Top 10 Best Medical Credit Cards to Use When Paying Medical Bills

Updated on July 5, 2019

Unfortunate medical emergencies are something nobody wants. Medical bills are always hefty. Such expenses can be enough to cripple your family budget.

Even with US health insurance, medical expenses can still be a burden to you.

If you don’t have the cash for your medical needs, you need the best medical credit card. This can help give you the funds you need.

So, which one should you choose?

In this guide, we give you the top 10 health care credit cards. Some of these are usable as a credit card for medical bills only, so you won’t waste its credit.

Which one can help you better? Here’s what you need:

1. CareCredit

If you’re a traveler, there’s nothing as good as a Priceline credit card for the rewards. For a credit card for medical expenses, CareCredit is one of the best.

CareCredit provides different types of financing for medical credit. There are different zero interest plans for medical expenses between 6 months to 2 years. This allows you to pay at your leisure as well to prevent disruptive debt.

For those looking into a proper credit card for medical bills only, this is the card. CareCredit is one of the best medical credit cards available out there.

2. Wells Fargo Health Advantage

Wells Fargo Health Advantage is a great choice if you need quick medical credit. Use this if you’re willing to pay for it as soon as possible. The card program offers a zero interest promotion to users. This can last between half a year to around 1.5 years.

It’s best to take advantage of such a promo and pay off the debt to keep your credit scores great. Once the promotion finishes, the Health Advantage card will apply a 12.99% interest. This applies to all remaining bills in the card, so you want a steady payment cycle with this.

3. AccessOne MedCard

AccessOne MedCard makes one of the best medical credit cards available. It offers generous repayment terms and lowers interest rates for its limited use for medical expenses. AccessOne, for example, provides 0% APR or very low interests, depending on your length of repayment.

AccessOne makes sense for people with bad credit or low finance scores. They provide an open application to everyone regardless of credit score.

4. Citi Double Cash Card

The Citi Double Cash Card provides a few advantages that any credit card for medical expenses give. It can give you the usual 18-month no-interest payment types if you like. The Double Cash Card also provides a way to pay your bill in full as well.

If you’re a new cardholder, you can get an automatic 18-month payment scheme with zero interest. You would want to do early payments to handle the 15% to 25% retroactive interest.

5. Cash Freedom Unlimited

The Chase Freedom Unlimited card is not part of health care credit cards per se. It is, however, a great low-interest credit card that provides 0% APR for the first 15 months. After this period, your interest will be at a variable of 17.24% to 25.99%.

The Freedom Unlimited can also provide 3% cash back for the first $20,000 you spend. This makes it a great card to use for medical credit and help other expenses too.

6. Capital One Quicksilver Cash Rewards Card

The Capital One Quicksilver Cash Rewards credit card is a nice option not limited to being a medical credit card. It also gives the standard 15-month 0% APR, which is great if you want to extend your payments. It provides the same 1.5% cash back for anything that you buy with the card.

The good thing about this credit card is the bonus credits it gives for every time you buy.

7. Capital One SavorOne Cash Rewards Card

Another great option is the Capital One SavorOne Cash Rewards card. It still uses the same 0% APR on anything you buy for 15 months, with a 16.24% to 26.24% interest following that.

This card gives you a $150 cash back for every $500 on everything you buy with it for the first 3 months. The cash backs don’t expire as well, so you can use it as much as possible.

8. Barclaycard Cashforward World Mastercard

The Barclaycard Cashforward World Mastercard is not limited as a credit card for medical expenses. You want to use this, however, due to the extra rewards it gives its users. The lengthy 15-month 0% APR period is great to use for medical credit.

The Barclaycard Cashforward also gives a nice $200 cash back for every $1000 spent within the first 90 days. You don’t pay interest on balance transfers as well, so it’s a great option for medical use.

9. Discover It Cash Back 

For people who want extra incentive with their medical credit card, you can use the Discover It Cash Back card. It offers a price match, providing a full match for the cash back you earn in the first year. The card itself earns a 5% cash back in many places per quarter.

Apart from the 5% limited cash back, there’s also a 1% cash back on everything else not part of the program. It needs, however, a good to excellent credit score to use.

10. HSBC Cash Rewards Mastercard

The HSBC Cash Rewards Mastercard is a solid choice as a credit card for medical expenses. The card provides a 10% anniversary bonus every year for the cash back earned the year before.

If you’re paying medical bills, this card is a great option. It provides a 3% cash back on up to $10,000 spent in your first year. After this, you still get a good 1.5% cash back.

Add the 10% loyalty bonus and you’re getting a lot after a year.

Find the Best Medical Credit Card That Fits Your Needs

When looking for the best medical credit card, you need to make sure you know the ins and outs of the offer. Use the card and be responsible for what you buy. Limit the use of the credit cards only when you need them.

If you’re looking for other tips and tricks for your personal finance, take a look at our other guides. We have the best guides that can help you save money and make wiser decisions. 

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