Is The Nibbles Pet Rewards Credit Card Good for Pet Parents?

There are a lot of purchases that come with owning a pet, from their favorite treats to regular vet check-ups. With so much to buy, why not get rewarded for splurging on your pet?

The Nibbles Pet Rewards Credit Card is a way for pet parents to get the perks they (and their pets) need. With integrated pet insurance and extra reward points for pet-related purchases, the Nibbles credit card puts more spending power in pet parents’ pockets. So, is it worth it? Let’s dig into the benefits, fees, reward structure, and more!

What is the Nibbles Pet Rewards Credit Card?

Nibbles is a company dedicated to supporting and enhancing pet health and overall wellness through services like comprehensive pet health insurance policies. They’re dedicated to putting pets first with affordable care options and add-ons that help pets live longer, happier lives.

The Nibbles credit card is issued by Lead Bank (Member FDIC) under license from Mastercard. That means it can be used anywhere that Mastercard is accepted! The card-specific perks and benefits are also thoughtfully tailored to the needs of pet parents and their fluffy family members.

The pet reward program lets cardholders rack up points at relevant retailers and pet services, like training, grooming, healthcare appointments, and products from pet-specific retailers.

Key Features and Benefits

With pet care costs on the rise, it’s more important than ever to spend wisely on your furry family members. The Nibbles Pet Rewards Credit Card has some special features that can give pet parents a leg (or paw) up on their finances.

Integrated (Free) Pet Insurance

Once your credit card application is approved, and you’ve enrolled, you’ll receive $10,000 in annual pet insurance coverage for free. This includes care for accidents and illnesses, giving pet parents extra peace of mind when it comes to caring for their furry friends. 

Of course, this coverage relies on keeping an active account in good standing, and cardholders should look to policy documents for full details and additional information. You can check Nibble’s pet insurance FAQ for more information.

Rewards Structure

As with any credit card, the perks are in the points. With the Nibbles card, you earn points on all purchases, but three times the points for every dollar spent on pet-related products and services. That means triple the points when you use the card at the pet supply shop, groomer’s, vet's office, and more.

At the end of each statement period, once the statement balance is paid, the earned points are posted to the account. After that, they can be redeemed in a number of ways, including toward account payments. You can also redeem reward points to cover eligible pet-related expenses and merchandise.

Easy Claims Processing

Skip the paperwork with automated claims. The integrated pet insurance makes it simple to submit your claim through the Nibbles Dashboard. The company typically processes claims within 5 business days. From there, you can expect to receive a check within 1-2 weeks after your claim has been processed.

Additional Cardholder Benefits

Nibbles will also keep your pet records, including insurance claims, stored in one convenient place. You can access important details, like vaccinations, health history, and more, no matter which vet services you use or where you go for booster shots. No more scrambling around trying to find up-to-date health records!

Cardholders also receive exclusive discounts, special offers, and additional Nibbles pet credit card benefits.

Fees and Interest Rates for the Nibbles Pet Rewards Credit Card

Believe it or not, there is NO annual fee for using this card! The variable APR rates are based on the U.S. Prime Rate + 17.79%, with a maximum of 29.99%. At the time of publishing, APR for the Nibbles card is 25.24%.

For the amount of benefits, especially the pet insurance, carrying this credit cards with no annual fee seems like a no-brainer.

Average Yearly Cost of Pet Insurance 

According to the North American Pet Health Insurance Association, the average yearly premiums for pet health insurance in the U.S. can be significant.

​​For comprehensive accident and illness policies, which are the most common, the average yearly premiums are approximately: Dogs: $749 per year (about $62 per month) Cats: $386 per year (about $32 per month

For accident-only policies, which cover emergencies like injuries but not illnesses, the average annual premiums are lower:​ Dogs: $193 per year (about $16 per month) Cats: $110 per year (about $9 per month)

So, is Nibbles the best credit card for pet owners? Credit card fees and APRs have a wide range, so let’s see how Nibbles compares to some other pet cards: All Pet Card: No annual fee, currently 32.99% APR

• CareCredit Pet Care Credit Card: No annual fee, 32.99% APR
• Credit One Bank Best Friends Credit Card: No annual fee, 24.49% (variable)

Of course, these cards offer different kinds of benefits and perks for pet owners. Depending on how often you expect to use the Nibbles card, it could easily save you money with a lower APR rate and free pet insurance.

Eligibility and Application Process

To qualify for the Nibbles pet rewards credit card, applicants need to tick a few boxes. If you want all the pet-friendly benefits, you must be 18 years or older. You must also be a U.S. citizen or permanent resident with a valid SSN or ITIN. As with most credit card accounts, membership is subject to credit approval.

You can get pre-approved by filling out some questions on Nibble’s website. You’ll need to answer some simple questions about your pet, including their breed, age, and health status. 

After that, it’s all about you! You’ll need the last four digits of your SSN and an estimate of your annual income. Once you fill out some basic info (whether you own or rent, how much you pay for housing, etc), Nibbles will let you know if you prequalify for a credit card account.

Pros and Cons

There are a few pros and cons to consider that can help you decide if the Nibbles Pet Rewards Credit Card is right for you. There are plenty of credit cards out there to choose from, so you want to be sure you look at all the factors and make sure you make the right choice for you and your pet!

Pros:

• $10k of Integrated pet insurance coverage.​
• High rewards rate on pet-related purchases.​
• Additional cardholder benefits and exclusive offers.​

Cons:

• Variable APR can be high, especially for those who carry a balance.​
• The card is limited to U.S. citizens and permanent residents.​

Final Verdict: Is the Nibbles Pet Rewards Credit Card Worth It?

The Nibbles pet rewards credit card offers some amazing rewards for money-conscious pet parents. You spend a lot on your pet, so why not get rewarded? With 3x points on all pet-related purchases, you could be getting some sweet benefits for paying for services you already use regularly. And if you are in the market for pet insurance, this is a wonderful free option that bundles other savings right in.

Of course, opening a credit account isn’t something to be done on a whim. Consider your options, review the facts, and make the choice that works for you and your cutest expense!

Featured image by Thuan Vo from Pixabay / Image by Daga_Roszkowska from Pixabay