|
Clear from American Express
is an instant approval credit card that has no annual fees. This is
about as straight-forward that owning a credit card gets. No
complicated formulas or obtuse verbiage to wade through here. The Amex
Clear card gives card holders a simple to understand, yet generous
rewards program. Simply stated, when certain spending limits are
reached, a gift card is sent to the card holder in the mail. It's
refreshing to see a rewards program that doesn't require a degree from
MIT to figure out.
As stated before there are
no annual fees with this card but it gets better than that. In fact,
the best thing about this card is that it has no fees of any kind. No
balance transfer fees, no cash advance fees and no over the limit fees.
It is your choice to pay in full each month or carry a balance from one
billing cycle to the next. When you apply online you will know in about
60 seconds if you have been approved through the American Express
express approval system. It's always nice to know where you stand
without having to wait.
If you do carry a balance
the interest rate charged will be based on your current credit history.
The APR for this credit card offer is reasonable compared to that of
some other rewards cards offered through other banks and credit card
issuers. The American Express Clear Card features additional
perks and benefits including a free year end credit report and score,
purchase protection, extended warranty, emergency card replacement,
travel accident insurance, auto rental insurance, medical referral
services, legal referral services and more.
|