Lowe’s Credit Card: A Comprehensive Guide [2024]

Irina Tsymbaliuk

Lowe’s, one of the leading home improvement retailers in the United States, understands the importance of providing customers with convenient financing options to incentivize purchases and foster loyalty. Lowe’s credit cards provide a smart and efficient method for purchasing a wide range of products and services related to home renovation, maintenance, and decoration. With the focus on varying customer needs and objectives, the retailer comes up with custom-tailored options for personal and business use.

In this Lowe’s credit card review, we’ll touch upon the ins and outs of different Lowe’s cards. We’ll explore their features and highlight their benefits to help you make a well-informed choice.

Lowe’s Synchrony Credit Card for Individuals

Synchrony Lowe’s credit cards provide customers with a unique proposition for individual customers. The Lowe’s Advantage Card is a store credit card that packs rewards, discounts, and custom offers for frequent Lowe’s shoppers. It’s a great money-saving tool for those who seek to optimize their expenses on everyday items. The credit score for Lowe’s card is 640, at a minimum.

Lowe’s Advantage Card Pros

There are many reasons you’ll enjoy using the Lowe’s store credit card. Along with the ability to pay for larger purchases over time, Lowe’s Advantage cardholders also receive exclusive discounts and special financing offers throughout the year. Let’s look into the perks this card will put on your plate in more detail.

  • You’ll get 5% off all your eligible buys in Lowe’s stores and on This discount can provide significant savings over time, especially for those who frequently shop for home improvement supplies or appliances;
  • A six-month special financing offer applies to all purchases of $299 and more to be paid within a half-year period;
  • When it comes to tackling bigger projects, the Lowe’s Synchrony card can help you get what you need with 84 fixed monthly payments. The Fixed Financing option entails a reduced 9.99% APR and is valid for cheques starting at $2,000;
  • A one-time 20% discount for new accounts (valid till 3/6/2024 and no more than $100);
  • The branded Lease-to-Own Program allows you to take your purchases home on the same day while paying only $59, with no credit involved. This option is valid for purchases between $150 and $2,500. You can go for the 90-day pay-off and get a discount or simply repay your buy in installments within 12 months;
  • This Lowe’s store credit card does not have an annual fee. Cardholders can enjoy the benefits of the card without worrying about an additional expense each year;
  • Lowe’s occasionally hosts exclusive events and workshops for Advantage cardholders, providing opportunities to learn new skills and receive expert advice.

Lowe’s Advantage Card Cons

Our Lowe’s store credit card review wouldn’t be complete if we omitted the Advantage card limitations.

  • The Advantage card discounts do not combine. Thus, you can not use both a 5% discount and special financing at the same time. You should pick one option;
  • You’ll avoid paying interest on promotional purchases only if you have no balance transfer within the period special financing is valid;
  • The Lowe’s Synchrony credit card can only be applied in Lowe’s stores, with no flexibility and accessibility offered by Visa, Mastercard, or American Express cards;
  • There is no introductory 0% APR available;
  • At 28.99%, the regular APR is relatively high and could result in high maintenance expenses if you fail to repay the balance monthly;
  • A 20% welcome discount for new users is limited to $100 and could be more generous.

Lowe’s Credit Cards for Businesses

Along with the Lowe’s Synchrony bank card for personal use, the retailer also has two credit card options specifically tailored to help businesses manage expenses, streamline purchasing processes, and earn rewards. These cards are ideal for small to medium-sized businesses, contractors, remodelers, property managers, and other professionals working in the home improvement domain who frequently purchase supplies from Lowe’s. Benefits like flexible payment options, expense-tracking tools, and lucrative discounts will allow them to cut down spending on supplies.

The Lowe’s Business Advantage and Lowe’s Business Rewards Cards share a bunch of benefits:

  • A 5% discount on daily purchases at Lowe’s;
  • 20% off for new in-store applications;
  • Convenient online account management available 24/7;
  • Discounted delivery of supplies;
  • Extended return period of 365 days;
  • Invoicing options.

Lowe’s Business Advantage Card

This card is very similar to the Lowe’s store credit card for personal use in terms, conditions, fees, and interest rates. What it adds, though, is a 0% interest for 60 days on new purchases to lower the burden on renovation budgets for businesses. In addition, cardholders will get an opportunity to repay the balance in monthly installments or in full to optimize cash flows. Besides, once approved, your account is automatically added to your digital Pro Wallet for even more rewards.

Lowe’s Business Rewards Card

Issued by American Express, this card offers more flexibility than Lowe’s store credit cards.

Why choose this option?

  • Relying on the American Express network, this card is applicable anywhere American Express cards are accepted, stretching your payment capabilities far beyond Lowe’s stores;
  • 5% cash back on purchases at Lowe’s for the first half year of use, switching to 2% afterward;
  • 2% cash back on eligible purchases in US restaurants, supply shops, and wireless service providers;
  • 1% cash back for other eligible buys;
  • Business owners are allowed to issue additional cards to employees at no cost;
  • No annual fee is applied.

Not everything in the garden is rosy, though, and the Lowe’s Business Rewards Card has its downsides.

  • No intro APR;
  • APR on purchases varies between 20.99% and 29.99% depending on your creditworthiness;
  • Despite the cash back, you can’t actually cash out your bonuses. You can only redeem them in the form of Lowe’s or Amex gift cards or statement credits.


All in all, Lowe’s credit cards are a worthy option for anyone striving to earn some benefits from Lowe’s purchases and optimize their expenses on home improvement supplies. Subject to wise use and timely balance repayments, they could bring you back quite a buck.


What is the credit score requirement for Lowe’s credit cards?

Though the retailer doesn’t expressly declare the required credit score for Lowe’s card, those who have fair to poor scores (less than 640) have lower chances of gaining approval. So, make sure to check your score before applying.

How do I apply for a Lowe’s credit card?

To apply, it’s enough to visit Lowe’s website, go to “Credit,” and choose one of the special solutions that speak to you the most. You can pick a Synchrony Lowe’s credit card for efficient and rewarding personal shopping or one of the business cards that best matches your business needs.

What are the types of Lowe’s credit cards, and how do they differ?

Basically, Lowe’s credit card offers are split into two categories. A store credit card is meant for personal use. There are also a few solutions specifically designed for businesses, including Lowe’s Business Advantage and Lowe’s Business Rewards cards.