Know Your Options

Care Credit for Pets – What You Need to Know & Why It’s Helpful for Pet Owners  

If you’re a pet owner, you know how important they are to your family. They provide love and support through the best and worst of times, and they never leave our sides. It’s vital to know that, as a pet owner, you do assume responsibility for being able to pay for anything that happens to them, and many times pet owners don’t assume an emergency will strike. Young pets are vibrant and healthy but are no less likely to require medical intervention than older animals, especially in regard to accidents. Modern-day veterinary medicine is not cheap, and that is why it’s important for a pet owner to know how to prevent emergencies, and what to do if one occurs.

Luckily, there are options that help pet owners cover the cost of a pet emergency. Today on the blog, we hope to provide some relief and reassurance that if and when something unfortunate were to happen, there are financial options like CareCredit that help families through turbulent times. Let’s take a few minutes to learn about CareCredit, and how it could be a huge help to any pet owner.

What is CareCredit?

CareCredit is a credit card that can be used to pay for medical or dental expenses for pets (& humans, but that’s for another blog). Like any credit card, CareCredit DOES incur fees and interest on purchases made with the card, but there are a few key differences between CareCredit and a regular credit card.  

You can ONLY use CareCredit for medical expenses that are NOT otherwise covered by your pet’s health insurance. It can ONLY be used for services rendered by a licensed vet, so it can’t be used for things like food or toys. 

Grace Period

Be sure to review ALL of the fine print when making any financial decisions. One key positive feature of CareCredit is that a borrower is entitled to an initial grace period. During this initial phase, if the expenditure is over $200, the credit card company charges no interest if the balance is paid in full by the end of the agreed-upon financing term. Depending on the veterinarian’s practice, there are a few different financing term lengths available. 

Read More- Pet Emergency Prevention Around the Holidays

Be Sure You Can Pay It Off

CareCredit is not limited to one-time use and can be used repeatedly, similar to a credit card. Routinely scheduled vet visits can be paid for on this card, but it’s VITAL to be aware of the high-interest rates if you don’t pay the bill off by the scheduled grace period ending. If you are in need of information on how you can apply, please contact our offices. We often help people with the first steps in applying and can help point you in the right direction. Once approved, based on your creditworthiness you will get a credit limit. We will work with you to understand the estimates and expected costs throughout the process.

The one thing that is important to note is that CareCredit carries a very high APR (annual percentage rate) of 26.99%. This interest will be charged on the amount you owe starting from the date of purchase IF the balance is NOT paid in full during the grace period. There is a monthly minimum fee that must be paid every month. It is not recommended that pet parents use CareCredit if they know they will be unable to pay the balance off during the grace period. 

Know Your Options

We hope that we never need to see your little 4-legged friend here in our emergency hospital, that’s why we try to promote tips and safety measures here on the blog, and on our Facebook & Instagram. We also understand that those emergencies happen, and we hope that today’s blog introduces some new reassurance and awareness of options that can be made available if an emergency strikes. 


Stay tuned to the blog for more tips for WNY pet owners, and follow us on social media for more great content! Thanks for reading and have a great holiday season!




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