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State Farm® Rewards Visa® Credit Card review

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Earn accelerated points toward State Farm insurance premium payments.

  • Get this card if you use State Farm insurance products.
  • Pick something else if you want a higher rewards rate on other categories of purchases.
  • Apply with a good to an excellent credit score of 670 or higher.

Up to 3x

Points

$0

Annual fee

0%

Intro purchase APR

for the first 12 months (then 14.24% to 24.24% variable)

0%

Intro balance transfer

for the first 12 months (then 14.24% to 24.24% variable)

Details

Annual fee$0
Welcome OfferN/A
Rewards3x points on State Farm insurance premium payments up to $4,000 annually, then 1x points after that and on all other purchases
Purchase APR0% intro for the first 12 months (then 14.24% to 24.24% variable)
Balance transfer APR0% intro for the first 12 months (then 14.24% to 24.24% variable)
Recommended minimum credit score670
IssuerVisa
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Review by


Kliment Dukovski is a credit cards writer. He's written over 600 articles to help readers find and compare the best credit cards. Kliment has also written on money transfers, home loans and more. Previously, he ghostwrote guides and articles on foreign exchange, stock market trading and cryptocurrencies.

Expert review

The State Farm® Rewards Visa® Credit Card is something of an odd credit card. It features 3x points on State Farm insurance premiums on up to $4,000 annually, 12 months 0% intro APR on balance transfers and purchases reverting to a variable 14.24% and 24.24%, and carries no annual fee.

This card really zeroes in on rewarding you for spending and redeeming on your State Farm premium. In addition to the the decent rewards rate on your insurance payments, State Farm also gives you bonus points when you redeem your points into your State Farm checking account. For a little extra utility, this card has a respectable intro period on balance transfers and purchases.

With that said, this card is far less appealing if you’re not spending or redeeming on your State Farm account. It only earns 1x points on other purchases and offers no signup bonus whatsoever. At best, the value you’ll see from this card is modest. Apply if you’re curious, but it’s a tough card to recommend even to State Farm customers.

How to apply for the State Farm® Rewards Visa® Credit Card

You must be at least 18 years old and a US citizen or a resident alien to apply for the card.

  1. Visit the State Farm website.
  2. Locate the State Farm® Rewards Visa® Credit Card.
  3. Click Apply now.
  4. Fill out the application form using your personal information, employment, annual income and housing payments.
  5. Choose to make a balance transfer if you want to.
  6. Review the application form and submit.

What credit score do I need?

Get higher chances of approval with a good to an excellent credit score of 670 or higher.

Card benefits

  • Reward points. Earn 3x points on State Farm insurance premium payments on up to $4,000 annually, and 1x points after that. You also earn 1x points on all other purchases.
  • Reward bonus. Redeem your points into your State Farm checking account and get between 25% and 50% bonus on top. If you use this perk, you’ll get a higher value on your points, which can be 1.5x points or more.
  • Intro APR period. Get 12 months of 0% intro APR period on balance transfers and purchases. Once the intro period expires, your rate reverts to between variable 14.24% and 24.24%.
  • No annual fee. You’ll pay no annual fee for the life of this card.

What to watch out for

  • No signup bonus. You won’t earn any bonus upon signup. If this is a perk you value, consider credit cards with a signup bonus.
  • Foreign transaction fees. Make Every time you use your card to make transactions abroad or online with foreign merchants, you’ll pay a 3% fee of the amount.

Compare rewards credit cards

Name Product Welcome offer Rewards Annual fee Filter values
Blue Cash Preferred® Card from American Express
20% back on Amazon.com purchases in the first 6 months for up to $200 back, plus $150 statement credit after you spend $3,000 in the first 6 months
6% on select US streaming services, 3% on transit and US gas stations, 6% at US supermarkets on up to $6,000 annually, then 1% after that and on all other purchases (redeem as statement credit)
$0 intro annual fee for the first year ($95 thereafter)
Perfect for families: Earn up to 6% cashback as statement credit on everyday purchases and a big welcome offer for a cashback card. This heavy-hitter rewards card has uncontested value. Terms apply, see rates & fees
Blue Cash Everyday® Card from American Express
20% back on Amazon.com purchases in the first 6 months for up to $150 back, plus $100 statement credit after spending $2,000 within the first 6 months
2% at US gas stations and select US department stores, 3% at US supermarkets on up to $6,000 per year, then 1% after that and on all other purchases (redeem as statement credit)
$0
This everyday cashback card offers a higher than average welcome offer for no annual fee, letting you earn 20% back on Amazon.com purchases in the first 6 months for up to $150 back, plus $100 after you spend $2,000 in the first 6 months. Terms apply, see rates & fees
Chase Freedom Unlimited®
$200 after spending $500 in the first 3 months
5% cash back on travel purchased through Chase, 5% on Lyft, 3% on dining and drugstores and 1.5% on all other purchases
$0
This solid 1.5% cashback card gets even better with the addition of up to 5% back in categories like travel, drug stores and dining.
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Bottom line

If you’re paying State Farm insurance premiums and want to save your rewards, the State Farm® Rewards Visa® Credit Card could be an option worth considering. But if you want a higher rewards rate on other categories or on all purchases, you’ll want to compare other credit cards.

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