ADVERTISING DISCLOSURE: is an independent, advertising-supported web site. receives compensation from most credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » News » Other » Credit and Medicine

Credit and Medicine

June 21, 2007 | Updated on June 21, 2007
Add to Favorites:
The content is accurate at the time of publication and is subject to change.

FAQ on surgeries and how to apply online for a credit card

When a person goes to apply online for a credit card there are a number of different things that might happen. After they fill out the credit card applications online and submit them to their respective companies they will need to wait just like they would with a normal paper application.

The difference is that the wait in this case is usually going to be of a much shorter period of time than the wait for paper applications. This is because the application is received instantly and because the material is already computerized there is less work that needs to be done in order to process the application.

Consider the example of good credit cards that are used in order to help the consumer get some vital medical procedures done. This is actually an area of credit cards that has been expanding throughout the years. It is the example that is the focus of the rest of this article and some of the most frequently asked questions regarding credit for surgeries are answered below.

Why can’t I just use my normal credit card?

You might be able to. It is quite possible that your doctor will allow you to use your normal credit card and if they do then that is great news for you since it means that you don’t need to sign up for another credit card.

There are many cases though where even normally good credit cards are not allowed in terms of providing payment for a medical service. Indeed, this is not a mistake and the doctors do this on purpose. There is nothing malicious on their part but there is a very good and very understandable reason as to why doctors will not accept many normal credit cards.

There are many times where doctors might get themselves into a situation where they would be responsible for the money if the patient defaulted on their loan. The reason for this is that credit card companies are not shy about chasing after money owed to them and if they can’t get it from the patient then the next logical step from their point of view is to go ahead and try to get it from the doctor.

Even if the doctor never ends up paying the credit card companies for that loan they will still have to endure the headache of dealing with a company representative and maybe even a trip into court.

Since doctors really do not want to do this it is very clear from their point of view that the best way to prevent it all is to simply not take normal credit cards. Therefore whether you have good credit cards or bad credit cards there are many doctors around that will simply not take any normal credit cards.

What are medical credit cards?

These actually aren’t usually going to be in credit card form. While they are most definitely an agreement between you and your credit card company the agreement will usually take place in the form of money given to your doctor by your credit card company that you will then need to pay back to the credit card company over a specified period of time.

The goal here is for you to be able to receive the emergency or otherwise necessary surgery you’re after and additionally for your doctor to be able to receive their money in the most clean and hassle free method possible.

Why is this so much better than just paying with a credit card?

This is an excellent question and perhaps the single most important one to the vast majority of people.

People as a whole are much more willing to subscribe to something once they have understood the importance of that something and answering this question will go a very long way towards helping people understand just exactly why this is as important as it is made out to be.

For starters, the liability for all of this rests solely with the credit card company. They will be acting as the middle man in between your doctor and yourself and for that reason they assume most of the responsibility for making sure that the financial aspects regarding your surgery make perfect sense and are executed in a smooth manner.

It is advantageous for the credit card companies to offer these services because not only are they allowed to extract additional interest from their customers but an act like this that makes something possible also serves to keep their customers happier. The company wins on both fronts even more so than they would with good credit cards.

This is better for the doctor because under this scenario the credit card company will usually take the full brunt of the financial load. They don’t have to worry about any potential headaches down the road with this plan as long as they make sure that the credit card company agrees to bear the load. This in turn makes things better and less stressful for them and they don’t have to worry about customers getting angry when they won’t accept their good credit cards.

Additionally, it should not be too difficult to figure out why this is better for the patient. The patient can usually get away with a lower interest rate than with their good credit cards and they might still end up being eligible for credit card rewards.

It is important to keep both of those points in mind because they are both important considerations to make when you are deciding whether or not you want to pursue this option to its fullest extent.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
Add to Favorites:
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
You've successfully subscribed!

Please specify the following:All these fields are optional

Your Credit History
Themes you are interested in:

By providing this information you help us make our news letters more useful and informative. Thank you!