Important information regarding rates, fees, and other cost information
Annual Percentage Rate (APR) for Purchases
20.99% (Prime Rate + 12.49%) to 29.99% (Prime Rate + 21.49%), based on your creditworthiness as determined at the time of account opening. This APR will vary with the market based on the Prime Rate.
APR for Cash Advances
29.99% (Prime Rate + 21.99%)
This APR will vary with the market based on the Prime Rate.
Penalty APR and When It Applies
29.99% (Prime Rate + 25.99%)
This APR will vary with the market based on the Prime Rate.
This APR will apply to your account if:
1) You make 2 or more late payments in a 12-month period;
2) You do not pay the Minimum Payment due by the closing date of the billing period in which it is due; or
3) You make a payment that is returned.
How Long Will the Penalty APR Apply? If the Penalty APR is applied, it will apply for a minimum of 12 billing periods in a row, and will continue to apply until after you have made timely payments, with no returned payments for 12 billing periods in a row.
Paying Interest
Your due date is at least 25 days after the close of each billing period. We will not charge you interest on purchases if you pay your entire balance by the due date each month. We will begin charging interest on cash advances on the transaction date.
Annual Membership Fee
$0
- Cash Advance
- Either $5 or 3% of the amount of each cash advance, whichever is greater.
- Foreign Transaction
- 2.7% of each transaction after conversion to US dollars.
- Late Payment
- Up to $39
- Overlimit
- None
- Returned Payment
- $39
How We Will Calculate Your Balance:
We use a method called "average daily balance (including new transactions)."
Loss of Introductory APR:
If a penalty APR applies to your account for any reason we will end any introductory APRs and a penalty APR will apply to your Account.
Variable APRs will not exceed 29.99%.
Variable APRs for each billing period are based on the Prime Rate published in The Wall Street Journal on the Closing Date of the billing period. The Wall Street Journal may not publish the Prime Rate on that day. If it does not, we will use the Prime Rate from the previous day it was published. If the Prime Rate increases, Variable APRs will increase. In that case, you may pay more interest and have a higher Minimum Payment Due. When the Prime Rate changes, the resulting changes to variable APRs take effect as of the first day of the billing period. Variable APRs are accurate as of 04/23/2024.
TERMS AND CONDITIONS
View the full Card Member Agreement.
By submitting this application, you, as an individual and the Authorizing Officer of the Company, (a) are requesting us to open an Account in the name of the Company, (b) are requesting that we issue Card(s) as you direct, (c) are agreeing to be jointly and severally liable with the Company for all charges to the account, and (d) are REPRESENTING THAT ALL CARD(S) ISSUED ON THE ACCOUNT WILL ONLY BE USED FOR COMMERCIAL OR BUSINESS PURPOSES. Only qualified individuals 18 or over may be approved for a Card Account. This offer is available to US Residents. When you use the Account (or sign or keep the Card), you agree to the terms of the Card Member Agreement that will be provided to you for the Account. The Card Member Agreement includes an arbitration provision, which impacts the opportunity to have claims related to the Account heard in court or resolved by a jury, and to participate in a class action or similar proceeding. We may change the terms of, or add new terms to, the Card Member Agreement at any time, subject to applicable law. We may apply any changed or new terms to any existing and future balances on your Account, subject to applicable law.
You promise that the information you provide on this application is accurate. You authorize us to verify this information and to obtain reports from consumer reporting agencies. You authorize us and our affiliates and subsidiaries to share information we have about you at any time for marketing and administrative purposes as permitted by law. Upon request, we will tell you if we have received a consumer report and the name and address of the agency that provided it.
Additional Cards:
You must notify Additional Card Members that we may obtain, provide, and use information about them and that their use of your Account is subject to certain provisions of the Card Member Agreement. The maximum number of additional cards issued on each account is 99.
USA PATRIOT Act Notice:
Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account, including your name, address, date of birth and other information that will allow us to verify your identity.
