How much are Lowe's Business Rewards points worth? This question is about Lowe's

How much are Lowe's Business Rewards points worth?

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This question is about Lowe's

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@WalletHub • 07/07/21 This answer was first published on 09/24/20 and it was last updated on 07/07/21.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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Lowe's Business Rewards points are worth 0.97 cents each, on average. For example, 10,000 Lowe's Rewards points have a dollar value of roughly $97. As a result, Lowe's Business Rewards points are less valuable than the average home furnishing store's rewards points, which are valued at 5.49 cents each.

The easiest way to calculate the value of a retailer's points for any redemption method is to determine the dollar value of what you're redeeming for, minus any taxes and fees that you'll still have to pay, and then divide that amount by the number of points you're required to redeem. For your convenience, here's the formula for Lowe's Business Rewards points:

Dollar Value of Redemption Item / Number of Lowe's Rewards Points Needed = Lowe's Rewards Point Value

How to Earn More Lowe's Rewards Points

It's important to remember that while you can't change the redemption values of Lowe's Rewards points, you can increase the rate at which you earn them. One of the best ways to increase the number of Lowe's Rewards points that you earn is to apply for the Lowe's Business Rewards Credit Card.

Lowe's Business Rewards Points vs. The Competition

Rewards Program	Average Point Value	Value of 1,000 Points
Lowe's Business Rewards	0.97 cents	$9.7
Ace Rewards	0.2 cents	$2
TrueValue Rewards	0.2 cents	$2
Sam’s Club	1 cent	$10
Menards Rewards	1 cent	$10

Sam's Club and Menards provide rewards in the form of cash back. To make comparison simpler for shoppers, we translated cash back rewards to points at a 1:1 ratio.

Answer Question

Cash back vs. points: does it make a difference?

The difference between cash back and points is that the former is the most versatile type of credit card rewards, as it can be redeemed for anything, and there’s never any doubt about how much it’s worth. Points, on the other hand, have a value set by the credit card company and tend to be worth the most when redeemed for travel. Credit card companies won’t always clearly disclose points values, and those values can change over...

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What Lowes credit card promotions are there?

Current Lowe's Store Card promotions include a 5% discount on all Lowe’s purchases and 6 - 120 months of 0% - 9.99% deferred/reduced interest on big-ticket purchases. The Lowe's Store Card gives you a choice between the two. The card’s regular APR is 26.99%.

Occasionally, Lowe’s also runs limited-time credit card promotions for all cardholders.

Here are the Lowe's Store Card promotions:

5% discount: You can get a 5% discount on everything you buy at the store.
0% - 9.99% deferred/reduced interest: You can pay down big-ticket...

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