- 1 Types of credit cards that Lowe’s offers | Lowes Credit Card Login
Lowes Credit Card Login: If you shop at the Lowe’s then you’ve probably wondered a few times if you must apply for that credit card with attractive discounts that Lowe’s offers. Read on to know the perks, clauses and other login procedures for the Lowe’s credit card.
Lowe’s is one of the top hardware chains both globally and in the US. Lowe’s store offers in-store credit cards for its customers to avail discounts on its products. The synchrony bank processes the applications for the Lowe’s credit card.
Types of credit cards that Lowe’s offers | Lowes Credit Card Login
Presently there are 2 broad categories of credit cards made available at Lowe’s. The credit cards are classified into “Lowe’s advantage cards” and “Lowe’s business cards”. The business credit cards again have 3 variations namely, Lowe’s business account, Lowe’s accounts receivable and Lowe’s business rewards card from American Express.
The business cards and the advantage cards are similar with no free annual fee and a 5% daily off on various products. But out of all its credit cards, the Lowe’s business card from American express alone can be used in outlets and stores other than Lowe’s. The interest rates on the Lowe’s business cards are also comparatively lower compared to the Lowe’s advantage card ranging from 14.49% to 19.49%. While applying for any of the business cards the customers are suggested to compare the present rates for different business cards before they choose the best suitable one.
There was also a Lowe’s visa rewards card that gave reward points when the customers purchased from Lowe’s. This card was discontinued and is not issued to new customers now.
Perks and benefits of Lowes credit card Login
The Lowe’s advantage card can be a great tool for saving money. It a huge advantage financially in case you are renovating your home or starting up new projects. If you get approved for your Lowe’s advantage card, you will receive a $30 discount on your first in-store purchase following which you will enjoy these benefits:
- No annual fee
- 5% off on daily purchases
- 6 months of special financing on purchases of at least $299
- Project financing on any project of a minimum $2,000 with special interest rates for 36, 60 or 84 months.
Although the “No annual fee” does not come with any clauses, you will have to choose from one of the three benefits given above, that is you can either have 5% daily off or 6 months of special financing or differed interest rates, but not all of them.
There are other special offers available from time to time. These are temporary offers and are valid only for a period of time decided by the store Lowes Credit Card Login
Why and why not to choose the card Lowes credit card login
The Lowe’s credit card can be absolutely beneficial or counterproductive if you don’t count the pros and cons of the card.
The reasons you would prefer to have a Lowe’s advantage card are:
- Regular Lowe’s customer: This is an obvious reason and needs no explanation. The advantage card is an in-store card and can’t be used anywhere else. So it would only be advantageous if you visit the store at least a couple of times in a month.
- No annual fee: This is a real advantage compared to many other credit cards available. You don’t need to pay any fee for owning the card regardless of how often you use it.
- No, wait for reward points: with the other bank credit card you will have to wait a while for the reward points to collect and then put them to use. But with the 5% off on daily purchases, you get the benefits immediately on the purchases.
Although the offers look all nice and shiny there are a few downsides to the Lowe’s credit card as well. So here are a few reasons you would rather skip the card:
- Clauses on the 5% daily off: The 5% daily off is applicable to most products but not all. So don’t be surprised when you are told that certain items are not under the 5% off category. The offer can’t be used along with: Low’s military discount, Lowe’s employee discount, Lowe’s low price guarantee, Lowe’s volume or special discounts, contractor packs and any other coupons.
The offer is also not applicable on extended protection/ replacement plans; shipping, delivery or assembly charges; fees or taxes; gift cards; Darcon, ICON, Fisher & Paykel, Monogram, Smeg or Liebherr appliances; Weber and Kichler products.
- High interest rates: Presently, the standard APR for Lowe’s credit card is a whopping 26.99%. That is a very high-interest rate and can be detrimental in case you are in a situation to balance on your card. In which case you may prefer to choose credit cards with low APR.
(Remember that the details and figures given here on the credit card may change. The present details discussed are from June, 2018.)
The process to apply for the Lowes credit card login @www.lowes.com
Now that you are aware of all the pros and cons of the Lowe’s credit cards, let us move to the application process of the credit card.
The application process can either be in store or online. You can apply in store in case you wish to avail the $30 bonus for new cardholders else you can apply for the card online.
The application process online is fairly easy and can be completed via phone also.
First of all, go to the website www.lowes.com through your mobile or PC. Then click on the tab that says “Lowe’s credit card” which is at the bottom of the page in both cases.
Next chose the Lowe’s advantage card and click the “apply now”.
You will be asked to choose from two card designs and then you will have to fill in your personal information like name, address, date of birth, social security number and net income.
In the next step you are given options on how you would like to receive your statements-via email or paper statements and it also contains an agreement policy which you’ll have to agree to move to the next stage. Once you agree to the policy and submit you have successfully applied for the card.
After you apply, the applications are screened and processes by synchrony bank which issues the Lowe’s credit cards. You are approved or denied based on your credit score like any other credit card processing. Your application is generally processed instantly within a few minutes although it might take a little longer for few applications.
Managing your lowes credit card login account online |
You can pay your bills, check your scores and manage your account preferences by logging in to your Lowes credit card account online. All you have to do is enter the details by visiting “Lowes.syf.com” and selecting the “manage account” tab.
In case you already have an existing userID and password and you’re done. In case you haven’t registered and activated your card yet, you can do so by selecting your card and clicking on the “Register and activate” button.
Recovering your userID or password
The returning users can solve issues such as lost userID and passwords by pressing on the link “Look up my userID” provided in the above-discussed page. The lost userID can be obtained by filling the card number and the billing Zip code. In case of a forgotten password you can click on “Forgot password” and after entering your existing userID you will be given your password by mail or message.
The Lowe’s credit cards issued by the synchrony bank to the Lowe’s customers is an incredible way to save money on your purchases at Lowe’s store. It is very helpful as offers and discounts make a huge difference in the financial planning of a project. As we all know there are two sides to a coin, it can also cost you a lot if you are not careful. With the “no annual fee” and “ 5% daily off” on a plus, you must not forget to keep in mind the high APR of ”26.99%” which is a big downside of the credit card. The decision to select the suitable card finally lies in the hands of the customer but one must keep in mind all the pros and cons and take a calculative step.
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