CareCredit is a division of Synchrony Financial ... The card isn't part of the Visa and Mastercard payment network, so it can't be used for everyday purchases. It's often a way for doctors ...
Is care credit worth it?
The CareCredit® credit card was designed to ease the burden of expensive medical bills. For no annual fee, you may receive special financing on qualifying purchases at over 225,000 providers of health and wellness services and products. The card is a fine choice — but only if used properly.
Is CareCredit an actual credit card?
The CareCredit card works like a credit card, but can only be used to cover traditional medical insurance copayments on covered services. The card can also be used for elective medical procedures that are not covered by traditional insurance plans.
Is care credit card a visa or MasterCard?
While there is a Mastercard version of the CareCredit Credit Card, it is only available to select cardholders through an upgrade. The CareCredit Credit Card applicants initially get approved for is specifically designed to offer special financing for eligible health care services and products, and it can only be used for such transactions.
Does CareCredit accept payment by credit card?
Synchrony's CareCredit has entered into agreements with a broad range of healthcare providers that will accept its credit card as payment for their services. Synchrony is one of the largest...
What kind of card is CareCredit?
healthcare credit cardWhat is CareCredit? CareCredit is a healthcare credit card designed for your health, and wellness needs. It's a way to pay for the costs of many treatments and procedures and allows you to make convenient monthly payments.
Does CareCredit have a Visa logo?
HSA and FSA cards are issued under the 4 major cards brands (Visa, MC, American Express, Discover) and will display the logo of these brand. Care Credit cards do not have a major card brand logo. Care Credit must be accepted on an outside terminal or you can contact Care Credit to explore other options.
Is CareCredit the same as a credit card?
CareCredit is different from a regular credit card. Use it to pay for out-of-pocket expenses not covered by medical insurance, and special financing options are available that you may not be able to get with other cards. Pay for health, and wellness care at over 250,000 enrolled providers across the nation.
Can I use a CareCredit card anywhere?
If you got upgraded to (or applied for) the CareCredit Rewards Mastercard, you can definitely use that anywhere. Only the regular one is for medical stuff; the Mastercard has no such restrictions. Still, obviously you'll get better rewards if you use it for healthcare.
Does CareCredit hurt your credit?
CareCredit Requirements CareCredit allows anyone to check if they qualify for a card. This option won't affect your credit score. In order to apply, you will need to provide Synchrony with the following information: Name.
What bank is CareCredit through?
Synchrony BankNo, all CareCredit payments must be made directly to Synchrony Bank. Click here for more information on managing your account.
Can I withdraw money from my CareCredit card?
WalletHub, Financial Company Unfortunately, the CareCredit card does not offer cash advance options, as it was designed to cover healthcare costs only. If you need a credit card that enables you to get cash advances, check out our Editor's Best here: /best-credit-cards.
Can I use my CareCredit card for gas?
Use your Synchrony Car Care™ credit card for everything your car needs to stay on the go, including gas, tires, brakes, repairs, maintenance, and more!
What credit score do you need for CareCredit?
640 or betterThe credit score you need for the CareCredit Credit Card is 640 or better. That means people with at least fair credit have a shot at getting approved for this card.
How much does CareCredit approve you for?
Let's look at CareCredit, one of the most common medical credit cards. A CareCredit card has a maximum credit limit of $25,000. For charges of $200 or more, CareCredit offers "no-interest" promotional periods of six, 12, 18 and 24 months, depending on the provider.
Is it easy to get approved for CareCredit?
For the best approval odds with CareCredit, you'll need a credit score of 620 or higher. However, some users report approval with scores around 600. If you're score is lower than 600 you'll have a hard time getting approval.
Can I use my CareCredit card at Walgreens?
Yes, you can use your CareCredit credit card at all Walgreens and Duane Reade locations across the United States. To pay, simply swipe or insert your card as you would any other credit card.
Does CareCredit have a Mastercard?
WalletHub, Financial Company The CareCredit Credit Card is neither a Visa, nor a Mastercard. While there is a Mastercard version of the CareCredit Credit Card, it is only available to select cardholders through an upgrade.
Can you use CareCredit without the card?
The digital card, successfully piloted in 2014 with a number of Synchrony retail partners, allows cardholders to access a digital version of their CareCredit healthcare credit card on their mobile device, eliminating the need to bring their card with them at the time of care.
Can I use my CareCredit card at an ATM?
You can get a CareCredit Mastercard cash advance at any ATM or with the convenience checks they send you. In addition, they will treat any purchase of certain cash like items as cash advances.
Can I use my CareCredit card for gas?
Use your Synchrony Car Care™ credit card for everything your car needs to stay on the go, including gas, tires, brakes, repairs, maintenance, and more!
Where can I use my Care Credit card?
You can use your CareCredit Credit Card in more than 225,000 healthcare providers in the U.S. You can also use your card to purchase pharmaceutic...
What does SYNCB/CARECR mean on my credit report?
SYNCB/CARECR stands for “Synchrony Bank/CareCredit.” It refers to the CareCredit Card, which is issued by Synchrony Bank. The card can be used to p...
What's the CareCredit card phone number for customer service?
The CareCredit Credit Card phone number for customer service is (866) 893-7864 . In case you're not a cardholder yet, call (800) 677-0718 inst...
Where can I check my CareCredit card balance?
To check your CareCredit Credit Card balance, log in to your CareCredit account online or call credit card customer service at (866) 955-7070...
Is CareCredit card a Visa or Mastercard?
