topic Re: Lowe's Advantage rebranding in Credit Cards

Lowe's Advantage rebranding

Dilbert934 — Tue, 09 Jan 2024 03:01:21 GMT

Received the following email a few minutes ago. Looks like Lowe's is rebranding their Advantage card.

Dear Cardholder,

The Lowe’s® Advantage Card will become the MyLowe’s Rewards Credit Card on 3/7/24. Please be aware that though the name and look of the credit card will be different, there is no action required from you.

Sincerely,

Lowe’s Credit Services

I hope they don't get rid of the 5% discount. It ads up over time.

Re: Lowe's Advantage rebranding

CYBERSAM — Tue, 09 Jan 2024 08:03:07 GMT

Got the same thing, my only concern is Sync been nerfing many of thier cards in past few months 😒

Re: Lowe's Advantage rebranding

Scottisthename — Wed, 10 Jan 2024 19:26:17 GMT

Feels like Lowe's & Synchrony have been together forever a quick search turned this up and indeed they have since 1979. It's the only credit card partner they have ever had. In 2018 they signed a multi year deal but the release doesn't state how many years.

https://www.synchrony.com/contenthub/newsroom/synchrony-and-lowes-extend-strategic-partnership.html

I highly suspect the 5% is going bye bye and being replaced by a points reward to not save money but instead use those pints or reward cash to buy more stuff.