Lowe’s Business Rewards Card from American Express is designed for businesses that shop at Lowe’s frequently because it offers access to Lowe’s ProServices, including discounted delivery, bulk rate pricing, and the Business Replenishment Program. New cardholders can also enjoy a 5% in-store discount for all eligible purchases.
If you wish to compare one card over another, select a maximum of three cards on this page and click Add to Compare to view the details in a side-by-side comparison.
Lowe’s Business Rewards Card from American Express
Intro APR
N/A
Regular APR
20.99% - 29.99% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Extra Value Offer: 5% cash back on purchases at Lowe’s for the first 6 months. 2% back after. New accounts only.
- Plus, get $100 back in the form of a statement credit upon approval.
- 2% cash back at U.S. restaurants, U.S. office supply stores, wireless telephone services purchased directly from U.S. service providers. 1% cash back on other eligible purchases. Cash back is received in the form of Lowe’s Business Rewards points that can be redeemed for statement credits or select gift cards.
- Cash back is received in the form of Lowe’s Business Rewards points that can be redeemed for statement credits or select gift cards.
- APR on purchases will be a variable rate, 20.99% - 29.99%, based on your creditworthiness and other factors as determined at the time of account opening.
- Terms Apply.
Pros
- No annual fee
- 5% off at Lowe’s
- $100 statement credit signup bonus
Cons
- No 0% introductory APR period
- Balance transfers aren't allowed
- Low cash back rewards at Lowe's after introductory period
- Lowe's ProServices: Access benefits with Lowe's ProServices, including discounted delivery, bulk rate pricing, and the business replenishment program.
- Purchase protection: The issuer covers purchases that are stolen or damaged within 120 days from the date of purchase (90 days for New York residents).
- Extended warranty protection: Receive up to two years of additional coverage for items with an original manufacturer’s warranty of up to five years.
Intro APR
N/A
Regular APR
20.99% - 29.99% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Extra Value Offer: 5% cash back on purchases at Lowe’s for the first 6 months. 2% back after. New accounts only.
- Plus, get $100 back in the form of a statement credit upon approval.
- 2% cash back at U.S. restaurants, U.S. office supply stores, wireless telephone services purchased directly from U.S. service providers. 1% cash back on other eligible purchases. Cash back is received in the form of Lowe’s Business Rewards points that can be redeemed for statement credits or select gift cards.
- Cash back is received in the form of Lowe’s Business Rewards points that can be redeemed for statement credits or select gift cards.
- APR on purchases will be a variable rate, 20.99% - 29.99%, based on your creditworthiness and other factors as determined at the time of account opening.
- Terms Apply.
Pros
- No annual fee
- 5% off at Lowe’s
- $100 statement credit signup bonus
Cons
- No 0% introductory APR period
- Balance transfers aren't allowed
- Low cash back rewards at Lowe's after introductory period
- Lowe's ProServices: Access benefits with Lowe's ProServices, including discounted delivery, bulk rate pricing, and the business replenishment program.
- Purchase protection: The issuer covers purchases that are stolen or damaged within 120 days from the date of purchase (90 days for New York residents).
- Extended warranty protection: Receive up to two years of additional coverage for items with an original manufacturer’s warranty of up to five years.
When grading cash back rewards business credit cards like the Lowe’s Business Rewards Card from American Express, we first take into account the ongoing and introductory rewards. We also consider the annual fee, introductory and ongoing annual percentage rates (APRs), and features.
Grading Criteria | Card Score | Highest Possible Score |
|---|---|---|
Ongoing Rewards | 20 | 30 |
Introductory Rewards | 10 | 20 |
Annual Fee | 15 | 15 |
Features | 15 | 15 |
Introductory APR | 0 | 10 |
Ongoing APR | 8 | 10 |
Total Score | 68 | 100 |
Who the Lowe’s Business Rewards Card from American Express Is Best For
- Those who are frequent Lowe’s shoppers, such as contractors and fix and flippers: You can take advantage of in-store discounts at Lowe’s, access Lowe’s ProServices, and earn cash back on eligible purchases. New cardholders can get 5% cash back on eligible Lowe’s purchases for the first six months and $100 cash back upon approval.
Check out our recommended alternatives below if this card doesn’t fit the bill.
