Advertiser Disclosure

💳 Save money on credit card processing with one of our top 5 picks for 2022

Lowe’s Credit Cards VS Home Depot Credit Cards – Which Is Right For Your Business?

    Jared Beilby
  • 2 comments
  • Updated on:
Advertiser Disclosure: Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity.
Jared Beilby

Jared Beilby

Expert Analyst & Reviewer at Merchant Maverick
A credit card analyst and expert in neobanking, Jared has been researching and writing about small business finance since 2018. His data studies have been cited in a number of media outlets, including Forbes, MSN, and NBC. He holds a Bachelor of Arts in Journalism from George Fox University.
Jared Beilby
View Jared Beilby's professional experience on LinkedIn.

Featured Free Corporate Card

Ramp



Apply Now

Read our Review

Ramp offers a free corporate card for virtually any business. Start earning rewards with your corporate spending today. Get your free card.

Featured Free Corporate Card

Ramp



Apply Now

Read our Review

Ramp offers a free corporate card for virtually any business. Start earning rewards with your corporate spending today. Get your free card.

Leave a comment

2 Comments

Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

    Brent Washam

    A point of clarification, reading the detailed American Express terms on recent card offerings actually allows a max discount of 10% for six months on new cards. Terminology is key, “Cash back” and “Lowes (purchase) discount” are two different components. The normal 2% cashback rewards is supplemented temporarily by an additional 3% cash back reward bonus for 6 months, in addition to the $100 new card account bonus. After 6 months the rewards reverts to the 2% normal rate, but the Lowes 5% purchase discount as well as 2% cash back for total 7% is ALWAYS in effect. I didn’t realize this until reading benefits details published by AmEx, almost stopped using a new card after 6 months because I thought the 5% purchase discount was ending. If you use a coupon or take advantage of a volume discounts at Lowes, the 5% PURCHASE discount likely will be voided or the coupon invalidated if coupon regularly priced merchandise volume requirement is not met, so I always use another 2% discount card with Lowes coupons to avoid any confusion, online or at the checkout counter.

      Jessica Dinsmore

      Hi Brent,

      Great catch! And thank you so much for the clarification! This post is due for an update, so we will definitely be looking into the information you’ve shared here to include in our update.

      Leave a Reply

      Your email address will not be published.

      Comment moderation is enabled. Your comment may take some time to appear.
      Please read the "User Review and Comment Policy" before posting.

      The vendors that appear on this list were chosen by subject matter experts on the basis of product quality, wide usage and availability, and positive reputation.

      Merchant Maverick’s ratings are editorial in nature, and are not aggregated from user reviews. Each staff reviewer at Merchant Maverick is a subject matter expert with experience researching, testing, and evaluating small business software and services. The rating of this company or service is based on the author’s expert opinion and analysis of the product, and assessed and seconded by another subject matter expert on staff before publication. Merchant Maverick’s ratings are not influenced by affiliate partnerships.

      Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity. The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.

      Our Experts Recommend Ramp Corporate Card 🏆

      Ramp offers a free corporate card for virtually any business. Start earning rewards with your corporate spending today.

      Apply Now

      Easy to get approved

      Sign up for the Maverick Newsletter

      • Please select topics of interest

      • We occasionally send out emails with special offers.
      • This field is for validation purposes and should be left unchanged.