Lowe's vs Menards vs Home Depot Discount Programs

Lowe's vs Menards vs Home Depot Discount Programs

Dayton, OH · Member since 2017 · 143 posts · 62 votes

I'd be curious to hear what everyone's experience or thoughts are on the various contractor services / bid programs offered by all the big box stores. Which one do you use, which do you prefer, and what about the specific store's program makes it better than the others?

I'll provide a brief summary of each from what I've learned speaking to the stores:

Home Depot - Loyalty credit card with a small % rebate on all sales. They also have a bid program where you can submit an order of $2,500 or more. They'll give an itemized discount, which varies from item-to-item.

Mendard's - Loyalty credit card with rebate as well. You build up a $6,000 minimum on your card and once that is exceeded, you get rebates on all the previous purchases + future purchases. Along with that you get a flat 2% discount on everything.

Lowe's - Loyalty credit card with rebate. Similar to Home Depot, you build out an order with all the items that you want and they send the order off to Corporate who provides an itemized discount.

1Reply
377 views

Most Popular Reply

Investor · New York City, NY · Member since 2015 · 122 posts · 67 votes
8y

I'm a Home Depot Pro contractor and use the Pro Rewards program which allows job tracking as has been mentioned previously.  I also use the HD Project Loan program,  which at 8% is much less costly than hard money. The loan runs for six months and you only pay interest on what you use as it should be. I pay this one of when I flip the project and start a new one for the next project which also helps keep the individual job tracking much simpler. I have projects in the states and use HD for all of them. Depending on which state,  I also use HD contractors to do some of the work and use the project loan to pay for it. I just had hardwood floors sanded and refinished in a Connecticut house that we're flipping and the contractor did a great job for a very reasonable price. Same with the carpeting. 

See this reply in the discussion

9 Replies

Jump to latestLatest
  • Investor · Bethlehem, PA · Member since 2016 · 229 posts · 122 votes
    8y

    I use lowes CC. they give me 5% back on all purchases. I haven't used their contracting but I buy all my stuff from them.

  • Matt LeonardPro Member
    Londonderry, NH · Member since 2015 · 98 posts · 89 votes
    8y

    @Alex Huang

    I try to use HD for everything for the sole purpose of their purchase tracking.  I put in my phone number and they ask me for the job name on every purchase and then at the end of the year, with a couple clicks of a mouse, I have a report of every dollar I spent and which property/project they were allocated to for tax purposes.  I never have to worry about receipts, they are all in the cloud, for free.  

    I tried their bid program once, and saved about 5% on a 2500 purchase, they can get more aggressive on some items.

  • Investor · Lake Worth, FL · Member since 2014 · 378 posts · 184 votes
    8y

    Don't forget the 10% discount also for Veterans at Home Depot and Lowe's. We don't have a Menards here in south Florida. I also get discounts for being a memeber of my National REIA. Pro rewards and the tracking with Home Depot is awesome.

  • Investor · Anchorage, AK · Member since 2015 · 29 posts · 24 votes
    8y

    Lowe's recently lowered their "pro desk" discount to $1500 minimum. I've done everything through Lowes and gotten no less than a 10% discount going with their bid program. It only takes a couple minutes to run your order through their system for a discount too.

  • Investor · New York City, NY · Member since 2015 · 122 posts · 67 votes
    8y

    I'm a Home Depot Pro contractor and use the Pro Rewards program which allows job tracking as has been mentioned previously.  I also use the HD Project Loan program,  which at 8% is much less costly than hard money. The loan runs for six months and you only pay interest on what you use as it should be. I pay this one of when I flip the project and start a new one for the next project which also helps keep the individual job tracking much simpler. I have projects in the states and use HD for all of them. Depending on which state,  I also use HD contractors to do some of the work and use the project loan to pay for it. I just had hardwood floors sanded and refinished in a Connecticut house that we're flipping and the contractor did a great job for a very reasonable price. Same with the carpeting. 

  • Investor · New York City, NY · Member since 2015 · 122 posts · 67 votes
    8y

    Meant to say three states. Sorry for the typo.

  • Investor · Malakoff, TX · Member since 2017 · 2k+ posts · 2k+ votes
    8y

    For pretty much everything I purchase HD is cheaper than Lowes.

  • Investor · New York, NY · Member since 2019 · 2 posts · 0 votes
    4y
    Quote from @Wayne V.:

    I'm a Home Depot Pro contractor and use the Pro Rewards program which allows job tracking as has been mentioned previously.  I also use the HD Project Loan program,  which at 8% is much less costly than hard money. The loan runs for six months and you only pay interest on what you use as it should be. I pay this one of when I flip the project and start a new one for the next project which also helps keep the individual job tracking much simpler. I have projects in the states and use HD for all of them. Depending on which state,  I also use HD contractors to do some of the work and use the project loan to pay for it. I just had hardwood floors sanded and refinished in a Connecticut house that we're flipping and the contractor did a great job for a very reasonable price. Same with the carpeting. 


  • Investor · New York, NY · Member since 2019 · 2 posts · 0 votes
    4y
    Do you have to reapply with credit pull every time you do a project loan? Also is the project loan reported to personal credit bureaus? 
Join the conversationCreate a free account to reply, vote on answers and follow this thread.