New York Residents:
New York residents may contact the New York State Department of Financial Services by telephone or visit its website for free information on comparative credit card rates, fees, and grace periods. New York State Department of Financial Services: 1-800-342-3736 or www.dfs.ny.gov
Cash advance at ATMs:
We may issue you a Personal Identification Number (PIN) to use to obtain cash advances at participating ATMs. Or you may request a PIN for cash advances by contacting us. We will send you a letter confirming your PIN.
Notice to Delaware Residents:
Service charges not in excess of those permitted by law will be charged on the outstanding balances from month to month.
Notice to Oregon Residents:
Service charges not in excess of those permitted by law will be charged on the outstanding balances from month to month. You may pay more than the minimum payment due, up to your entire outstanding balance, at any time.
Notice to Ohio Residents:
The Ohio laws against discrimination require that all creditors make credit equally available to all creditworthy customers and that credit reporting agencies maintain separate credit histories on each individual upon request. The Ohio Civil Rights Commission administers compliance with this law.
Lowe's® and the gable design are registered trademarks of LF, LLC. All rights reserved.
POID K2C1:9951
OFFER TERMS
You may not be eligible to receive a welcome offer if you have or have had this Card or previous versions of this Card. You also may not be eligible to receive a welcome offer based on various factors, such as your history with credit card balance transfers, your history as an American Express Card Member, the number of credit cards that you have opened and closed and other factors. If you are not eligible for a welcome offer, we will notify you prior to processing your application so you have the option to withdraw your application.
5% Cash Back at Lowe's
You can earn 5% cash back on eligible purchases made on your Lowe's Business Rewards Card at Lowe's during the first 6 months of Card Membership starting from the date that your account is opened. That is 3% back (or 3 points) on top of the 2% back (or 2 points) you already earn per dollar spent on eligible purchases at Lowe's. Cash back is received in the form of Lowe's Business Rewards points that can be redeemed for statement credits or select gift cards. Eligible purchases are purchases for goods and services minus returns and other credits. Eligible purchases do NOT include fees or interest charges, cash advances, purchases of travelers checks, purchases or reloading of prepaid cards, purchases of gift cards, person-to-person payments, or purchases of other cash equivalents. Eligible purchases can be made by the Basic Card Member and any Additional Card Members on a single Card account, however, Additional Card Members are not eligible for their own offer. The Lowe's Business Rewards points will be applied to your account 8-12 weeks after an eligible purchase at Lowe's is charged to your Card Account. Your Card Account must not be cancelled or past due at the time of fulfillment of any offers. This offer is not transferable. American Express reserves the right to modify or revoke offer at any time. If we in our sole discretion determine that you have engaged in abuse, misuse, or gaming in connection with this offer in any way or that you intend to do so (for example, if you applied for one or more cards to obtain an offer(s) that we did not intend for you; if you cancel or downgrade your account within 12 months after acquiring it; or if you cancel or return purchases you made to meet the Threshold Amount), we may not credit, we may freeze, or we may take away the Lowe's Business Rewards points from your account. We may also cancel this Card account and other Card accounts you may have with us.
BENEFIT TERMS
The following benefits and services are subject to change or cancellation.
Account Manager
Account Managers must be at least 18 years old and have a U.S. Mailing Address and Social Security Number.
American Express Access
Access tickets may be purchased by American Express® Card Members for select events and select seats, during a specified period. Tickets must be purchased using an American Express Card (including, for example, the American Express International Dollar Cards). Tickets are sold by and fulfilled by third party ticket sellers (not American Express), and such tickets are subject to the rules, terms and conditions, prices and fees set by the ticket seller, event promoter and/or the venue. Access tickets are subject to availability and supply may be limited. Not all seats may be offered; purchase limits and blackout dates may apply. Refunds, exchanges, and resale may be prohibited by the ticket seller. For more information, please visit americanexpress.com/entertainment.
