Rates And Fees

The Lowe’s Advantage card, issued by Synchrony Bank, can be a big money saver in the right situation. For customers planning expensive home improvement projects who have a Lowe’s Credit Card nearby, the 5% discount can mean significant savings. The card doesn’t have a traditional welcome bonus, but it does offer a coupon for 20% off (up to $100) on your first purchase if you sign up and use the card in-store right away.


Information About Rates And Fees

I put some items in the cart and made the purchase. They gave me a $30 coupon to use on my first purchase which was a nice welcome bonus. It’s even better after your first purchase. When you register, you can choose which Lowe’s Advantage card benefit you want to take advantage of, starting from 5% off your purchase or financing (duration depends on how much money you spent).

On my second trip, I took advantage of the 5% discount because I wanted to see what would happen. The 5% discount was deducted from the total amount right there. I didn’t have to spend money to earn points, go to my card account and redeem the points, or sign up for the promotion. It was here that I immediately saved 5%. Lowe’s scores points for having the most flexible and easy-to-use rewards program I’ve ever seen.

Five percent is a generous discount, the likes of which I’ve never seen on any other store’s credit card. And that’s especially liberal since Lowe’s biggest competitor, Home Depot, doesn’t offer credit card discounts in stores.

Lowe’s financing options are extremely flexible and the perfect way to make your purchases more affordable. This allows you to get the supplies you need to complete a project and pay off the balance over time without interest.