- Deferred Interest: $0 interest only if the promo balance is paid in full before it ends.
- Low APR Equal Payment: a reduced fixed APR with the same payment every month, with no back-charged interest.
- Waived Interest Equal Payment: fixed payments with interest waived while you pay on time.
- Which plans you can get depends on the practice and the purchase amount.
Deferred Interest plans (6–36 months)
This is the most common Alphaeon Credit promotion and the one that causes the most problems. Interest is calculated at the standard 32.99% APR from the purchase date but held back. If you pay the full promo balance before the promo ends, it’s never charged. If any balance remains, all of that interest is added at once.
Minimum payments are designed to be low, so they usually won’t pay off a deferred-interest promo in time. Pay the promo balance ÷ months instead. Find your number.
Low APR Equal Payment plans (24–60 months)
Instead of deferring interest, these plans charge a reduced fixed APR from day one and split the purchase into equal monthly payments. Each payment includes interest, and the plan is paid off on schedule if you make every payment.
Here’s what a $3,000 purchase would cost on each term (illustrative, fixed payments):
| Term | APR | Monthly payment | Total interest |
|---|---|---|---|
| 24 months | 17.90% | $149.63 | $591.06 |
| 36 months | 18.90% | $109.82 | $953.39 |
| 48 months | 19.90% | $91.13 | $1,374.30 |
| 60 months | 20.90% | $80.99 | $1,859.48 |
Longer terms lower the payment but raise the total interest. There’s no retroactive interest, which makes these plans more predictable than deferred interest.
Waived Interest Equal Payment (36 months)
This plan combines fixed equal payments with interest waived while you keep the account in good standing. It’s the closest the card gets to a true 0% plan, but fewer practices offer it. Ask the front desk whether it’s available for your treatment.
Which plan should you choose?
Choose deferred interest if…
- You can pay the full balance within the promo
- You’ll set autopay to a fixed payoff amount
- You want the chance of paying $0 interest
- You might only make minimum payments
Choose a low-APR plan if…
- You need a lower, predictable payment
- The balance is large (several thousand dollars)
- You want no risk of back-charged interest
- You want to pay $0 interest
Questions to ask the practice before you sign
- Plan typeIs this deferred interest or a fixed equal-payment plan?
- LengthHow many months is the promo, and when exactly does it end?
- PaymentWhat monthly payment clears it in time?
- OptionsIs a low-APR or waived-interest plan available for this amount?
How plans appear on your statement
Each promotional purchase is listed separately with its plan type, balance and promo end date. Deferred-interest plans also show the amount of deferred interest that would be charged if the promo isn’t paid in full. Check these lines every month, especially in the last three months of a promo.
Frequently asked questions
What financing plans does Alphaeon Credit offer?
Deferred Interest plans of 6–36 months, Low APR Equal Payment plans at 17.90%–20.90% APR for 24–60 months, and Waived Interest Equal Payment plans of 36 months, on purchases of $250 or more.
Is Alphaeon Credit 0% interest?
Only if you pay a deferred-interest promo in full before it ends, or use a waived-interest plan. Otherwise interest applies at the standard 32.99% APR or a reduced plan APR.
Can I choose my plan?
The practice decides which plans to offer, and availability depends on the purchase amount. Ask which options are available before your procedure.
Can I pay off a low-APR plan early?
Paying more than your fixed payment reduces the balance and the interest you pay. Check your cardholder agreement for how extra payments are applied.