Lowe’s Business Rewards Card from American Express Rewards
New cardholder cash back rewards
- $100 cash back upon approval, which you can earn via a statement credit
- 5% cash back on eligible purchases at Lowe’s for the first six months after opening an account
Ongoing cash back rewards
- 2% cash back on eligible purchases at Lowe’s stores or online at Lowes.com and LowesforPros.com
- 2% cash back on eligible purchases made at restaurants and office supply stores in the United States and on wireless telephone services purchased directly from US service providers
- 1% cash back on all other purchases
Lowe’s Business Rewards Card from American Express Calculator
Find out how much you can earn from the Lowe’s Business Rewards Card from American Express based on your estimated monthly expenses. Use our rewards calculator to compute your potential rewards—enter your expected monthly spending, and our calculator will do the rest.
How To Redeem Lowe’s Business Rewards Card from American Express Rewards
You can redeem your earned cash back rewards for statement credit or select gift cards. Note that each 100 Lowe’s Business Rewards points is equivalent to $1.
Lowe’s Business Rewards Card from American Express Features
Account Management
- Year-end summary: American Express provides a year-end summary of charges made with your card to save time on managing your account online.
- Global Assist® Hotline: This gives you access to a 24-hour global assistance hotline any time you travel more than 100 miles away from home. This hotline can connect you to emergency assistance and coordination services, including medical, legal, and passport referrals, emergency cash wires, and missing luggage assistance.
- Employee cards: You can create up to 99 employee cards under your account, set spending limits for each card, and easily manage your business expenses.
Insurance
- Purchase protection: Items that were stolen or damaged within 90 days of the date of purchase are covered with purchase protection up to $1,000 per incident and $50,000 per year. Items covered exclude animals, plants, consumables, tickets, motorized vehicles, fixtures, and preowned goods.
- Extended warranty protection: This is good for up to one additional year on items that come with an original manufacturer’s warranty of five years or less. This is limited to $10,000 per covered purchase, up to $50,000 per account per year.
- Car rental loss and damage insurance: Car rental loss and damage insurance of up to $50,000 per car rental agreement are provided. This coverage is only good for the first 30 consecutive days of a car rental agreement. To be eligible, the full rental fee must have been charged to your card. Instances that aren’t covered include intentional damage, manufacturing defects, wear and tear, theft of or damage to tires, damage to any other vehicle, and damage to any property other than the rental vehicle.
- Dispute resolution: American Express will work with you to help resolve issues such as fraudulent or incorrect transactions indicated in your credit card statement.
Lowe’s Business Rewards Card from American Express Fees
APR
- Introductory: None
- Ongoing: 20.99% to 29.99% variable, which adjusts with the prime rate
- Cash advance: 29.99% variable, which adjusts with the prime rate
- Penalty
This applies for a minimum of 12 consecutive billing periods and will continue to apply until after you have made payments on time—with no returned payments for 12 billing periods in a row.
: 29.99% variable, which adjusts with the prime rate; will be applied to your account if you:
- Make two or more late payments within the 12-month period
- Don’t pay the minimum payment due by the closing date of the billing period in which it’s due
- Make a returned payment
Fees
- Annual: None
- Foreign transaction: 2.7% of each transaction after conversion to US dollars (USD)
- Cash advance: Either $5 or 3% of each cash advance, whichever is greater
- Late payment: Up to $39
- Overlimit: None
- Returned payment: $39
Your due date is at least 25 days after the close of each billing period.
How To Make Payments
- Online: You can make a payment through your American Express online account anytime. Simply choose your payment account and select your bank account and payment date. Note that credit and debit cards aren’t accepted as a form of payment.
- Mobile app: Download the Amex Mobile App and enjoy the convenience of paying your bills at any time.
- Direct bank payment: Direct debits let you pay bills automatically so that you don’t have to worry about missing due dates. Provide your bank account details to American Express and indicate the amount you’d like to pay every month.
- AutoPay: You can enroll in AutoPay through your American Express online account. Note that your first AutoPay payment may not be applied to your current billing cycle, so you would need to make your usual payments until your AutoPay begins.
- Mail: You can choose to mail your payment either by check or money order made payable to American Express. See to it you include your account number at the front of your payment.
First Class Mail
American Express
PO Box 650448
Dallas, TX 75265-0448
Express Mail
American Express
Attn: Express Mail Remittance Processing
20500 Belshaw Ave.
Carson, CA 90746
Lowe’s Business Rewards Card from American Express Alternatives
Chase Ink Business Unlimited®
Ink Business Unlimited® Credit Card
BEST FOR:
Those who want fixed-rate 1.5% cash back on all purchases
Intro APR
0% Intro APR on Purchases
Regular APR
18.49% - 24.49% Variable
Annual Fee
$0
Credit Needed
Good - Excellent
- Earn $900 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
- Earn unlimited 1.5% cash back on every purchase made for your business
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control.
