A small-town hardware store in North Carolina once and now one of the largest home-improvement product sellers globally.
Yes, we are talking about Lowe’s only.
If you are a regular customer at Lowe’s or went recently, you must have had the experience of someone asking you about their membership card.
What they are asking from you is that whether you have their MyLowes credit card or not?
Getting the next time when you shop at our store or online is the common answer.
So, What Is a Mylowes Card?
Well, it is a free card Lowe’s offers at their stores which gives you some awesome perks, and the biggest of them can view your recent transactions at one go.
It is simply the easiest way to do this accurately.
PS – Registration for this card is also very easy as one can keep track of all expenses.
PPS – From May 2017, Lowes began the US Armed Forces exclusive 10% military discounting at their outlets for either serving or honorably discharged army men.
MyLowe’s Card benefits
The perks are exclusive to cardmembers only. MyLowe’s Advantage card, for instance, comes with a zero annual card fee.
- The most exclusive perk is going to be able to track your expenses and other shopping info.
- MyLowe’s offers a special List tool that assists in creating lists so you can organize your home stuff easily.
- One can create numerous listings like one for Bathroom remodeling and another for kitchen projects.
- The reminder option helps to stay abreast of all new routines like the items we buy regularly or monthly.
- A home profile can be created, which can help you for managing the home contents like you can create a folder named garage and add some stuff there.
- You can also save the accurate details of each home-related room so that you need do the hard work again.
- Save your billing information.
MyLowes Card is not Lowes Credit Card:
This is a confusion that often takes place for many buyers, so let’s understand the difference between both.
- Mylowes card resembles more like a basic rewards card that we often get while shopping at stores.
- Lowes maintains track of plenty of information related to your home in their databases.
- These typically include room dimensions, paint colors, etc.
- One can sign-up for their weekly newsletters and get reminders for weekly or monthly goods.
- This is different from other credit cards, which are more like retail cards and do not necessarily offer these additional perks.
Lowe’s CC benefits:
Lowe’s offers its credit card with the purpose of savings or for financing so that it helps many individuals to finish their home projects.
The most famous among these is the Lowe’s Advantage Credit Card.
- Lowe promises a lot of perks known as the DA or daily advantages.
- One can get a 5% flat discount on certain items or 6-month smart financing on $299+ of purchases from them.
- Lastly, one can go for eighty-four-month payments, which they call Fixed Payments.
- One can get less APR rates of $1,999+ and more.
- Also, they keep on giving certain special sales like black-Friday ones and other deals from time to time.
- One can avoid the interest charges if they pay on time, which is 27.01% APR.
- All these perks come with zero annual fees, which are quite a plus-point.
PS – Other than the above, other perks are like other general credit cards like a revolving line of credit scheme.
PPS – Currently, if anyone opens the account before Jan.31, this year, they get a flat 20% off on a minimum $100 spend as the first buy.
Some other questions,
Related Questions and Frequently Asked Questions (FAQ):
Q1.) How can one apply for a MyLowes card?
Answer: Once you have made your mind to apply for the MyLowes card, simply visit their CC services in the credit section.
You can learn a plethora of information about the different types of cards and their other advantages.
In addition, you can also learn about various other cards as well that might suit you more.
Q2.) Where can you find the MyLowes account number?
Answer: First, you need to activate it from scratch, and the benefits include being able to see all the transactions accurately.
Simply login by entering your details, then tap in on your name on their site.
Lastly, reach the MANAGE MY MyLowes CARD and then head to all saved cards.
Q3.) Can the MyLowes card be used everywhere?
Answer: No!
It should be only used at Lowe’s or their website while purchasing their goods.
Q4.) Where is the CVV on MyLowes card?
Answer: CVV is commonplace on mostly all cards and is a three-digit number on which CVV is on the backside of the card.
Most often, you can locate it near the signature panel at the back.
Q5.) Can the MyLowes be termed as a credit card?
Answer: Yes! It is a store CC, and the Lowe’s Advantage Card has little benefits for interest rates.
The standard APR of these cards will be expected at around 26.99%.
Q6.) How to make a fresh MyLowes account from scratch?
Answer: You need to provide your regular bank details like full name, mobile number, e-mail, etc.
Then visit Lowes.com to register there and enjoy the cash backs or other benefits each time you buy at their website or in person.
Lastly, you can sign in to view a history of all your purchases at a single place.
Q7.) What is the main business of Lowes?
Answer: Lowes is simply a retail company focusing on Home Improvement.
The HQs are in Mooresville, NC.
Recently, they have expanded to more stores in US and Canada.
Q8.) How to use the Lowes discount card for online shopping?
Answer: Follow the same steps as for other cards by signing in with your details at Lowes.com and registering there.
One can get up to 10% off on this employee discount card which is amazing.
Q9.) What is the PPH of Lowes cashiers?
Answer: ~$12.5/ hour.
The general range is from $5 to $17 an hour.
Q10.) Can one use the MyLowes same day of purchase?
Answer: Yes!
All it needs is approval, and if you have already approved for this card, then there is no going back.
Simply fill in the details and use them on the same day even.
Q11.) How many days does one have to work at Lowe’s to be eligible for benefits?
Answer: 89 Days of continuous job, as per the Lowes employee spokesperson.
The benefits generally include comprehensive health insurance coverage and others.
Q12.) Is it possible to use a card without its CVV?
Answer: No!
For debit cards, if there is no CVV, there is no transaction possible as per their security rules.
For credit cards, no CVV means no authentication for any type of transaction.
Q13.) Can we give our card number and CVV to anyone?
Answer: No!
CVV has another name, and that is a security number or card verification value.
It is a three-digit code, and sharing it with anyone is not a great option as it is a secret number and crucial for security.
Q14.) Can someone crack our CVV?
Answer: Yes!
If there are any crooks, it can destroy your whole visa card in seconds, and the code is only about three digits long, which anyone can try to guess.
Q15.) Is there any instant credit approval scheme by Lowes?
Answer: Yes!
As the name suggests, this means a quick notice on whether you are eligible for this card or not after the application submission step.
PS – Some cases might take longer and up to a week to get the results.
Q16.) Is there any threshold credit score requirement for the Lowes Card?
Answer: Yes!
A score of a minimum of 665+ will give you the best chance to qualify, and MyLowes advantage card is not a proper credit card and is more of a retail credit card.
So, your chances are even higher.
Q17.) Does one need to pay an annual fee for the Lowe’s advantage card?
Answer: No!
This is another reason why the advantage card can help maximize your savings, and this is even true when you are unable to use the same for some time.
Final Verdict
With more than 300K + associates in USA and Canada and over 20M+ customers served/ week, Lowe’s knows what they are doing.
To add some more stats, Lowe’s made over 90B + in sales in 2020 alone.
Lowe’s credits cards and mylowes card helps in maximizing the savings and assist in getting a customized financing option to start building your dream home now.
For instance, the Lowe’s Advantage credit card has no annual fees and can help you finance as well.
On a similar note, the recently launched 10% flat discounting to all military members is a great upliftment by Lowe’s.
For credit card holders, they can get a special financing option for $299+ purchases.
APR for Lowe’s advantage card is 26.99%.
Mylowes card, on the other hand, gives some tools like tracking expenses and those for booking reminders for monthly or weekly shopping.
The global expansion of Lowe’s will keep on happening, which will make their products accessible to everyone.
Thanks For Reading!