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4 Best State Farm Credit Cards of 2019

Robin Saks FrankelJune 10, 2019

At NerdWallet, we strive to help you make financial decisions with confidence. To do this, many or all of the products featured here are from our partners. However, this doesn’t influence our evaluations. Our opinions are our own.

NerdWallet's Best State Farm Credit Cards of 2019

Our pick for

Spending on premiums

State Farm Platinum Rewards Visa Credit Card Credit Card
Annual Fee

$0

Regular APR

16.24% - 26.24% Variable APR

Intro APR

0% on Purchases and Balance Transfers for 12 months

Recommended Credit Score
Among the suite of State Farm credit cards, the State Farm® Rewards Visa® Credit Card offers a straightforward earnings structure, including elevated rewards on insurance premium payments.

Pros

The opportunity on this card to earn bonus rewards on your insurance premium spending is a rare find. With an annual fee of $0, it won't cost you anything to carry it either.

Cons

Once you hit $4,000 in annual spending on insurance premiums, the rewards rate drops to a mediocre 1 point per dollar. Squeezing the best value out of your points when you're ready to redeem can be complicated and cumbersome.
  • Earn 1 State Farm Loyalty Rewards® point for every $1 spent on eligible purchases.
  • Earn 3 points for every $1 spent on insurance premium payments, up to $4,000 annually.
  • Redeem points for merchandise, travel, and eligible State Farm® products.
  • Redemption premium when points are applied toward a qualifying State Farm product.
  • Enhanced Security with Chip Card Technology

Our pick for

0% intro APR period

State Farm Good Neighbor Visa Credit Card Credit Card
Annual Fee

$0

Regular APR

15.49% - 25.49% Variable APR

Intro APR

0% on Balance Transfers for 12 months

Recommended Credit Score
The State Farm® Good Neighbor Visa® Credit Card offers a lengthy introductory period of interest-free breathing room on purchases and transfers.

Pros

For those who qualify for the lower end of the APR range, the State Farm® Good Neighbor Visa® Credit Card has a lower-than-average interest rate and a decent 0% APR offer: 0% introductory annual percentage rate (APR) on balance transfers for 12 months, and then the ongoing APR of 15.49% - 25.49% Variable APR.

Cons

There are no rewards with the State Farm® Good Neighbor Visa® Credit Card, and you can likely find longer 0% APR offers on purchases and/or balance transfers.
  • No annual fee
  • 0% introductory APR on balance transfers for 12 months, thereafter a variable rate of 14.99% to 24.99% APR based on creditworthiness. This APR will vary with the market based on the Prime Rate.
  • New Chip Card Technology provides greater security.

Our pick for

Students

State Farm Student Visa Credit Card Credit Card
Annual Fee

$0

Regular APR

17.24% - 25.24% Variable APR

Intro APR

N/A

Recommended Credit Score
When your credit file is slim, so are your options for credit cards. The State Farm® Student Visa® Credit Card offers a shot at shoring up credit while earning rewards, too.

Pros

There aren't many cards for those with just-OK credit that also let you earn rewards, but the State Farm® Student Visa® Credit Card is one of them. With this $0-annual-fee card, you'll get 1 point for every $2 spent on eligible purchases and 3 points per $1 spent on insurance premium payments, on up to $4,000 spent annually. Cardholders are also eligible for student discounts from Visa.

Cons

There are other cards on the market aimed at students that offer more robust rewards. Redemption options include State Farm products and gift cards but not cash back. The State Farm® Student Visa® Credit Card has a 3% foreign transaction fee, making it a poor choice for use abroad.
  • Earn 1 State Farm Loyalty Rewards® point for every $2 spent on eligible purchases.
  • Earn 3 points for every $1 spent on insurance premium payments, up to $4,000 annually.
  • Competitive annual percentage rates.
  • Many student discounts provided by Visa.

Our pick for

Business owners

State Farm State Farm Bank Visa Business Card Credit Card
Annual Fee

$0

Regular APR

15.24% - 22.24% Variable

Intro APR

0% introductory APR on purchases for 6 months

Recommended Credit Score
The State Farm Bank® Business Visa® Credit Card can be a savvy choice for business owners who spend a bundle on insurance premiums, office supplies and travel.

Pros

The card pays above-average rewards of 3 points for every $1 spent on insurance premium payments, up to $4,000 annually; 2 points for every $1 spent on eligible travel and office supply purchases; and 1 point for every $1 spent on all other purchases. Get a little extra time to pay off a big purchase for your business with the card's 0% intro APR offer.

Cons

Other small-business cards may offer rewards that are more aligned with your company's expenses. Anyone seeking a sign-up bonus should look elsewhere, as the State Farm Bank® Business Visa® Credit Card doesn't have one.
  • Earn 3 State Farm Loyalty Rewards® points for every $1 spent on insurance premium payments, up to $4,000 annually.
  • Earn 2 points for every $1 spent on eligible travel and office supply purchases.
  • Earn 1 point for every $1 spent on all other purchases.
  • Redeem points for merchandise, travel, and eligible State Farm® products.
  • Visa Shopping, travel, and protection benefits.

Summary of Best State Farm Credit Cards of 2019

Credit CardBest ForIntro APRRegular APRAnnual FeeLearn More
State Farm Platinum Rewards Visa Credit Card Credit Card

State Farm® Rewards Visa® Credit Card

Spending on premiums

0% on Purchases and Balance Transfers for 12 months

16.24% - 26.24% Variable APR

$0

Read review
State Farm Good Neighbor Visa Credit Card Credit Card

State Farm® Good Neighbor Visa® Credit Card

0% intro APR period

0% on Balance Transfers for 12 months

15.49% - 25.49% Variable APR

$0

Read review
State Farm Student Visa Credit Card Credit Card

State Farm® Student Visa® Credit Card

Students

N/A

17.24% - 25.24% Variable APR

$0

Read review
State Farm State Farm Bank Visa Business Card Credit Card

State Farm Bank® Business Visa® Credit Card

Business owners

0% introductory APR on purchases for 6 months

15.24% - 22.24% Variable

$0

Read review
Credit CardBest ForIntro APRRegular APRAnnual FeeLearn More
State Farm Platinum Rewards Visa Credit Card Credit Card

State Farm® Rewards Visa® Credit Card

Spending on premiums

0% on Purchases and Balance Transfers for 12 months

16.24% - 26.24% Variable APR

$0

Read review
State Farm Good Neighbor Visa Credit Card Credit Card

State Farm® Good Neighbor Visa® Credit Card

0% intro APR period

0% on Balance Transfers for 12 months

15.49% - 25.49% Variable APR

$0

Read review
State Farm Student Visa Credit Card Credit Card

State Farm® Student Visa® Credit Card

Students

N/A

17.24% - 25.24% Variable APR

$0

Read review
State Farm State Farm Bank Visa Business Card Credit Card

State Farm Bank® Business Visa® Credit Card

Business owners

0% introductory APR on purchases for 6 months

15.24% - 22.24% Variable

$0

Read review

Last updated on June 10, 2019

Methodology

NerdWallet's credit cards team selects the best cards in each category based on overall consumer value. Factors in our evaluation include fees, promotional and ongoing APRs, and sign-up bonuses; for rewards cards, we consider earning and redemption rates, redemption options and redemption difficulty. A single card is eligible to be chosen in multiple categories.