Provide releases new credit card tailored to healthcare practice owners

Provide
4 min readMay 3, 2023

The Provide Card offers 3% cash back on qualifying supply and lab purchases.¹

Provide, Inc., a national fintech focused on financially empowering healthcare providers to achieve their dreams of practice ownership, is pleased to announce the release of the Provide Card. This one-of-a-kind credit card is designed to maximize reward benefits for the purchases healthcare practice owners make most often.

By using the Provide Card, customers can earn 3% cash back on qualified dental, veterinary, and medical supply and lab purchases and 1% cash back on everything else.¹ There are no rotating categories, no reward point expiration, and no annual fee.¹,⁴ Plus, there is an introductory 0% APR for the first 12 months.⁴

“The Provide Card is truly a game-changer for healthcare practice owners,” said Andrew Bennett, chief business officer at Provide. “It’s yet another example of how we’re creating a financial experience built specifically to empower healthcare providers to achieve their dreams of practice ownership.”

With the Provide Card, customers will receive:

  • Tailored cash back rewards: Earn 3% rewards for every $1 spent on qualified dental, veterinary, and medical supply and lab purchases and 1% for every $1 spent on everything else.¹ There are no rotating categories, no reward point expiration, and no annual fee.¹,⁴ Plus, receive World Elite Mastercard for Business® benefits.²
  • Reward redemption options: Points can be redeemed for cash back, a credit card statement credit, a Provide loan or Fifth Third mortgage payment credit, gift cards, travel (air, hotel, car), and more.¹
  • Added security: The Provide Card includes zero liability on purchases, small business ID theft protection, and World Elite Mastercard Concierge services.², ³
  • Streamlined purchases: Replace checks with a tap of your new contactless card. Say goodbye to paper receipts, and easily track business purchases with mobile receipt management.²

For more information about Provide, please visit our website.

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 Refer to Mastercard Guide to Benefits for full details. Mastercard is a registered trademark of Mastercard International Incorporated.

3 You must notify us immediately and assist us in our investigation if your Card is lost or stolen or you believe someone is using your Card without your permission

4 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.

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.

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Provide

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