Amex Updates the Lowe’s Business Rewards Card
American Express and Lowe’s introduced a new cash back reward option for small and mid-size business Card Members. Lowe's Business Rewards Card Members can now earn rewards and redeem them for cash back on their statement, whether visiting Lowe’s to stock up on appliances, lumber or tools, or making purchases outside of Lowe’s.
The updated Card rewards include:
- 2% cash back on Lowe’s purchases
- 2% cash back at U.S. restaurants, U.S. office supply stores, and wireless telephone services purchased directly from U.S. service providers
- 1% cash back on other purchases
New and existing Lowe’s Business Rewards Card Members can apply their Lowe’s Rewards to any purchase on their statement or redeem them for Lowe’s gift cards. In addition, Lowe’s Business Rewards Card Members will continue to enjoy:
- $0 annual fee
- Access to benefits with Lowe’s ProServices, including access to dedicated ProServices team members, discounted delivery, and bulk rate pricing
- 5% discount at Lowe’s on eligible purchases, when checking out online or in-store
- Access to American Express’ expense management tools including Cards for employees, account alerts to manage companywide spending and more
- American Express benefits, such as Purchase Protection, Extended Warranty and more
- Amex Offers for savings across shipping and advertising services, technology, office supplies and more
Welcome Bonus
Eligible new Card Members can also take advantage of special welcome offers, including:
- 5% cash back at Lowe’s for the first six months of Card Membership
- $100 statement credit upon Card approval
- From September 13, 2021 through September 24, 2021, receive an additional $50 statement credit on top of the $100 after joining Lowe’s4Pros Loyalty Program and registering their Card
- APPLY HERE (referral link)
Guru’s Wrap-up
The card comes with a much smaller bonus than other Amex credit cards. But it is a useful option for those who shop at Lowe’s often. While you only earn 2% cash back on Lowe’s purchases, you also get a 5% discount. Plus for the first six months you earn 5% cash back at Lowe’s and get a $100 bonus if you sign up now. There’s also an additional $50 statement credit for joining Lowe’s4Pros Loyalty Program.
