Synchrony partners with Pawlicy Advisor

Consumer financial services company Synchrony Financial and pet insurance marketplace Pawlicy Advisor are joining forces to help pet parents manage expenses regarding their pet. As part of the partnership, Pawlicy Advisor will offer Synchrony’s CareCredit to its users.

CareCredit is a credit card that can only be used to cover health and wellness treatments for humans and pets. Users can see if they prequalify for the CareCredit credit card in real time with no impact to their credit score and apply online. A credit decision is immediate and if approved, users can use their account to pay their vet bills. Pet owners can select from short-term and long-term financing options including deferred interest if paid in full within 6, 12, 18, or 24 months and reduced APR with fixed monthly payments for 24, 36, 48, or 60 months.

Synchrony also has its own pet insurance offering – the company operates Pets Best, which offers products by American Pet Insurance Company.

“Affordable health and wellness solutions are essential for today’s growing pet parent population. The addition of the CareCredit financial solution in the Pawlicy marketplace, in addition to our pet insurance solution, Pets Best, helps further our shared goal of offering a Lifetime of Care for pets and ensures all pets – even those with pre-existing conditions – are able to get the care they need.” – Jonathan Wainberg, senior vice president and general manager, Pets, Synchrony.

“As we looked to fill the gap for those pet parents who either didn’t qualify for pet insurance or those for whom the out-of-pocket costs are too high, CareCredit was our first call. Not only is CareCredit the leader in veterinary treatment financing, with a proven, best-in-class offering, but it also shares our commitment to innovation and education on how to offer our beloved pets the best possible care.” – Woody Mawhinney, Pawlicy Advisor CEO and co-founder.