There are many options when it comes to selecting the best home improvement credit cards. There are two options: the Lowe's Advantage Card and the Home Depot Consumer Credit Card. Both cards have some limitations, including the absence of intro APR periods and deferred interests. Also, these cards do not offer many rewards programs.
Citi Custom Cash
The Citi Custom Cash credit card offers a solid rewards structure and the potential for huge cash back savings. However, there are a few caveats you should be aware of. The card has a spending limit of $500 per billing cycle. This means that you will need to plan your purchases carefully in order to receive the most cash back. The card doesn't offer any bonus cash back for other purchases, except groceries.
Bank of America Customized Cash Rewards
Bank of America offers a range of credit cards that offer rewards for home improvements. Because it has no annual fee and offers great rewards, the bank's Customized cash Rewards card is a good option. This card can earn you 25 percent to seventy-five percent back on your purchases. It can be used for dining, home improvement, grocery shopping, gas, and many other purposes. You can choose to spend a set amount on gas, groceries and home improvement each month, and there is no maximum spending limit.
Lowe's Benefit Card
Lowe's Advantage Card could be the right choice for you if your home needs some improvement. You can get a discount of 5 percent for eligible purchases and it is completely free with no annual fees. There are also promotional financing options available for major renovations. People often switch to Home Depot due to the 5 percent reward program. However, you might also want the Lowe's Credit Card benefits.
Lowe's Consumer Credit Card
The Lowe's Consumer Credit Card offers a great option for home improvements. This card provides a 5% discount for all eligible purchases. The discount is immediate and not calculated with points. Even if you don’t use the card often, this card can provide amazing savings.
Discover It Cashback Card
This card is a good choice due to the low annual charge and the rewards program provided by Discover It Cashback Card. The first year offers balance transfers and purchases at 0% interest. Purchases in certain categories like groceries, restaurants, and grocery stores can be eligible for 5% cashback. The Discover card offers cash back as well as matching the cash you earn in the first year.
Citi Double Cash Card
Because of its great rewards, the Citi Double Cash Card may be the best home-improvement card. You can get 1% back on your purchases and 2% back when you pay off your balance. It also offers you more rewards than any other card, including travel and merchandise.