Question: Is It Worth Getting A Lowes Credit Card?

What are the benefits of a Lowes credit card?

Get the Lowe’s Advantage Card and receive:5% off* every day or 6 months Special Financing** on qualified purchases.

Get Details >Or 84 fixed monthly payments with reduced APR† on qualified purchases.

Get Details >Exclusive cardholder events.No annual fee0Limited Time Only: New accounts get 20% off your purchase today†.

What credit score do you need to get a Lowes card?

620 FICOThe minimum credit score needed for a Lowe’s card is 620 FICO. This is the same for the Lowe’s Advantage Card and for Lowes Business Cards. Make sure your revolving utilization is below 30% when you apply or they may deny you. You should always consider improving your credit score first before applying.

What is the interest rate on a Lowes credit card?

Its APR varies from 17.99 to 26.99% based on creditworthiness, so a cardholder might pay a lower or slightly higher rate of interest versus the Lowe’s card, depending on his or her credit.

What bank is Lowes credit card?

Synchrony BankAdditionally, Lowe’s offers 2 business credit cards through Synchrony Bank that provides the 5% discount.

Which credit bureau does Lowes use?

The Home Depot and Lowe’s use all three major credit reporting bureaus to process store credit card applications. When you apply for a store credit card from The Home Depot or Lowe’s, their systems will randomly select Experian, Equifax, or TransUnion to check your credit.