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All Pet Card partners with Bread Financial for new credit card offering

April 19, 2023
dvm360 Staff

Enables pet owners to get the care and supplies their pets need with convenience of a financing solution

All Pet Card has debuted a payment solution for pet owners to cover the costs for veterinary care, services, and medications.

According to Forbes,1 66% of US households own a pet, and with inflation affecting nearly every sector of the economy, pet ownership is rising in cost. Thus, All Pet Card’s credit card, offered exclusively through participating veterinarians, addresses these financial struggles for pet owners looking for health care for their pets.2

"We know pet owners want to do whatever it takes to keep their pets healthy, but cost concerns can get in the way. From routine care to urgent care, many pet owners can't afford to pay in full. Our goal is to help veterinarians treat more pets by providing financing options that make it affordable for the pet owner," stated Katy Thomas, founder and CEO of All Pet Card, in a company release.2

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All Pet Card’s credit card is issued by Comenity Capital Bank, a subsidiary of Bread Financial.

"We are thrilled to expand our footprint in the pet vertical and collaborate with All Pet Card to assist owners in taking care of their animal companions," added Val Greer, EVP and chief commercial officer at Bread Financial. "We understand the important role pets play in people's lives and are eager to support veterinarians and pet owners through financing options for their pets’ needs."2

References

  1. Megna M. Pet ownership statistics 2023. Forbes Advisor. Updated April 10, 2023. Accessed April 18, 2023. https://www.forbes.com/advisor/pet-insurance/pet-ownership-statistics
  2. All Pet Card signs agreement with Bread Financial to provide new credit card offering. News release. Bread Financial. April 18, 2023. Accessed April 19, 2023. https://newsroom.breadfinancial.com/all-pet-card-partnership

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