Reply
Valued Contributor
Posts: 1,267
Registered: ‎09-14-2012
0

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.....

Never take credit personally

Amex BCP $24,900; Chase Sapphire Preferred $24,200; Chase Marriott $20,000; Discover It $12,500; Chase Ink Cash $15,000; Chase Slate $13,500; Citi TYP $12,900; Capital One Venture $15,000; Amex SPG Biz $3,000; DCU Visa $10,000; Logix FCU $15,000; Citi Home Depot $8,800; Lowes $8,000; Care Credit $6,000; Penfed Platinum Sig $16,000; Barclay Arrival Plus WEMC $15,000; US Bank PLOC Overdraft $1,500; US Bank Perks+ Visa Signature $8,600; US Bank Edge Rewards Business $10,000; PenFed PLOC $5,000

Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
0

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
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
New Contributor
Posts: 65
Registered: ‎08-23-2012
0

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
Posts: 6,279
Registered: ‎08-16-2012
0

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| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|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
Posts: 2,112
Registered: ‎09-25-2011
0

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! Smiley Happy

 

there are ways to get more sneaky if you want.... but we won't go there! Smiley Happy 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
Moderator
Posts: 13,897
Registered: ‎04-15-2011
0

Re: Thinking about Lowes card for 5% off

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

Starting Score: 504
July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
Epic Contributor
Posts: 25,591
Registered: ‎10-23-2007
0

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- 670., TU 710 Sync, EX 728 SoFi(05/04/15)
I'm just trying to catch up to RON1
95 Cards and Counting Smiley Tongue
Super Contributor
Posts: 6,672
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
Posts: 6,279
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| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|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
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? =)


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.