We think there are better credit cards available than 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 this card.
The Clear Platinum Visa Credit Card with $1,000 Credit Limit could make sense if you typically carry a balance. We generally don’t recommend carrying a balance, but The Clear Platinum Visa Credit Card with $1,000 Credit Limit has 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 this card is the right fit for you.
Pay No Interest
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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
- Key takeaways
- Who should get The Clear Platinum Visa Credit Card with $1,000 Credit Limit?
- The Clear Platinum Visa Credit Card with $1,000 Credit Limit basics
- Why we like The Clear Platinum Visa Credit Card with $1,000 Credit Limit: benefits and perks
- What we don’t like about The Clear Platinum Visa Credit Card with $1,000 Credit Limit: drawbacks
- The Clear Platinum Visa Credit Card with $1,000 Credit Limit FAQ
- Other credit cards to consider
- The Clear Platinum Visa Credit Card with $1,000 Credit Limit: bottom line
Key takeaways
- We don’t think The Clear Platinum Visa Credit Card with $1,000 Credit Limit makes sense unless you typically carry a balance, which we don’t recommend as a personal finance strategy for credit cards in general.
- The Clear Platinum Visa Credit Card with $1,000 Credit Limit has $0 annual fees. Instead pay a $10 Monthly Membership Fee ($120 annualized) with a $1,000 credit limit.
- The Clear Platinum Visa Credit Card with $1,000 Credit Limit has 0% APR on purchases.
Who should get 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 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 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 Clear Platinum Visa Credit Card with $1,000 Credit Limit comes with $0 annual fees. Instead pay a $10 Monthly Membership Fee ($120 annualized) with a $1,000 credit limit.
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.
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 |
|
| 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 Clear Platinum Visa Credit Card with $1,000 Credit Limit: benefits and perks
- There are two card options: Depending on your credit needs, you can apply for the TD Clear Visa Platinum Credit Card with a $1,000 Credit Limit or the TD Clear Visa Platinum Credit Card with a $2,000 Credit Limit.
- Predictable payments: Depending on the card version, make a predictable $45 or $70 minimum payment toward your balance.
- Few fees: The Clear Platinum Visa Credit Card with $1,000 Credit Limit has $0 late payment fees and $0 foreign transaction fees.
- Low APR: The Clear Platinum Visa Credit Card with $1,000 Credit Limit has 0% APRs on purchases. Note that this isn't an intro APR offer that only lasts a certain amount of time. The APRs are permanent.
- Visa credit card benefits: The Clear Platinum Visa Credit Card with $1,000 Credit Limit comes with Visa Platinum benefits, such as cell phone protection and roadside dispatch.
What we don’t like about The Clear Platinum Visa Credit Card with $1,000 Credit Limit: drawbacks
- Monthly cost: This card has $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 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.
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 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.
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 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 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 Clear Platinum Visa Credit Card with $1,000 Credit Limit benefits?
The Clear Platinum Visa Credit Card with $1,000 Credit Limit 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 Card with $1,000 Credit Limit doesn'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 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 Clear Platinum Visa Credit Card with $1,000 Credit Limit has 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 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.
Pay No Interest
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:
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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
Bottom line
The Clear Platinum Visa Credit Card with $1,000 Credit Limit likely only makes 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 Clear Platinum Visa Credit Card with $1,000 Credit Limit has 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 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.