The CareCredit Credit Card is neither a Visa, nor a Mastercard. While there is a Mastercard version of the CareCredit Credit Card , it is only a...
How do I increase my CareCredit Card credit limit?
You can request a CareCredit Credit Card credit limit increase by calling customer service at (866) 893-7864 . To raise your chances of being ap...
How can I get a CareCredit Credit Card PIN?
You can obtain a CareCredit Credit Card PIN by calling 877-295-2080. Representatives are available from 8am – 5pm Monday to Friday, Central Standar...
What's the starting credit limit for the CareCredit card?
The CareCredit Credit Card 's starting credit limit isn't disclosed. Each approved applicant's credit limit will be determined based on a couple o...
How can I buy a gift card with my CareCredit credit card?
You cannot buy a gift card with your CareCredit credit card. This is a card dedicated for healthcare and wellness related purchases and can only be...
1. You can use it only on certain health care purchases
You can use the CareCredit Card at health care and wellness providers that have enrolled in CareCredit. While a wide variety of providers and businesses accept the CareCredit Card, your preferred doctor may not.
4. Your account is available immediately upon approval
You can’t always predict when you’ll be subject to a big medical bill, but you can use a new CareCredit Card account the moment your application is approved, even if your physical card hasn’t arrived in the mail yet. That means you can apply from the doctor’s office and use the card to pay your bill.
What does Syncb/CareCR stand for?
SYNCB/CARECR stands for “Synchrony Bank/CareCredit.” It refers to the CareCredit Card, which is issued by Synchrony Bank. The card can be used to pay for medical expenses at the 200,000+ U.S. medical facilities that are part of Synchrony Bank’s CareCredit Network.
Can you see Syncb on your credit report?
You may see SYNCB/CARECR on your credit report if you have the CareCredit Card or you recently applied for it. If you don’t have a CareCredit Card, you shouldn’t see that phrase on your report, so it’s worth investigating if it turns up. You can give Synchrony a call at (866) 893-7864, for starters.
What is Care Credit?
Care Credit was designed to help people afford out-of-pocket healthcare costs for themselves, their families, and even the family pet. It is best known for the 6, 12, and 18-month interest-free payment plans and, until recently, could only be used towards medical-related expenditures at their network of 200,000 participating healthcare providers.
How much can you redeem on a statement credit card?
Statement Credit and gift cards can only be redeemed at specific point intervals for the following amounts: $10, $25, $50, $100, and $250. In terms of travel redemption, things become much less straightforward and much more manual.
Is Care Credit a good credit card?
Overall, the CareCredit® Rewards™ Mastercard™ is an invaluable healthcare credit card with universal appeal. Thanks to its two-pronged benefit structure, cardholders will find this application well worth the hard pull from day 1 to 1,000.
Does Care Credit pay for vet bills?
Instead, it offers something even better: ongoing special financing options for medical and healthcare procedures—which even includes treatment for pets! Yes, you heard right – Care Credit does pay for veterinary bills at select vets and animal hospitals. This means animal-lovers never have to worry if their four-legged friend (or bird, lizard, or any other pet) is covered.
Does Bestcards include all card companies?
BestCards does not include all card companies or all card offers available in the marketplace. Editorial Disclosure. close ×. Editorial Disclosure – The opinions expressed on BestCards’ reviews, blogs, and all other content on or relating to the website are solely those of the content’s author.
Do rewards cards have bonus categories?
The bonus categories are uncommon and give cardholders to earn rewards on the types of purchases most other rewards cards neglect. While the bonus rates aren’t particularly generous, they’re likely more than what cardholders would receive with other general use cards.
What is the selling point of a credit card?
The top selling point for the card is its promotional financing terms. As mentioned earlier, there are two ways to take advantage of promotional financing:
How long does no interest financing last?
No-interest financing. With the no interest financing plan, you pay zero interest on your balance as long as it’s paid in full before the promotional period ends. The promotional periods are either: 6 months.
What is no interest financing?
With the no interest financing plan, you pay zero interest on your balance as long as it’s paid in full before the promotional period ends.
Is the FICO card only for medical expenses?
Again, this card is only for medical expenses so that limits you in terms of extras. You’ll need to look elsewhere for things like free FICO score access, travel benefits or extended warranty programs.
Is it worth looking at medical insurance?
It’s worth a look if you’ve got a large medical expense to cover or you want some flexibility in how you pay for things like co-pays or repeat treatments.
Should You Get The CareCredit Credit Card?
The CareCredit card is a winner if you need a convenient , flexible way to pay for one-time or recurring medical expenses.
Card overview
Promotional financing available for 6 or 12 months on health, wellness and pet care purchases of $200+
Alternate financing options
Rather than risk deferred interest on the CareCredit® credit card‘s shorter financing plans, or accepting a higher APR for one of the card’s longer plans, consider asking your healthcare provider about a payment plan.
CareCredit Special Financing
CareCredit is specifically designed to provide a revolving credit solution for health care services and products that help to satisfy cardholders' health and wellness needs. 6
Long-Term Financing
CareCredit also offers longer-term financing promotions. Longer-term financing for 24, 36, 48, or 60-month periods can include a reduced rate of interest. Purchases must be $1,000 or more to be eligible for the 24, 36, or 48-month promotion. The 60-month promotion requires a purchase of $2,500 or more. 6
Finding a Provider
As discussed above, CareCredit is offered by Synchrony Financial. 4 The card does not represent a replacement for medical insurance policies. It only seeks to help individuals pay for their out-of-pocket costs that are not covered by medical insurance. 6
