There are many options to choose the best home improvements credit card. 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. These cards don't offer many reward programs.
Citi Custom Cash
Citi Custom Cash credit cards offer solid rewards and huge savings potential. Be aware that there are some limitations to the Citi Custom Cash credit card. For instance, the card has a $500 spending cap per billing cycle, so you'll have to plan your purchases carefully to get the maximum amount of cash back. Besides groceries, the card does not offer bonus cash back on other types of purchases.
Bank of America Customized Cash Rewards
Bank of America offers credit cards with home improvement rewards. The Customized Rewards Card by Bank of America offers great rewards and comes with no annual fee. This card will earn you between 25 percent and seventy-five% back on purchases. It can be used for home improvement and shopping as well as gas, food, and groceries. 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 Advantage Card
Lowe's Advantage Card is an excellent option if you're looking to make home improvements. It offers an ongoing discount up to 5 percent on eligible purchases. The card is also free and available without any annual fee. For major renovations, you can also receive promotional financing. 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
When it comes to home improvement spending, the Lowe's Consumer Credit Card is a good option. All eligible purchases qualify for a 5% discount. The discount can be applied instantly and is not calculated in points. Even if you don’t use the card often, this card can provide amazing savings.
Discover It Cashback Card
This is a great option considering the low annual fees and rewards program that the Discover It cash back card offers. The card offers 0% APR on purchases and balance transfers for the first year. For purchases in certain categories (e.g. groceries or restaurants), you may earn as high as 5% cashback. You can also earn cash back with the Discover card, which matches any cash earned during your first year.
Citi Double Cash card
Citi Double Cash Card, with its amazing rewards, is the best home renovation card. There are two options: 1% for purchases and 2% for balance payments. There is no annual fee and you get more rewards than other cards such as merchandise and travel.