Advertiser disclosure

Terms and Restrictions Apply
Physician on FIRE has partnered with CardRatings for our coverage of credit card products. Physician on FIRE and CardRatings may receive a commission from card issuers. Some or all of the card offers that appear on the website are from advertisers. Compensation may impact on how and where card products appear on the site. POF does not include all card companies or all available card offers. Credit Card Providers determine the underwriting criteria necessary for approval, you should review each Provider’s terms and conditions to determine which card works for you and your personal financial situation.
Editorial Disclosure: Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed, or approved by any of these entities.

Nitra Practice Expense Card Review 2024 (Must-Have for Doctors?)

Nitra card review

Managing expenses is critical for any business, especially for healthcare providers facing rising costs and lower reimbursement rates.

Nitra offers the highest cashback in the healthcare sector at 2.2%, and it offers a suite of financial products. However, the centerpiece offering and the focus of my article today is the Nitra™ Visa® Practice Expense Card.

The company claims the Nitra Practice Expense Card will give clinicians enhanced control, insights, and substantial savings on their spending. But does the card live up to its lofty claims?

Let’s find out.

This article will include:

  • What is the Nitra Practice Expense Card?
  • The pros and cons of getting this cash back card.
  • Tips on maximizing savings with the Nitra Practice Expense Card.

Quick Facts

  • Card’s full name: Nitra Practice Expense Card
  • Who it’s best for: Doctors looking to organize their finances and earn more cash back on their medical supplies and healthcare purchases
  • Card issuer: Visa
  • Qualifying credit score: N/A
  • On FIRE Rating: 4.5/5

Nitra Practice Expense Card: On FIRE Score

Annual Fee $0 5/5
APR Prime rate plus 16.49% 5/5
Intro Offer 5% cash back on medical supply and healthcare-related purchases up to $100K within the first three months 5/5
Maximum Rewards Earn 5% cash back rewards on Nitra Marketplace spend.

Earn 2.2% on medical supply spend and healthcare-related purchases.

Get 2% back on business spend, ad spend, office supplies, gas, internet, and cable.

Everyday Rewards 1% cash back on all spend 3/5
On FIRE Score 4.5/5

What is the Nitra Practice Expense Card?

The Nitra Practice Expense Card is a commercial card targeted at medical and healthcare practices, with a range of features tailored to their needs.

Offering robust rewards and personalized expense management tools, Nitra aims to help providers maximize the value of their spending.

Specific capabilities offered with the card include:

Virtual cards

You can generate unlimited virtual cards to allocate spending to specific vendors and employees, providing oversight and reducing fraud risk.


Physicians and pharmacists, Register with Incrowd for the opportunity to earn easy money with quick "microsurveys" tailored to your specialty.

The enhanced security features include the ability to lock cards, instantly terminate, and set spending limits to prevent both external and employee fraud.

When employees are fired or leave the practice, practice owners can easily transfer their cards and card history to another employee, removing the need to replace those cards with existing vendors.

Travel portal

The card lets you book flights and hotels and redeem points for gift cards at merchants like Airbnb, Amazon, Target, and Uber. This is your chance to enjoy streamlined travel booking and reward redemption in one convenient place at top airlines such as United, American Airlines, and Delta and top hotel brands such as Marriott, Hilton, and Hyatt.

AI receipt matching

It helps simplify expense management with AI receipt reconciliation. You receive a text immediately after a transaction, respond to the text message with a photo of the receipt, and it’s automatically matched to the transaction.

For email receipts for online purchases, simply forward the email receipt to receipts@nitra.com to automatically match the transaction as well.

No apps or websites are needed, and it integrates with all major accounting software, such as Quickbooks, for seamless reconciliation.


Streamline vendor invoice management by automating recurring vendor bills and complicated payments. Forward your email invoices to Nitra, and Nitra’s AI extracts key details such as amount, invoice number, and payment information automatically from invoices.

Assign team members as viewers, editors, or approvers to maintain full control of your payment workflows.

Cash back rewards

You can earn unlimited 1% cash back on all purchases and an impressive 2.2% cash back on all medical supply and healthcare-related spending.

