Herein, the corrosion performance of different stainless steel (SS) reinforcing bar grades in alkaline solution is presented, including UNS S32205 duplex stainless steel (DSS), UNS S32304 and UNS S32001 lean DDS (LDSS). The electrochemical dissolution kinetics were studied by potentiodynamic polarization and the Tafel slope method. The environmentally assisted cracking (EAC) mechanisms of the different SS grades in the presence of Cl− were revealed with the slow strain rate test (SSRT). The higher activation of the anodic branch and the loss of toughness were related to the austenite-to-ferrite phase ratio. UNS S32205 DSS presented the slowest anodic dissolution kinetics, mainly due to the higher austenite content compared to the other LDSS; however, it suffered a more severe EAC than the UNS S32304 LDSS. In the case of UNS S32001 LDSS, even while having the lowest Ni content (i.e., large ferrite α-phase ratio), it experienced the least decrease in elongation as well as low anodic dissolution kinetics for Cl− contents up to 8 wt.%, where the Cl− threshold was reached.