American Express Early Access
Early Access tickets may be purchased by American Express® Card Members for select events and select seats, during a specified period prior to the general on-sale dates for those events. Tickets must be purchased using an American Express Card (including, for example, the American Express International Dollar Cards). Tickets are sold by and fulfilled by third party ticket sellers (not American Express), and such tickets are subject to the rules, terms and conditions, prices and fees set by the ticket seller, event promoter and/or the venue. Early Access tickets are subject to availability and supply may be limited. Not all seats may be offered; purchase limits and blackout dates may apply. Refunds, exchanges, and resale may be prohibited by the ticket seller. For more information, please visit americanexpress.com/entertainment.
American Express Experiences
Offer valid in select cities. During the specified sales period, tickets are available exclusively to all American Express® Card Members. Tickets must be purchased with an American Express Card. Standard service charges apply. Offer is subject to availability. Not all seats are available and blackout dates apply. All sales final. No refunds. No exchanges. Offer may be changed or revoked at any time at the sole discretion of American Express. Some events may not be accessible to Card Members with disabilities. For more information, please visit americanexpress.com/entertainment.
American Express® App
The American Express® App and app features are available only for eligible accounts in the United States. American Express® prepaid Cards and Cards issued by non-American Express issuers are not eligible.
To log in, customers must have an American Express user ID and password or create one in the app.
iOS and Android™ only. See app store listings for operating system info.
Amex Offers
Eligible Card Members can redeem an Amex Offer by first enrolling in the offer in their online account or in the American Express® App and then using their enrolled Card to pay. Only U.S.-issued American Express Consumer and Business Cards and registered American Express Serve® and Bluebird Cards may be eligible. We may consider the number of American Express Cards you have opened and closed as well as other factors in making a decision on your eligibility to access Amex Offers. You may not be eligible to access Amex Offers if we, in our sole discretion, determine that you have previously engaged in abuse, misuse or gaming of the Amex Offers program, or any other Amex program. Offers are also available to Additional Card Members and available offers may vary for each eligible Card Member. Please review the terms of each offer for details on how to redeem. For full Program Terms, visit www.americanexpress.com/us/amexoffersterms/.
Connect to QuickBooks
Connect to QuickBooks works with QuickBooks Online and is available for use with Business Cards from American Express. Any QuickBooks Online screen shots © Intuit Inc. All rights reserved. Intuit, the Intuit logo, QuickBooks, and the QB logo are registered trademarks of Intuit Inc.
Dispute Resolution
Not all disputes are resolved in the Card Member's favor.
Employee Card - Category Alerts
Merchants are categorized based on what they primarily sell. You will not receive an alert if an Employee makes a purchase at a merchant from an approved category, whether or not you consider that purchase to be a part of a particular category.
Employee Card Spending Limits
Employee Card Spending Limits may be set up online or by calling the number on the back of your Card. The Spending Limit is not a guarantee that the Employee Card Member will be able to make purchases up to that limit. There are certain purchases where the limit does not apply, such as, for example, restaurant tips and hotel stays extended beyond their original reservation period, and the overall Account capacity is taken into consideration. You agree to pay all Charges without regard to whether any Charges exceed a limit, and you agree that we are not liable to you or any other person when a limit is not applied to any Charges and/or when Charges are incurred and billed that exceed a limit. For more information on the application of the limit, please refer to the Employee Card Spending Limits Terms and Conditions at www.americanexpress.com/spendlimits/terms, which will also be provided when you enroll Employee Card(s) in this feature.
Global Assist® Hotline
While Global Assist® Hotline coordination and assistance services are offered at no additional charge from American Express, Card Members are responsible for the costs charged by third-party service providers. For full Terms and Conditions, see americanexpress.com/GAterms.
