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

The Clear Visa Credit Cards, which come in two variations, don’t offer rewards and charge monthly fees.

By Ben Walker, CEPF, CFEI®
and Melinda Sineriz, ABFP™

Edited by Yahia Barakah, CEPF

Updated Aug. 28, 2024

We receive compensation from the products and services mentioned in this story, but the opinions are the author's own. Compensation may impact where offers appear. We have not included all available products or offers. Learn more about how we make money and our editorial policies.

The Clear Platinum Visa Credit Card with $2,000 Credit Limit

3.0

OUR VIEW

There are better credit cards available than The Clear Platinum Visa Credit Card with $1,000 Credit Limit(Rates and fees) and The Clear Platinum Visa Credit Card with $2,000 Credit Limit(Rates and fees). This is mainly because you have to pay monthly membership fees, which severely limits the value of this card.

These cards could make sense if you typically carry a balance. I generally don’t recommend carrying a balance, but with these cards, you don’t have to worry about interest charges.

Let’s dig into the details to see if either of these cards is the right fit for you.

Apply Now Jump to full review

Pros

No interest charges

Cell phone protection

Emergency card replacement

Cons

No rewards on purchases

Low credit limit

How we evaluate products

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

What happens if I miss a payment on The Clear Platinum Visa Credit Card with $1,000 Credit Limit?

The Clear Platinum Visa Credit Card with $1,000 Credit Limit charges $0 late payment fee if you miss a payment. So you don’t need to worry about additional costs with this card. But you do have to make predictable minimum payments each month, depending on your balance and your card version.

Can I change my Clear Platinum Visa credit limit?

No, each variation of the card comes with a fixed credit limit. You would receive either a $1,000 or $2,000 credit limit, depending on the version of the card. Keep in mind that they’re essentially the same card with the same benefits, but you have different credit limits, monthly fees, and minimum monthly payments.

How can I access Clear Platinum Visa benefits?

The Clear Platinum Visa comes with a cell phone protection benefit, which you can access with your TD account by using www.cardbenefitservices.com (not TD Bank’s website) or calling 1-866-894-8569 to file claims. Note that this benefit is supplemental to any other insurance policy you might have that provides cell phone protection.

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).

Card	Intro APR offers	Rewards rates	Annual fees
BankAmericard^® credit card	0% intro APR for 18 billing cycles for any qualifying balance transfers made in the first 60 days (then 16.24% - 26.24% Variable) 0% intro APR for 18 billing cycles on purchases (then 16.24% - 26.24% Variable)	None	$0
Wells Fargo Active Cash^® Card	0% intro APR for 12 months from account opening on qualifying balance transfers (then 20.24%, 25.24%, or 29.99% Variable) 0% intro APR for 12 months from account opening on purchases (then 20.24%, 25.24%, or 29.99% Variable)	Earn unlimited 2% cash rewards on purchases	$0
The Clear Platinum Visa Credit Card with $1,000 Credit Limit	None	None	$0 - 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	None	None	$0 - Instead pay a $20 Monthly Membership Fee ($240 annualized) with a $2,000 credit limit

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.