Looking for a CareCredit alternative for your practice or business? Revolution Payments offers consumer financing with true 0% APR options, fixed monthly payments, financing from $300 to $25,000, terms up to 60 months, and funding to your business within approximately 48 hours.
And if you already offer CareCredit, you don’t have to replace it. Our consumer financing program can work alongside CareCredit, giving customers another way to pay while giving your business another opportunity to close the sale.
By Sean Jones · Revolution Payments · 888-790-3450
Why Businesses Look for a CareCredit Alternative
CareCredit is one of the most recognized names in healthcare and patient financing. It gives customers the ability to pay over time while participating providers receive payment upfront.
But not every financing product is structured the same way.
One of the most important differences involves deferred-interest promotional financing.
CareCredit offers qualifying promotional financing for 6, 12, 18 or 24 months under its “No Interest if Paid in Full” structure. If the promotional balance is paid in full during the promotional period, no interest is charged. However, if the promotional balance is not paid in full by the end of the promotional period, interest accrued from the original purchase date may be charged.
CareCredit also offers reduced-APR fixed-payment financing and other financing products, so deferred interest is not its only financing option.
For businesses searching for a CareCredit alternative, true 0% APR installment financing provides another option with a fundamentally different structure.
CareCredit Alternative: True 0% APR vs. Deferred Interest
This is one of the most important distinctions for customers to understand.
With deferred-interest financing, interest accrues during the promotional period. If the promotional balance is paid in full before the deadline, that accrued interest is waived. If it is not paid in full according to the promotional terms, the accrued interest may be charged from the original purchase date.
With a true 0% APR installment loan, the approved financing itself carries a 0% APR for the defined loan term. There isn’t deferred interest accumulating in the background.
The customer has a fixed monthly payment, defined repayment period and clear payoff date.
For customers who want predictable monthly payments and a straightforward financing structure, that can make true 0% installment financing an attractive CareCredit alternative.
A Different Kind of CareCredit Alternative
Revolution Payments gives businesses access to consumer installment financing designed to help customers spread larger purchases over time while allowing the business to get paid upfront.
$300–$25,000
Financing available per eligible transaction.
3–60 Months
Multiple repayment terms are available depending on the financing offer and customer eligibility.
True 0% APR Options
Qualifying customers may receive true 0% APR installment financing with no deferred interest.
Paid Within Approximately 48 Hours
Your customer pays over time while your business receives the approved transaction funding upfront.
CareCredit Alternative: Side-by-Side Comparison
| Feature | Revolution Payments Consumer Financing | CareCredit |
|---|---|---|
| Primary Structure | Installment financing with fixed monthly payments | Credit card financing plus additional financing products |
| True 0% APR Options | Yes, for qualifying offers | Credit-card promotional offers include “No Interest if Paid in Full” deferred-interest financing |
| Deferred Interest | None on true 0% APR installment offers | Applies to qualifying “No Interest if Paid in Full” promotions |
| Prequalification | Customers can review available financing options before completing the full credit process | CareCredit also offers prequalification without impacting the customer’s credit score |
| Payment Structure | Fixed monthly payments with a defined repayment term | Depends on the CareCredit financing product selected |
| Business Funding | Approximately 48 hours | CareCredit states providers are generally paid within two business days |
| Financing Amount | $300–$25,000 | Depends on credit approval and financing product |
| Repayment Terms | 3–60 months | Multiple terms are available depending on the financing product |
| Works Alongside CareCredit | Yes | N/A |
| Enrollment | No setup fee | CareCredit states it does not charge annual or monthly provider fees; transaction fees apply |
CareCredit currently offers consumers the ability to prequalify without affecting their credit score, so we don’t consider that a meaningful differentiator between the programs.
The more important distinction is the structure of the financing itself.
Why True 0% APR Financing Is Different
Consumers considering financing usually want to know:
“What will this actually cost me?”
With fixed installment financing, the answer can be straightforward.
The customer receives a defined financing amount, repayment period, APR and monthly payment.
