State Farm® Rewards Visa® Credit Card
State Farm® Rewards Visa® Credit Card
State Farm® Rewards Visa® Credit Card
Card details
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 gift cards at popular retailers, or for e-certificates, catalog merchandise, air travel, hotels, and eligible State Farm products.
Redemption premium when points are applied toward a qualifying State Farm product.
Enhanced Security with Chip Card Technology
Rates, fees & offers
Annual fee
$0
Rewards rate
1x-3x
Bonus offer
None
Intro APR
0% on Purchases and Balance Transfers for 12 months
Ongoing APR
APR: 14.24% - 24.24% Variable APR
Cash Advance APR: 24.49%, Variable
Balance transfer fee
3%
Foreign transaction fee
3%
Recommended credit score
Compare to other cards
Annual Fee$0 | Annual Fee$95 | Annual Fee$95 |
Regular APR14.24% - 24.24% Variable APR | Regular APR15.99% - 22.99% Variable APR | |
Intro APR0% on Purchases and Balance Transfers for 12 months | Intro APRN/A | Intro APR0% intro APR on Purchases for 12 months |
Recommended Credit Score |
Recommended Credit Score |
Recommended Credit Score |
Wondering if this card is the best match for you?
Wondering if this card is the best match for you?
Wondering if this card is the best match for you?
Just tell us some details and see which card matches your needs most.
Just tell us some details and see which card matches your needs most.
NerdWallet review
Rating details
3
Editor's overall rating
Pros and cons
Pros
No annual fee
Intro APR period on Purchases and Balance Transfers
Cons
The State Farm® Rewards Visa® Credit Card might be the best card offered by the insurance giant, but that doesn't mean you should apply for it.
There's no sign-up bonus, and the ongoing rewards are piddling:
--3 points per dollar spent on insurance premium payments, on up to $4,000 in spending annually (1 point per dollar spent afterward).
--1 point per dollar spent elsewhere on eligible purchases.
Even if insurance premiums were a huge expense for you, the spending cap of $4,000 annually sharply limits your earning potential in this category. Plus, the best redemption options are limiting and not easy to nab.
For more information, see NerdWallet's review of this card.
