CareCredit vs General Purpose Credit Cards: How CareCredit is Different?

Optional Equal Monthly Payments

The Optional Equal Monthly Payments shown in the table should allow you to pay the amount financed in full within the Estimated Payoff Period of 6 months, assuming (a) this amount is and will be the only balance on the account during the promotional period, AND (b) you make the monthly payment shown by the due date each month AND (c) the amount financed is subject to the applicable financing promotional offer. Your payments (cost) will equal the amount financed. The Optional Equal Monthly Payments shown in the table are equal to the amount financed divided by the number of months in the promotional period and are greater than the required minimum monthly payment that will be shown on your billing statement for this promotional purchase. If you have any additional balance on your account, even paying each Optional Equal Monthly Payment may not pay off the Total Amount Financed within the promotional period, and interest may be charged to your account from the purchase date.

Minimum Monthly Payment + Pay Off

Making your minimum monthly payments and one final larger payoff amount in the last month of the promotional period should allow you to pay the amount financed shown in full within the 6 month promotional period. Assuming: (1) this amount is and will be the only balance on the account during the promotional period, AND (2) you make at least your minimum monthly payment by the due date each month, AND (3) the amount financed is subject to the applicable financing promotional offer. The minimum monthly payment required will decline as the remaining balance declines. If you have any additional balances on your account, the monthly payments applicable to those balances will increase your monthly payment and may impact how payments are applied to this promotional purchase.

Minimum Monthly Payment Only

Paying the minimum payment each month results in only partial payment of the original promotional purchase amount by the end of the sixth month. To pay the amount financed within the promotional period, you must make higher monthly payments. Making your minimum monthly payments should allow you to pay the amount financed shown in full within the estimated payoff period of 96 months, assuming: (1) this amount is and will be the only balance on the account during the promotional period, AND (2) you make at least your minimum monthly payment by the due date each month, AND (3) the amount financed is subject to the applicable financing promotional offer. The minimum monthly payment required will decline as the remaining balance declines. If you have additional balances on you account, the monthly payments applicable to those balances will increase your monthly payment and may impact how payments are applied to this promotional purchase.

The fixed monthly payment shown in the table should allow you to pay the total amount financed showed in full within the 48 month estimated payoff period assuming (1) this amount is and will be the only balance on the account during the promotional period AND (2) you make your monthly payments by the due date each month AND (3) the amount financed is subject to the applicable financing promotional offer. If you have any additional balances on your account, the monthly payment applicable to those balances will be added to this payment and may impact how payments are applied to this promotional purchase.

No Interest if Paid in Full within 6, 12, 18, or 24 Months

* No interest will be charged on the promotional purchase if you pay the promotional purchase amount in full within the 6, 12, 18, or 24 month promotional period. If you do not, interest will be charged on the promotional purchase from the purchase date. The regular minimum monthly payment terms of the account will apply. Regular account terms apply to non-promotional purchases and, after promotion ends, to promotional balance, except the fixed monthly payment will apply until the promotion is paid in full. For new accounts, Purchase APR (interest rate) is 29.99%. Minimum Interest Charge is $2. Existing cardholders should see their credit card agreements for their applicable terms. Subject to credit approval.

Reduced APR and Fixed Monthly Payments Required Until Paid In Full

Interest will be charged on promotional purchases from the purchase date at a reduced 17.90% APR on purchases with 24 months promotional financing, 18.90% APR on purchases with 36 months promotional financing, 19.90% APR on purchases with 48 months promotional financing and a 20.90% APR on purchases with 60 months promotional financing. Fixed monthly payments are required until promotion is paid in full and will be calculated as follows: on 24-month promotions — 4.9876% of initial promotional purchase amount; on 36-month promotions — 3.6605% of initial promotional purchase amount; on 48-month promotions — 3.0377% of initial promotional purchase amount or on 60-month promotions — 2.6997% of initial promotional purchase amount. The fixed monthly payment will be rounded up to the next highest whole dollar and may be higher than the minimum payment that would be required if the purchase was a non-promotional purchase. Regular account terms apply to non-promotional purchases except the fixed monthly payment will apply until the promotion is paid in full. For new accounts: Purchase APR is 29.99%; Minimum Interest Charge is $2. Existing cardholders should see their credit card agreements for their applicable terms. Subject to credit approval. The fixed monthly payment will be rounded up to the next highest whole dollar and may be higher than the minimum payment that would be required if the purchase was a non-promotional purchase. Regular account terms apply to non-promotional purchases except the fixed monthly payment will apply until the promotion is paid in full. For new accounts, Purchase APR (interest rate) is 29.99%. Minimum Interest Charge is $2. Existing cardholders should see their credit card agreements for their applicable terms. Subject to credit approval