Lowe's 5% Discount
Subject to credit approval. 5% can't be combined with any other discounts. 5% offer applies to eligible US Lowe's store and Lowes.com purchase or order after all other applicable discounts charged to your Lowe's® Business Rewards. Customer must pay applicable sales tax. Offer can't be used in conjunction with or on: (i) other credit-related promotional offers unless otherwise stated; (ii) any other promotion, discount, markdown, coupon/barcode, rebate or offer, including any Lowe's volume or special discount programs (such as but not limited to, Contractor Pack, Buy in Bulk, Value Savings Program ("VSP"), Special Value, New Lower Price, Was: Now, Military Discount, Employee Discount, and Lowe's Price Promise); (iii) associate discretion price adjustments; (iv) any services (such as but not limited to, rentals; extended protection/replacement plans; shipping, delivery, assembly or installation fees); (v) fees or taxes; (vi) previous sales; (vii) gift cards; (viii) Weber, Kichler or Miele products; (ix) Lowe's ProSupply purchases. Additionally, purchases made with the Lowe's Business Rewards Card from American Express through third-party digital wallets or third-party payment accounts may not be eligible. Excludes Lowe's® Advantage Credit Accounts, Lowe's Visa® Accounts and all Lowe's Canada Credit products. We reserve the right to discontinue or alter the terms of this offer at any time.
Lowe's Business Rewards
Lowe's Business Rewards points (or Lowe's Rewards) may be shown as % back or % cash back in marketing materials and can be redeemed for statement credits or select gift cards. Each 100 Lowe's Business Rewards points earned is equal to $1.
2% cash back (or 2 points) for each $1 spent on eligible purchases at Lowe's stores, Lowes.com. 2% cash back equals 2 points for each $1 spent, which equates to $0.02 in Lowe's Rewards.
2% cash back (or 2 points) for each $1 spent on purchases on your Card Account at restaurants located in the U.S., at office supply stores located in the U.S. (office supplies purchased at other retail stores are excluded), and on monthly wireless telephone services purchased directly from U.S. wireless telephone service providers (purchases of hardware and equipment are excluded; any purchases from third parties and resellers are excluded). 2% cash back equals 2 points for each $1 spent, which equates to $0.02 in Lowe's Rewards.
1% cash back (or 1 point) for each $1 spent on all other eligible purchases. 1% cash back equals 1 point for each $1 spent, which equates to $0.01 in Lowe's Rewards.
Points can be used to cover specific, eligible charges to receive statement credits on your account. Points can only be used toward the entire amount of an eligible charge.
Eligible Purchases are purchases for goods and services minus returns and other credits. Eligible purchases do NOT include fees or interest charges, cash advances, purchases of travelers checks, purchases or reloading of prepaid cards, purchases of gift cards, person-to-person payments, or purchases of any cash equivalents.
Merchants are assigned codes based on what they primarily sell. A purchase will not earn additional points if the merchant's code is not eligible. Purchases made through a third-party payment account or on an online marketplace (with multiple retailers) will not earn additional points. A purchase may not earn additional points if the merchant submits the purchase using a mobile or wireless card reader or if you use a mobile or digital wallet.
Lowe's MVPs Pro Rewards Program
BY SUBMITTING YOUR APPLICATION, YOU AGREE TO THE LOWE'S TERMS AND CONDITIONS (Lowes.com/l/about/terms-and-conditions-of-use) AND PRIVACY STATEMENT (Lowes.com/privacy). When you submit your application for the Lowe's Business Rewards American Express® Card, American Express will share your information with Lowe's, and if you provide an email address and do not already have a Lowe's Personal Account or Business Account, Lowe's will enroll you into the MVPs Pro Rewards and Partnership Program ("Program") and create a Lowe's Pro Business Account subject to Lowe's Terms and Conditions including the PRO Account Eligibility and Restrictions. Lowe's will reach out to you via email to complete set up of your Pro Business Account. American Express will share approved credit account numbers with Lowe's. If you are either (i) a new Pro Business Account user or (ii) Lowe's can verify your existing Pro Business Account using the information shared by American Express, Lowe's will save the card number and expiration date in your Lowe's Pro Business Account digital wallet and notify you via email. The Program is owned and operated by Lowe's Home Centers, LLC. For more information about the Program (including eligibility, how to unenroll and how Lowe's will use your information), please see the links above.
