CareCredit for Pets Review (2023)

carecredit for pets

Pets are an important part of our lives, with approximately 68 percent of American households owning at least one pet, according to the American Pet Products Association’s National Pet Owners Survey (2017-2018). Since pets are a huge part of our families, we want them to have the best care possible, and sometimes even wellness visits are more than we can pay out of pocket. If your pet gets sick, the vet bills can definitely be a high price tag.

What is CareCredit?

CareCredit is a credit card and line of credit from Synchrony Bank available for use at veterinary clinics and other healthcare facilities. It can be used for not only pet expenses, but you can use it at health clinics and for prescription medication if your facility accepts it. According to the CareCredit website, their credit is accepted at over 200,000 veterinary clinics and they say they will speak to your clinic and explain their service if it is not currently accepted where you get veterinary care. It’s not a line of credit through your vet – however, it is a separate credit company that can offer you a line of credit that you can use for a variety of health-related expenses.

What is the Benefit to Using CareCredit?

CareCredit is different from pet financing because it is an open line of credit – allowing you to make payments and use the line again and again for your pet’s care. If your pet is sick or has unexpected care costs, you can finance the care and, in some cases, pay nothing the day of your visit, depending on the credit amount you get approved for. If you do have pet insurance, you can use CareCredit to your advantage by using the credit to cover services and then getting reimbursed and paying off your credit bill with your reimbursement.

How Does CareCredit Work for Veterinary Care?

Since CareCredit is a line of credit, it is subject to credit approval. You can often apply and take out this line of credit right from your veterinary clinic and use it right then and there.

CareCredit can be used for routine care, such as:

  • Annual exams
  • Parasites
  • Dermatology
  • Teeth cleaning
  • Medication
  • Diagnostics
  • Chemotherapy
  • Vaccinations
  • Microchipping
  • Prescription pet food
  • Spay and neuter

As well as emergency services, surgical procedures and hip dysplasia surgery.

How Does CareCredit work with Pet Insurance?

Since pet insurance works off the reimbursement model, many pet parents wonder how they will cover the initial costs while they wait for reimbursement from their pet insurance company. Most companies try to pay you back as soon as possible, but sometimes claims can take a while to process. If you have CareCredit, you can use that to pay your bill, and hopefully get your reimbursement taken care of before your payment is due. Following that, you can use your reimbursement funds to cover your CareCredit bill before accruing too much interest.

If you are interested in CareCredit, you can apply and see what you qualify for. It is good to have a little peace of mind knowing that you can get your pet the care they need without having to worry about having cash-on-hand.