Lowe’s credit card is issued by Synchrony Bank, one of the banks known for giving credit cards to well-known stores in different sectors. This time it is to help you in your home renovation projects.
Some specialists warn that it is not the best choice to have credit cards; Synchrony Bank usually has high-interest rates on its products. If Lowe’s is your preferred place for home renovations, you should get their credit card.
Lowe’s credit card payment phone number
For Lowe’s credit card payments, you can call 1 – 800 – 444 – 1408; you will be able to speak with an agent to obtain information about your account and how to make your payment.
When you request help from an agent, the service typically has an additional cost for which you need to be prepared. They recommend making claims or card payments through Lowe’s website. The procedure is simple; follow the steps outlined on each tab of the website.
Is the Lowe’s credit card good for you?
As we mentioned, it is a card issued by Synchrony Bank like most name brand credit cards; this time, they wanted to offer it to you for your home improvement projects.
If you are spending a lot on furniture, gardening supplies, or tools in general, the Lowe’s credit card can be a great help. When you evaluate your monthly purchases and spend a lot of money on batteries, light bulb replacements, or general DIY tools, you’ll get a lot out of this credit card.
Each month it has many financing offers, especially when you purchase big-ticket appliances or technology equipment; many requests will allow you to pay interest-free for a limited time.
Benefits of the Lowe’s credit card issued by Synchrony Bank
The company offers daily rewards and perks for those who purchase its credit card; you can get a 5% discount on select product purchases, six-month financing on purchases over $299, or have fixed payments for 84 months with a reduced APR rate on purchases over $2000.
Synchrony Bank included a revolving credit line in Lowe’s credit cards, which means you can make the purchases you want within the approved credit limit according to your monthly payments.
Among its benefits, you can avoid paying interest if you pay the full amount of your card each month, and there is no annual fee. However, combining the 5% discount promotion with the six-month financing offers is not allowed.
To get the six-month promotion, you must make minimum payments on the stipulated days of each month and have paid the full amount of your purchase at the end of the six months. For the special 84-month financing, the fixed monthly payment has a reduced APR of 7.99%.
Is the card obtained with Synchrony Bank or at Lowe’s stores?
Although it is a credit card issued by Synchrony Bank, you can apply for it at any Lowe’s store near you. You will be given a form where you must add personal and credit information.
The decision on the credit you will get is a matter of minutes. To make the application faster, you can access Lowe’s website and go to “credit card application.” You will receive an acceptance or denial immediately.
It is important to note that Lowe’s credit card is a closed-loop card, meaning you cannot use it at other stores or ATMs. After you apply, receive your credit card and activate it, you can start making the purchases you want at Lowe’s.
Is there a minimum credit score to use it?
Currently, there is no established credit score to acquire the product. Likewise, before applying for a credit card, you should know your credit history to verify that there are no errors.
Customers with good credit, or at least with scores in the “good” range, are more likely to receive the credit card without problems and almost immediately once the application is made. According to experts, a good credit score is 670 or higher.