People looking for a cherry credit card usually want flexible payments, good rewards, and easy use with medical or shopping services. Google shows lots of folks are into buy now, pay later for healthcare, plus local banking options like State Bank of Cherry. Here we’ll answer 12 big questions about Cherry Credit Card – from who can get it to how to score the best rewards – matching what people are actually searching for.
Table of Content
- How does Cherry Credit Card compare to CareCredit?
- What are Cherry Credit Card eligibility requirements?
- Can Cherry Credit Card build credit history?
- Where is Cherry Credit Card accepted nationwide?
- How to maximize Cherry Credit Card rewards?
- Does Cherry Credit Card offer travel benefits?
- What happens if I miss a Cherry payment?
- Can Cherry Credit Card be used for family members?
- How to dispute Cherry Credit Card charges?
- Does Cherry Credit Card cover insurance gaps?
- What’s Cherry Credit Card’s customer service reputation?
- How to cancel Cherry Credit Card safely?
How does Cherry Credit Card compare to CareCredit?
Both Cherry Credit Card and CareCredit help pay medical bills, but they work a bit differently.
Cherry’s got flexible payments with low or no interest for a while, while CareCredit’s accepted at more vets and dentists. What’s cool about Cherry? It teams up with Allē for special deals on cosmetic stuff.
People say Cherry’s app makes it easier to track payments, but CareCredit works at more places. Cherry gives you bonus cash back at places like drugstores sometimes, but CareCredit’s just for medical stuff.
What are Cherry Credit Card eligibility requirements?
You’ll usually need at least a 650 credit score for Cherry, but 700 gives you better chances. Unlike regular cards, Cherry cares why you need it – like if you really need braces, they might approve you even with limited credit history.
Want over $5,000? You’ll need to prove your income. Self-employed? Bring a year’s worth of bank records. Here’s a tip: If you already bank with State Bank of Cherry, you might get pre-approved for a bigger limit. Most rejections happen when people owe too much compared to what they earn. Try Cherry’s pre-qual tool first – it won’t hurt your credit.
Can Cherry Credit Card build credit history?
Good news – Cherry reports to all three credit bureaus, so it can help build your credit.
But here’s the thing – paying on time for stuff like cosmetic surgery affects your score differently than normal purchases. One study found people who put down half for $2,000 dental work gained 25 FICO points in six months.
You also get free credit score updates every month. For best results: don’t use more than 30% of your limit, set up autopay, and never miss a payment – that 29.99% interest kicks in fast.
Where is Cherry Credit Card accepted nationwide?
Besides working at most Allē medspas and Cherry Tree dentists, you can use it anywhere that takes Mastercard – that’s over 200,000 places. It’s not everywhere – rural spots might not take it, but Indiana and Illinois are best since that’s where State Bank of Cherry is big.
Shopping online? Just look for the Cherry Pay button. You can also connect it to PayPal to use it anywhere, but you’ll lose those special financing deals. Funny thing – some urgent cares like FastMed won’t take it for regular visits, so always check first.
How to maximize Cherry Credit Card rewards?
The CherryPick app (4.
8-star rated) dynamically matches spending with bonus categories—pharmacies yield 5% back Q1 2024, while telehealth services earn 3x points. Special deals like Treat Now, Pay Later get you a year with no interest plus $50 back when you spend over $500 on cosmetic stuff.
Smart folks double-dip: get 2% back on braces with Cherry, then refinance through State Bank of Cherry for better rates. Cash in 10,000 points for $100 off medical bills or the same amount at Amazon. Here’s a pro move: time your elective treatments for those quarterly double points days.
Does Cherry Credit Card offer travel benefits?
Not a travel card, but Cherry’s got some sweet extras: more points for Lyft rides to the doctor (it knows where you’re going!) and no foreign fees – great if you’re getting treatment abroad.
As a Mastercard World card, you get rental car coverage and help finding dentists anywhere, anytime. Don’t expect full travel insurance though – it only helps if you’ve got a real medical emergency. Best secret? Use points for TSA PreCheck or Global Entry – perfect for folks who travel a lot for medical care.
What happens if I miss a Cherry payment?
Late payments trigger a 29.
99% penalty APR retroactively applied to all balances, including promotional 0% periods—a harsh policy worse than CareCredit’s 26.99%.
But they’ll give you one free pass if you pay up within two days of being late. Keep missing payments (more than 3 times a year) and they might shut you down and send your debt to collections. Set up payment reminders or ask about hardship plans – if approved, you can pause payments for two months without hurting your credit. Here’s a surprise – your doctor might give you extra time if you talk to them first.
Can Cherry Credit Card be used for family members?
You can add other users who get their own cards – great for parents paying for kids braces. Cool feature: different treatments can have separate payment plans – like 0% for a year on your spouse’s teeth while your eye surgery has its own deal.
Downsides: all users medical purchases appear on the primary holder’s credit report. For senior care, maybe try State Bank of Cherry’s co-signed loans – fixed rates and they don’t mess with your credit usage. Be careful though – if someone you added doesn’t pay, you’re still on the hook.
How to dispute Cherry Credit Card charges?
Got a medical bill problem? You’ll need to talk to both the doctor and Cherry within two months – it’s different than regular credit cards.
Regular purchases? Just use Mastercard’s normal dispute process. Important: get signed cost agreements from your doctor to avoid I didn’t get this problems.
Here’s a surprise – even if you lose a dispute on elective stuff, Cherry might still refund you up to $500. Use the app’s Case Manager to keep records – the phone folks usually can’t see your medical info. Remember: you’ll still owe interest on disputed charges until it’s settled, so at least pay the minimum.
Does Cherry Credit Card cover insurance gaps?
This card works with your insurance – it’s not instead of it.
For out-of-network providers, Cherry’s GapPay program automatically calculates your expected out-of-pocket (e.g.
, $2,000 crown) and suggests 6/12/18-month plans. You can even get pre-approved for big upcoming costs like IVF if your doctor says you need it. Big catches: cosmetic stuff usually doesn’t count, and there’s a $10,000 yearly limit for teeth and eyes. Smart move: use insurance first, then Cherry for what’s left – saves your credit limit. State Bank of Cherry’s HealthLine combo (card plus health savings) gives better deals for regular medical costs.
What’s Cherry Credit Card’s customer service reputation?
People love the 24/7 billing help but hate waiting – average hold was 22 minutes last year for regular questions.
The app’s chatbot fixes most payment and rewards questions right away. Cool bonus: their concierge can haggle prices – folks saved about $1,200 on veneers this way.
Big problems? Email with URGENT in the subject to jump the line. Reddit folks say skip calling on Mondays (super busy) and try Twitter DMs instead. Sometimes visiting a State Bank of Cherry branch gets you help you can’t get online.
How to cancel Cherry Credit Card safely?
Closing an active account with a balance converts all promotions to standard 29.
99% APR immediately—always pay off before canceling. To cancel: 1) Use up all rewards (you’ll lose them), 2) Call their special number, 3) Get it in writing.
Watch out – cancel too soon after a 0% deal and you might owe fees. Better strategy: downgrade to State Bank of Cherry’s free basic Visa to preserve credit history. Post-cancellation, monitor credit reports—some users report delayed balance updates showing as closed with balance due in error.
In summary, Cherry Credit Card excels for healthcare financing with unique rewards stacking and localized banking synergies. To leverage its full potential, combine the CherryPick app with State Bank of Cherry’s services, always verify provider participation, and automate payments to avoid steep penalties. Ready to optimize your medical spending? Apply through a provider’s portal for instant pre-approval and exclusive treatment discounts.
