When it comes to credit scores, the lower the number, the higher the risk you are to lenders. A “good” credit score is typically anything above 650, while a “excellent” credit score is typically 750 or above. With that in mind, what credit score is needed to be approved for a Lowe’s credit card?
For starters, it’s important to know that there are two types of Lowe’s credit cards: the Consumer Credit Card and the Business Credit Card. The minimum credit score needed for each card varies.
For the Consumer Credit Card, you’ll need a minimum credit score of 620 to be approved. However, if you have a score of 720 or above, you’re likely to get a lower interest rate.
As for the Business Credit Card, you’ll need a minimum credit score of 700 to be approved. However, if you have a score of 750 or above, you’re likely to get a lower interest rate.
In conclusion, while there is no definitive answer as to what credit score is needed to be approved for a Lowe’s credit card, we can see that there is a general range that is considered “good” or “excellent.” If your score falls within this range, you have a good chance of being approved for either the Consumer Credit Card or the Business Credit Card.
