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$100
Welcome offer
Up to 5x
Points
$0
Annual fee
0%
Intro purchase APR
for the first 6 months (then 15.74% to 24.74% variable)
Annual fee | $0 |
---|---|
Welcome Offer | $100 cash back upon approval |
Rewards | 3x points at restaurants and US office supply stores and on US wireless telephone services, 2x points at Lowe’s and 1x points on all other purchases |
Purchase APR | 0% intro for the first 6 months (then 15.74% to 24.74% variable) |
Balance transfer APR | N/A |
Recommended minimum credit score | 670 |
Issuer | American Express |
Review by
Kevin Joey Chen is a credit cards, banking and investments writer whose work and analysis have appeared on CNN, U.S. News & World Report, Business.com, Lifehacker and CreditCards.com. He's passionate about helping you get your finances in order by expertly navigating cutting-edge financial tools — including credit cards, apps and budgeting software.
If you’re looking for a great Lowe’s credit card, you’ve found it here. With a 5% discount on eligible home-improvement purchases, the Lowe's Business Rewards Card from American Express can help you rack up savings quickly. Furthermore, you can accrue points in other categories and redeem toward Lowe’s gift cards and other rewards. A $0 annual fee only sweetens the deal.
Because Amex automates conditional approval online, you may get a decision on your application within 30 seconds. If there are issues with your application, it could take a few days to a few weeks to hear back.
After you’re approved, you’ll typically receive your card within 10 business days.
Redeem your points for:
Redeem as few as 2,500 points for Lowe’s gift cards, outdoor rewards cards and gas rewards cards. For these cards, each point is worth the industry standard of 1 cent.
Obtain American Express Gift Cards for as low as 3,500 points. For these cards, each point is worth about 0.7 cents as of July 2018.
You’ll find longer intro APRs with other business cards, but this is a welcome perk given the previous iteration of this card didn’t include it.
If you’re more than 100 miles from home, call the Global Assist Hotline tor medical, financial, legal and other emergency assistance.
If you have car problems on the road, call Roadside Assistance for help with towing, car battery charges and more. And when you pay for a car rental with your Lowe's Business Rewards Card from American Express and decline the collision damage waiver, the vehicle is covered against damage or theft.
And through Amex Offers, you can get extra rewards and discounts at select retail and dining partners.
The Lowe's Business Rewards Card from American Express is a good choice for businesses of all sizes. It has a $0 annual fee, so you won’t feel pressured to earn rewards to make the card worth paying for.
Getting 5% off at Lowe’s can add up over time. And the card offers accelerated rewards in helpful business categories like office supplies and Lowe’s purchases.
To apply for the Lowe's Business Rewards Card from American Express, you must be:
To complete the application, you’ll need to provide information about yourself and your business, including:
You’ll have a better chance of approval for the Lowe's Business Rewards Card from American Express if you apply with a good to excellent credit score of 670 or higher. If you have a healthy business and excellent credit, your likelihood of approval is strong.
Other factors that might affect your odds of approval:
Always consider your options and your financial situation before you apply for a credit card.
The American Express Company has been accredited with the Better Business Bureau since 1948 and earns an overall A+ rating as of October 2020. However, 90% of its reviews are negative and it has nearly 3,400 customer complaints. Amex cardholders in general complain of rude customer service reps, missing statement credit and issues disputing charges.
The company earns a Trustpilot score of 2 out of 5 as of October 2020. Many negative reviews cite unhelpful customer service and inflexible company policies. Positive reviews say the company employs pleasant customer service representatives. Overall, your mileage may vary with American Express customer support.
The Lowe's Business Rewards Card from American Express is a worthy credit card for the Lowe’s regular. It offers a helpful 5% discount each time you buy eligible items at the home improvements superstore. It also offers a variety of categories in which you can earn accelerated rewards. For all of this, you’ll pay a $0 annual fee.
Not all business cards are created equal, and you may be looking for more features than the Lowe's Business Rewards Card from American Express has to offer. Compare your business rewards card options to find the best one for your business.
Images: AmericanExpress.com