Lowe's Advantage Card vs. Business Credit Card: Full Comparison

Overview of Lowe's Cards

Lowe's offers credit cards tailored to consumers and business customers. Over time, these cards have been rebranded. The consumer card, formerly the Lowe's Advantage Card, is now the MyLowe's Rewards Credit Card. The business card, formerly the Lowe's Business Credit Card, is now the MyLowe's Pro Rewards Credit Card. Both cards are issued by Synchrony Bank and are limited to purchases at Lowe's stores and online.

This guide focuses on the two primary cards that are currently available: the consumer MyLowe's Rewards Credit Card and the business MyLowe's Pro Rewards Credit Card. We'll compare their features, fees, eligibility, and help you decide which one is right for your situation.

Sources: Lowe's, WalletHub, Nav

MyLowe's Rewards Credit Card (Consumer)

The MyLowe's Rewards Credit Card is the consumer store credit card from Lowe's. It offers a 5% discount on eligible purchases every day, or you can choose special financing on qualifying purchases. There is no annual fee.

This card is intended for personal use and is limited to purchases at Lowe's. It also provides free Silver Key status in the MyLowe's Rewards loyalty program, which unlocks additional benefits. The standard APR is relatively high compared to general-purpose credit cards, and it does not allow balance transfers or cash advances.

• 5% discount on eligible purchases every day
• Special financing offers: 0% APR for 6 months on purchases of $299 or more (deferred interest)
• Welcome offer: 20% off first purchase, up to $100
• No annual fee
• Free Silver Key status in the MyLowe's Rewards loyalty program
• Not accepted outside Lowe's
• No balance transfers or cash advances

Sources: Lowe's, Screens & Streams, WalletHub

MyLowe's Pro Rewards Credit Card (Business)

The MyLowe's Pro Rewards Credit Card is designed for business customers and contractors. It also offers a 5% discount on eligible Lowe's purchases and has no annual fee. Cardholders automatically receive Platinum Pro status in the MyLowe's Pro Rewards program, which provides additional perks.

Similar to the consumer card, it is limited to purchases at Lowe's and does not support balance transfers or cash advances. The standard APR is generally lower than the consumer card, and it offers an extended return window of up to 365 days on eligible purchases.

• Welcome offer: 20% off first in-store purchase, up to $100
• Automatic Platinum Pro status in the MyLowe's Pro Rewards program
• Extended return window up to 365 days on eligible purchases

Sources: Lowe's, Nav

Eligibility and Approval

Approval for either Lowe's card depends on the issuer's review of your creditworthiness. For the consumer card, that means personal credit history, income, and existing debt. For the business card, the issuer reviews your business credit history and financials.

Store cards may have less restrictive underwriting than general-purpose cards, but approval is not guaranteed. You must meet the issuer's criteria, and they will assess your ability to pay.

There is no single credit score that guarantees approval. The issuer weighs multiple factors when making a decision.

• Consumer card: based on personal credit, income, and debt
• Business card: based on business credit and financials
• Both cards subject to issuer review and approval

Sources: Consumer Financial Protection Bureau, Nav

Credit Limits

Credit limits vary based on your creditworthiness and the card product. For the consumer card, limits are determined by personal credit history and income. For the business card, limits reflect business credit and revenue.

Over time, consistent use and on-time payments may lead to credit line increases.

• Limits based on creditworthiness and other factors
• Business accounts may start with modest limits and grow with responsible use

Sources: Nav

Fees and APR

Both cards have no annual fee. The standard APRs differ and are high compared to typical general-purpose cards. As of August 2026, the consumer card's APR is 31.99%, according to WalletHub. As of May 2026, the business card's APR is 28.24%, according to Nav.

Neither card allows balance transfers or cash advances. The consumer card has a maximum late fee of $41.

• No annual fee on either card
• Consumer APR: 31.99% (as of Aug 2026)
• Business APR: 28.24% (as of May 2026)
• No balance transfers or cash advances on either card

Sources: WalletHub, Nav

Rewards and Financing

Both cards offer a 5% discount on eligible Lowe's purchases. The consumer card also provides special financing promotions, such as 0% APR for 6 months on purchases of $299 or more. This is a deferred interest offer, meaning if you don't pay the balance in full by the end of the promotional period, you'll be charged interest retroactively from the purchase date. Longer-term financing with a reduced APR may be available from time to time for qualifying large purchases, but current terms vary.

Business cardholders can also earn MyLowe's Money points, with up to 1.25 points per dollar spent at Lowe's. Points expire semiannually.

• Consumer card: 0% APR for 6 months on $299+ (deferred interest)
• Consumer card: possible long-term financing on qualifying purchases
• Business card: earn up to 1.25 points per dollar at Lowe's
• Points expire semiannually on business card
• Both cards offer 5% discount on eligible purchases

Sources: Screens & Streams, Nav

Choosing the Right Card

Deciding between the consumer and business Lowe's cards depends mainly on your purchasing purpose and whether you have a business.

If you're an individual homeowner or DIYer making personal purchases, the MyLowe's Rewards Credit Card is the appropriate choice. It provides a straightforward 5% discount and occasional financing offers, making it useful for larger projects if you can pay off the balance before the promotional period ends.

If you're a contractor, business owner, or professional who regularly buys supplies for work, the MyLowe's Pro Rewards Credit Card is designed for you. It offers similar discounts but with business-focused benefits like Platinum Pro status and extended returns. Additionally, using a business card can help keep business expenses separate and may aid in building business credit, provided you pay on time.

• Choose consumer card for personal use
• Choose business card for work-related purchases
• Consider your ability to pay off balances to avoid high interest
• Evaluate whether business loyalty perks or extended returns are valuable to you

Sources: Nav

Side-by-Side Comparison

The table below summarizes the key features of both cards. The main difference is the target customer: the consumer card is for personal purchases, while the business card is for professional use. Both cards offer a 5% discount and similar account restrictions, but they differ in APR, loyalty status, and additional perks.

Sources: Lowe's, WalletHub, Nav