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Established Contributor
sccredit
Posts: 951
Registered: ‎09-14-2012
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Thinking about Lowes card for 5% off

I am going to be doing quite a bit of work on our house over the next couple of months and am debating the Lowes card for the 5% off (would give me about $500 over the next 2 months)

 

I actually had the application opened in my browser and almost submitted.  Not sure if I REALLY need a new account.

 

Decisions, decisions.....

Unsecured Credit: Amex BCP $24,900; Chase Sapphire Preferred $24,200; Discover It $12,500; Chase Ink Cash $15,000; Chase Slate $13,500; Citi TYP $12,900; Amex SPG Biz $3,000; US Bank Platinum $8,600; DCU Visa $10,000; Logix FCU $15,000; Citi Home Depot $8,800; Lowes $5,000; Care Credit $6,000; Penfed Platinum Sig $16,000; Barclay Arrival Plus WEMC $5,000; Bank of America World Points Business Visa $8,000; US Bank PLOC Overdraft $1,500; US Bank Edge Rewards Business $10,000; PenFed PLOC $5,000

Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011
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Re: Thinking about Lowes card for 5% off

They also have deferred interest promotions that might work out for you, read the info online for them.



Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
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New Contributor
riker20
Posts: 65
Registered: ‎08-23-2012
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Re: Thinking about Lowes card for 5% off

Applying in store should get you a higher inital limit than submitting online.  However, with use of the GE backdoor number to the underwriters, you can easily get a higher limit.

NFCU Flagship - 50k | Chase Sapphire Preferred - 38k | AMEX BCE - 29.3k | Best Buy Store Card - 21k | Furniture Row - 19.7k | Lowes Card - 16k | NFCU LOC - 15k | Amazon Store - 12k | Macy's - 6000
Senior Contributor
youngandcreditwrthy
Posts: 6,242
Registered: ‎08-16-2012
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Re: Thinking about Lowes card for 5% off

I love mine. Used it for a fridge in 09 w a $500 limit, now it's at $12000!
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Established Contributor
distantarray
Posts: 2,112
Registered: ‎09-25-2011
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Re: Thinking about Lowes card for 5% off

[ Edited ]

5% isn't worth it. Do what I do is much better!

 

Go to USPS get a movers package you'll get a 10% coupon, then use your Freedom card since MARCH category = 5 points per dollar now ! (just recently added!)

 

 

so that's 10% + 5 UR points worth a minimum of 15% total.   Since I get a redemption of around 4 cents average per point (united flying to asia) for me that's like 30% off! :smileyhappy:

 

there are ways to get more sneaky if you want.... but we won't go there! :smileyhappy: and no i'm not sharing that info, it's borderline stealing! and no i won't do it either. 

 

Oh you can also use Cardpool or plastic jungle for 10% off Lowes and Home Depot gift cards to use + 10% movers coupon = 20%  + points earned for buying off cardpool etc = 21% easily.

 

 

edit : note Home Depot will honor Lowes movers package coupon as well.


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
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Shogun
Posts: 12,952
Registered: ‎04-15-2011
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Re: Thinking about Lowes card for 5% off

I love my Lowes card.  5% discount on all purchases or special 0% on special purchases.


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Epic Contributor
Creditaddict
Posts: 20,896
Registered: ‎10-23-2007
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Re: Thinking about Lowes card for 5% off

I would apply!

either in store or at home, just carry that little backdoor number with you... as soon as it pops up approved call and ask them to increase it to $25k.

you think that sounds crazy but I have seen it time and time again and you have what appears to be solid scores and solid limits with other banks... GE is an easy one to instant increase and Lowes and CareCredit with GE seem to be the most huge increase cards at time of approval!

Fico Scores: EQ- 682 DCU, TU 696 Walmart, EX 695 NASA(10-6-14)
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Super Contributor
CS800
Posts: 6,550
Registered: ‎04-07-2008
0

Re: Thinking about Lowes card for 5% off

[ Edited ]

The 5% is great to offset some sales tax. For example, the sales tax in MA is 6.25% so if I go to Lowes in MA, the 5% tends to compensate a bit

 

Like LS mentioned they have some great 0% finance deals, that's why I got his card.

 

I use my military ID for 10% off and buy in NH. The card came in handy when I was renovating my house for the special financing they had on flooring and appliances. Reason why they gave me a CL of $16K




Senior Contributor
youngandcreditwrthy
Posts: 6,242
Registered: ‎08-16-2012
0

Re: Thinking about Lowes card for 5% off

They also do 5.99% apr for 84 months often too.

Dang, maybe I need to call for a $25k limit! Haha!
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Established Contributor
distantarray
Posts: 2,112
Registered: ‎09-25-2011
0

Re: Thinking about Lowes card for 5% off

Since my father was a military vet and lowes covers immediate family, would they also take a movers coupon with the discount or no? =)


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