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ClearCred Launches Waitlist for App That Turns Credit Cards Into Debit Cards

ClearCred Launches Waitlist for App That Turns Credit Cards Into Debit Cards

New York, NY - ClearCred has officially launched the waitlist for its new mobile app that helps users treat credit cards like debit cards, by automatically setting aside funds for every purchase and optimizing when and how users pay off their balances, ClearCred aims to eliminate overspending and interest charges without sacrificing rewards or credit score benefits.

The Problem: Credit Cards Were Never Designed for Your Wallet. Americans now owe over $1.2 trillion in credit card debt. Most make only minimum payments, allowing interest and fees to quietly pile up. ClearCred tackles this by reserving funds in real-time and paying off balances frequently—turning unpredictable debt into a controlled, debit-like experience.

How ClearCred Works

Link Cards and Bank Accounts – Using Plaid, users securely connect their accounts.

Auto-Reserve Funds – Every credit card transaction triggers a matching “store-away” from the user’s checking account.

Automated Payoff – These funds are used to pay off balances regularly, preventing interest and reducing utilization.

Flexible Strategy – Choose your method: Snowball, Avalanche, or Dollar-for-Dollar—ClearCred’s default method.

Pricing Model - ClearCred is currently free during the beta phase. After launch, pricing will be $10/month with a free trial.

Debt-Free Living – Credit cards become cash-like without the risk.

Credit Score Optimization – Lowers utilization with frequent payments.

Maintain Rewards – Still earn cash back, points, and perks.

Budget-Smart – Spending is matched by real-time saving.

Early Access Momentum

ClearCred has already attracted attention across Reddit and Hacker News. Founder Frank DiGiacomo, who built the MVP solo, says:

“Credit cards are one of the most profitable product banks offer. Merchant fees, interest charges, other hidden fees, and even selling transaction data. We try flip that script so users can enjoy the benefits of a credit card without the risk.”

What’s Next?

Public Launch in the coming months

Expanded Payoff Modes (goal-based, minimum buffer, dynamic risk levels)

Financial Education Hub – A growing blog and toolkit covering debt traps, merchant fees, and interest optimization

iOS + Android App Rollout – Coming soon (not yet live on Google Play or App Store)

ClearCred isn’t just another budgeting tool—it’s a behavioral shift. With the waitlist now open at clearcred.app, users can get early access to a smarter way to use credit: by treating it like debit—without losing out on rewards, protections, or credit score growth.

About ClearCred

ClearCred is a consumer-first fintech startup helping Americans escape the credit card interest trap. Built with automation, transparency, and discipline at its core, the company is headquartered in New York and backed by users who are tired of playing by the banks’ rules.

Media Contact
Company Name: ClearCred
Contact Person: Frank DiGiacomo, Founder
Email: Send Email
Country: United States
Website: https://www.clearcred.app/

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