Credit cards are the current world trends which have really gained popularity over time especially in the 21st century. Adapting to this trend is what Lowe’s has done by offering a wide variety of credit cards. Just like other institutions credit card functions, Lowes Credit card offers the customers purchasing power of their product. They also enable the customers to settle all their bills online without having to worry about the security of their card and online purchase. In this article we will look at details on the use and workability of the Lowe’s credit card.
Charges and discounts on credit of the card
After getting a new account, the minimum interest that will be charged for your card is $2. If you choose the promotional purchase offered by the company, then no interest whatsoever is charged on your credit but if you choose not to utilize the promotional purchase then interest charged will be variant on calculation of time since the purchase was made. The offer being spoken about only applies if you have made a purchase worth $299 or more. For every purchase then you get a 5% discount for your Lowes credit card.
Reviews on Lowes credit card
Well in credit karma the average rating of the card is 1.5 which is very low if you ask me. When you compare the rating of the application process and the customer service that is. The low rating according to some of the customer is the way Lowes run the card business. T one customer, despite early payment the way things have changes has made her get behind on her credit reports. Well, the feedback is not all pleasing and people across several banks have complained on Lowe’s credit card.
The good side of Lowes credit card
Despite the negative reviews, Lowe’s credit card does have a few advantageous tricks up the sleeves. The customers have very many things that they can benefit from. The first thing about Lowe’s credit cards is the 5% discount that it offers on every purchase you make although for selected items. We then have the interest period which has been lowered down for the customer’s benefits. Finally if you make very large purchases then you are assured of additional time for making the payment. Very economical.
We can conclude therefore that Lowe’s credit card has a 50-50 satisfaction rate. This is basing our argument on the reviews and the offers it has. The effort of the company on making the purchase of the customers comfortable is very notable. It is therefore a very good thing to turn your attention away from carrying cash and do credit cards.
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