If the customer qualifies for a true 0% APR offer, there is no interest accumulating during the financing term.
That’s different from a deferred-interest promotion, where interest may accrue during the promotional period and is waived only if the promotional balance is paid according to the terms.
For customers who want predictable payments and a clear payoff date, installment financing can provide a simpler way to understand exactly what they’ll owe each month.
Already Have CareCredit? You Don’t Have to Replace It
This may be the most important point for practices and businesses already offering CareCredit:
You can keep it.
Adding a CareCredit alternative doesn’t mean eliminating the financing option your staff and customers already know.
Instead, you can give customers another choice.
One customer may prefer CareCredit.
Another may prefer a fixed-payment installment loan.
Another may qualify for a financing offer that better matches the purchase amount or repayment term they’re looking for.
Providing an additional financing option creates another potential path to completing the transaction rather than relying on a single financing solution.
Who Can Benefit From a CareCredit Alternative?
Although CareCredit is best known in healthcare, consumer financing can be valuable anywhere a larger upfront expense causes customers to delay or decline a purchase.
CareCredit Alternative for Plastic Surgeons
Plastic and cosmetic surgery often involves larger out-of-pocket expenses that aren’t covered by insurance.
Financing can help patients manage the cost of procedures such as:
- Breast augmentation
- Tummy tuck procedures
- Mommy makeovers
- Liposuction
- Facial cosmetic procedures
- Body contouring
- Other elective cosmetic procedures
For plastic surgeons already offering CareCredit, adding another financing option gives patients another way to move forward with a procedure without requiring the practice to finance the patient internally.
CareCredit Alternative for Dental Practices
Dental implants, oral surgery and extensive restorative dentistry can create significant out-of-pocket expenses for patients.
Consumer financing can be useful for:
- Dental implants
- Full-mouth restoration
- Cosmetic dentistry
- Oral surgery
- Orthodontics
- Crowns and bridges
- Other major dental procedures
A CareCredit alternative for dental practices gives patients another financing choice while allowing the dental practice to receive its funding rather than collecting monthly payments itself.
Medical Practices and Elective Procedures
Patient financing can also be useful for medical services involving significant out-of-pocket costs, including elective procedures and treatments that may not be fully covered by insurance.
Instead of requiring the patient to pay the entire balance upfront, practices can offer qualifying patients fixed monthly installment options.
CareCredit alternative for Medical Spas and Aesthetic Practices
Consumer financing can help practices offering higher-ticket elective treatments such as:
- Body contouring
- Laser treatments
- Skin treatments
- Cosmetic procedures
- Aesthetic treatment packages
Veterinary Practices
Unexpected veterinary expenses can create an immediate financing need for pet owners.
Offering another financing option can help customers manage larger treatment costs without requiring the veterinary practice to establish its own internal payment plan.
Home Improvement and Contractors
A CareCredit alternative isn’t limited to healthcare.
Consumer financing can also be used for larger home-improvement purchases such as:
- HVAC systems
- Roofing
- Windows
- Flooring
- Remodeling
- Home repairs and improvements
Automotive and Other High-Ticket Services
Financing may also be useful for:
- Major vehicle repairs
- Accessories and upgrades
- Specialty services
- Equipment purchases
- Other larger-ticket consumer expenses
How Revolution Payments Consumer Financing Works
1. Present the Financing Option
Give your customer the ability to finance an eligible purchase rather than requiring the entire amount upfront.
2. Customer Reviews Financing Options
The customer completes the financing process from their own device and can review the available financing options they qualify for.
Available offers depend on credit approval, transaction amount and other eligibility requirements.
3. Customer Selects an Offer
Approved customers choose from the financing terms available to them, which may include qualifying true 0% APR installment options.
4. Your Business Gets Paid
Once the financing transaction is completed, your business receives the approved transaction funding rather than collecting monthly payments directly from the customer.
5. Your Customer Pays Over Time
The customer repays the financing provider according to the agreed monthly payment schedule.
The financing provider handles ongoing loan servicing, billing and collections.
