Overview

Who is this credit card designed for?

CareCredit is a credit card issued by Synchrony Bank, which is based in Costa Mesa, CA. 

CareCredit is designed for people with a credit score of 560 to 750. It's perfect for consumers looking for a card without an annual fee. Synchrony Bank is one of the few credit card issuers that allows applicants to include a cosigner, which improves the approval chances of people with not-so-great credit.

What are the relevant APRs?

CareCredit has a variable purchase APR starting at 26.99%.

Is an introductory APR offer available?

No, CareCredit does not come with an introductory APR offer for balance transfers.

CareCredit does not offer an introductory rate on new purchases.

What are the fees?

The following fees apply to CareCredit:

• There is no annual fee.
• A late payment penalty of $38.

Is a rewards program offered?

No, CareCredit does not offer a rewards program.

Is a signup bonus offered?

CareCredit doesn't offer a cash signup bonus.

Is an annual loyalty bonus offered?

CareCredit doesn't offer a cash loyalty bonus.

Does CareCredit report your account activity to credit bureaus?

CareCredit reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion
• Innovis

Making regular and on-time payments on a credit card that reports your account activity to credit bureaus will demonstrate that you consistently manage debt well and can help increase your credit scores.