Synchrony's CareCredit Health Card Expands Access for Pet Care at U.S. Veterinary Hospitals

Synchrony Expands CareCredit Access to All U.S. Public Veterinary University Hospitals

In a significant move to enhance the accessibility of veterinary care, Synchrony (NYSE: SYF), a leading consumer financial services provider, has announced that its CareCredit health and wellness credit card is now accepted at all 29 public veterinary university hospitals across the United States. The recent addition includes Texas A&M University's Veterinary Medical Teaching Hospital, marking a pivotal milestone that ensures pet parents have better financial options when seeking care for their beloved animals.

This collaboration signifies Synchrony's commitment to supporting the veterinary community and facilitating access to necessary treatments for pets. Jonathan Wainberg, Senior Vice President and General Manager for Pet at Synchrony, stated, "The availability of CareCredit across veterinary universities nationwide has had a tremendous impact on improving access to care and providing financial flexibility for pet parents." By making CareCredit available at 100% of public veterinary university hospitals, Synchrony reinforces its mission to empower pet owners and enhance the resources available for veterinary professionals.

Texas A&M University’s Veterinary Medical Teaching Hospital stands out in this initiative as it hosts one of the largest veterinary referral networks in the nation, catering to a diverse array of animal patients. This partnership aims to alleviate financial burdens on pet owners, recognizing that the cost of veterinary care can often be a barrier to providing necessary treatments. "For years, we've understood that pet owners value flexible financial options to ensure their companions receive recommended care," said Dr. Stacy Eckman, Associate Dean for Hospital Operations and CEO at Texas A&M's Veterinary Medical Teaching Hospital.

Under the new partnership, CareCredit offers a variety of financing options tailored for pet parents, ranging from short-term to longer-term plans. Applicants are able to see if they prequalify for the CareCredit card in real-time with no impact on their credit score. They can apply on-site using any smart device or even over the phone. A credit decision typically arrives within seconds, allowing immediate use of the approved account for pet care expenses—be it routine check-ups or emergency procedures.

For over 35 years, CareCredit has served as a trustworthy financing option for an extensive range of veterinary services. Its acceptance expands throughout more than 26,000 veterinary practices nationwide and is recommended by major bodies such as the American Animal Hospital Association and the American Veterinary Medical Association. With the addition of public veterinary universities, CareCredit aims to provide pet owners with confidence and readiness to care for their pets throughout their life.

The collaboration between Synchrony and veterinary educational institutions supports a dual objective: optimal patient care and financial assurance for pet parents. The Veterinary Medical Teaching Hospital not only provides cutting-edge veterinary healthcare possibilities but also serves as a robust educational platform for aspiring veterinarians, graduating over 180 Doctor of Veterinary Medicine students annually. This enriches the veterinary field by preparing graduates to meet the healthcare needs of tomorrow.

To learn more about Synchrony and its financial services, visit Synchrony’s website. For pet owners interested in accessing CareCredit, additional information is available at CareCredit’s website.

This partnership signals a new era of financial support for pet healthcare, emphasizing the importance of accessible treatments and care.