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What are the best medical credit cards

You won’t earn rewards with this card, but it has a few other valuable benefits, such as cellphone protection. If you want to earn cash rewards while also getting an intro APR, the Wells Fargo Active Cash Card could fit the bill. This card comes with no annual fee, and cardholders earn a flat 2 percent in cash rewards on purchases. This card offers special financing for out-of-pocket medical expenses that aren’t otherwise covered by insurance. The CareCredit Card is accepted by wellness and health care providers enrolled in the program, which includes over 225,000 providers across the country. The card features interest-free periods of six, 12, 18 and 24 months, on purchases of $200 or more.

Finder monitors and updates our site to ensure that what we’re sharing is clear, honest and current. Our information is based on independent research and may differ from what you see from a financial institution or service provider. When comparing offers or services, verify relevant information with the institution or provider’s site. And on an ongoing basis, make use of purchase protection, return protection, travel insurance, secondary rental car insurance, extended warranty, and integrations into QuickBooks. The Capital One Spark Miles card is Capital One’s flagship business credit card. These rewards can be converted to Ultimate Rewards points with an Ultimate Rewards card like the Ink Business Preferred card, doubling your return on spending to approximately 3%.

Hdfc Bank Doctor’s Superia Credit Card

Note that the intro APR does not apply to purchases, so you wouldn’t want to charge medical expenses to this card unless you have the cash to pay them off. Though it could be a great option for some, using credit cards to pay medical expenses might not the best choice for everyone.

The Ink Business Unlimited card offers a similar earning structure on everyday business purchases. This card also gets you access to benefits like purchase protection, extended warranty, Membership Rewards, and employee cards at no additional cost (see rates and fees). The Amex Blue Business Plus card is easily one of the best business credit cards for rewards. Our favorite is to leverage transfer partners to book luxury travel, but it’s possible to use Capital One miles for statement credits, travel purchases, gift cards, and more.

  • is an independent, advertising-supported publisher and comparison service.
  • Rewards credit cards are a great choice for people who want to have flexibility around the rewards they earn from their credit cards.
  • With high interest rates and limited acceptance, medical credit cards are not a product that makes sense for everybody and warrant serious consideration of the major drawbacks involved.
  • The best case scenario is to have a solid emergency fund built up, but having a credit card available for a quick payment in an emergency is also a nice option to have.

If you are planning to use the card only to pay off the medical bills and then tuck it into a drawer until the next emergency, look for a card that has no annual fee and one with an excellent 0% introductory offer. The longer the better, to give you as much time as possible to pay off that bill. Applications for medical credit cards are commonly offered at the point of payment for medical service in cooperation with the medical providers. They may be likely to be offered up front for financing elective medical procedures or other high-priced medical issues.

Best Credit Cards For Grocery Purchases That Earn Rewards

Paying for medical expenses that aren’t covered by insurance is stressful. Our study on the psychological cost of debt found that medical debt takes a toll on your mental health. Among people with debt, medical debt holders are the most ashamed of their situation. Medical issues are unpredictable and the cost of healthcare services can be extremely high. That way, you’ll be able to pay for medical expenses, keep your debt manageable, and minimize financial stress. These financing options include medical credit cards, which have been around for years and work like traditional credit cards but are used solely for medical treatments.

The Freedom Unlimited card has superb earning categories overall, but what makes this card special is the ability to earn 1.5% cash-back on all purchases, regardless of category. That means your medical and dental expenses will qualify to earn 1.5% cash-back. The card’s benefits also include an introductory APR benefit, a late fee pass, flexible pay dates, fraud protection, zero liability for unauthorized purchases, and access to Citi Private Pass for event tickets. As with all intro APR offers, the regular APR (as shown in the table above) will apply. While we adhere to strict

If you need more time, a credit card with a lower interest rate might be preferable. With 0% intro APR credit cards, you do not accumulate interest during the promotional period.

When that period ends, the card’s interest rate will go up to the ongoing APR, and you’ll pay interest at that rate on any remaining balance. In our opinion, the best personal credit cards for medical expenses or dental work are the Double Cash card, the Freedom Unlimited card, the Capital One Venture card, and the Amex Platinum card. If you have upcoming medical or dental work and are looking to earn rewards or cash-back for your expenses, we hope we’ve shed some light on some of the most worthwhile credit cards to use for your needs. For starters, the average credit card APR is currently inching toward 18 percent. If you charge medical expenses to a credit card and take a long time to pay them off, the interest charges you’ll pay over time could be exorbitant. Rotating bonus category cards usually require some work to keep track of.

For Capital One products listed on this page, some of the above benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply. Yes, anytime someone uses credit—credit card or not—it has the potential to affect credit scores. In fact, due to the sometimes-predatory nature of these cards, they may be more likely to negatively impact credit scores than other methods of accessing credit. Medical credit cards are often viewed as a predatory financial product, marketed toward people in a tough financial situation.