Financial Glossary

  • Promotional Period
  • Promotional Financing
  • Finance Charges
  • Minimum Monthly Payment
  • Revolving Line of Credit

Promotional Period:

The pre-determined time period during which your account has special financing terms. CareCredit offers two types of promotional financing plans.

Promotional Financing:

CareCredit offers two types of promotional financing plans: 1) No Interest if Paid in Full Within 6, 12, 18 or 24 Months* plans on purchases made with your CareCredit credit card account. Not all promotional plans are available at all Participating Professionals. Interest will be charged to your account from the purchase date if the promotional purchase is not paid in full within the promotional period or if you make a late payment. Minimum Monthly Payments Required and may pay off purchase before end of promo period. 2) 14.90% APR and Fixed Monthly Payments Required Until Paid in Full** on purchases made with your CareCredit credit card account. Fixed monthly payment amount based on repayment over 24, 36, 48 or 60 month period. Purchases of $1000 or more are eligible for a 24, 36 or 48 month offer and purchases of $2500 or more are eligible for a 60 month offer. Not all promotional plans are available at all Participating Professionals.

*/**Click here for Details and Terms

Finance Charges:

The charge for credit.

Minimum Monthly Payment:

The minimum monthly payment required on your account to maintain your promotional terms.

Revolving Line of Credit:

The agreement to lend you a specific amount and allow you to borrow again against that amount once it has been repaid.

Get Your Free Guide

to Healthcare Financing

Your guide will cover:
  • How CareCredit works
  • Paying for healthcare
  • Tips for selecting a doctor






† By providing your email address, you consent to receive marketing email communications from CareCredit.

Frequently Asked Questions

How is CareCredit different from my other credit cards?

With CareCredit, you can get a No Interest if paid in full within the promotional period* payment plan every time you use it † on purchases made with your CareCredit credit card account. Not all promotional plans are available at all Participating Professionals. Interest will be charged to your account from the purchase date if the promotional purchase is not paid in full within the promotional period or if you make a late payment. Minimum Monthly Payments Required and may pay off purchase before end of promo period.

*/** Click here for Details and Terms

† Subject to credit availability/approval.

How long do I have to pay off my treatment fees?

The length of time you have to pay depends on the promotional payment plan that you choose when you use the card. Not all CareCredit providers offer all promotional plans, so ask your provider for details.

How do I qualify for CareCredit?

Approval is based on information from your credit application and past credit history. This includes information from the primary applicant as well as any co-applicant.

Why do doctors offer CareCredit?

Many patients put off treatments and procedures because they cannot afford to pay. Doctors offer CareCredit payment plans as a convenient option to consumer credit cards, cash or checks. CareCredit allows you to pay over time often without incurring interest charges instead of a lump sum prior to treatment. Offering CareCredit removes the accounts receivable responsibilities from the doctor and allows them to focus on recommending and providing the best care to their patients.

View All