Did you know that it’s possible to have a credit card that also works as a loan for medical and health purposes? In this CareCredit® card review we’ll explain to you just how that works.

Everyone knows it can be challenging to pay for health and pet care in general, including labs, clinics, supplies, pharmacies, hospitals, dentistry, and everything related to it.

That is why credit cards specially designed for health care are being launched in the US. CareCredit is one of them.

But it doesn’t work like a credit card as we are already used to, and it is not a financial loan.

So, keep reading to learn everything about it before taking the next step of applying for one.

CareCredit is a card specially designed for those who want a helpful resource when it comes to health and pet care.

It seems like a credit card, but it works like a loan.

First of all, it includes animal & pet care, chiropractic, cosmetic treatments, dentistry, dermatology, fitness, access to health systems & hospitals, labs & diagnostics, pharmacies, personal care, clinics, and much more.

Secondly, you can use it to pay off medical bills that aren’t covered by your insurance. The thing is that it offers better financing options than traditional loans and other cards.

In summary, you can choose financing options. And the interest charged will imply considering the term you select and payments you make. So, you can pay off your bills through 6, 12, 18, or 24 months, and if you manage to make the minimum payment for purchases of at least $200, there won’t be interest charged.

Also, the card allows you to extend the term and financing options. But, higher interest will be applied.

Moreover, it is essential to remember that interests will be applied in case you won’t manage to pay off your debt in the period chosen, as happens with any other type of credit.

Carecredit offers you the possibility to prequalify with no hard inquiry. Furthermore, there is no activation fee associated with this card.

The issuer provides promotions on the website, as well as a payment calculator and mobile app.

CareCredit® is a tool for those who need help to pay off medical bills the insurance doesn’t cover. In case you don’t want to appeal for loans, this card might be a good alternative.

It offers flexible financing options with competitive rates. 

In addition, the services covered include a full range of medical and vet treatments. 

Plus, it provides resources and a mobile app for your convenience. 

If your insurance doesn’t cover all services related to health care, this card might be an excellent alternative for you since it works like a loan but with more competitive rates than those resources.

Unfortunately, it doesn’t disclose this information.

If you need help to pay for your medical bills, find out how to apply for a CareCredit card below!