Lowe's Pro Rewards Business Credit Card overview: 5% off your purchase

My Lowe's Pro Rewards Business Credit Card overview

Hang on to your tool belt, there’s more than one Lowe’s card for business owners and we’ll help you sort it out.

The Lowe’s Business Rewards Card was being issued by American Express but is no longer taking applications as of April 2026.

The My Lowe's Pro Rewards Business Credit Card is issued by Synchrony Bank and has no annual fee. This card is intended for small to medium-sized businesses.

The My Lowe’s Commercial Account Credit card is also issued by Synchrony, has no annual fee and is designed for medium to large businesses. Both cards’ primary value lies in discounts or rewards for spending at Lowe’s. This review will focus primarily on the My Lowe’s Pro Rewards Business Card.

Here’s an overview of the My Lowe’s Pro Rewards Business Card.

Lowe’s business card welcome bonus and rewards

This card features a welcome offer designed to instantly reward new cardholders: 20% off your first purchase in store (not valid online) when you apply for and are approved for a new account, up to a $100 maximum.

How to earn rewards

The My Lowe's Pro Rewards Business Credit Card grants you a 5% discount on purchases made in a Lowe’s store or at Lowes.com. In addition, the card’s automatic PlatinumPro status means you’ll earn up to 1.25 MyLowe’s Money points per dollar spent to redeem for eligible merchandise. Without a Lowe’s business card, you’d earn just 1 point per dollar.

How to redeem rewards

Getting 5% off your Lowe’s spending is automatic, with no action required on your part other than paying with your Lowe’s Pro Rewards Business Credit Card. The MyLowe’s Money points can be redeemed through your account dashboard to apply towards eligible Lowe’s merchandise or select gift cards.

Be aware that as of Jan. 1, 2026 these points will expire two times a year:

• Points earned Jan. 1, 2026 through June 30, 2026 expire June 30, 2026. 
• Points earned July 1, 2026 through Dec. 31, 2026 expire Dec. 31, 2026. 

Additionally the number of points you can earn per year are capped at a maximum of $1.5 million annual qualifying spend. Once you exchange your points for MyLowe’s Money, it will expire 60 days after issuance.

Lowe’s business card benefits and features

Beyond the 5% upfront discount on purchases in store or online, the Lowe's Pro Rewards Business Card has a handful of additional benefits:

• Automatic Platinum Pro status which means earnings of up to 1.25 MyLowe’s Money points per dollar spent, good towards future purchases and discounts and expedited deliveries. 
• Extended return window for purchases made with the card, up to 365 days. Some exclusions apply.

Lowe’s business card fees and costs

It’s helpful to understand the costs associated with the My Lowe's Pro Rewards Business Credit Card.

Annual fee

The MyLowe’s Pro Rewards Business credit card has no annual fee. 

APR and interest rates

The standard interest rate is 28.24% APR as of May 12, 2026, which will vary with the Prime Rate. This card isn’t eligible for balance transfers or cash advances. 

Other fees

While the annual fee is waived, cardholders should be aware of other potential fees: There is a $41 fee for late payments and returned payments. 

Application requirements and approval

To successfully apply for the My Lowe's Pro Rewards Business Credit Card, applicants should meet specific financial and business criteria.  You also have to be a Lowe’s Rewards Member, but it’s free to join this program. 

Credit score requirements

While there are no official credit score requirements, applicants to most store credit cards like this will typically need fair to good credit or better. All applications will be subject to credit approval.

Business requirements

To be approved for this card, you must be an authorized representative of your business or organization and have a current physical U.S. address, including all territories and military APOs.

Lowe’s business credit card pros and cons

Who should get the Lowe’s business card?

The ideal cardholder is a business whose operational spending heavily features purchases from Lowe's.

Best for:

• Contractors and construction businesses that make regular, substantial purchases of materials and tools at Lowe's.
• Business owners who frequently shop at Lowe's for maintenance, refurbishment, or resale supplies.

Not ideal for:

• Businesses that don't shop at Lowe's regularly, as the primary reason to own the card is the 5% Lowe’s discount.
• Those with fair or poor credit scores, who are unlikely to be approved for the card.
• Businesses seeking rewards or broader category bonuses that extend beyond home improvement and common business expenses.

Lowe's business credit card vs. alternatives

There are several competing alternatives to the Lowe’s Business Credit Card from American Express.

The Home Depot Pro Xtra Credit Card.  This card offers new account holders $100 towards new purchases, and features the ability to earn Home Depot Rewards 4x faster. The card is issued by Citi, and it offers free authorized user cards and has no annual fee. However, this is a charge card that can only be used at The Home Depot stores and at TheHomeDepot.com

Ink Business Unlimited® Credit Card. This card comes with a welcome offer:Earn $900 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening.New applicants can also get a 0% Intro APR on Purchases for 12 months. Plus a rewards rate of:Earn unlimited 1.5% cash back on every purchase made for your business. There’s no annual fee for this card.

Spark 1.5% Cash Select.  This card also offers new accounts $750 cash back after spending $6,000 on new purchases within three months. Likewise, it features 1.5% cash back on all purchases, with no limits. There’s no annual fee for this card.

All rates and fees valid as of May 12, 2026 and subject to change.
Is the Lowe's business credit card worth it?

The My Lowe's Pro Rewards Business Credit Card may provide strong value for businesses that spend heavily at Lowe’s. The card’s value primarily comes from the ongoing 5% discount on eligible Lowe’s purchases and Pro loyalty benefits for businesses that regularly shop at Lowe’s.

If your spending is more diversified and you rarely visit Lowe’s, you should consider alternatives that offer higher rewards or better bonuses in your primary spending categories. However, if your business is loyal to Lowe's, applying for this card is a clear path to maximizing cash back.

Frequently asked questions