Lowe’s Business Rewards Card

All information about Lowe's Business Rewards Card has been collected independently by allCards.com. Lowe's Business Rewards Card is no longer available through allCards.com.

The Lowe's Business Rewards Card is a cash back credit card designed for business owners who shop at Lowe’s. You get a 5% discount on Lowe’s purchases when you use your card. For the first 6 months, you’ll earn 5% cash back on Lowe’s purchases and  2% cash back thereafter. You’ll also earn elevated rewards at U.S. restaurants, U.S. office supply stores, and wireless telephone services purchased directly from U.S. service providers.

You can use this card anywhere American Express is accepted, but your rewards are issued through Lowe’s Business Rewards points and can only be used at Lowe’s (statement credits or gift cards). Still, if you spend a lot of money at Lowe’s, this card is a no-brainer. We dive into the details and your approval odds in this Lowe's card review.

Welcome Offer

Earn 5% Cash Back in the first 6 months on eligible purchases at Lowe's. Earn 2% cash back thereafter. New accounts only. Terms Apply.

Lowe's Business Rewards Card

Our Rating

4.0/5.0

Welcome Offer

Earn 5% Cash Back at Lowe’s

Annual Fee

$0

0% Intro on Purchases

N/a

Reward Rate

1% to 5%

0% Intro on Balance Transfers

N/a

Welcome Offer

Earn 5% Cash Back in the first 6 months on eligible purchases at Lowe’s. Earn 2% cash back thereafter. New accounts only.

Editorial Review

Features & Benefits

SecurityEMV Chip Enabled, Alerts
Contactless PaymentsTap to Pay, Apple Pay, Google Pay, Samsung Pay
BenefitsExtended Warranty Coverage, Purchase Protection, 24/7 customer service
Travel PerksAccess to Special Events and Concerts, Auto Rental Collision Damage Waiver, Emergency Travel Assistance

Rewards

1% cash back
On all other eligible purchases
Earn 1% cash back on other purchases.
2% cash back
Cell phone service
Earn 2% cash back on wireless telephone services purchases directly through U.S. service providers.
2% cash back
Office Supplies
Earn 2% cash back at U.S. office supply stores.
2% cash back
Select Categories
Earn 2% cash back at Lowe's after the first six months.
2% cash back
Dining
Earn 2% cash back at U.S. restaurants.
5% cash back
Select Categories
Earn 5% Cash Back in the first 6 months on eligible purchases at Lowe's. Earn 2% cash back thereafter.

Interest Rates & Fees

Annual Fee$0
Foreign Transaction Fee2.7% of each transaction after conversion to US dollars.
Regular APR20.99% - 29.99% (V) APR

Insurance

Extended Warranty

With Extended Warranty you can shop with less worry knowing the terms of the Original Manufacturer’s Warranty can be extended up to one additional year. Applies to warranties of 5 years or less on Covered Purchases in the United States or its territories or possessions.

Purchase Protection

When an American Express® Card Member charges a Covered Purchase with their Eligible Card, Purchase Protection can help protect their Covered Purchases for up to 90 days from the Covered Purchase date if it is stolen or accidentally damaged. The coverage is limited up to $1,000 per occurrence, up to $50,000 per Card Member account per calendar year. Please read important exclusions and restrictions.

Car Rental Loss and Damage Insurance

As a Card Member, You can be covered for Damage to or Theft of a Rental Vehicle in a Covered Territory when You use your Eligible Card to reserve and pay for the Entire Rental and decline the collision damage waiver (CDW) at the Rental Company counter. Please read important exclusions and restrictions. Not all vehicle types or rentals are covered. Coverage is not available for vehicles rented in Australia, Italy and New Zealand. This product provides secondary coverage and does not include liability coverage.

What Credit Score Is Required to Get the Lowe's Business Rewards Card

The following credit score data are based on publicly available information we have collected from various forums. We have no way to confirm the accuracy of this data. In addition, keep in mind that credit card issuers use numerous factors in their underwriting process, and these factors can change at any time.

Lowest Approved Credit Score: 786

Average Approved Credit Score: 786

App StatusDateCredit ScoreBureauCredit Limit
Approved03/27/2023
786
TransUnion
$10,000

Pros & Cons

Pros
  • Welcome offer
  • No annual fee
  • Up to 5% cash back
Cons
  • High APR
  • Foreign transaction fee
  • Requires good credit

What Are the Best Alternatives?

The American Express Blue Business Cash™ Card
The American Express Blue Business Cash™ Card

Rating

4.6

Rewards Range

1% - 2%

Annual Fee

No annual fee

U.S. Bank Business Leverage® Visa Signature® Card
U.S. Bank Business Leverage® Visa Signature® Card

Rating

4.5

Rewards Range

1% to 5% cash back

Annual Fee

$0 intro annual fee the first year, $95 thereafter

Ink Business Unlimited® Credit Card
Ink Business Unlimited® Credit Card

Rating

4.6

Rewards Range

1.5%

Annual Fee

$0

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