Home Depot vs Lowe's - Advice please!!

Question

So I'm going to pull the trigger even though i need to be in the garden...if i have to :-) My HOA is letting residents aquire more land to either side and back of the house due to the water drought.  HOA doesnt want to bother watering the grass and paying landscapers to cut it either. I got an estimate from a fence company for $6.5k to fence in what belongs to us.  Keep in mind that we just moved in and there was no fence.  If we were to ask for 11' more to right of the house and 4' more to the left and get approved by HOA/city, the bid goes to $7.5k.  Both include installation and labor. My friends agreed to help me put up the vinyl fence which they know how to do, if we do it by ourselves. Do i get a home depot or lowes card to purchase all materials (about $3k-$4k) or should I charge it on a regualr credit card? Does either of the stores provide good CLs? 0% for the first year or so? Thanks!!

Answer 1

+1  If the price/availability/quality of the fence is about equal and both stores are a possibility, I'd go with Lowe's for a CC. I've got both.  HD will do 0% for 24 months (term might vary based on amount financed), but that's about it. Some have said they've gotten 5% off in store on purchases after that, but it's not a regular thing and I think it'd be a PITA. HD is Citi, so not as easy to deal with or get in with for most.  Lowe's is an automatic 5% on everything you purchase OR you have the option of 0%. I am not up on how long they 0% for though. Lowe's makes a point of it being a regular thing with 0% where HD makes it seem like it's on account open only. We put kitchen reno stuff on two HD cards at opening (reconned to get decent limits) and haven't done anything beyond that. They may give 0% thereafter if asked, but again it doesn't seem to be their regular thing.  One thing that COULD be a consideration, depending on the term of the 0% etc. Lowe's recently switched up what happens if you don't pay the balance by the end of the promotional period. They had been like a major CC. At the point the 0% ends, you'd just start accruing interest at that time. But now it's like a furniture card or the like, where if you don't have it paid to zero, they'll hit you with ALL the interest for the whole time. At least that's my understanding. (I also am not 100% sure that HD isn't like that, but I don't think they are. I'll definitely be finding out before 07/16 though. )  Last, people on here, as stated above, get CRAZY CLI's with Lowe's. HD, not so much.  Then again, see what you've got available on existing cards. You might find you could get 0% on something exisiting. If you have a Discover (or 2) you could get 10% off since it's the 5% cat this quarter. It caps at $1500 though. Or if they're supplies that you can pick out on the website, you could do it through Discover deals maybe (I can't recall which, if either, have active deals now). That could be an option through another existing shopping portal too, for a discount, if you don't opt for a new card.