Citi Simplicity vs. Clear from American Express

There are some people who look for credit cards with the best rewards or the lowest interest rates. But then there are those who just want the card with the lowest fee and the most simple terms and conditions. In fact, President Obama actually met with credit card executives back in 2009 and asked if they could each offer a “plain vanilla” credit card.

Personally, I have a hunch that Mr. Obama might have experienced his own frustration with credit cards as a young adult. If so, then he is one...