What can you do with a MyLowe's account?

As of 2015, a MyLowe’s account holder can choose either a percentage off of purchases each day or get a six-month special financing offer on large purchases, claims Lowe's. Also, account holders can receive 10 percent off their first purchase. Consumers can also manage their account online and make payments.

No interest charges accrue during the financing period should a customer choose the special financing offer for a purchase as long as the customer pays the balance before the offer ends, explains Lowe's. The shopper cannot combine the daily percentage discount with the special financing offer. The daily percentage discount is off of one single receipt purchase.

New MyLowe’s account holders get a one time offer for 10 percent off of the first purchase of the account, according to Lowe's. Customers cannot use this offer online since it is available only in stores. The MyLowe’s account can work at any store location. Customers may also use the card to purchase items online at Lowes.com home delivery or store pickup. Shoppers can also use the card to buy gift cards.

After signing up online for the account, customers can check the balance and history of purchases anytime, explains Lowe's. The company offers the ability to make payments online and schedule future payments. Finally, consumers can also use the mobile application to manage the account and see available special offers.