Lowe’s offers account holders new rewards program

Lowe's is automatically enrolling its current account holders into a new loyalty program called MyLowe's Rewards.

Benefits include:

• For every 1,000 points there is a $5 reward.
• Free member gifts.
• Free standard shipping starting with Silver Key status.
• Loyalty members who are credit card holders save 5% on eligible purchases and unlock the Silver Key status.

In introducing the program Lowe's is sending out $5 coupons off a purchase of $50 or more that expires March 26.