- Round-the-clock monitoring for unusual credit card purchases
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- 0% introductory APR for 12 months on purchases
- Member FDIC
Pros
- With interest-free financing option on purchases
- Fixed unlimited cash back on all purchases
Cons
- Does not have interest-free financing option on balance transfers
- Charges high foreign transaction fees
- Auto rental collision damage waiver: You can decline the company’s collision insurance and charge the entire rental cost to this card.
- Travel and emergency assistance services: Call the Benefit Administrator for legal and medical referrals or other travel and emergency assistance.
- Purchase protection: You can ensure that your new purchases are covered for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
- Zero liability protection: Chase will not hold you responsible for unauthorized transactions made with both your card and your account information.
- Cellphone protection: Receive up to $1,000 per claim in cellphone protection against covered theft or damage for you and your employees included in your monthly cellphone bills when using your card to pay for it. This applies for a maximum of three claims within a 12-month period and will charge a $100 deductible per claim.
Intro APR
0% Intro APR on Purchases
Regular APR
18.49% - 24.49% Variable
Annual Fee
$0
Credit Needed
Good - Excellent
- Earn $900 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
- Earn unlimited 1.5% cash back on every purchase made for your business
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control.
- Round-the-clock monitoring for unusual credit card purchases
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- 0% introductory APR for 12 months on purchases
- Member FDIC
Pros
- With interest-free financing option on purchases
- Fixed unlimited cash back on all purchases
Cons
- Does not have interest-free financing option on balance transfers
- Charges high foreign transaction fees
- Auto rental collision damage waiver: You can decline the company’s collision insurance and charge the entire rental cost to this card.
- Travel and emergency assistance services: Call the Benefit Administrator for legal and medical referrals or other travel and emergency assistance.
- Purchase protection: You can ensure that your new purchases are covered for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
- Zero liability protection: Chase will not hold you responsible for unauthorized transactions made with both your card and your account information.
- Cellphone protection: Receive up to $1,000 per claim in cellphone protection against covered theft or damage for you and your employees included in your monthly cellphone bills when using your card to pay for it. This applies for a maximum of three claims within a 12-month period and will charge a $100 deductible per claim.
When To Consider Chase Ink Business Unlimited®
- You want fixed-rate back rewards: This card lets you earn 1.5% cash back on all purchases.
Other Benefits
- Offers cardholders a $900 bonus cash back after spending $6,000 on purchases within the first three months of account opening
- Charges $0 annual fee
- Extends the period of the US manufacturer’s warranty by an additional year on eligible purchases of three years or less
This card is our top-recommended small business credit card and our best credit card for new businesses with no credit history due to its fixed-rate rewards, 0% introductory period, and the bank being located in more than 40 states. For more options from the provider, check out our list of the leading Chase business credit cards.
U.S. Bank Business Platinum Card
U.S. Bank Business Platinum Card
BEST FOR:
Extended 0% APR period on purchases and balance transfers
Intro APR
Regular APR
17.24% - 26.24% (Variable)
Annual Fee
$0
Credit Needed
Excellent/Good Credit
- 0% Intro APR on purchases and balance transfers for 18 billing cycles. After that, a variable APR currently 17.24%-26.24%.
- Expense management tool VISA Spend Clarity is free to access and sync expenses, set employee card controls, generate reports, and more.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
Pros
- With a long 0% introductory APR period on purchases and balance transfers
- Does not charge annual fees
- Offers ExtendPay® Plan
Cons
- No introductory and ongoing rewards
- Balance transfer fee is charged even during the introductory period
- Needs Excellent/Good credit score to qualify
- SinglePoint® Essentials: SinglePoint® Essentials is U.S. Bank’s one-stop tool for viewing account balances and transaction details, transferring funds between existing U.S. Bank accounts, downloading statements, and making payments.
- Fraud protection: U.S. Bank offers fraud protection to ensure the safety and security of all cardholders. To learn more about U.S. Bank’s fraud protection services, you can set up a virtual appointment, call U.S. Bank, or go to the nearest U.S. Bank branch.
- ExtendPay® plan: This allows you to pay off balances over time by dividing eligible credit card purchases into affordable monthly payments with no interest—you only need to pay a fixed monthly fee.
