Medical credit cards can be handy for helping you to save money on hospital bills if you or someone in your household frequently need medical care. It will relieve a big financial burden on you as you might as well already know that medical bills can easily pile up to lots of money in the US. The following are the 5 best medical credit cards for hospital bills.
CareCredit is a medical credit card that can be used for paying medical expenses at over 200,000 medical facilities in the US. It covers a lot of categories including chiropractic, dentistry, hearing, eye care, and weight loss. The card will charge you 0% interest on medical expenses that is minimum $200 in the first 2 years. CareCredit card can be applied online.
2. Wells Fargo Health Advantage
Wells Fargo Health Advantage is a medical credit card that you can apply with your health care provider. It has a low APR interest rate that starts from 12.99%. It can be used to cover 4 types of expenses including hearing, eye surgery, dental care, and veterinary care. There is no 0% financing for this card.
3. Amex EveryDay Credit Card
Amex EveryDay Credit Card is suitable for people with a lot of medical debt because it has a 15 months intro period. The card offers a bonus of 15,000 membership points when you spend at least $1,000 in the first 3 months. You can earn 50% extra points when you use it to make purchases for 30 or more times. It offers 3x points on supermarket purchases for up to $6,000 per year. You also earn 2x points every time you use the card at the gas station. The card has an annual fee of $95.
4. Chase Freedom Unlimited
Chase Freedom Unlimited allows you to earn 1.5% cash back rewards on all purchases including medical bills. They can give you $150 signup bonus when you spend at least $500 in the first 3 months. The card offers a 15 months intro period. Therefore, you should only apply if you are confident you can pay off your medical bills in 15 months. There is no annual fee charges.
5. Capital One SavorOne Cash Rewards Credit Card
Capital One SavorOne Cash Rewards credit card is another balance transfer card with 15 months intro period. It has a cash back bonus program where you earn $150 cash back for spending $500 within 3 months. The card will offer 3% cash back on dining and entertainment, 2% cash back in grocery, and 1% cash back on the rest of the purchases. The card has no annual and foreign transaction fees.