Did you know Lowe’s recently made TWO huge changes to their Military Discount policy?
May 1st, 2017, Lowe’s made two significant changes to their military discount policy.
Change 1 (Military Discount for ALL who Served)
Lowe’s military policy changes mean more savings as the discount is now available to ALL who currently serves (Active, Guard, Reserve, FTS, ADG, etc) and who served (HONORABLY Discharge Veterans). This means instead of those who serving only getting the discount THREE times a year (Memorial Day, Labor Day and Veteran Day). Honorably Discharged Veterans can save 10% all year long. This is a huge saving to landlord and homeowners a like, as I know I spend a SMALL fortune on home repairs and improvements
Change 2 (Discount Now Available ONLINE)
Instead of only being able to get the 10% off when you purchase IN-STORE by showing your ID, you now can purchase online using your discount. This is HUGE as most of us have horror stories trying to order something across the country/world. I know it’s been such a pain either spending hours on the phone or by imposing on someone to go into the store for me. An added bonus is there is free parcel shipping for purchases ordered online with no required minimum purchase. So no extra charge for the saved time.
To Receive the Discount You MUST Register
In order to receive the discount, you MUST sign up for a Lowe’s card and register your ID through the below steps.
Step 1 – Visit Lowes.com/military and complete a short personal profile.
Step 2 – Check the box to receive a free MyLowes card.
Step 3- Done 🙂 You are all signed up (For more information you can find the official Lowe’s Press Release Here.)
Lowe’s Policy Created TWO New Savings Opportunities!
Any landlord or homeowner will tell you that home repairs and improvements always seem to be pricey. I know I never seem to get the $5 sprinkler head replacement. My repairs always are the new refrigerator, dishwasher, carpet, paint, etc. On the positive side whenever my credit card gets a workout so do my miles accounts.
While this almost never happens, this new Lowe’s policy is more generous than the old one. Not only is it open to Veterans all year round instead of 3 days a year. Lowe’s new policy of allowing you to order online (free parcel shipping for purchases ordered online with no required minimum purchase) opens two more savings opportunities.
First – Swagbucks
Instead of going directly to Lowe’s.com if you order through your Swagbuck you will save an additional 1%. For example, my $750 refrigerator becomes a (7500 swagbucks) or $7.50 gift card to Starbucks for the days I want okay, NEED to start drinking before 5pm.
Never Heard of Swagbucks/Don’t have a Swagbucks Account?
Swagbucks is an online site that allows you to earn rewards gift cards for things you already spend/do online.
How you earn when you spend?
If you are like me, you like to order everything online. I know I personally hate to go to the store. Now instead of going to Lowes.com, Bestbuy.com, etc if you sign on to Swagbucks and THAN proceed to the retailer you earn additional swagbucks. These swagbucks are then redeemable for giftcards.
How you earn when you “do” online?
Swagbucks also allows you complete surveys/watch videos to earn extra swagbucks. Swagbucks also spend special offers with additional bonuses. You then redeem the swagbucks for gift cards. The cool thing is they even have promotions on their gift cards (for example currently a $25 amazon gift card is 2200 points not 2500).
Swagbucks is a great way to earn free gift cards on money you are already spending.
Don’t have a Swagbucks account.
Set up an account HERE and get an additional $5 sign on bonus
Second- Cardpool
Cardpool buys gift cards from those who don’t want them and then sells them to you at a discount. While its not the best deal for someone selling it is a GREAT deal for someone buying. For example, if you were to have a $1,000 purchase from lowes and bought the gift cards through Cardpool first. You would save $40 or 4%. Every company has a different amount based on supply and demand. For example, Chili’s is 17% versus Lowe’s 4%. If you have a large project coming out, a little planning might be needed as you the best cards can sell out.
As much as I hate seeing my savings/emergency account dwindle after spending large amounts of money on improvements and repairs. At least with these two “tricks” I save a little more money on something I am going to buy anyways.
Happy Landlording!
2
Elizabeth, Thank you for this post. I stumbled across your site and this article just in time as I just had a washing machine die in my rental on the other side of the world. I already had a Lowes account that I hadn’t used in some time. It took under 2 minutes to register and bang! I saved 10% on a washer that was already 28% off! What a steal. I stacked that with the Swagbucks deal you mentioned and a credit card bonus for another 6% “cashback”.
I give Lowes 5-stars for implementation of the this. No scanning IDs or sending orders. Go to the site, quickly answer a couple of questions. It checks the DMDC database then instantly adds the discount to your online profile. Maybe a two minute process total. The discount appears upon checkout.
Yeah! So happy it all worked and you were able to save so much money!
I was able to get a 0% I eye test rate on my Lowe’s card through the Servicemembers Civil Relief Act (SCRA). Just call the card company (Synchrony) and ask about it. They may have you send in orders and just re-up as needed. Also brought my Capitalone down to 4%. And works on other cards to depending on certain criteria.
*interest.
Great info, thanks Ed!!
Glad it helped!!