The Lowe’s Visa Rewards Credit Card is good for home improvement and the diy types who make the most of their purchases at Lowe’s retail locations across the United States. A person planning a major do-it-yourself home renovation who does not want to pay the entire cost up front can also benefit from this card. Customers who buy a lot of home improvement products can save significant money each year with the 5% off promotion, even if the special financing deals are never used. This Card offers a significantly less in interest than most credit cards by financing the cost over 36 months at 3.99% APR.
Lowe’s Visa Rewards Credit Card Rewards & Benefits
- 5% off all purchases made with the Lowe’s Visa Rewards Credit Card.
- 0% interest for six months on purchases of $299 or more, or 36, 60 or 84-month special financing on purchases of $2,000 or more.
- Customers may not combine the 5% off promotion with the six-month or special financing deals. With the six-month promotion, the cardholder must make minimum payments on time each month, and pay off the full amount of the purchase by the end of the six months. If not, the 0% interest provision is rescinded, and interest is applied to the purchase.
- 36, 60 and 84-month special financing offer is structured with fixed monthly payments for the respective number of months at a reduced APR of 3.99%, 5.99% and 7.99%.
How does the Lowes Visa Rewards Credit Card Work?
Customer may use the card for any purchases made at Lowe’s up to a certain credit limit, which is based on the customer’s creditworthiness. Lowe’s Consumer credit card is not accepted at retailers other than Lowe’s, or at ATMs. Cardholders can avoid interest charges by paying off the full balance every month. Any balance carried on the card beyond the first month accumulates interest at an APR of 26.99%, as of May, 2017.
How to Apply for the Lowe’s Visa Rewards Credit Card
Interested customers can apply for the card at any Lowe’s store or online. Credit decision takes only minutes. Once approved and activated, cardholder may use the card for any purchases at Lowe’s. To apply online;
- Navigate to the “Lowe’s Visa Credit Card Application” page.
- Tap on the “Apply Now” below the Lowe’s Visa Rewards Credit Card.
- On the first page of the application, fill in all the details asked for. On the next page, fill in all the personal details required.
- Click the 60 second decision page, accept the Terms and Conditions and submit your form.