Who is CareCredit good for? A CareCredit credit card may help you afford a medical procedure not covered by insurance, or pay for a needed surgery. If you're confident you can pay off your medical bills within CareCredit's promotional period, applying may be worth it so that you can stretch out your payments over time.Dec 7, 2020
Does CareCredit hurt your credit?
Does Applying For Care Credit Hurt (Or Affect) Your Credit Score? Applying for CareCredit creates a hard inquiry on your credit report — reducing your score by around 5 points.
Is CareCredit a real credit card?
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.
Will closing a CareCredit card hurt my credit?
No closing it won't damage your credit. You will lose that limit from your utilization, and you will lose the card from your average age of accounts once it falls off your credit reports, but it's possible neither of those events would affect your score at all.
Is CareCredit a hard or soft inquiry?
Applying for CareCredit creates a hard inquiry on your credit report — reducing your score by around 5 points. If the information isn't accurate you can dispute the inquiry w/ help from a repair expert like Credit Glory.
Does CareCredit accept anyone?
CareCredit is accepted at over 250,000 providers nationwide for LASIK and Vision Care, Cosmetic and Dermatology Procedures, Dentistry, Veterinary, Hearing Care and other specialties. CareCredit is now also accepted at select retail locations.
Can I use CareCredit at any doctor?
CareCredit is a dedicated line of credit patients can use at any enrolled healthcare provider. It can also be used at dozens of healthcare specialties including OB/GYN, diagnostic needs, and outpatient surgery centers.
How many people use CareCredit?
And if you jump ahead to where we are today, the CareCredit credit card is accepted at more than 250,000 enrolled provider and health-focused retail locations and is used by more than 11 million + cardholders.
Where is CareCredit accepted online?
Store Store Type
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Bowflex Fitness Equipment
Nautilius Fitness Equipment
Byte Invisible Teeth Aligners
Pets Best Pet Insurance
How much credit can you get with CareCredit?
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. If you pay off your purchase within your promotional period, no interest will be charged.
Does CareCredit Give credit line increases?
You can request a CareCredit Credit Card credit limit increase by calling customer service at (866) 893-7864. Synchrony will be more likely to increase your credit limit if the revised income clearly shows that you can afford a higher limit.
What is a normal credit limit?
In 2020, the average credit card credit limit was $30,365, according to Experian data. However, average credit card limits also vary by age range, and people who are new to credit or rebuilding their credit may have lower credit limits.Dec 6, 2021