Clear Visa Credit Cards Review [2024]: No Rewards, Low Value

Key takeaways

• The Clear Platinum Visa credit cards might make sense if you typically carry a balance, but the low limits mean you can’t go overboard on spending.
• The Clear Platinum Visa Credit Card with $1,000 Credit Limit has a $0 annual fee. Instead pay a $10 Monthly Membership Fee ($120 annualized) with a $1,000 credit limit.
• The Clear Platinum Visa Credit Card with $2,000 Credit Limit has a $0 annual fee. Instead pay a $20 Monthly Membership Fee ($240 annualized) with a $2,000 credit limit.
  

Who should get these cards?

If you want a straightforward card that could help you control your spending, consider one of the variations of the Clear Visa card. Both versions of the card are nearly identical.

• TD Clear Visa Platinum Credit Card with $1,000 Credit Limit: Enables you to pay a $45 predictable minimum payment, inclusive of the monthly fee.
• TD Clear Visa Platinum Credit Card with $2,000 Credit Limit: Enables you to pay a $70 predictable minimum payment, inclusive of the monthly fee.

Both variations of the Clear Platinum Visa offer no rewards. But you might like making a predictable minimum payment ($45 or $70) to use your card as much as you want, up to the credit limit.

This could make it easy to avoid racking up interest charges if you typically spend a lot on credit cards and carry balances.

Both credit cards also have a membership fee. This membership fee, when viewed annually, is considerably higher than many other credit cards from other financial institutions, including cards that provide rewards for making eligible purchases.

Clear Platinum Visa card comparison

	The Clear Platinum Visa Credit Card with $1,000 Credit Limit	The Clear Platinum Visa Credit Card with $2,000 Credit Limit
Our rating	3.0 FinanceBuzz writers and editors score cards based on a number of objective features as well as our expert editorial assessment. Our partners do not influence how we rate products.	3.0 FinanceBuzz writers and editors score cards based on a number of objective features as well as our expert editorial assessment. Our partners do not influence how we rate products.
Card features	N/A APR on purchases $0 late payment fees $45 predictable minimum payment, inclusive of the monthly fee	N/A APR on purchases $0 late payment fees $70 predictable minimum payment, inclusive of the monthly fee
Fees	$0 annual fee, instead pay a $10 Monthly Membership Fee ($120 annualized) with a $1,000 credit limit	$0 annual fee}, instead pay a $20 Monthly Membership Fee ($240 annualized) with a $2,000 credit limit
APR	N/A	N/A
Recommended credit score	Excellent, Good	Excellent, Good

Clear Platinum Visa drawbacks

• Monthly cost: If you look at the monthly cost for either card, it adds up over the course of a year. For no monthly or annual fees, check out our list of no-annual-fee credit cards.
• No rewards: The Clear Platinum Visa Credit Card with $1,000 Credit Limit doesn't earn rewards or provide welcome offers. If you want to earn rewards, check out the best credit cards.
• Address requirements: You have to live within the TD Bank footprint to apply for TD Bank credit cards. The footprint includes Connecticut, the District of Columbia, Delaware, Florida, Maine, Maryland, Massachusetts, North Carolina, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, South Carolina, Virginia, and Vermont.

FAQ

Other credit cards to consider

The Clear Platinum Visa Credit Cards don’t make sense if you’re trying to save money on purchases because you have to pay monthly membership fees. Many 0% intro APR credit cards have no annual fees, and you can take advantage of their 0% intro APR offers for any upcoming large purchases.

Two of our top recommendations for 0% intro APR cards include the BankAmericard^® credit card and Wells Fargo Active Cash^® Card(Rates and fees).

With the BankAmericard, you pay a $0 annual fee and can benefit from multiple intro APR offers. There’s no monthly membership fee, and you won’t accrue any interest on purchases or qualifying balance transfers during the intro APR period.

Read our full BankAmericard credit card review.

The Wells Fargo Active Cash has a $0 annual fee and provides intro APR offers on qualifying balance transfers and purchases. You can also earn unlimited 2% cash rewards on purchases. The Clear Platinum Visa Credit Card with $1,000 Credit Limit has no rewards program, so you don’t receive any cash rewards or points for any purchases you make.

Read our full Wells Fargo Active Cash review.

Bottom line

The Clear Platinum Visa Credit Cards likely only make sense if you plan to carry a balance. I typically don’t recommend carrying a balance on credit cards because of high interest rates, but you might find the predictability appealing.

Still, we think there are much better options available, especially if you don’t want to worry about monthly or annual fees or want to earn rewards. For our top recommendations, use our dedicated page to compare credit cards and find the right offer for you.

Lucrative, Flat-Rate Cash Rewards

Wells Fargo Active Cash^® Card

5.0

FinanceBuzz writers and editors score cards based on a number of objective features as well as our expert editorial assessment. Our partners do not influence how we rate products.

Wells Fargo Active Cash^® Card

Apply Now

Rates and fees

Current Offer

$200 cash rewards bonus after spending $500 in purchases in the first 3 months

Annual Fee

$0

Rewards Rate

Earn unlimited 2% cash rewards on purchases

Benefits and Drawbacks

Benefits

• Low spend threshold for its welcome offer — $200 cash rewards bonus after spending $500 in purchases in the first 3 months
• Cell phone protection benefit (subject to a $25 deductible)
• Can redeem rewards at an ATM for literal cash

Drawbacks

• Foreign transaction fee of 3%
• No bonus categories

Card Details

• Select “Apply Now” to take advantage of this specific offer and learn more about product features, terms and conditions.
• Earn a $200 cash rewards bonus after spending $500 in purchases in the first 3 months.
• Earn unlimited 2% cash rewards on purchases.
• 0% intro APR for 12 months from account opening on purchases and qualifying balance transfers. 19.49%, 24.49%, or 29.49% Variable APR thereafter; balance transfers made within 120 days qualify for the intro rate and fee of 3% then a BT fee of up to 5%, min: $5.
• $0 annual fee.
• No categories to track or remember and cash rewards don’t expire as long as your account remains open.
• Find tickets to top sports and entertainment events, book travel, make dinner reservations and more with your complimentary 24/7 Visa Signature® Concierge.
• Up to $600 of cell phone protection against damage or theft. Subject to a $25 deductible.