Lowest Hotel Rates Guarantee
Valid only for American Express Card Members. If you book a qualifying hotel rate on amextravel.com and then find the same room, in the same hotel, for the same dates, the same number of children and adults, the same rate type and cancellation policy at a lower price online, before taxes and fees, we'll refund you the difference. For pre-paid reservations, your claim must be submitted prior to your stay, before the date of check-in. For verification of "pay later" hotel bookings, your claim must be submitted within thirty (30) days after you have completed the hotel stay, and the customer service representative may instruct you to mail a copy of your hotel receipt to American Express within that time period. American Express will honor the lower price for verified requests. The "Lowest Hotel Rates Guarantee" policy applies only to online rates available to the general public and excludes (1) rates or discounts that are not available to the general public, including, but not limited to, corporate, group, charter, meeting/convention, AAA, government/military, and senior citizen rates/discounts; or (2) hotel rooms booked through or in combination with frequent stay, loyalty, points, coupon promotions, rooms won through contests or sweepstakes or transferred, or rooms booked on opaque websites that do not allow you to see the name of the hotel until your reservation is complete; or (3) promotional packages, deals, all-inclusive packages, or bundles that may include additional amenities such as parking, meals, or entertainment, or (4) rates booked through the Fine Hotels + Resorts® and The Hotel Collection programs. Details
Rewards Disclosure for Employee Cards
Terms, conditions and restrictions vary by individual Card products.
Seller of Travel
American Express Travel Related Services Company, Inc. is acting solely as a sales agent for travel suppliers and is not responsible for the actions or inactions of such suppliers. Certain suppliers pay us commission and other incentives for reaching sales targets or other goals and may provide incentives to our Travel Consultants. For more information visit www.americanexpress.com/travelterms.
California CST#1022318; Washington UBI#600-469-694
Total Card Limit for Employee Cards
You may add up to 99 total Employee Cards on your account.
Vendor Pay
Vendor Pay by Bill.com is available on American Express Business and Corporate Cards. Card Members must sign up for Vendor Pay and enroll the Card for payments by going to www.americanexpress.com/vendorpay. Not all suppliers may accept American Express virtual payments. The Basic plan has no monthly fee for the first user and no fee for a second user for six months from when the first user signs up. After six months, the second user will have a fee of $15 per month. The Advanced version has a monthly fee of $59 or $99 per user depending on select accounting systems. The monthly fees are set by Bill.com and subject to change at Bill.com's discretion. Fees are in addition to American Express Card fees. There are additional per transaction fees for check and ACH services.
Year–End Summary
The Online Year–End Summary, typically available in January, reflects charges posted to your account from January 1st through December 31st of the prior year.
AMEX ASSURANCE COMPANY DISCLOSURES
For important information on policy terms, go to americanexpress.com/benefitsguide
Car Rental Loss and Damage Insurance
Car Rental Loss and Damage Insurance is underwritten by AMEX Assurance Company. Subject to additional terms, conditions and exclusions. For full Terms and Conditions, see americanexpress.com/CRLDIterms. If You have any questions about a specific vehicle, please call Us at 1-800-338-1670, if international, collect at 1-303-273-6497.
Extended Warranty
Extended Warranty is underwritten by AMEX Assurance Company. Subject to additional terms, conditions and exclusions. For full Terms and Conditions, see americanexpress.com/EWterms. If You have any questions about a specific item, please call Us at 1-800-228-6855, if international, collect at 1-303-273-6497.
Purchase Protection
Purchase Protection is underwritten by AMEX Assurance Company. Subject to additional terms, conditions and exclusions. For full Terms and Conditions, see americanexpress.com/PPterms. If You have any questions about a specific item, please call Us at 1-800-228-6855, if international, collect at 1-303-273-6497.