Lowe’s has a major appliance sale right now with prices slashed up to 40%. And one of the best deals is on a chest freezer that can do double duty for your home.

Lowe’s has a Hotpoint 8.8 cu ft manual defrost Chest Freezer in white that converts to a refrigerator for $299, a savings of $50 off the regular price of $349.

What makes the appliance so useful is its convertible design so it can be used as a freezer or, with the flip of a switch, a refrigerator. Its LED interior lighting makes it easy to see what you have stored while the white interior liner makes clean up a breeze.

The freezer even comes with a lock and key to keep your food stored safely, as well as an exterior control with power light so you will always know your chest freezer is working.

You can see more features and order here.

Here are more choices from Lowe’s appliance sale:

Samsung 2.1-cu ft 1000-Watt 29.87-in Over-the-Range Microwave with Sensor Cooking – $299, regularly $459

Midea 24-in Front Control Built-In Dishwasher ENERGY STAR, 52-dBA Standard Sound Level – $299, regularly $479

Hotpoint 24-in Front Control Built-In Dishwasher 60-dBA Standard Sound Level – $299, regularly $410

GE 1.9-cu ft 1000-Watt 29.75-in Over-the-Range Microwave with Sensor Cooking – $309, regularly $579

Frigidaire 19.125-in W 24-Bottles Black Freestanding Indoor Wine Cooler – $259, regularly $279

Midea 24-in Front Control Built-In Dishwasher ENERGY STAR, 52-dBA Standard Sound Level – $299, regularly $479

Frigidaire 5.8-cu ft Garage Ready Upright Freezer – $404, regularly $449

Amana 6.5-cu ft Vented Electric Dryer – $468, regularly $629

Amana 3.8-cu ft High Efficiency Agitator Top-Load Washer – $468, regularly $649