Note: Cashback rate was calculated for exchanging rewards points for Lowe's gift cards (see more info here)
3 points per dollar spent at restaurants, at office supply stores, and on your wireless phone bill; 2 points per dollar spent at Lowe's®; 1 point per dollar spent virtually everywhere else.
You can receive one (1) base rewards point for each U.S. dollar of eligible spending on your Card account. You can receive two (2) rewards points on eligible purchases at Lowe's and three (3) rewards points at restaurants, office supply stores, and on wireless phone bill payments (in each case not purchased at warehouse clubs, superstores, or supermarkets). You will not receive rewards points for balances transferred from other accounts, purchases of American Express® Travelers Cheques or American Express® Gift Cheques, fees, Finance Charges, or Cash Advances (including the use of checks, automated teller machines, or similar means of accessing your Card account). To receive rewards points, your Card account must be in good standing. Forfeiture rules for late payment also apply. Additional terms and conditions apply.