Credit Card Payment ChoicesLowe’s Credit Card Payment
With over 1600 Lowe’s stores, it is a real convenience to use Lowe’s credit card payment. In addition, you will get quite some good offers when using the card. However, is using Lowe’s credit card brings no pain? we will discover the ups and downs of Lowe’s credit card payment in this post.
The advantages of Lowe’s credit card payment
There are two main Lowe’s online payment options: the Lowe’s Credit card and the Lowe’s Project card. while the Lowe’s credit card is great for everyday payment, you will find that the Lowe’s Project card is suitable for big payments. In this post, we will focus on the Lowe’s credit card, which is the best choice for small and daily shopping.
Lowe's credit card payment
Like other credit cards issued by the stores, there will be no annual fee when using Lowe’s credit card payment. In addition, the monthly payment is low. This feature makes it’s affordable for everyone. More than that, when you are the Lowe’s credit card holder, you will get access to the promotion events through the year. Participating in these events will help you save quite a lot of money, as much as 30% of the total purchase value.
The disadvantages
Here come the disadvantages and most of you will not want to hear.
Most of the time, when you use a credit card, you can expect to get cash back on your spending. However, be ready to expect no cash back, no reward point for Lowe’s credit card.
Another big disadvantage of Lowe’s credit card payment is the ridiculously high APR. While to average APR of credit card is 14.94%, Lowe’s credit card offer you over 10% more for free. You heard that right. You will get a 24.99% APR using the Lowe’s credit card payment. Is it a fair choice?
So now you can see the advantages and disadvantages of Lowe’s credit card payment. The company has a big network of store, offers you convenience shopping offline and the online payment system is easy and safe to use too and especially the special discount offers available only to the card holders. However, considering the cost, the fee, I think many people will find using regular credit card can be more beneficial.
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