Two kinds of polyarylates with diphenylamine-fluorene units were synthesized from the bisphenol monomer “ N, N-di(4-hydroxyphenyl)-2-amino-9,9-dimethylfluorene” with two different benzenedicarbonyl chlorides. These polyarylates were highly soluble in N, N-dimethylacetamide, tetrahydrofuran, and chloroform and could be easily solution-cast into transparent films. Both of the polyarylates exhibited a couple of reversible redox with half-wave potentials in the range of 0.87–0.90 V. During the electrochromic process, the color of the film changed from colorless (neutral state) to grey green (oxidation state) with a high coloration efficiency of 242 cm2 C−1. Compared with the polyarylates prepared from terephthaloyl chloride, the polyarylates prepared from isophthaloyl chloride exhibited enhanced fluorescence because of the reduced charge-transfer effect. Furthermore, its fluorescence could be reversibly switched under the applied potentials.