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

CREDIT CARDS - NO ANNUAL FEE CREDIT CARDS
The The Clear Platinum Visa Credit Card with $1,000 Credit Limit, which comes in two variations, don’t offer rewards and charge monthly fees.
Updated July 18, 2024
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We think there are better credit cards available than the The Clear Platinum Visa Credit Card with $1,000 Credit Limit if you want a low APR on purchases. This is mainly because you have to pay monthly membership fees, which severely limits the value of these cards.

The The Clear Platinum Visa Credit Card with $1,000 Credit Limit come in two variations and could make sense if you typically carry a balance. We generally don’t recommend carrying a balance, but the The Clear Platinum Visa Credit Card with $1,000 Credit Limit have 0% APR on purchases, so you don’t have to worry about interest charges.

Let’s dig into the details of our The Clear Platinum Visa Credit Card with $1,000 Credit Limit review to see if these cards are the right fit for you.

Pay No Interest

The Clear Platinum Visa Credit Card with $1,000 Credit Limit
3.0

The Clear Platinum Visa Credit Card with $1,000 Credit Limit

Current Offer

Pay a simple fee and predictable minimum payment each month

Annual Fee

$0 - Instead pay a $10 Monthly Membership Fee ($120 annualized) with a $1,000 credit limit

Benefits and Drawbacks
Card Details

In this The Clear Platinum Visa Credit Card with $1,000 Credit Limit review

Key takeaways

  • We don’t think the The Clear Platinum Visa Credit Card with $1,000 Credit Limit make sense unless you typically carry a balance, which we don’t recommend as a personal finance strategy for credit cards in general.
  • The The Clear Platinum Visa Credit Card with $1,000 Credit Limit have $0 annual fees. Instead pay a $10 Monthly Membership Fee ($120 annualized) with a $1,000 credit limit.
  • The The Clear Platinum Visa Credit Card with $1,000 Credit Limit have 0% APR on purchases.

Who should get the The Clear Platinum Visa Credit Card with $1,000 Credit Limit?

If you want a straightforward card that could help you control your spending, consider one of the variations of the The Clear Platinum Visa Credit Card with $1,000 Credit Limit. 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 The Clear Platinum Visa Credit Card with $1,000 Credit Limit don’t offer 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, with 0% APR on purchases.

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

The The Clear Platinum Visa Credit Card with $1,000 Credit Limit come with $0 annual fees. Instead pay a $10 Monthly Membership Fee ($120 annualized) with a $1,000 credit limit.

These membership fees, when viewed annually, are considerably higher than many other credit cards from other financial institutions, including cards that provide rewards for making eligible purchases.

The Clear Platinum Visa Credit Card with $1,000 Credit Limit basics

The Clear Platinum Visa Credit Card with $1,000 Credit Limit
Card features
  • 0% APR on purchases
  • $0 late payment fees
  • $45 or $75 predictable minimum payment, inclusive of the monthly fee
Card type Low interest
Credit card issuer TD Bank
Credit card network Visa
Annual fees $0
Monthly fees Instead pay a $10 Monthly Membership Fee ($120 annualized) with a $1,000 credit limit
APR 0% on purchases
Recommended credit score Excellent, Good
Foreign transaction fees $0

Why we like the The Clear Platinum Visa Credit Card with $1,000 Credit Limit: benefits and perks

  • Two card options: You can choose to apply for the TD Clear Visa Platinum Credit Card with $1,000 Credit Limit or the TD Clear Visa Platinum Credit Card with $2,000 Credit Limit, depending on your credit needs.
  • Predictable payments: Make a predictable $45 or $70 minimum payment toward your balance, depending on the card version.
  • Few fees: The The Clear Platinum Visa Credit Card with $1,000 Credit Limit have $0 late payment fees and $0 foreign transaction fees.
  • Low APR: The The Clear Platinum Visa Credit Card with $1,000 Credit Limit have 0% APRs on purchases. Note that these aren’t intro APR offers that only last a certain amount of time. These APRs are permanent.
  • Visa credit card benefits: Both versions of the The Clear Platinum Visa Credit Card with $1,000 Credit Limit come with Visa Platinum benefits, such as cell phone protection and roadside dispatch.

What we don’t like about the The Clear Platinum Visa Credit Card with $1,000 Credit Limit: drawbacks

  • Monthly cost: These cards have $0 annual fees. Instead pay a $10 Monthly Membership Fee ($120 annualized) with a $1,000 credit limit. For no monthly or annual fees, check out our list of no-annual-fee credit cards.
  • No rewards: The The Clear Platinum Visa Credit Card with $1,000 Credit Limit don’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.

The Clear Platinum Visa Credit Card with $1,000 Credit Limit FAQ

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

The The Clear Platinum Visa Credit Card with $1,000 Credit Limit charge $0 late payment fees if you miss a payment. So you don’t need to worry about additional costs with these cards. But you do have to make predictable minimum payments each month, depending on your balance and your card version. These minimum payments are either $45 or $70 per month, inclusive of the monthly fee. Late payments could also negatively impact your credit score.

Can I change my The Clear Platinum Visa Credit Card with $1,000 Credit Limit credit limit?

No, each variation of the The Clear Platinum Visa Credit Card with $1,000 Credit Limit comes with a fixed credit limit. You would receive either a $1,000 or $2,000 credit limit, depending on the version of the The Clear Platinum Visa Credit Card with $1,000 Credit Limit you apply for. 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 the The Clear Platinum Visa Credit Card with $1,000 Credit Limit benefits?

The The Clear Platinum Visa Credit Card with $1,000 Credit Limit come 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 The Clear Platinum Visa Credit Card with $1,000 Credit Limit 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. See how they compare against the The Clear Platinum Visa Credit Card with $1,000 Credit Limit.

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 15 months from account opening on qualifying balance transfers (then 20.24%, 25.24%, or 29.99% Variable)

0% intro APR for 15 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 No intro APR offer, but has an ongoing 0% APR on purchases None $0 - Instead pay a $10 Monthly Membership Fee ($120 annualized) with a $1,000 credit limit

The The Clear Platinum Visa Credit Card with $1,000 Credit Limit have a 0% APR on purchases, which means interest doesn’t accrue on your balance. You’d pay $0 annual fees. Instead pay a $10 Monthly Membership Fee ($120 annualized) with a $1,000 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 The Clear Platinum Visa Credit Card with $1,000 Credit Limit have 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.

Pay No Interest

The Clear Platinum Visa Credit Card with $1,000 Credit Limit
3.0

The Clear Platinum Visa Credit Card with $1,000 Credit Limit

Why We Like It

Pay a simple fee and predictable minimum payment each month

See how these cards compare:

Wells Fargo Active Cash® Card
Wells Fargo Active Cash® Card
  • 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
  • Rates and fees

The Clear Platinum Visa Credit Card with $1,000 Credit Limit: bottom line

The The Clear Platinum Visa Credit Card with $1,000 Credit Limit likely only make sense if you plan to carry a balance. We typically don’t recommend carrying a balance on credit cards because of high interest rates, but the The Clear Platinum Visa Credit Card with $1,000 Credit Limit have 0% APRs on purchases, so you really only have to worry about paying the monthly membership fee.

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

Author Details

Ben Walker, CEPF, CFEI® Ben Walker, CEPF, CFEI®, is credit cards specialist. For over a decade, he's leveraged credit card points and miles to travel the world. His expertise extends to other areas of personal finance — including loans, insurance, investing, and real estate — and you can find his insights on The Washington Post, Debt.com, Yahoo! Finance, and Fox Business.