(EXPIRED) New Lowe’s offer: $10 / 1K back on $50

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There’s a new targeted (but widely available) Amex Offer out for Lowe’s. Depending on your card, there are two versions: Spend $50, get $10 back or Spend $50, get 1,000 Membership Rewards points.

The Deal

  • Spend $50 or more in-store at Lowe’s, get either $10 back or 1,000 Membership Rewards points (see your offer)

Key Terms

  • Expires 5/31/18
  • Valid in-store only
  • Single use
  • Excludes installation or repairs
  • Excludes Lowe’s Canada/Mexico

Quick Thoughts

This is an awesome offer if you have it. If you do, you’ll want to add this offer to every card on which you find it. However, you’ll want to see our Complete Guide to Amex Offers for more information on how to add an offer to multiple cards if you aren’t familiar with the multi-tab trick to add the offer.

What makes this offer awesome is that even if Lowe’s doesn’t sell items you want or need right now, they sell a wide range of 3rd-party merchant gift cards as well as Visa gift cards. You could use this offer for an effective 20% off just about anywhere if you buy gift cards in $50 increments.

Of course, if you have the Membership Rewards offer and value those points beyond 1c each, that’s even better. Our Reasonable Redemption Value for Membership Rewards points is 1.82c each, and you can certainly get more than that with the right international premium cabin redemptions. Even if you conservatively value the points at 1.5c each, it’s like a 30% return on $50.

As always, this offer has been added to our Current Amex Offers database, where you can search for offers by key word when you’re wondering if an offer is available at a specific merchant.

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