2% cash back
At gas stations and electric vehicle charging stations, drugstores, grocery stores and on dining. 1% cash back on all other eligible purchases.
Auto deductible reimbursement
Cut down on unexpected expenses. You can get reimbursed up to $200 of your auto policy deductible when you experience a covered loss, if you make a minimum of 8 net purchases in the prior month.3
Cell phone protection
Protect your cell phone every time you pay your bill. Your eligible cell phone can be reimbursed up to $600 in the event it is stolen or damaged when you pay your monthly cell phone bill.4
Combine advanced credit tools and a proprietary algorithm to help raise your score and maximize your money.4
Safeguard your new item against theft or damage for the first 90 days from the date of purchase with Purchase Security, available when you pay with your covered card.4
Frequently Asked Questions
U.S. Bank may change APRs, fees and other account terms in the future based on your experience with U.S. Bank National Association and its affiliates as provided under the Cardmember Agreement and applicable law.
The Contactless Symbol and Contactless Indicator are trademarks owned by and used with the permission of EMVCo, LLC.
The creditor and issuer of this credit card is U.S. Bank National Association, pursuant to a license from Visa U.S.A. Inc. State Farm and the State Farm logo are registered trademarks of State Farm Mutual Automobile Insurance Company.
† APR may vary, the variable APR for Purchases and Balance Transfers is % to %, view full terms and conditions, (based on your creditworthiness). The variable APR for Cash Advances is 29.99%. Cash Advance fee: 5% of each advance amount, $10 minimum. Convenience Check fee: 3% of each check amount, $5 minimum. Cash Equivalent fee: 5% of each cash amount, $10 minimum. Balance Transfer fee: 3% of each transfer amount, $5 minimum. There is a $1 minimum interest charge where interest is due. The annual fee is $0. Foreign Transaction fee: 3% of each foreign purchase transaction or foreign ATM advance transaction in U.S. Dollars and each foreign purchase transaction or foreign ATM advance transaction in a Foreign Currency. U.S. Bank ExtendPay® Fees: A monthly fee not to exceed 1.6% of the original principal amount in a U.S. Bank ExtendPay® Plan or U.S. Bank ExtendPay® Loan. This fixed fee is disclosed upon enrollment and charged each month that you owe the applicable ExtendPay® balance. ExtendPay® Fees are calculated based upon the original principal amount, Purchase APR, and other factors. When you make a payment, the amount up to your Minimum Payment is applied first to the monthly payment obligation for ExtendPay® Plans and ExtendPay® Loans if any, and then to non-Fixed Payment Program balances in the order of the lowest to highest APR. Any amount over your Minimum Payment is applied to balances in the order of highest to lowest APR.
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One-time $150 bonus will be awarded for redemption when you are approved for a new State Farm Premier Cash Rewards card and after eligible net purchases totaling $500 or more are made within 90 days from account opening. Net purchases are purchases minus credits and returns. Cash back is not earned for Advances (including wire transfers, travelers checks, money orders, foreign cash transactions, betting transactions, lottery tickets and ATM disbursements), Convenience Checks, Balance Transfers, and Fees, credit insurance charges, transactions to fund certain prepaid card products, U.S. Mint purchases, or transactions to purchase cash convertible items. Please allow 6-8 weeks after you have met the spend requirement for your bonus to be credited to your rewards balance. Existing and previous State Farm Premier Cash Rewards accounts do not qualify for this one-time bonus. This offer may not be combined with any other bonus offer. Offer is subject to credit approval.
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Cash back is only earned on eligible Net Purchases. Net Purchases are Purchases minus credits and returns. Not all transactions are eligible for cash back, such as Advances, Balance Transfers and Convenience Checks. Upon approval, see your Cardmember Agreement for details. Account must be open and current (no past due Minimum Payment) on the closing date of the billing cycle in order to earn and redeem cash back. Purchases qualify for Cash back based on how merchants choose to classify their business and we reserve the right to determine which purchases qualify. A Purchase will not earn cash back if the merchant’s category code is ineligible. You will earn 3% cash back for every $1 of the first $4,000 spent annually on Purchases classified as insurance, starting with your January statement and 1% cash back after that. Annually is defined as the period of time starting with your January statement (which may include transactions made in December) and running through your December statement (which may not include all transactions made in December). You will earn 2% cash back for every $1 spent on Purchases at merchants classified as gas stations, electric vehicle charging stations, restaurants, fast-food restaurants, bars, grocery stores, food delivery services and drug stores. You will earn 1% cash back for every $1 on all other eligible Purchases. Purchases at or delivery from discount/retail stores that sell groceries may not qualify for the grocery store or grocery delivery category. Cash back is redeemed in the form of a statement credit or a deposit made to a savings or checking account, or as a U.S. Bank Rewards Card ($25 minimum redemption). Subject to applicable law, cash back rewards will expire at 11:00 p.m. Central Time at the end of the calendar quarter, that is three (3) years from the date on which they were earned.
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Certain terms, conditions and exclusions apply. In order for coverage to apply, you must use your covered State Farm Credit Card to secure 8 or more separate net purchases (number of purchase transactions minus number of credits and returns, including partial returns) on your covered card in the calendar month immediately preceding the loss. The covered vehicle must be registered in you or your family member’s name and must be legally operated by you or your family member at the time of the loss. Upon approval, please refer to your Guide to Benefits for further details and full terms and conditions.
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Certain terms, conditions and exclusions apply. In order for coverage to apply for Purchase Security, you must use your covered State Farm Credit Card to secure transactions. In order for coverage to apply for Cell Phone Protection, you must pay your eligible cellular wireless bill with your covered State Farm Credit Card. Upon approval, please refer to your Guide to Benefits for further details and full terms and conditions. Dovly Uplift: While Dovly’s platform is designed to remove inaccuracies from your credit report, every case is different, and not everyone will achieve the same results.