TD Clear Platinum

With the TD Clear Visa Platinum Credit Card you can either choose a $1,000 credit limit card or a $2,000 credit limit ca

With the TD Clear Visa Platinum Credit Card you can either choose a $1,000 credit limit card or a $2,000 credit limit card (you will still need to be approved for the limit you choose). Based on that limit, you will have to pay a $10 monthly fee or $20 monthly fee respectively, as the card membership fee. You don't pay any interest on the card, however, the monthly fee acts as a 10% "interest rate" which you pay automatically as if you maxed out the card. So instead of paying interest only if you have a balance, you are paying a 10% fee every month. If you plan to max out the card, then this card is good for you because the fee is less than the average interest rate on credit cards. But if you don't max out your cards, you are better off going with a regular card that has interest. Then you pay interest only if you have a balance, not as an automatic monthly fee.