Lowe’s credit card is a closed-loop card that can be a useful financial tool when purchasing equipment, appliances, and other household items. It only requires a fair credit score of at least 620 or higher, making it easier to qualify for your application than other common credit cards. You can also try to pre-qualify for a Lowe’s Advantage card without affecting your credit score.


On the other hand, Lowes Credit Card, by its nature as a loyalty card, is not designed to function as a primary card that you can use anywhere. Valid only at Lowe’s stores in the United States and Canada. Of course, it’s not a flexible card, but for the right person, it’s worth it.

This Synchrony-issued card has no annual fee, so you can be confident that it will not increase your annual financial obligations. New cardholders will also receive an introductory bonus of up to 20% on their first purchases through January 31, 2022. Not the best welcome gift as the cashback is capped at $100 which means it applies just a maximum purchase of $500. But like a regular card that can still give you discounts, Lowe’s credit card can impress you.

In fact, despite the lack of rewards programs, Lowe’s credit card can offer an unlimited 5% discount on eligible Lowe’s in-store or online purchases. This gives you instant savings every time you shop at Lowe’s, and you can even save up to 10% on select purchases during special cardholder promotional days.


Ultimately, Lowe’s credit card may still pass the barrier of large corporate credit cards. It lacks other aspects, such as the introductory bonus bounty and the availability of rewards programs, but it might be a do-it-yourself card and suitable for enthusiasts. The 5% cashback seems fair, and the financing options are great if you need extra time to pay off a big purchase. Still, like our reviews of other credit cards we’ve reviewed earlier, it can be a perfect shopping tool…if you know how to use it properly.