% 5x · Rotating (Quarterly) · $1,500 cap
Dining & Restaurants	5.00% 5x · Rotating (Quarterly) · $1,500 cap	5.00% 5x · Rotating (Quarterly) · $1,500 cap
Phone & Wireless	5.00% 5x · Rotating (Quarterly) · $1,500 cap	5.00% 5x · Rotating (Quarterly) · $1,500 cap
Internet & Cable	5.00% 5x · Rotating (Quarterly) · $1,500 cap	5.00% 5x · Rotating (Quarterly) · $1,500 cap
Utilities	5.00% 5x · Rotating (Quarterly) · $1,500 cap	5.00% 5x · Rotating (Quarterly) · $1,500 cap
Everything else	1.00% 1x	1.00% 1x

Returns are multiplier × point value, using your “smart” setting. Caps and rotating categories affect real-world earnings.

The better question: which one adds more to your wallet?