State Farm offers credit cards to customers. State Farm's credit card offerings may interest State Farm customers. state farm credit cards review, we'll examine State Farm credit cards' features and fees. We'll also review State Farm's customer service. After reading this review, you'll know if a State Farm credit card is correct. Some consumers may like State Farm credit cards' benefits and features. State Farm Rewards Visa's generous points system can be redeemed for cash back, travel, and merchandise. It has a low-interest rate and no annual fee. The cards don't have sign-up bonuses or introductory offers, and their rewards programs are more flexible than others. Some customers have had trouble with customer service when trying to resolve account disputes. State Farm credit cards may be a good option for loyal customers who want to earn rewards on everyday purchases and have a single insurance bill.
Types Of State Farm Credit Cards:
State Farm offers two credit card options to its customers: the State Farm Credit Card and the State Farm Rewards Visa. State Farm Bank issues both cards, and neither has an annual fee. The State Farm Credit Card is a primary credit card that offers a competitive interest rate and the convenience of a single bill for all your insurance and credit card expenses. With this card, you can earn rewards on your everyday purchases, including 2x points on gas and groceries and 1x on all other purchases. You can redeem your points for cash back, merchandise, travel, or other rewards. The State Farm Rewards Visa is a more comprehensive rewards card that offers a points system similar to the State Farm Credit Card, adding bonus categories for even more points. With this card, you can earn 3x points on dining and 2x on gas.
Fees And Rates
The State Farm Credit Card and the State Farm Rewards Visa have a competitive interest rate of 14.40% - 23.40% variable APR, depending on your creditworthiness. There is no annual fee for either card. There are, however, a few fees to be aware of. Both cards have a balance transfer fee of 3% of the transferred amount, with a minimum of $5. There is also a cash advance fee of 3% of the advance amount, with a minimum of $5. Late payment fees and returned payment fees are both up to $40.
Rewards Programs
The State Farm Credit Card and the State Farm Rewards Visa offer rewards programs that allow you to earn points on your everyday purchases. With the State Farm Credit Card, you can earn 2x points on gas and groceries and 1x on all other purchases. With the State Farm Rewards Visa, Restaurant purchases earn 3x points, gas and groceries earn 2x points, while everything else earns 1x points. You can redeem your points for cash back, merchandise, travel, or other rewards.
The State Farm Rewards Visa also offers a sign-up bonus of 5,000 bonus points for every $500 you spend on the card in the first 90 days. This can be an excellent way to kickstart your rewards earning, but it is worth noting that other credit card companies often offer more generous sign-up bonuses.
Customer Service And Support:
State Farm prides itself on its customer service and support, and the company offers a range of options for its credit card customers. You can contact State Farm by phone, email, or online chat to get help with any issues with your account. The company also has a comprehensive FAQ section on its website that can help you find answers to common questions.
Conclusion
The State Farm credit cards offer a range of benefits and features that may appeal to some customers. The rewards programs, notably the State Farm Rewards Visa, provide a great points system that can be redeemed for various rewards, including cash back, travel, and merchandise. The State Farm Credit Card also has a competitive interest rate and no annual fee. On the downside, the cards do not offer special sign-up bonuses or introductory offers, and the rewards programs are more flexible than those provided by other credit card companies. Additionally, some customers have reported issues with customer service when trying to resolve disputes or problems with their accounts.