Take advantage of a generous introductory offer of 5% cash back on medical supplies and healthcare-related purchases up to $100K within the first three months. Additionally, earn up to 5% cash back with select medical supply vendors.

Integrated spending analytics

The card connects with Nitra’s expense management software to enable real-time visibility and drill-downs into expense data. This process can identify more savings opportunities.

Multi-EIN Support

If you own multiple practices with separate tax IDs, Nitra allows a seamless view of all businesses in one dashboard without logging out and back into separate accounts.

You can conveniently manage all your businesses and their cards in one dashboard.

Exclusive discounts

Through Nitra’s partnerships with major medical suppliers, you’ll have access to special discounted pricing, lowering your supply costs.

These benefits, combined with the fact that the card has no annual fees, make the Nitra Practice Expense Card a worthy cash-back option for most doctors.

How Does the Nitra Practice Expense Card Work?

At its core, the Nitra Practice Expense Card allows you to pay for all practice expenses while accruing rewards points and accessing associated management tools.

The company clearly aims to be the primary payment mechanism for providers.

Some key aspects of this card’s usability that should interest you:

  • Works similarly to other commercial cards: The Nitra Practice Expense Card can be used to purchase anywhere Visa cards are accepted. Transactions, rewards, travel redemptions, and balances work comparably to traditional credit lines.
  • Virtual cards enable oversight: You can instantly generate virtual, single-use card numbers for allocating spend to specific suppliers, employees, etc. All activity is rolled up into central expenses reporting.
  • Rewards are tied to top spending categories: You earn a base 1% unlimited cash back on every purchase. Additional bonuses apply in the medical supply and equipment categories where you tend to spend most of your funds.
  • Provides data for software platform: Your card’s spending data will be tied to Nitra’s web and mobile spend analytics platform. So, you’ll have a breakdown of your expenses by vendor, category, location, and other factors.
  • Payment flexibility: Nitra’s BillPay software will let you pay vendor invoices via check and ACH payments, so you won’t need another payment route for suppliers that don’t accept cards.
  • Special merchant offers and pricing: Nitra has negotiated exclusive discounting with major medical goods suppliers and recurring services.

In essence, the Nitra Practice Expense Card works like other commercial cards but is deeply integrated with Nitra’s healthcare-specific systems for managing expenses.

Nitra Practice Expense Card Fees

Here is a table summarizing the Nitra Practice Expense Card’s fee structure:

Fee Details
Annual Fee None
Transaction Fees None
Purchase and balance transfer APR Standard credit interest rates
Fee for software access None

Note: Other fees for cash advances, late payments, and more may apply.

Nitra Practice Expense Card Pros

For medical practices focused on maximizing the value of their expenditures and gaining oversight of spend, the Nitra Practice Expense Card offers several advantages:

Significant rewards earnings

Nitra offers a generous intro offer of 5% cash back on up to $100K in medical supply and healthcare-related spending. It also gives you unlimited 2.2% cash back on medical expenses, unlimited 1% base earn rate across all purchases, and up to 5% bonuses in top supplier categories.

This means the Nitra Practice Expense Card offers lucrative rewards for everyday healthcare spending. This offering is competitive for a business card with no annual fee.

Consolidated view of finances

Nitra’s software brings together all transaction information in one dashboard. You don’t need to switch between the card website and your bank website. 

Additionally, for practices with multiple locations, you can manage your finances for all your locations in one place.

Virtual cards enable control

The instant, customizable virtual card function gives granular oversight over expenditures — so you can use policies, restrictions, and alerts to manage employee and departmental spending.

Advanced security features enable you to deactivate cards, cancel them immediately, and establish spending limits. This effectively safeguards against both external and internal fraud.

Real-time analytics and reporting

Integration with Nitra’s expense analytics platform enables drilling into expense data across hundreds of dimensions in customizable reports, Identifying more savings opportunities for you.

Exclusive discounted pricing

Nitra has partnered with vendors to offer discounted pricing on items such as medical supplies, equipment, drugs, and services that practices frequently purchase, lowering overall spending.

