topic Re: Care Credit Rewards Mastercard in Credit Cards

Care Credit Rewards Mastercard

Anonymous — Sat, 10 Sep 2016 13:31:18 GMT

My wife received a letter yesterday from Care Credit saying her card is upgrading to the Care Credit Rewards MasterCard. Has anybody else received this? I did a search on here and on Google but couldn't find anything on it.

edit to add a little more info:

I wanted to post a picture of the card but I don't know how on my IPad. Unfortunately the letter is all in Spanish. My wife is Latina and somehow a couple years ago when she first got her Care Credit card she called and asked for a Spanish CSR and after that her primary language changed to Spanish. We never changed it back because 1. She still speaks and understands more Spanish than English and 2. We never receive any communications from them so never really thought about it again. Basically it's a rewards MasterCard and you still get the promo deals but also points on all purchases.

Re: Care Credit Rewards Mastercard

Anonymous — Sat, 10 Sep 2016 13:29:09 GMT

I hadn't opened the envelope, but yeah me too. I'm pretty happy! (Except that it means carrying another card more often).

2 pts per $1 in Care Credit Network, drug stores, grocery stores, and pet stores. 1 pt everywhere else. Can be redeemed for statement credit (and some other stuff).

Activation offer $250 in purchases before MARCH 2017 earn 2500 bonus points. (Maybe they're giving a long window so you'll forget?)

I've skimmed everything including fine print and I don't see where it says that when redeemed 1 pt = 1 cent, and I don't see what any redemption thresholds might be.

"A minimum amount of Reward Points will be required to select a redemption option and may change from time to time."

But one would assume that's what it is.

You can opt out by 10/23. Will be sent in November. May need to provide income info upon Activation.

Re: Care Credit Rewards Mastercard

Anonymous — Sat, 10 Sep 2016 13:35:52 GMT

@Anonymous wrote:
I hadn't opened the envelope, but yeah me too. I'm pretty happy! (Except that it means carrying another card more often).

2 pts per $1 in Care Credit Network, drug stores, grocery stores, and pet stores. 1 pt everywhere else. Can be redeemed for statement credit (and some other stuff).

Activation offer $250 in purchases before MARCH 2017 earn 2500 bonus points. (Maybe they're giving a long window so you'll forget?)

I've skimmed everything including fine print and I don't see where it says that when redeemed 1 pt = 1 cent, and I don't see what any redemption thresholds might be.
"A minimum amount of Reward Points will be required to select a redemption option and may change from time to time."

But one would assume that's what it is.

You can opt out by 10/23. Will be sent in November. May need to provide income info upon Activation.

I'm actually shocked. It would be her highest credit line for a card that can be used just about everywhere. Interest is a killer though. You're right, info is a bit vague at this point but it definitely makes this card a lot more appealing, my son is just starting up some dental work and it looks like a lot of it will be after the upgrade so I'll be able to score some points for it!

Re: Care Credit Rewards Mastercard

Vegas4Play — Sat, 10 Sep 2016 13:36:31 GMT

That would be nice if they changed all the CC cards to this, maybe they would see more use.

Re: Care Credit Rewards Mastercard

Anonymous — Sat, 10 Sep 2016 13:45:29 GMT

@Vegas4Play wrote:
That would be nice if they changed all the CC cards to this, maybe they would see more use.

True. I have a care credit card too but haven't gotten a letter. She's been paying on an 18 month no interest thing that ends this month. We paid it off yesterday morning and came home and found this letter. Card is at 0 balance now for the first time in a year and a half. Perfect timing.

Re: Care Credit Rewards Mastercard

Anonymous — Sat, 10 Sep 2016 15:38:08 GMT

That's great news! I am confident I won't get the same offer rocking 5500/7000

Re: Care Credit Rewards Mastercard

CreditCuriosity — Sat, 10 Sep 2016 16:01:36 GMT

Have had carecredit for a year and a half or something havent got a letter yet, might be coming? With that said I don't want a new accoun reporting on my CR. Doesn't sync convert in that method or does it bring the history with it?

Re: Care Credit Rewards Mastercard

gingerflower — Sat, 10 Sep 2016 16:50:03 GMT

I been with care credit for 8 yrs haven't received any letter yet. However, sounds great its going to upgrade to MasterCard. Ty for sharing.

Re: Care Credit Rewards Mastercard

Anonymous — Sat, 10 Sep 2016 17:03:21 GMT

@CreditCuriousity wrote:
Have had carecredit for a year and a half or something havent got a letter yet, might be coming? With that said I don't want a new accoun reporting on my CR. Doesn't sync convert in that method or does it bring the history with it?

