www.americanexpress.com/clear

Clear From American Express® (see www.americanexpress.com/clear) is a unique credit card in that it offers consumers a reprieve from every type of credit card fee.  Specifically, Clear charges no annual fee, no cash advance fees, no balance transfer fees, no over-the-limit fees, and no late fees. 

In addition to offering no fees, Clear offers a 1% rewards program that gives consumers a $25 giftcard to a wide range of retailers for every $2,500 spent as well as a 0% APR for up to 12 months on purchases.

Among the many benefits Clear offers, one that consumers should not take advantage of is the waiver of late fees.  Although there is no charge for paying late, there are a number of negative consequences that can arise from paying this, as well as any other, credit card late.  Namely, a late payment can result in a higher interest rate, a negative report to credit bureaus, and the rescinding of 0% promotional rates.

Thus, once you apply and get Clear From American Express® be sure to take advantage of every benefit offered except the no late fee option.  For more information, you can compare American Express credit card offers at SmartCreditChoices or apply for clear at www.americanexpress.com/clear.