Visa Spend Clarity: Another tool that cardholders can use to track spending and manage finances is Visa Spend Clarity.
Intro APR
Regular APR
17.24% - 26.24% (Variable)
Annual Fee
$0
Credit Needed
Excellent/Good Credit
- 0% Intro APR on purchases and balance transfers for 18 billing cycles. After that, a variable APR currently 17.24%-26.24%.
- Expense management tool VISA Spend Clarity is free to access and sync expenses, set employee card controls, generate reports, and more.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
Pros
- With a long 0% introductory APR period on purchases and balance transfers
- Does not charge annual fees
- Offers ExtendPay® Plan
Cons
- No introductory and ongoing rewards
- Balance transfer fee is charged even during the introductory period
- Needs Excellent/Good credit score to qualify
- SinglePoint® Essentials: SinglePoint® Essentials is U.S. Bank’s one-stop tool for viewing account balances and transaction details, transferring funds between existing U.S. Bank accounts, downloading statements, and making payments.
- Fraud protection: U.S. Bank offers fraud protection to ensure the safety and security of all cardholders. To learn more about U.S. Bank’s fraud protection services, you can set up a virtual appointment, call U.S. Bank, or go to the nearest U.S. Bank branch.
- ExtendPay® plan: This allows you to pay off balances over time by dividing eligible credit card purchases into affordable monthly payments with no interest—you only need to pay a fixed monthly fee.
Visa Spend Clarity: Another tool that cardholders can use to track spending and manage finances is Visa Spend Clarity.
When To Consider U.S. Bank Business Platinum Card
- You plan to finance a large purchase or transfer a balance: This card offers a 0% introductory period on both purchases and balance transfers for the first 18 billing cycles.
Other Benefits
- Lets you pay your balances over time with the ExtendPay® plan by dividing eligible purchases into affordable monthly payments without interest. Note that this only comes with a fixed monthly fee.
- Allows you to view your account balances and transaction details, transfer funds between existing U.S. Bank accounts, download statements, and make payments through SinglePoint® Essentials.
Despite not offering cardholders rewards, its long 0% introductory period is why it’s our best 0% APR business credit card and top business credit card with a balance transfer offer. For more options from the same issuer, check out our roundup of the best U.S. Bank business credit cards.
American Express Blue Business Cash
The American Express Blue Business Cash™ Card
BEST FOR:
Those who want better cash back rewards
Intro APR
0% on purchases
Regular APR
18.49% - 26.49% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 18.49% - 26.49%, based on your creditworthiness and other factors as determined at the time of account opening. APRs will not exceed 29.99%
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us and other factors.
- No Annual Fee
- Terms Apply
Pros
- 0% intro APR
- Welcome bonus
- Fixed rate rewards
- $0 annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power: Enjoy flexible buying power when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and help get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts with your use of the card, your payment history, credit record, financial resources known to us, and other factors.
- Car rental loss and damage insurance: As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter.
Intro APR
0% on purchases
Regular APR
18.49% - 26.49% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 18.49% - 26.49%, based on your creditworthiness and other factors as determined at the time of account opening. APRs will not exceed 29.99%
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us and other factors.
- No Annual Fee
- Terms Apply
Pros
- 0% intro APR
- Welcome bonus
- Fixed rate rewards
- $0 annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power: Enjoy flexible buying power when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and help get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts with your use of the card, your payment history, credit record, financial resources known to us, and other factors.
- Car rental loss and damage insurance: As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter.
When To Consider American Express Blue Business Cash
- You intend to spend beyond your credit limit: The card offers expanded buying power, which allows you to exceed your credit limit after meeting certain conditions.
Other Benefits
- Lets you earn 2% cash back on all eligible purchases up to $50,000 per calendar year, then 1% cash back after the purchase cap is met
- Charges $0 annual fee
- Allows you to add employee cards at no additional cost
The ability to spend beyond your credit limit, fixed-rate cash back rewards, and the 0% introductory period are why this is our top cash back business credit card and one of our best small business credit cards. However, it does not offer a 0% introductory period on balance transfers. See our guide to the leading American Express business credit cards for more options from the bank.
Bottom Line
Lowe’s Business Rewards Card from American Express is best for business owners, contractors, and fix and flippers who shop frequently for home improvement products at Lowe’s. While it doesn’t charge annual fees and has cash back rewards that can maximize your business spending, it lacks a 0% introductory APR on both purchases and balance transfers.
