Lowe’s, Rona and Réno-Dépôt Leave AIR MILES, End Of January 2021

Lowe’s Canada – which operates Lowe’s, Rona and Réno-Dépôt stores – has announced the end of its partnership with AIR MILES effective February 1, 2021.

So, you have until January 31, 2021 to earn 1 AIR MILES Reward Mile for every $20 spent at these stores. You can get offers with bonus miles on top of this.

You also have until January 31, 2021, to redeem 95 Cash Miles for a $10 rebate at checkout.

If you’re used to paying in these stores with the BMO^® AIR MILES^® World Elite Mastercard^®*, nothing changes for you: you’ll continue to earn 1 AIR MILES mile per $10 in purchases. Like for all purchases charged to this card – including at Costco or Walmart.

If you don’t have this card yet, take advantage of our exclusive offer for milesopedia members.

But there will be some change for BMO AIR MILES credit cards with no annual fee.

You can earn 3x the miles at some AIR MILES partners with those credit cards, including Lowe’s, Rona and Réno-Dépôt.

With the withdrawal of these 3 stores from the AIR MILES program, it will no longer be possible to earn 3x the miles for these purchases. So when you use a no-fee credit card like the BMO^® AIR MILES^® Mastercard^®* in these stores, you’ll earn 1 AIR MILES mile for every $25 in purchases.

If you don’t have this card yet, take advantage of our exclusive offer for milesopedia members.

Lowe’s, Rona and Réno-Dépôt are in the “Home Improvement” category for credit card purchases. But very few credit cards in Canada offer additional cash back for this category.

To our knowledge, only the Tangerine Money-Back Credit Card and the Tangerine World Mastercard allow you to choose the Renovations category to earn 2% cash back.

If you would like to get a lot of cash back for this type of purchase (and all purchases with no category), the best credit card in Canada is the SimplyCash™ Preferred from American Express.

With this credit card, you can earn a 2% cash back on all your purchases with no annual limit. And this one has currently a 10% cash back offer on it, up to $4,000 in Card purchases.

This can be an excellent choice for contractors or if you have a lot of home improvement purchases to make!

Adding and removing partners is part of the life of rewards programs. A few days ago, we learned of the addition of multiple partners on the airmilesshops.ca online shopping portal.

Today, it is a major withdrawal by Lowe’s to move forward with VIPpro, its own rewards program.

If you wish to continue to earn Reward Points for your home improvement expenses, there is still the partnership between Home Hardware and Aeroplan! Or you can use the right credit card for this type of purchase.