Care Credit, a group part of the GE Capital was founded in 1987 and was initially offered as a service to doctors to help their patients financially for new dental implant technology. Since then care credit has grown into an organisation that offers complete healthcare financing for its consumers across a network of over 150,000 employees. Insurance companies often shy away from including or covering certain financing options under their schemes, for all such choices, in Care Credit, you get a great option of securing special financing options.
An Overview: Care Credit
New and continued advancements in technology have opened new dimensions to personal financing options. Care Credit gives you the option of covering all your health, personal care and beauty related expenses through a credit card facility. The Care Credit healthcare credit card makes managing your out-of packet healthcare and personal care expenses, swift and effortless. There is no limit on the number of times the credit card can be used and it covers the healthcare expenses not only for the individual that directly own it, but also for those who are directly associated with the person including family and even the special members of the families, namely pets. With Care Credit you can select the scheme of your choice from various available options, each having one thing in common i.e. providing the clients with a better and broader spectrum of financing options. Given that in the present time, creditability of any firm is one of the major departments that each one of us wants to be assured of, Care Credit’s association with one of the nation’s most trusted and credible financing banks, namely GE Capital gives you the much needed assurance about your financial healthcare scheme.
However, it is important to note that Care Credit is not an insurance policy provider, rather it offers healthcare credit card for your personal needs and their services can be enjoyed along with your insurance policy that you have deployed or plan to deploy. The qualification for a Care credit account is purely on the basis of your credit history and approval or rejection directly depends on the same. Care credit therefore, helps you pay the costs that are not covered by your ongoing insurance policy.
What makes Care Credit better than other healthcare finance companies?
Care Credit is just not another healthcare finance distributor, but it provides a complete personal finance and even covers the expenses that exceed your insurance coverage. Care Credit gives you a luxury of choosing a special financing options out of their illustrious stack of financing schemes, every time you make a purchase of 200$ or more using their credit card.
The credit card can be used for deductibles and co-payments, ideally in the following departments:
- Dental care
- Eyeglasses and contacts
- Veterinary medicine
- Hearing care
- Cosmetic treatments and surgery
You can enjoy the Care Credit services by applying online which will securely transfer your application to the organisation’s patriarch GE Capital Retail Bank, or you can use the Care Credit facilities at over 150,000 providers who accept their Credit Card. If you have applied for a credit card at Care Credit, and you application has been approved, you can start using its services without even receiving the credit card.
The key benefits of using Care Credit as your healthcare finance are:
Special Financing Options
One you have made a purchase of in excess of 200$ using the credit card account, you qualify for the special financing option that includes no interest for those who pay the amount pertaining to the promotional purchase within 6, 12 or 18 months from the purchase date.
Others are entitled to pay minimum monthly payments by the end of promotional period.
Reduced Interest 14.90% APR and Extended Special Financing Options
After making a purchase of over 1000$ with your credit card account, you qualify for an extended 24, 36 or 48 months offer that gives you the option of repaying within the extended time limit. The extended offer also includes a reduced interest rate of 14.90% for all the account holders that qualify for this special financing option.
Applying for Care Credit is a very fast and easy process that involves the following steps:
- First search and choose a doctor from the list of doctors, who fits your requirements.
- You can then simply convey the company about your plans on how to use the credit card account and simultaneously apply for the same.
- For the application part, you need to submit a one-page document, to which you will receive an answer immediately from the staff at Care Credit.
- You can even directly contact Care Credit’s staff members over phone by using their toll free number (800) 677-0718.