A message from our chief business officer: introducing the Provide Card

Provide
4 min readMay 3, 2023

Today our incredible team is launching the Provide Card, and I couldn’t be more proud or excited.

This one-of-a-kind business credit card was painstakingly built specifically for healthcare practice owners, rewarding them for the purchases they make most frequently. And best of all — like every Provide product — it’s seamlessly integrated into providers’ borrowing and banking experiences with Provide and Fifth Third Bank.

Why launch a credit card?

We’ve always believed in making the day-to-day financial aspects of practice ownership as simple and painless as possible, and a great business credit card is a cornerstone of that experience. Since 2016, our team has been laser-focused on Provide’s vision: to enable healthcare providers to achieve their practice ownership dreams, realize financial independence, and improve the industry’s standard of care. Adding the Provide Card to our suite of innovative products represents a critical milestone on our journey toward the realization of that vision.

So, how does it work?

Users of the Provide Card will earn 3% for every $1 spent on qualified dental, veterinary, and medical supply and lab purchases, and 1% for every $1 spent on everything else. There’s no annual fee, and we’re offering a wide range of point redemption options so that practice owners can turn patient care into self-care.¹,² Plus, there’s an introductory 0% APR for the first 12 months.³

Perhaps the best thing about the Provide Card, however, is how it exemplifies the power of our ongoing collaboration with Fifth Third Bank, combining our team’s deep healthcare industry expertise with the bank’s award-winning expertise in innovative banking solutions. I can’t wait to see what that collaboration will mean for the future of healthcare banking — for aspiring and established practice owners alike.

Here’s to what’s next!

-Andrew

Andrew Bennett
Provide Chief Business Officer

Notices and disclosures

Credit Cards are subject to credit review and approval. Rates are determined by the creditworthiness of the applicant.

1 See 53.com/Rewards for full Rewards Terms and Conditions and for important information including details about: (1)Purchases: dollar value of goods and services, minus credits and adjustments, excluding fees and other items. (2) Categories: Merchants’ card readers are assigned to categories which determine how a transaction is characterized for Rewards purposes. We do not control which categories card readers are assigned to. (3) Redemption options. (4) Changes: the Program may change. (5) Expiration: points do not expire. (6) Earn up to 3 Rewards Points for each $1 spent on qualified dental, veterinary and medical supplies and lab purchases. Points awarded in the Merchant Category are subject to a maximum of 900,000 points quarterly, or $300,000 quarterly spend in purchases.

2 0% Introductory Annual Percentage Rate (APR) on Purchases and Balance Transfers for the first 12 billing cycles after the account is opened. Variable APR of 16.74% to 27.74% on Purchases and Balance Transfers after the introductory period. Variable APRs are accurate as of 4/28/2023 and will vary with the market based on the Prime Rate. Refer to your statement for your current APR. Penalty APR: 29.99% may be applied to the Account in the event of a late payment. If the APR is increased because of a late payment, the Penalty APR will apply until six consecutive minimum payments are made when due. Annual Fee: None. Balance Transfer Fee either $5 or 4% of the amount of each transfer, whichever is greater. Cash Advance Fee either $10 or 5% of the amount of each Cash Advance, whichever is greater. Convenience Check Fee either $5 or 4% of the amount of each check, whichever is greater. International Transaction Fee: None. Late Payment Fee: $40. Over limit Fee: $39.00. Returned Payment Fee: $39.00. Minimum interest charged is $1.50.

3 0% Introductory Annual Percentage Rate (APR) on Purchases and Balance Transfers for the first 12 billing cycles after the account is opened. Variable APRs are accurate as of the date you received this carrier and will vary with the market based on the Prime Rate. Refer to your statement for your current APR. Penalty APR: 29.99% may be applied to the Account in the event of a late payment. If the APR is increased because of a late payment, the Penalty APR will apply until six consecutive minimum payments are made when due. Annual Fee: None. Balance Transfer Fee either $5 or 4% of the amount of each transfer, whichever is greater. Cash Advance Fee either $10 or 5% of the amount of each Cash Advance, whichever is greater. Convenience Check Fee either $5 or 4% of the amount of each check, whichever is greater. International Transaction Fee: None. Late Payment Fee: $40. Over limit Fee: $39.00. Returned Payment Fee: $39.00. Minimum interest charged is $1.50.

Fifth Third Bank, National Association. Member FDIC. Equal Housing Lender.

Fifth Third and Fifth Third Bank are registered service marks of Fifth Third Bancorp.

This content is for informational purposes and does not constitute the rendering of legal, accounting, tax, or investment advice, or other professional services by Provide or any of its subsidiaries or affiliates, and it is being provided without any warranty whatsoever. Please consult with appropriate professionals related to your individual circumstances.

All lending is subject to review and approval. Provide, Inc. is a wholly owned subsidiary of Fifth Third Bank, National Association.

--

--

Provide

We help healthcare providers achieve their dreams of practice ownership through our 100% digital finance experience.