I would imagine it'll show up as new since it gives you an opt out date. (Only reason I can think of to want to opt out would be new account reporting)

Then again, when my Barclay Travelocity AMEX turned into an Arrival MC it carried the history and didn't show up as a new account so who knows.

Re: Care Credit Rewards Mastercard

Anonymous — Sat, 10 Sep 2016 17:59:34 GMT

@CreditCuriousity wrote:
With that said I don't want a new accoun reporting on my CR. Doesn't sync convert in that method or does it bring the history with it?

Same here. Every Sync card I've had that got upgraded to MC/Visa started reporting as a new tradeline. A year ago, I didn't give this kind of stuff a second thought, but I'm a lot more conscientious about AAoA now. Moreover, I regret upgrading every single one of those cards because I've found I never use them outside of the stores they're tied to anyway. So I definitely won't be upgrading my Care Credit either (assuming I get the offer).

Re: Care Credit Rewards Mastercard

Anonymous — Sat, 10 Sep 2016 18:10:28 GMT

Oh wow... I have a Care Credit account and I have not received any notification of my account being upgraded. Will keep my eye out for it though. Congrats on the upgrade.

Re: Care Credit Rewards Mastercard

Anonymous — Sat, 10 Sep 2016 21:18:55 GMT

Good point on the new account. Will consider opting out. No real reason to use it over DC I suppose, for the 2x places. The only benefit would be it'd get more use and I wouldn't have to remember to use it at Rite Aid or the vet once in a while. Thanks.

Re: Care Credit Rewards Mastercard

Anonymous — Sun, 11 Sep 2016 02:57:47 GMT

Does it still have 6, 12 months financing options with the rewards?

Re: Care Credit Rewards Mastercard

Anonymous — Sun, 11 Sep 2016 03:23:43 GMT

yep

Re: Care Credit Rewards Mastercard

SouthJamaica — Mon, 12 Sep 2016 22:15:32 GMT

@Anonymous wrote:
yep

I confirmed it online in chat today, that we are getting mastercards, and that the promotional deals will remain the same.

Sounds good to me.

Re: Care Credit Rewards Mastercard

Anonymous — Mon, 12 Sep 2016 22:58:29 GMT

This was slightly exciting, then depressing. Care credit is my oldest trade line. I would like the 2% back on all care credit activity especially if it was a family member that way I would get redeemed a bit more. But that is annoying that it would report as a new trade line. I guess no different than sams club going from PLCC to MC.

I seriously can't believe they are doing this. Especially after all the hubbub that went on. They are going to give folks mastercards with big limits in hopes of making a lot of money on interest.

They wont make any extra from me!

I wonder what dr offices pay to take care credit?

Re: Care Credit Rewards Mastercard

Anonymous — Mon, 12 Sep 2016 23:59:32 GMT

South Jamaica did they say ALL current cardholders would be upgraded?

Re: Care Credit Rewards Mastercard

Anonymous — Tue, 13 Sep 2016 00:16:05 GMT

@Anonymous wrote:
South Jamaica did they say ALL current cardholders would be upgraded?

only folks who get the offer by mail

Re: Care Credit Rewards Mastercard

Anonymous — Tue, 13 Sep 2016 00:23:07 GMT

Hmmmm I wonder then if the offers are random or if it based upon certain criteria.

Re: Care Credit Rewards Mastercard

UncleB — Wed, 14 Sep 2016 08:25:59 GMT

@CreditCuriousity wrote:
Have had carecredit for a year and a half or something havent got a letter yet, might be coming? With that said I don't want a new accoun reporting on my CR. Doesn't sync convert in that method or does it bring the history with it?

I'm really torn on this... while on the surface it sounds 'neat' to have it as a MasterCard, the truth is I only use it for the 0% deferred interest promos anyway, so having it as a MasterCard would make absolutely no difference at all to how often I use it.

I also wonder about how the promo financing will work once upgraded. At my dentist, they process Care Credit transactions through a web portal where I can select the 0% offer I want (if any) before the sale is completed. If the card becomes a MasterCard, I'm assuming the dentist (or other provider) would still use the web portal and not the 'regular' credit card terminal? I can see issues with new front desk people running it as a MasterCard instead, which would likely not be eligible for promotional financing.

While I'm not super-sensitive to AAoA right now, this is one upgrade that I just don't see how it would be useful.

I'll have to give it some thought.

Edited: Can't spell