What the Lowe's Commercial Credit Card Is
The Lowe's Commercial Credit Card is a business credit card issued by Lowe's and Synchrony Bank. It is designed for contractors, construction companies, and other business owners who make regular purchases at Lowe's. The card offers discounts on Lowe's merchandise, extended payment terms, and tools built for tracking business spending.
This card is different from the consumer Lowe's credit card. It comes with higher credit limits, business-focused rewards, and reporting features that help you track expenses across multiple users and job sites. You can add employee cards to a single account, which is useful if your team makes purchases on your behalf.
The card is not a charge card — you do not have to pay the full balance each month. You can carry a balance and pay interest, though the card also offers promotional financing periods on certain purchases.
Key Takeaways
- The Lowe's Commercial Credit Card requires a business tax ID and is issued by Synchrony Bank, not directly by Lowe's.
- You can add employee cards to track spending by job, department, or worker, and set individual purchase limits for each card.
- The card offers discounts on most Lowe's products and promotional financing periods, typically 6 to 24 months depending on purchase size.
- You will need to provide business financial information and personal credit history during the account opening process.
- Monthly statements break down purchases by card user and category, which helps with job costing and business accounting.
How to Open a Lowe's Commercial Credit Card Account
Start by visiting the Lowe's commercial credit card page or asking for an process at the customer service desk in any Lowe's store. You can also call Synchrony Bank directly at the number listed on the Lowe's website. The process takes about 15 minutes to complete online.
You will need to provide your business legal name, business tax ID (EIN), business address, and the type of business you operate. You will also need a personal Social Security number and personal credit history, since the card is typically issued in the owner's name. Have your most recent business tax return or financial statement available — Synchrony may ask for it during the review process.
After you submit the process, Synchrony reviews it within one to three business days. You will receive a decision by phone, email, or mail. If approved, your card arrives within 7 to 10 business days. You can set up your online account and add employee cards before the physical card arrives.
Discounts, Rewards, and Financing Terms
The Lowe's Commercial Credit Card does not earn points or cash back on purchases. Instead, it offers a percentage discount on most merchandise — the exact discount varies by product category and changes periodically. Lumber, tools, appliances, and building materials typically may have access to. Some items, such as clearance merchandise or items already on sale, may not be may be able to access for the additional discount.
The card includes promotional financing offers. Common terms are 6 months, 12 months, or 24 months with no interest on may have access to purchases above a certain amount — often $299 or $499, depending on the promotion running that month. If you do not pay off the balance before the promotional period ends, interest accrues on the remaining balance at the card's standard rate.
You can check current promotions on the Lowe's website or ask at the register when you make a purchase. The terms change frequently, so the discount and financing available when you open the account may differ from what is available six months later.
Adding Employee Cards and Setting Spending Controls
Once your account is open, you can add employee cards through your online account portal or by calling Synchrony. Each employee card is linked to the main account but shows up separately on your monthly statement. You can assign a name to each card — for example, "Job Site A" or "Employee: John" — to track spending by location or person.
You have the option to set a spending limit on each employee card. For example, you might allow one employee a $500 monthly limit and another a $2,000 limit. These limits reset monthly and help prevent overspending. You can change limits or deactivate a card at any time through your account.
Your monthly statement groups all purchases by card user and shows totals by category. This breakdown is useful for job costing, since you can see exactly how much was spent on materials for each project or by each team member. You can read statements in formats that work with accounting software.
Interest Rates, Fees, and Payment Terms
The Lowe's Commercial Credit Card charges interest on balances that are not paid in full each month. The interest rate (APR) depends on your creditworthiness and is disclosed in your account agreement. Rates typically range from 16% to 27%, though your actual rate may be different. You can ask Synchrony for your specific APR when your account opens.
There is no annual fee for the card. However, late payments may trigger a late fee, and if you miss a payment by more than 60 days, the interest rate may increase. Synchrony reports your account activity to business credit bureaus, so on-time payments help build your business credit profile.
Minimum payments are due by the due date shown on your statement, typically 25 to 30 days after the statement closes. You can pay online through your account portal, by phone, or by mail. Automatic payments can be set up to avoid missing a due date.
Online Account Management and Reporting
Your Lowe's Commercial Credit Card account comes with access to an online portal where you can view statements, make payments, add or remove employee cards, and set spending limits. You can log in from any device with internet access. The portal also shows your current balance, available credit, and recent transactions in real time.
You can read statements as PDF or CSV files, which is helpful if you use accounting software like QuickBooks. The CSV format includes transaction-level detail — date, amount, merchant code, and card user — so you can import data directly into your accounting system without manual entry.
If you need help with your account, you can call Synchrony's customer service line. Hours and phone numbers are listed on your statement and in your online account. You can also visit a Lowe's store and ask a customer service representative for help with account questions.
Comparing the Lowe's Commercial Card to Other Business Credit Cards
The Lowe's Commercial Credit Card is designed specifically for businesses that spend regularly at Lowe's. If your business buys most of its materials and tools at Lowe's, the card's discounts and promotional financing may save you money compared to a general business card that earns cash back or points.
However, if you spread purchases across multiple suppliers — Home Depot, local lumber yards, online retailers — a general business credit card with cash back rewards may be more valuable. Those cards typically earn 1% to 3% cash back on all purchases, which you can use anywhere. The Lowe's card's discount only applies at Lowe's.
The Lowe's card also does not charge an annual fee, which is an advantage over many premium business cards. If you want employee spending controls and detailed job-site reporting, the Lowe's card's features are built in. Other business cards may require you to pay extra for those tools or use a separate expense management platform.
Frequently Asked Questions
Can I use the Lowe's Commercial Credit Card at other stores?
No. The card is accepted only at Lowe's and Lowe's.com. It cannot be used at Home Depot, local hardware stores, or other retailers. If you need a card that works at multiple suppliers, you would need a different business credit card.
What happens if I do not pay off a promotional financing balance before the period ends?
Interest accrues on the remaining balance at the card's standard APR, which is typically 16% to 27%. The interest is calculated from the original purchase date, not from the end of the promotional period. To avoid this, pay off the balance before the promotional period expires.
Can I transfer a balance from another credit card to the Lowe's Commercial Card?
The Lowe's Commercial Credit Card does not offer balance transfer options. You can only charge new purchases to the card. If you want to consolidate debt, you would need to use a different business credit card that offers balance transfers.
How long does it take to add an employee card?
You can add an employee card through your online account portal in minutes. The physical card arrives within 7 to 10 business days. If you need a card faster, call Synchrony to ask about expedited shipping options.
Does the Lowe's Commercial Card report to business credit bureaus?
Yes. Synchrony reports your account activity to business credit bureaus like Dun & Bradstreet and Experian Business. On-time payments help build your business credit score, which can lower interest rates on future business loans.