OK, lots of questions here. First, I should mention that I'm assuming you're a Firefox user. In that case, you need to check the "Convert carriage returns to HTML line breaks" check box when you are posting (or words to that effect). Otherwise, your posts show up as one giant paragraph, making them very difficult to read.
As with any CC, there are those who love CareCredit, those who hate them, and those who are in between. My DF has a CareCredit account, and has had no problems with it.
In almost all cases, if someone is complaining about a CC charging them fees unfairly or in unusual circumstances, either there is more to the story they are not telling you, or they are simply confused. In the case you mentioned, it is simply not true that CareCredit charges a fee for paying on certain days of the month. What likely happened to that person is that they were making their monthly payment after the due date, but before the next statement date, thinking that it would be applied to the next month's minimum payment once the statement was generated. That's just not how it works with any CC. You have to pay the minimum amount due after the statement drops, but before that statement's due date, or else your payment will be considered late and you will be charged a late fee, which is likely the fee that person was referring to. You cannot just pay once a month on whatever date you feel like it and then consider it paid until next month.
Yes, CareCredit will charge retroactive interest on any promotional balance not paid in full by the end of the promo period. You will have to pay much more than your minimum payment each month in order to pay off your promo balance by the end of the promo period and avoid retroactive interest. They will calculate a minimum payment on each statement, but that is only the minimum required to avoid being late (something like 3% of the current balance). You will have to develop your own payment schedule in order to get the promo balance paid off before retroactive interest kicks in.
I have never had any problems making an online payment on CareCredit's site. My only complaint is that it takes about 150 clicks to get where you need to be in order to make a payment (OK, I exaggerate), but other than that, CareCredit has been just fine.
Message Edited by cheddar on
07-27-2008 06:22 PM