Key Features of Our CareCredit Alternative
- Financing from $300 to $25,000
- Repayment terms from 3 to 60 months
- APR options from 0% to 24.99%, subject to eligibility
- True 0% APR financing options
- No deferred interest on true 0% APR installment offers
- Fixed monthly installment payments
- Defined repayment period
- Real-time financing decisions
- Business receives approved funding rather than carrying the receivable
- Financing provider handles loan servicing, billing and collections
- No setup fee
- Can be offered alongside CareCredit
- Can be incorporated into your payment and invoicing workflow
Why Offer More Than One Financing Option?
Financing isn’t one-size-fits-all.
Customers have different credit profiles, purchase amounts, budgets and preferences.
A customer who likes a revolving healthcare credit card may choose CareCredit.
Someone else may prefer a fixed installment loan with a specific monthly payment and defined payoff date.
And some customers may simply want to compare their available options before deciding how to pay.
Giving customers another financing option can help remove the upfront-cost barrier without requiring your business to become the lender.
Should You Replace CareCredit?
Not necessarily.
CareCredit is a widely accepted financing solution and can continue to be useful for many practices and customers.
For businesses already offering it, the better question may be:
Why offer only one financing option?
Adding a CareCredit alternative gives customers another potential way to move forward with treatment, a procedure, a repair or another larger purchase.
The goal isn’t necessarily to replace CareCredit.
It’s to give your customers another choice.
Frequently Asked Questions About CareCredit Alternatives
What is a CareCredit alternative?
A CareCredit alternative is another financing option businesses can offer customers who want to pay for a purchase or procedure over time.
Revolution Payments offers access to installment financing with fixed repayment terms, including qualifying true 0% APR offers.
Is Revolution Payments financing the same as CareCredit?
No.
CareCredit is best known for its reusable healthcare credit card and also offers additional financing products.
The Revolution Payments program uses consumer installment financing with fixed repayment terms.
Is the 0% financing really 0%?
For qualifying 0% APR offers, yes.
A true 0% APR installment offer does not use deferred interest. The customer repays the approved financed amount according to the agreed repayment schedule without deferred interest being added later because a promotional balance wasn’t paid by a particular deadline.
Does CareCredit offer 0% financing?
CareCredit offers qualifying credit-card promotions described as “No Interest if Paid in Full.”
Those promotions use deferred interest. If the qualifying promotional balance is paid in full within the promotional period, no interest is charged. If it isn’t paid in full according to the promotional terms, accrued interest from the purchase date may be charged.
CareCredit also offers other financing products and reduced-APR fixed-payment options.
Does CareCredit require a hard credit check to prequalify?
No.
CareCredit currently offers prequalification that does not affect the consumer’s credit score. If the consumer proceeds with a full credit application, the credit-inquiry process may differ.
Does my business have to collect the monthly payments?
No.
The financing provider handles the customer’s ongoing loan servicing, billing and collections.
Your business receives the approved transaction funding rather than carrying the customer receivable.
Can I offer this financing alongside CareCredit?
Yes.
You don’t have to eliminate an existing CareCredit program to give your customers another financing option.
How much can a customer finance?
Eligible financing amounts range from $300 to $25,000, subject to credit approval and program requirements.
How long are the repayment terms?
Available repayment terms range from 3 to 60 months, depending on the financing offer and customer eligibility.
What interest rates are available?
Available financing offers range from 0% to 24.99% APR, subject to eligibility and the financing plan selected.
Is there a setup fee?
No. There is no setup fee to enroll.
Looking for a CareCredit Alternative for Your Business?
If you already offer CareCredit or are evaluating consumer financing for the first time, Revolution Payments can help you add another financing option for your customers.
Give customers the ability to pay over time while your business receives the approved transaction funding upfront.
No setup fee. No requirement to replace CareCredit. No need for your business to collect monthly payments.
Ready to Offer a careCredit alternative Financing Option?
Call Revolution Payments at 888-790-3450
We’ll walk you through the program, explain how the financing works and help determine whether it’s a good fit for your business.
No obligation · No setup fee · Revolution Payments