Posted by William Charles on July 29, 2017
Credit Card Offers

Published on July 29th, 2017 | by William Charles


American Express Lowe’s Business Rewards Card Review – 5% Off Lowe’s & Up To 3x Points On Purchases

When I posted about the fact that American Express & Lowe’s had extended their co-branded credit card partnership readers had several questions regarding this card so I thought I’d review it in detail so those questions could be answered.

Card Basics

  • No annual fee
  • Card earns at the following rates:
    • 3x points on US restaurants, US office supply stores and on wireless telephone services purchased directly from US service providers
    • 2x points at Lowe’s
    • 1x points on all other purchases
  • 5% off Lowe’s purchases
  • 5,000 points after $100 in spend within the first 30 days. As far as I know this is the best sign up bonus on this card, if anybody knows of any others please let me know.

What Card Points Be Used For & How Much Are They Worth?

This card does not earn American Express Membership Rewards points. It earns Lowe’s Business Rewards points and these can be redeemed for the following:

  • Lowe’s Gift Cards
  • American Express Gift Cards
  • Gas Rewards Cards
  • Outdoor Rewards Cards

You need to redeem a minimum of 2,500 points at a time. The value you get depends on what you redeem the points for, for example:

  • $25 Lowe’s, Gas, Outdoor Rewards gift card = 2,500 points (1¢ per point)
  • $25 American Express gift card = 3,500 points (0.714¢ per point)

You can view the options here.

5% Off Lowe’s

In addition to earning 2x points at Lowe’s, this card also lets you earn 5% off Lowe’s purchases. It’s important to note that you can’t use this with:

  • any coupon;
  • Lowe’s military discount;
  • Lowe’s employee discount;
  • Lowe’s low price guarantee;
  • Lowe’s volume or special discount programs such as, but not limited to “QSP”; manager discretion price adjustments; contractor packs;
  • or any other offer which expressly states it can’t be combined with any other discount credit offer.

Can also not be used on the following products and/or services:

  •  extended protection/replacement plans;
  • shipping, delivery or assembly charges;
  • fees or taxes;
  • gift cards;
  • Dacor,
  • ICON,
  • Fisher & Paykel,
  • Monogram,
  • Smeg or Liebherr appliances (some brands not available in all markets/stores);
  • or Weber or Kichler products.

It’s possible to get 10% off Lowe’s coupons fairly easily. The two easiest ways are as follows:

  • People sell them on eBay, usually not terribly expensive
  • You can get them in USPS moving packs when you change your address

Because of that I think the 5% off discount is fairly/entirely useless.

Our Verdict

Points are worth a maximum of 1¢ and there are better options for dining & office supply store purchases. In addition there are a lot of cards that earn at a higher rate on all purchases than this card does on just Lowe’s purchases. The sign up bonus is also exceptionally small (you can view better offers here). Because of all these factors I don’t recommend anybody signs up for this card. You can learn more about American Express cards and their policies by clicking here.


Leave a Reply


newest oldest most voted
Notify of

lowes has 10% off all the time. If that’s not stackable there’s no point to use this card


just saw the bonus went up I don’t know how to post a link

Earn 10,000 Lowe’s Business Rewards points
after you spend $200 in purchases on the Card within your first 30 days of Card Membership

[referral link removed]


We spend a lot at Lowe’s and getting 5% off plus an additional 2% makes this card a keeper. The 5% works on top of sale prices. Lowe’s own credit card also gives 5% off, but not the additional 2%. But we certainly don’t use it anywhere except Lowe’s.


stupid CC. even if youre a Lowes fan. i can only see the MS angle.

this CC is issued by AMEX. meaning its part of the 5 CC max. why would i put this CC in such a critical slot when you cant stack 5% with anything. too many restrictions. but i dont know whats true in practice so I am not sure how they enforce this at the POS to prevent stacking. its certainly possible with current tech but companies suck at implementation so who knows.

in any case, MS would probably be its only use. otherwise, its guaranteed 7% at lowes or go looking for the 10% coupon. maybe some just dont want to deal with finding the 10% and enjoy the easy 7%. but honestly, thats being lazy. what I do is hoard and load up on Lowes GC whenever there are sales of them. meaning 10% to 15% is very common and easy to do. 7% is useless.


5% off Lowes purchases? How is this done? At POS? statement credit?


POS takes 5% off automatically with either Lowe’s card: Amex or Lowe’s own.

Back to Top ↑