Oversight and fraud prevention

The ability to create virtual card numbers reduces the risk of unauthorized spending and payments to fake/unknown vendors. It confirms who is being paid.

Nitra Practice Expense Card Cons

While the Nitra Practice Expense Card provides compelling features for many practices, there are also some limitations to consider:

  • Must qualify for business credit: You need to meet credit requirements like other business cards. Newer practices may need owner guarantees first.
  • Carries debt risks: As with all credit lines, practices can accrue high interest charges if monthly statement balances are not paid in full. You’ll need to have disciplined payment habits.
  • Must stay on top of expenses: Nitra’s analytics are only as good as the spending data on their systems. You’ll need consistency with your card usage to gain full benefits. Actively using virtual cards and accurate categorization is key.

How to Maximize Your Earnings with the Nitra Practice Expense Card

To optimize the rewards and savings made from the Nitra Practice Expense Card, you should focus on five key areas:

Firstly, transition your medical supply and healthcare-related spend as soon as you open a Nitra account to take advantage of the generous introductory offer: 5% cash back on all medical purchases up to $100K within the first three months.

Since this is a limited-time offer, maximize your potential $5K cash back as soon as possible.

Use it for recurring costs like supplies and software. Set up payments for high frequency non-labor expenses like disposable supplies, clinical system subscriptions, facility maintenance services, etc., to accrue ongoing 2.2%+ cashback from necessary spending.

You should assign employees specific virtual cards. Distribute virtual card numbers, each with defined monthly limits, to employees making routine smaller-scale purchases. This enables oversight while still earning rewards.

Try to leverage exclusive supplier discounts. Tap into negotiated discounted pricing from major vendors of healthcare products and services to magnify savings beyond rewards earnings.

Make sure to pay the balance each billing cycle. Avoid negating rewards value by accumulating interest charges. Set payment reminders and pay the full monthly statement balance each period.

Is the Nitra Practice Expense Card Worth It?

For medical practices looking to maximize their limited funds, the Nitra Practice Expense Card offers compelling benefits worth considering. It provides cashback rewards, expense-tracking capabilities, and discounted pricing from vendors, enabling both savings and transparency.

The real value lies in consistently using the card for your highest spending categories. When used strategically and paid off monthly, the Nitra Practice Expense Card can drive efficiencies across your supply chain, personnel, and facilities-related spending.

The savings and better oversight of expenses can improve your financial health and support your patient care priorities.

In an industry with tight margins and limited resources, any tool that can reduce costs or recover revenue, even slightly, is worth adopting. While the Nitra Practice Expense Card isn’t a silver bullet solution for all medical business challenges, optimizing its use can make a measurable impact.


Here are answers to some frequently asked questions about the Nitra Practice Expense Card:

How do I apply for the Nitra Practice Expense Card?

You can apply online through this link. Approval decisions are usually provided within 24 hours. To apply, you’ll require basic information like your medical practice’s EIN, business address, and monthly banking records.

What expenses qualify for the 5% cash back rewards rate?

Purchases made on the Nitra Marketplace and other select major medical suppliers qualify for the top 5% rebate rate. These include vendors like McKesson, Cardinal Health, Henry Schein, and Medline among others. See Nitra’s website for full details.

Can virtual cards be used for recurring payments?

Yes. Unique 16-digit virtual card numbers can be assigned for repeated expenditures like SaaS subscriptions, facility maintenance fees, etc. It’s useful for limiting employee access to core payment tools while still earning full rewards.

Does the card report to personal credit bureaus?

In some cases, a personal credit guarantee is required, which could result in the reporting of liabilities and payment history on the owner’s credit report. However, only commercial credit data would be impacted for well-qualified businesses.

Can I manage more than one Nitra Practice Expense Card account?

Yes. The web and mobile applications support oversight of multiple cards issued across unique business entities, locations, or use cases. Expenses can be tracked, compared, and managed centrally, all in one dashboard.

Share this post:

Leave a Comment


Doctor Loan up to 100% Financing

Related Articles

Join Thousands of Doctors on the Path to FIRE

Get exclusive tips on how to reclaim control of your time and finances.