CareCredit payments can be paid online, over the phone, or via overnight delivery to an address specified on the website. Since 2015, no CareCredit nor credit card payments can be made in person or directly to a healthcare provider.
CareCredit cardholders can make online payments by logging into their accounts on the CareCredit portal. Cardholders can make phone payments by dialling (866) 893-7864. According to the CareCredit website, a checking account number and bank routing information are necessary to make a phone payment, and a fee is levied if the caller requires live assistance from a customer care professional. Cardholders can mail a check to Overnight Payment Synchrony Bank, 140 Wekiva Springs Road, Longwood, Florida 32779 in order to make an overnight CareCredit payment.
CareCredit offers cardholders exclusive no-interest promotions for health, wellness, and beauty services that MasterCard and Visa do not offer. The company warns that if the entire balance is not paid by the conclusion of the promotional period, interest will be applied from the day of purchase. The card is intended to assist cardholders in paying out-of-pocket healthcare expenses not covered by health insurance. As of 2015, CareCredit offers plans with payment terms of 24, 36, or 48 months with an APR of 14.9% for financing healthcare expenses of $1,000 or more. Payment terms can be spread out over 24, 36, or 48 months. A 60-month payment period is available for healthcare expenses over $2,500.00.