Compare it to the Discover it® Secured Credit Card
A better alternative to the Horizon Gold Card is a secured card like the Discover it® Secured Credit Card.
Designed for those with poor/limited credit, the Discover it® Secured Credit Card requires a refundable security deposit ranging from $200 to $2,500, which will serve as your line of credit.
The card comes with a $0 annual fee, and unlike the Discover it® Secured Credit Card, does not charge an activation fee or monthly fees.
Plus, the card can be used anywhere Discover is accepted and provides the opportunity to earn rewards on every purchase you make. Discover it® Secured Credit Card members earn 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter. 1% unlimited cash back on all other purchases - automatically. Additionally, Discover will match all the cash back you’ve earned at the end of your first year.
Lastly, the Discover it® Secured Credit Card reports your account activity to the three major credit bureaus, and after you’ve had the card for seven months, Discover will begin conducting monthly account reviews to see if you’re eligible to graduate to an unsecured card and get your deposit refunded.